ZOEX
ZOEX is the world's first commercially viable, reliable and modular wave energy converter system
Company Details
- Location
- Aberdeen, United Kingdom
- Website
- https://www.zoexpower.com
- ash@zoexpower.co.uk
- Founded
- 2022
- Employees
- 1-3
- Funding
- USD $501K-$1M
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About ZOEX
The problem we're solving:
Penetration market is found in Aquaculture fish farming, who rely on diesel generators which needs to be phased out under net zero policy. There are limited options for renewables. HVO is a short term solution, as soon it will not be a viable in future due to food scarcity. Solar panels suffer badly in marine environment and chip easily due to marine mammals/birds. Pulling shore cable is a good option however the industry is moving more offshore, where shore cable will be costly.Our solution:
ZOEX offers our Offshore customers (Blue economy) reach their net zero target by offering affordable & reliable power from incident waves as a clean alternative to diesel generators.Our differentiator:
ZOEX overcomes the biggest hurdle in wave energy sector: cost. Zoex achieved this by mounting the technology onto an existing marine structure, such as feed-barge in the aquaculture example. This has huge cost savings from installation and maintenance. ZOEX is a modular device where multiples can be installed as per customer demand. It is easy to transport and maintain. The patented double link arm mechanism makes it work effectively at low sea-states whilst preventing mechanical damage in stormOur biggest achievement:
Obtaining Seafood Innovation fund, and installation of full scale demo projectDisclaimer:
Information for this page was sourced directly from the startups or found in publicly available databases. The data has been collected until the end of the programme's year (eg: A 2020 programme has data updated until December 2020) except for where explicitly said so. The data on co-founders is collected upon startup registration and is not further updated. Funds raised is comprised of direct investments (including crowdfunding), funds, and grants. Opinions, conclusions and views expressed in the startup page are solely personal to the author (startup), unless otherwise clearly stated.