Atmocean has received a grant through the New Mexico Small Business Assistance (NMSBA) program to further advance its wave energy system through cooperation with Sandia National Laboratories.
The grant in the amount of $20,000 will see Atmocean work with Sandia National Labs in 2017 to realize the computational modeling of its nearshore wave energy system.
The project will last for five months, and represents the fourth grant awarded to Atmocean through the NMSBA program, with the total funding granted amounting to $150,000, Christopher White, Atmocean’s Chief Operations Officer said.
NMSBA program enables New Mexico-based small businesses to remain competitive by taking advantage of the scientific capabilities of New Mexico’s national labs, paving a path towards state job creation.
Atmocean, a wave energy developer headquartered in New Mexico, has developed a wave energy system capable of producing both electricity and fresh water through desalination. The system has already been trialed in real sea conditions off Peru in 2015.
Following the trials in a test tank at the A&M University’s Haynes Laboratory in Texas, the system will be re-deployed off Peru for a third round of testing.