Aqua Power Technologies Ltd. (APT) is developing an innovative wave energy converter and contracted K2 Management* to independently review its WEC technology development programme and provide detailed support to the modelling and testing of the APT WEC.
Completing an external review of APT’s innovative technology, we produced detailed documentation which informs investors, sponsors and external partners about the current state of the technology.
The due diligence support provided an overview of the status of individual workloads and highlighted areas for advancement, providing a framework for a development pathway.
Samual Eherington, APT Managing Director, commented:
"<The team> possesses a dynamism, pace and in-depth capability which is simply not available anywhere else in the wave and tidal market. Their wealth of experience and knowledge within the sector combined with our expertise in industrial design and manufacturing has provided the best platform to enable Aqua Power Technologies to develop, manufacture and deploy a truly novel wave energy technology.
The level and work that Cruz Atcheson (now K2 Management) operates at and produces is impressive, professional and insightful."
*Work undertaken as Cruz Atcheson prior to acquisition by K2 Management in 2018