Capital Raising

CLOSED

Elemental Energy Technologies Ltd

Tidal Energy System

INDUSTRY

Technology

Company Overview

Transaction Summary
Elemental Energy Technologies Ltd

This offer closed October 2020. If you would like to discuss anything in relation to this company please contact us for further information.

All information on this page was current as at the date of closure.

Company Overview

Elemental Energy Technologies Ltd (EET) has developed the MAKO Tidal Energy System (MAKO) as a cost-effective free-stream hydro turbine to produce a world first – 100% predictable renewable energy.Suitable for utilities, businesses and communities near flowing water, including tides, rivers, canals and tailraces.EET has drawn on the automotive, marine and aerospace industries to provide a fresh perspective on solving the challenges faced by tidal energy systems.

Working within a defined strategy in the largest market in the world with a fully developed and patented technology. MAKO Energy is looking to use the funds for working capital and to build a customer pipeline by expanding its business development beyond Sydney, Singapore, and Tokyo where it currently has operations