EIS INVESTMENT

MARINE POWER SYSTEMS

MPS was co-founded in 2008 by Dr Gareth Stockman and Dr Graham Foster. Since then we have expanded our team into the fantastic group of engineers, scientists and managers we have with us today, and we will continue to expand as the business grows in the future. Our team also includes some of the best suppliers, sub-contractors and independent experts in the business, increasing the knowledge and experience available to support us on our journey.

Our mission is to become a world leader in the manufacturing and supply of marine energy extraction hardware by having the highest performance and most cost-effective technology available in the market. We are well on the way to achieving this with our sector leading devices WaveSub, WindSub and DualSub…

The business made an equity investment into Marine Power Systems in March 2021, diversifying its investments into renewable energy.