Awards & Grants - NoviOcean

NoviOcean Triumphs at the 8th China IEIC: A Global Milestone in Clean Energy Innovation

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 11 December 2024 NoviOcean Triumphs at the 8th China IEIC: A Global Milestone in Clean Energy Innovation NoviOcean’s Global Recognition & New Opportunities! NoviOcean at the 8th China (Shenzhen) Innovation & Entrepreneurship International Competition, December 2024. We’re proud to share NoviOcean’s outstanding achievements at the 8th China (Shenzhen) Innovation & Entrepreneurship International Competition (IEIC), where our innovative wave energy technology was recognized by leading global investors, professors, and scientists. Our Key Accomplishments: 1st Place – Sweden Final (among 273 companies) 2nd Place – Marine Energy (Global) (competing with 172 companies, 21 finalists) 10th Place – Global Final (All Sectors) (21 finalists from 7 sectors) With 3,518 global applicants from 13 countries, we’re honored to be ranked as a top global innovator. What This Means for Noviocean: Global Validation – Judged by esteemed investors, professors, and scientists. Proof of Competitiveness – We’ve stood out against thousands of global innovators, earning recognition on international platforms. New Momentum – This is just one of several milestones driving us toward leadership in ocean energy innovation. We’re now preparing the next phase: full-scale construction, deployment, and testing of our 1 MW Wave, Wind & Solar Energy Converter designed to provide clean electricity and support water desalination. We are actively seeking partners and investors to join us on this transformative journey and seize the high-impact, high-return opportunities as we lead the way in sustainable energy solutions. Originally published on noviocean.energy/ on 11 December 2024 as “NoviOcean Triumphs at the 8th China IEIC: A Global Milestone in Clean Energy Innovation”. The text above is the original post, reproduced from the WordPress export, with one phrase corrected so the full-scale build reads as the next phase — marked in place and listed at the foot of this file. Related Company Awards & Support Every competition, prize and public funder behind the programme — and what recognition is not. Evidence Validation The development journey, the offshore testing record and exactly what the NO3 demonstrator validates. Library Insights & News Company news, media coverage, videos and selected reports, in one place. Recognition is one thing. Evidence is another. The offshore record, the demonstrator scope and the pilot plan are all set out in full. Bring the awkward questions — those are the useful ones. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

NoviOcean Triumphs in StartUp4Climate Award, Secures 1M SEK Prize

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company News 7 February 2024 NoviOcean Triumphs in StartUp4Climate Award, Secures 1M SEK Prize A Triumph for Renewable Energy Innovation in the Fight Against Climate Change NoviOcean at the StartUp4Climate award ceremony — the photograph published with the original post. In a notable victory for renewable energy innovation, NoviOcean has won the prestigious StartUp4Climate award, securing a substantial prize of 1 million Swedish Krona (SEK). The award, celebrated for its prominence in the energy sector, recognizes groundbreaking efforts in climate change mitigation. The announcement was met with great enthusiasm by our team, who expressed their pride and gratitude for this recognition. This achievement not only underscores the company’s commitment to sustainable energy but also highlights the potential of Ocean Energy solutions in combating climate change. NoviOcean’s success was amidst stiff competition from other innovative finalists, showcasing advancements in areas like fusion energy and eco-friendly cement production. The company acknowledges the impressive achievements of these contenders, emphasizing the collaborative spirit of innovation in the fight against climate change. We sincerely thank the jury, comprising esteemed figures like Stefan Krook, Johan Lindehag, Lina Bertling Tjernberg, Johanna Mossberg, and Jane Walerud. Additionally, we express appreciation towards Ellevio, GodEl, THINGS, and WeDontHaveTime for fostering an impactful platform for showcasing climate-centric innovations. As we continue our mission to revolutionize the energy landscape with efficient and profitable wave power, this award marks a significant milestone in our journey towards a more sustainable future. Originally published on the NoviOcean news archive, 7 February 2024, as “NoviOcean Triumphs in StartUp4Climate Award, Secures 1M SEK Prize”. Text restored verbatim from the WordPress export and re-marked in the V2 design, August 2026. Related on this site CompanyAwards & SupportThe full recognition record, the funders behind it, and what awards are not. ValidationThe evidence behind the claimsSix development stages, offshore testing, and what NO3 does and does not validate. TechnologyHow the platform worksBuoyancy, a trapped column of air, and a Pelton turbine borrowed from hydropower. Recognition is the easy part. Ask about the evidence. Test data, the life-cycle study and the current programme status are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige is presented once more in the Startup4climate challenge

Innovating for a Greener Future: Novige Competes in Startup4Climate Challenge

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company News 7 February 2024 Novige is presented once more in the Startup4climate challenge We are pleased to be a contestant in the Startup4climate competition, Sweden’s largest innovation challenge within the energy sector, organized by GodEl and Ellevio. Published as Novige AB. The company is now NoviOcean AB. The purpose of this challenge is to promote and support clean energy solutions and innovations that have the highest potential in accelerating the global energy transition. All innovations and startups in the competition are presented on We Don’t Have Time, a social network dedicated to increasing awareness about the climate crisis and its negative consequences. Winners of Startup4Climate will take home two million SEK to help speed up the development of their cleantech solution. Our profile on this platform reads: “When the wind is not blowing for ten days a month and when the sun is not shining, that is when fossils are burned the most, at the highest cost for the climate and the consumers. Exactly in the same days and hours is when wave energy delivers the most.” With the right support, we aim to reach a minimum global cumulative deployed capacity of 4 GW by 2050 for NoviOcean, (10% of the target set by the European Commission). According to our estimations, this target roughly amounts to 12 € Billion in sales, providing the perfect opportunity for one or maximum two global partners and/or VCs to enter this vast market with us for the best of the climate. Read more about our mission, targets, and strategies in our recent post here. By voting (agreeing) to us here, you will help us reach the goal of “Saving the climate with profitable wave power” faster. We intend to mitigate the climate crisis massively by changing from wind+solar+fossils to wind+solar+wave power. Intermittent green energy at large scales, plus expensive and non-sustainable storage+fossils will not stop the climate crisis… we plan to change that! The Startup4Climate competition is open to your votes and comments until 11 September 2022 and the winners will be presented in connection with We Don’t Have Time’s live broadcast at the UN climate conference COP27 in Sharm El Sheikh, Egypt in November 2022. Originally published on noviocean.energy/, 7 February 2024. The body is the original post text, reproduced from the WordPress export; no figure in it was changed. Related on this site CompanyAwards & SupportEvery competition entered, every one won, and the funders behind the programme. TechnologyMedi Wave 850HThe current product: what it is rated at and what stays project-dependent. ValidationThe evidence behind the claimsCompleted stages, current stage, and the phase that is still ahead. Prefer the engineering to the pitch? Test data, the model-validation work and the current programme status are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige is selected as a ‘’Top 25 Company of the 11th Nordic Cleantech Open’’

Novige is selected as a ‘’Nordic Top 50 Impact Company – 2022’’

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company News 7 February 2024 Novige is selected as a ’’Nordic Top 50 Impact Company – 2022’’ We are glad to be selected as one of the Nordic Top 50 Impact Companies by the One Initiative. The list comprises of the top 50 promising Nordic and Baltic impact start-ups of 2022. Published as Novige AB. The company is now NoviOcean AB. The team has been invited to Nordic Impact Business Summit 12-13 September 2022 at Nordea HQ in central Copenhagen to talk about our solution for “saving the climate with profitable wave power” with several Nordic and global investors and venture capital organizations. We will also discuss how wave energy, and particularly, NoviOcean can substitute fossils and unsustainable storage when the wind is not blowing and the sun is not shining, when the costs are the highest for the consumer and the climate. We look forward to meeting Nordic and global investors with interest in renewable ocean energy solutions that want to join us in this exciting journey toward making a more sustainable energy future for all. Originally published on noviocean.energy/, 7 February 2024. The body is the original post text, reproduced from the WordPress export; no figure in it was changed. Related on this site CompanyAwards & SupportThe recognition record in full, and what it is and is not evidence of. ValidationThe development journeySix stages, offshore testing, and what NO3 validates now. ApplicationsWhere the platform is usefulIslands, data centres, desalination and aquaculture — the four priority markets. Want the impact case with its assumptions attached? The life-cycle study and the production model behind these figures are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige AB receives a multi-million EUR grant to build its first full-scale 500 kW pilot Wave Energy Converter (WEC)

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company News 7 February 2024 Novige AB receives a multi-million EUR grant to build its first full-scale 500 kW pilot Wave Energy Converter (WEC) Novige AB received a 2.1 million EUR grant from the European Climate, Infrastructure and Environment Executive Agency (CINEA) under the LIFE programme to design, build, deploy, test, and certify its first full-scale pilot WEC unit, NoviOcean NO500 in an offshore test site by 2025/26. Published as Novige AB. The company is now NoviOcean AB. NoviOcean WEC (rated at 500 kW) will utilize a low-weighted float and well-proven parts to produce clean/stable electricity at a commercially viable cost. Simple design, less use of materials, and recyclability, along with an effective global licensing strategy will facilitate local manufacturing, operation, and decommissioning using readily available resources. More details on the upcoming stages of building and deployment of the pilot unit will be disseminated on a continued basis to various project stakeholders. For more information on the context and progress of the LIFE NOVIOCEAN project, please visit our dedicated project page. Originally published on noviocean.energy/, 7 February 2024. The body is the original post text, reproduced from the WordPress export; the single figure changed is listed at the foot of this file. Related on this site ValidationThe development journeySix stages, marked completed, current and future — with the pilot in its real place. CompanyInvestor RelationsThe funding rail, the capital-efficient route, and how to request the package. TechnologyMedi Wave 850HThe current design basis: 850 kW from wave, wind and solar on one structure. Want the current plan, not the 2021 one? The programme status, the pilot schedule and the funding position are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige is nominated for yet another startup challenge award

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 7 February 2024 Novige is nominated for yet another startup challenge award Empowering Sustainable Solutions to Accelerate the Global Energy Transition Published as Novige AB. The company is now NoviOcean AB. For the third time in a row, Novige is nominated for another award… This time it is Startup4climate, Sweden’s largest innovation challenge within the energy sector, organized by GodEl and Ellevio. The purpose of the challenge is to promote and support clean energy solutions and innovations that have the highest potential in accelerating the global energy transition. All innovations and startups in the competition are presented on We Don’t Have Time, a social network dedicated to increasing awareness about the climate crisis and its negative consequences. The winner of Startup4Climate will take home two million Swedish crowns to help speed up the development of their cleantech solution. Tackling the climate crisis is very much about finding and scaling up new solutions, and that is exactly the criteria we can deliver on. The other nominated contributions also have strong solutions, but we are convinced that our solution, NoviOcean will help accelerate the necessary energy revolution. The potential for wave power is enormous… Jan Skjoldhammer, CEO and founder of Novige AB During the summer, Novige’s wave power concept, NoviOcean, underwent extensive tests at the ECN’s Research Laboratory in Hydrodynamics, Energetics & Atmospheric Environment (LHEEA) in Nantes, France. All results were satisfactory, and several important conclusions were drawn. Novige plans to have the first full-scale NoviOcean unit developed and ready for deployment by 2024 with a total cost of 5 million euros. The Startup4Climate competition is open to the people’s votes until 1 September and the winners will be announced on 11 November. For illustration only — the actual design is shared in closer dialogues. Originally published on noviocean.energy/, 7 February 2024. The body is the original post text, reproduced from the WordPress export; the one deleted clause is listed at the foot of this file. Keep reading Company Awards & Support Every award, dated, plus the funders behind the programme. Validation Why recognition is not validation The measured evidence: tank, rig, offshore operation, model correlation. Insights & News The rest of the archive Company news, media coverage, interviews and selected reports. Prizes are not proof. The data is. If you want to judge NoviOcean the way an engineer would, ask for the test record rather than the trophy shelf. We will bring both, and be clear about which is which. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige AB has been announced as the winner of Stena Line’s Propeller Prize 2021

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 5 February 2024 Novige AB has been announced as the winner of Stena Line’s Propeller Prize 2021 Recognized for Excellence in Renewable Ocean Energy Published as Novige AB. The company is now NoviOcean AB. Novige AB Wins Stena Line’s Prestigious Propeller Prize 2021 Yesterday we received this pleasant info: “Congratulations! You have been nominated for step 2 in Stena Line Propeller Prize” Stena Line Propeller Prize is an entrepreneur prize granted annually to young businesses in the ICT and Maritime Technology arena. There are two categories, each with three nominees. One of them is marine technology which we will be competing in. Stena Line is one of the world’s largest ferry lines, with a strong focus on sustainability. This aligns very nicely with our mission. Stena Line Propeller Prize is an entrepreneur prize granted annually to young businesses in the ICT and Maritime Technology arena. Two young growth companies win 100 000 SEK each. The prize is announced by Blue Science Park during the digital event Innovation Day on May 06 in Karlskrona. Published in the NoviOcean news archive on 5 February 2024, under the company’s former name Novige AB, as “Novige AB has been announced as the winner of Stena Line’s Propeller Prize 2021”. Rebuilt in the V2 design; the wording is the original post, reproduced from the WordPress export. Keep reading Company Awards & Support The five wins, dated, and what recognition is and is not. Validation Recognition is not validation The measured record: tank, rig, offshore operation, model correlation. Insights & News The rest of the archive Company news, media coverage, interviews and selected reports. A prize opened the door. The data is what you should walk through it for. Ask for the offshore record, the model-correlation work and an honest list of what has not been validated yet. That is the conversation worth having. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

NoviOcean / Novige AB nominated as one of six for the final round of Stena Line’s Propeller Prize

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 5 February 2024 NoviOcean / Novige AB nominated as one of six for the final round of Stena Line’s Propeller Prize Yesterday we received this pleasant info: Published as Novige AB. The company is now NoviOcean AB. “Congratulations! You have been nominated for step 2 in Stena Line Propeller Prize” Stena Line Propeller Prize is an entrepreneur prize granted annually to young businesses in the ICT and Maritime Technology arena. There are two categories, each with three nominees. One of them is marine technology which we will be competing in. Stena Line is one of the world`s largest ferry lines, with a strong focus on sustainability. This aligns very nicely with our mission. Stena Line Propeller Prize is an entrepreneur prize granted annually to young businesses in the ICT and Maritime Technology arena. Two young growth companies win 100 000 SEK each. The prize is announced by Blue Science Park during the digital event Innovation Day on May 06 in Karlskrona. Originally published on noviocean.energy/ on 5 February 2024 as “NoviOcean / Novige AB nominated as one of six for the final round of Stena Line’s Propeller Prize”. The text above is the original post, reproduced from the WordPress export. The prize is run by Stena Line with Blue Science Park. Related on noviocean.energy/ Awards & Support Five competitions entered, five won — and the public funders behind the programme. Validation The development journey, offshore testing, the NO3 scope and model validation. Insights & News Company news, media coverage, videos and selected reports in one place. Judged by a jury. Now judge the evidence. Awards open the door; test data closes the deal. The offshore measurements, the model correlation and the current investor material are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Wave energy developer Novige AB moving forward, awarded 4.25 million SEK

Exploring the Potential and Strategies for Sustainable Wave Power

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 5 February 2024 Wave energy developer Novige AB moving forward, awarded 4.25 million SEK Accelerating Progress Toward a Sustainable Future The illustration published with the original post.For illustration only — the actual design is shared in closer dialogues. Published as Novige AB. The company is now NoviOcean AB. Novige AB, with its concept NoviOcean got a budget of 5.6 MSEK approved by the Swedish Energy Agency, where 1.35 will be provided by the company. 1.1 MSEK will go to Uppsala and KTH University for further research and work into various aspects of the novel concept. Presently the development is at TRL 5/6, the unit having been prototype tested in both wave tank and offshore in its basic version, scale 1:5. The funding will provide means for further fine-tuning of the float and PTO/machinery, to increase effectiveness and prolong lifetime for various components. – To be able to stay below 1.5 to 2 degrees Celsius of global warming, it is crucial to also utilize the enormous potential of the oceans very soon, not in two decades from now. Therefore, we need to move fast, and NoviOcean has an unusual potential to succeed in this. Funding being crucial to move forward quickly. Many companies sponsor motorsport or athletes, but these days, what can be more important or meaningful than to sponsor companies that work hard to “save the climate”? What can we offer in return besides saving the climate? We can offer visits to our test rig at KTH, to our test site outside Stockholm, a place in our advisory board, use of our logo and monthly ZOOM events with your employees so they will be part of this important and motivating journey. Finally, when the full size unit is at sea in three years, visits on board for a large number of employees as well as your VIP guests. Your customers and contacts will definitely appreciate your action! Welcome to contact us for a chat of how to possibly arrange this. says Jan Skjoldhammer, CEO and founder of Novige AB. Please visit our “Donors” tab on the homepage, for companies or individuals. Any amount is welcome, once or monthly, and you too will be a part of “saving the climate”. Originally published on the NoviOcean news page; the archive entry carries the date 5 February 2024. The funding decision and the development status described are as reported at the time of writing. Text restored verbatim from the WordPress export and re-marked in the V2 design, August 2026. Related on noviocean.energy/ Investor Relations The capital-efficient route to full-scale validation, and how to ask for the current package. Validation The development journey, offshore testing, the NO3 scope and model validation. Medi Wave 850H The current product: 850 kW of wave, wind and solar on one platform. Public money took it to prototype. The next phase is a conversation. Phase budgets, the financing route and the current investor material are shared in controlled, dated material after an introductory meeting. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Category: Awards & Grants