Orbital Marine Power Ltd

Orbital Marine Power Ltd, based in the UK, focuses on tidal energy technology, specializing in the innovative O2-X tidal turbine that generates low-carbon electricity from ocean tides. Orbital Marine Power Ltd specializes in tidal energy solutions, primarily through the development of its O2-X tidal turbine. Founded in 2002, the company is headquartered in the UK. In December 2025, Orbital raised GBP 7 million in a funding round co-led by PXN Group and Scottish Enterprise.

The latest funding will be utilized to advance their tidal turbine projects, increase production capacity, and support upcoming deployments. The company has engaged in two deals to date, reflecting its focus on innovation in tidal energy technology. Orbital Marine Power specializes in innovative tidal energy technology, particularly through their flagship product, the O2-X tidal turbine. The O2-X turbine harnesses the predictable energy of ocean tides to generate low-carbon electricity, aiming to provide clean, reliable energy to residential and commercial sectors.

These turbines are designed for effective operation in various geographical markets, including the Bay of Fundy in Canada and other coastal regions with strong tidal currents. By leveraging their proprietary technology, Orbital Marine Power delivers a dependable energy resource that integrates into future energy systems. Orbital Marine Power generates revenue primarily through partnerships and project-based contracts related to their tidal turbine technology. The company collaborates with governmental agencies and energy providers to deploy their O2-X turbines in suitable marine environments.

Revenue is structured around project financing and development agreements, where clients fund the installation and operation of the turbines in exchange for energy shares. Specific pricing details have not been disclosed, but agreements typically define service terms, expected energy output, and maintenance provisions. Orbital's focus on innovation positions it to capitalize on increasing global interest in renewable energy. In December 2025, Orbital Marine Power Ltd plans to utilize the GBP 7 million raised to advance its tidal turbine projects and increase production capacity.

The company is focused on expanding its deployments into new markets and geographic regions, specifically targeting areas with strong tidal currents. Recent funding will support these initiatives, allowing for greater capacity and deployment capabilities in suitable marine environments.