Oscilla Power Analysis: $8M Raised
What is Oscilla Power?
Oscilla Power develops the Triton wave energy converter, capable of generating 1 MW of power. Their technology aims to harness ocean wave energy for various applications, including energy security and grid resilience. The company has conducted extensive testing and validation of its technology since its founding in 2009.
Location
Seattle, Washington 98199, United States
Employees
1-10
Founded
2009
Product Features & Capabilities
- Triton WEC with 1 MW rated power
- Proprietary drivetrain technology
- Utility-scale wave energy solutions
- Technology validation through ocean tests
Use Cases
Generate renewable energy from ocean waves; Provide energy security for coastal regions; Support defense and homeland security applications; Enhance grid resilience with wave energy; Develop utility-scale power plants using Triton WEC
How much Oscilla Power raised
Funding - $8M
Other Considerations
Selected as a winner for Power at Sea Prize; Awarded Phase 2B SBIR from US DOE for $1.15 million; Featured in Clean Energy Business Network's State of Clean Energy infographic
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