Ocean Oasis

Overview
News
Conservation Tech?
Product stageSegments
Seed
?
Next-gen Desalination
?

Ocean Oasis is a Norwegian company that provides offshore desalination solutions, enabling freshwater production in deep ocean waters with its floating desalinator, anchored offshore in deep ocean waters, which uses wave energy to drive a reverse osmosis process and pump freshwater to shore. The desalinator delivers freshwater to shore through pipes along the seabed. The company claims that a fleet of units could provide freshwater to an entire city.


As of August 2023, the company's concept has been laboratory tested. It was building its first full-scale unit for further sea trials. The company launched its pilot buoy, "Gaia," which is the prototype of its wave-powered offshore floating desalination plant, in Las Palmas, Gran Canaria, after which it plans to build and install its first commercial plants in the Canary Islands. Ocean Oasis technology can be used on coasts worldwide where there is sufficient wave action, including South Africa, Morocco, Chile, and Australia.


Based on customer needs, the company also offers a build-own-operate (BOO) model, where the company would finance, build, operate, and maintain the desalination plants and ultimately supply desalinated water to customers under long-term contracts. Ocean Oasis asserts that it can deliver potable water at a competitive cost, on par with other solutions, as long as the wave conditions are suitable for its technology.


HQ location:
Oslo NOR
Founded year:
2020
Employees:
1-10
IPO status:
Private
Total funding:
USD 9.7 mn
Last Funding:
USD 6.7 mn (Grant; Aug 2024)
Last valuation:
-
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