SWE Sea Wave Energy

Company Overview

Snapshot

Founded in January 2024 by Oria Yitzhak, Shimon Mimoun, and Israel Omri, SWE Sea Wave Energy operates with 1-10 employees. The company is currently in the Pre-Funding stage, focusing on developing its wave energy system.

Business overview

SWE Sea Wave Energy develops a wave energy system designed to convert random wave motion into renewable electricity. The company's core technology captures kinetic energy from waves and transforms it into electrical power through mechanical and electrical processes. This customizable system operates independently at sea, with multiple units capable of working together for continuous operation. SWE Sea Wave Energy serves markets requiring energy for small consumers, such as fish farms and boats, and also targets larger applications, including connections to national grids via submarine cables. The company operates within the Energy Tech sector, specifically focusing on Clean Energy Generation and Renewable Energy Systems.

Company Intelligence Q&A

What is SWE Sea Wave Energy's primary focus?

SWE Sea Wave Energy develops a wave energy system that converts random wave motion into renewable electricity, aiming to mitigate CO2 emissions associated with traditional electricity production.

When was SWE Sea Wave Energy founded?

SWE Sea Wave Energy was founded in January 2024.

Who are the founders of SWE Sea Wave Energy?

The company was founded by Oria Yitzhak, Shimon Mimoun, and Israel Omri.

What markets does SWE Sea Wave Energy target?

SWE Sea Wave Energy targets markets in Asia, Europe, and the United States, providing energy solutions for small consumers like fish farms and boats, as well as larger applications connecting to national grids.

What is the current product stage of SWE Sea Wave Energy?

SWE Sea Wave Energy is currently in the Customer Development product stage, with its SWE system being developed to convert wave motion into renewable electricity.