Company Profile

Littoral Power Systems Inc
Profile last edited on: 5/5/2022      CAGE: 79X97      UEI: NV7XX28TM3L3

Business Identifier: Utility-scale head-based hydropower and ocean hydrokinetic power
Year Founded
2015
First Award
2020
Latest Award
2022
Program Status
Active
Popularity Index
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Location Information

5 Dover Street Suite 103
New Bedford, MA 02740
   (508) 436-4100
   N/A
   www.littoralpower.com
Location: Single
Congr. District: 09
County: Bristol

Public Profile

Working in the arena of utility-scale head-based hydropower and ocean hydrokinetic power, Littoral Power Systems Inc (LPS) was originally launched by alternative energy industry veterans with a view towards commercializing new, sustainable, resilient approaches to hydropower technologies, as well as provide renewable power assets that are deployable in remote, non-grid-connected locations. ? A critical factor in all hydropower installations is the ease of assembly and maintenance. To be able to secure local installation contracts all over the world, the judgment of the founders was that they had to be able -- and be appropriately equipped to work with local installation crews who may not have sophisticated capabilities or equipment. Hence, a critical early focus has been that of tackling development of lines of prefabricated, modular equipment that c/would greatly reduce the time, complexity, and expense of plant construction. To that end, LPS was initially established to address the related issues and inherent problems of cost, environmental impact, and licensing complexity. With the underlying premise that systems can be built, operated, and ultimately de-commissioned as required with the minimal environmental and/or biological impacts, the firm is structured to design, build and sell prefabricated, standardized modular equipment that can be rapidly deployed across different types of sites. Litoral Power was one of several firms awarded in receipt of c. $4M of DOE (non-SBIR) funding (totaling $25 Million across all awardees) for projects related to for Cutting-Edge Wave Energy Research

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
20-24

Awards Distribution by Agency

Key People / Management

  David Duquette -- Founder and CEO

  Sarah Brezniak -- Program Director

  Ryan Cook -- Chief Strategy Officer

  Luke Graham -- Project Development Lead

  Nicholas Jaffa

  Kathie Leighton -- Vice President

Company News

There are no news available.