Atargis Energy Corporation

Finally! Abundant, low cost, utility-scale electricity from ocean waves.

  • Stage Product In Development
  • Industry Clean Technology
  • Location Pueblo, CO, USA
  • Currency USD
  • Founded May 2010
  • Employees 6
  • Incorporation Type C-corp
  • Website atargis.com

Company Summary

The first, and only, technology that will generate cost-effective, utility-scale electricity from ocean waves. Autonomous, real time wave sensing and generator control efficiently produce 2.5 MW each generator.

20% global electricity market.

$0.03 per kWh at 1.25 GW.

AI-based forecasting days in advance.

Significant hardware and software IP.

$3.5 million DOE grant for Navy testing early 2021. Open ocean testing within two years.

Team

  • Stefan Siegel
    Co-Founder and CTO

    Renowned fluid dynamics researcher with significant contributions in aerospace technology development for the Air Force Academy and its affiliates, and renewable energy with Atargis Energy. Inventor of the CycWEC technology. M.S. Aerospace Engineering University of Stuttgart, Ph.D Aerospace and Mechanical Engineering University of Arizona

  • Bill Hartman
    President/CEO

    Multiple startups as founder, President/CEO in sensor systems, AI, medical devices and others.. Successful investor exits. Build great, accountable teams that execute winning strategies. BS US Naval Academy, MBA Simon School.

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