waterStrider Treatment

What waterStrider Treatment does

WaterStrider Treatment is a Vancouver, Canada-based private company (11-50 employees) developing an ocean wave energy generation device. Note: the firmographic short description references treating water recovered during oil and gas production, but the underlying technology record, product record, patent, and company website all consistently describe an ocean wave energy device; the wave-energy description is treated as the primary source of truth given the depth of supporting evidence.

The core product, marketed as WaterStrider, is a floating device anchored to the ocean floor via cables and cable-tension mechanisms. Wave motion raises and lowers multiple arms around the device; magnets at the top of each arm drive internal sliders that engage one-way cable tension mechanisms to spin a sealed generator and produce electricity. Key engineering features include a generator sealed against ocean conditions, an adjustable mooring system that maintains optimal device height across tides and sea-level rise, the ability to submerge the device during violent storms, and a low-visual-impact profile permitting nearshore placement. The technology is protected by US Patent US10280894B1, issued in 2019.

The business is pre-commercial. There is no disclosed pricing model, no formal distribution channel, and no named customers; inbound interest is handled via direct email to an individual named Andrew. The addressable customer segment is horizontal — power utilities and energy providers seeking clean renewable generation — and the company cites the US Energy Information Administration's estimate of 2.64 trillion kWh in theoretical annual wave-energy potential off the US coast (roughly 64% of US utility-scale generation) as the underlying market opportunity. The company has disclosed a single $1,000,000 funding round in November 2017 from Alberta Innovates, Emissions Reduction Alberta, and Sustainable Development Technology Canada, and lists Ki bum Kim as Chief Executive Officer.

Name

waterStrider Treatment

Website

https://waterstrider.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

WaterStrider Treatment is a Vancouver-based company developing a patented ocean wave energy generation device. Its floating, sealed-generator platform converts wave motion into electricity via magnetic arms and cable-tension mechanisms, targeting power utilities and energy providers as customers.

Ownership category

akta.pro rank

Product category

Wave Energy Generation

NAICS

Hydroelectric Power Generation (221111)

SIC

Engines & Turbines (3510)

akta.pro primary industry

Wave Energy Converter (WEC) Power Generation (EUACAJAC)

akta.pro secondary industry

Marine & Hydrokinetic R&D (Tidal, Wave, River Current, OTEC) (EUAMAOAD)

Keywords

• Ocean wave energy
• Wave energy devices
• Marine renewable energy
• Clean electricity generation
• Wave power conversion

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Infrastructure

Distribution channels1 record

Marketing channels1 record

Core offering

WaterStrider is an ocean wave energy generation device that converts ocean wave motion into clean electricity. Its generator is sealed from ocean conditions; wave motion raises and lowers multiple arms whose magnets drive internal sliders connected to one-way cable tension mechanisms that spin a generator. The device is moored to the ocean floor with a cable-tension system that maintains optimal height across tides and sea-level rise and can be pulled beneath the waves during storms.

Differentiator

Problem solved

Functional benefit

Products and services

• WaterStrider Ocean Wave Energy Generation Device A physical ocean wave energy generation device that converts wave motion into clean electricity using sealed generators, magnetic arms, internal sliders, one-way cable tension drives, and a cable-tension ocean-floor mooring system; designed for storm resilience, tidal/sea-level adaptation, and low visual impact near-shore deployment. Targeted at power utilities and energy providers for utility-scale renewable generation.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Direct peers

• CorPower Ocean: Swedish wave energy developer behind the CorPower C4 WEC, a point-absorber wave energy converter aimed at utility-scale ocean energy projects. Directly comparable as a wave energy converter hardware company in the same commercialization stage.
• Eco Wave Power: Sweden/Israel-based company developing near-shore wave energy devices mounted on existing coastal infrastructure. Highly comparable to WaterStrider's nearshore, low-visual-impact design philosophy and is one of the few publicly listed pure-play wave energy developers.
• Minesto: Swedish company developing subsea kite "Deep Green" tidal/wave energy systems that generate electricity from underwater currents and wave motion. Comparable as a marine renewable energy hardware developer with patented, novel-mechanism architecture and EU cleantech backing.
• Ocean Power Technologies: US-listed wave energy company developing floating PowerBuoy devices that convert ocean wave motion into electricity. Directly comparable as a wave-energy hardware developer targeting utility and offshore markets, though at a more advanced and better-capitalized commercialization stage.
• Carnegie Clean Energy: Australia-based developer of the CETO wave energy converter, which uses submerged buoys driven by ocean waves to generate electricity. A direct peer in the wave energy converter space, also targeting utility-scale renewable generation from ocean wave motion.

Emerging players

• Sinn Power: German company developing a modular floating wave energy converter designed for offshore and coastal deployment. Comparable as an early-stage wave energy hardware developer targeting utility-scale renewable generation.
• Wave Swell Energy: Australian developer of an oscillating water column wave energy device designed for shoreline and breakwater installation. Directly comparable low-visual-impact, near-shore design philosophy targeting utility and island-grid customers.
• AWS Ocean Energy: UK-based developer of the Archimedes Waveswing, a submerged wave energy converter. Comparable as a wave energy hardware developer focused on survivability and low visual profile — design priorities that closely mirror WaterStrider's stated differentiators.
• AquaHarmonics: US-based wave energy converter developer focused on point-absorber technology with low-cost, simple mechanical designs. Directly comparable as a North American early-stage wave energy hardware developer.
• Wello Oy: Finnish developer of the Penguin wave energy converter, a rotating-mass device that converts ocean wave motion into electricity. Comparable as a wave-energy hardware company with European cleantech-program backing.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about waterStrider Treatment