Orbital Marine Power
Innovation Centre - Orkney, Hatston Pier Road, Kirkwall, Orkney, KW15 1ZL, United Kingdom
Overview
Orbital Marine Power designs, builds, and operates floating O2-class tidal-stream turbines engineered for harsh marine environments. Its technology platform is already producing power at the European Marine Energy Centre, and contracted deliveries will soon bring the fleet to six machines with a combined 14.4 MW capacity—enough to supply up to 18,000 homes. The company is advancing projects at multiple UK coastal sites, including Orkney and the Isle of Wight, while newly awarded licenses in Nova Scotia open a path to international expansion. Orbital emphasises UK domestic sourcing, projecting a £200 million industrial opportunity with roughly 70 percent of value flowing to local suppliers. Fresh capital will be used to scale manufacturing and accelerate global project development. By commercialising predictable tidal energy, the firm aims to position the UK as a global centre of excellence in this sector. Current backing from institutional investors and public agencies underpins its transition from demonstration to commercial rollout.
- Total raised
- $31M
- Funding rounds
- 4
- Latest round
- Equity
- Latest activity
- Dec 2025
Industries
- Energy
- Renewable Energy
Recent funding
Equity
Dec 2025
$9M
Equity
Jul 2022
$5M
Equity
Mar 2013
$12M