SIGMA ENERGY was established in 2008 in order to develop and deploy the wave energy converting technology, covered by several international patents filed by the company owner and lead engineer, Mile Dragić PhD. The company has been able to support the ongoing development process including design, construction and deployment of several scaled models.
Some of the development steps were supported by local and EU funds (Marinet/FP7), but majority of the financing was assured by the company owner. After successful proof of concept phase and several optimization trials the owner has secured the funds for the next phase (full scale device deployment) and we are currently in the process of choosing the deployment destination.
We have been actively building an international partnership network and are cooperating with several test zones and key supply chain members from wider UK area, Ireland, Denmark, Norway, France, and Portugal. With the full scale device in the pipeline (deployment date depends on location and large scaled testing and is currently set for 2018/2019) we are in search of strategic partners from countries with ocean coastline that would aid further, commercial deployment.