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AquaGen Technologies

AquaGen SurgeDrive harnesses the energy of ocean waves to generate electricity at a cost comparable with wind and solar power.

  • Stage Prototype Ready
  • Industry Clean Technology
  • Location Melbourne, VIC, Australia
  • Currency AUD
  • Founded February 2007
  • Employees 3
  • Website

Company Summary

SurgeDrive has great potential to access a massive global market. Twice the worlds electricity production could come from its waves. By minimising the equipment in the water and thus reducing generation costs, our fully patented SurgeDrive technology is set to dominate this market. The technology has been proven in model tests and open water demonstration. We have customers waiting for wave farm projects worth a minimum of US$400m.


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    Nick Boyd, B.Eng Aerospace Hons

    Nick is the inventor of the SurgeDrive system and founder of the company and has over 16 years of experience spanning the offshore oil and gas, aerospace and high-tech industries. He has been engaged in management, engineering and product development roles with a variety of startups, consultants and companies worldwide.

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    Martin Buden, B.Eng Hons, B.Com
    Manufacturing Director

    Martin brings to the company an ideal mix of engineering and business skills. As managing director of Buden Industries, our manufacturing partner, he uses his classical finance training as well as his engineering qualifications to enable a ‘we can do anything’ approach. Since 2007 AquaGen has benefited greatly from his technology development and business operations input.

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    Martin Stuart, B. Economics/Marketing
    Marketing & Business Development

    Martin has over 15 years experience as a marketing and management professional globally, working in diverse industries including energy, IT, robotics, infrastructure management, professional services and music industry development. Martin's specialist skills in new business development, strategic planning and previous successes in dealing with Government agencies and new technologies will be a valuable asset in AquaGen’s development.


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    Phillips, Ormond, Fitzpatrick
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    Lenton and Company

Previous Investors

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