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Oscilla Power, Inc.

Patented, materials-enabled wave energy conversion system w/o moving parts. Will deliver grid-scale power at 5-10 c/kWh w/o subsidies.

  • Stage Prototype Ready
  • Industry Industrial/Energy
  • Location Seattle, WA, USA
  • Currency USD
  • Founded August 2009
  • Employees 6
  • Website oscillapower.com

Company Summary

Founded in 2009, OPI is developing a low-cost, high-reliability, grid-scale wave energy harvester powered by its IMEC(TM) technology platform. The iMEC platform uses readily available and low-cost magnetostrictive alloys to convert mechanical energy into electricity without moving parts, delivering higher reliability and lower costs than the alternatives. Our initial open water deployments will take place in 2013 in Washington and New Hampshire.

Team

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    Balakrishnan Nair
    CTO

    Dr. Nair has 14 years of experience developing cleantech-related materials, devices, and systems. He was previously CEO of EmiSense, which developed a novel diesel emissions sensor until its acquisition by Coorstek. Prior to earlier experiences at Ceramatec and Argonne Nat'l Lab, Dr. Nair earned a Ph.D. in Materials Science from the Univ. of Wisconsin and a B.Tech. in Metallurgical Eng. from IIT-Bombay. He has 14 approved and 23 pending patents.

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    Rahul Shendure
    CEO

    CEO Rahul Shendure’s career has focused on the commercialization of game-changing “clean” technologies. Prior to co-founding OPI, he was VP of Product Marketing and the first business hire at Amyris; previously, he led strategic marketing and product management at Ballard Power Systems and held technical and business roles at GE. He has a B.S. in Chem. Eng. from MIT and an MBA from Harvard Business School.

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    Brian Wawro
    Advisory Board Member

    Managing Director, Treeline Capital. Previously Senior VP, Chrysalix Energy Venture Capital and Head of Canadian M&A, Duke Energy.

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    Rye Barcott
    Advisory Board Member

    Advisor to the Chairman/CEO, Duke Energy.

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    Alison Flatau
    Advisory Board Member

    Professor of Aerospace Engineering, University of Maryland. Leading expert on magnetostriction.

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    Joao Cruz
    Advisor

    Head of Wave Energy, GL Garrad Hassan. Previously at Pelamis Wave Power.

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    Dominique Roddier
    Advisor

    Principal, Marine Innovation & Technology. CTO, Principle Power.

Advisors

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    Noel Howe, Beacon Law Advisors (Gen. Counsel); Jeff Holman, Wilson Ham & Holman (IP Counsel)
    Lawyer
    Unconfirmed
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    Don Lundbom, CPA, MBA (Partner, B2B CFO)
    Accountant
    Unconfirmed

Previous Investors

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    Paul Mashikian, Paul Adams, Neelan Choksi, Kristin Martinez, PMC Advanced Technology LLC,
    Unconfirmed
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    founders, others
    Unconfirmed