Encomara
Encomara is a UK-based floating offshore wind technology company that has developed SQUID, a patented universal subsea quick-connect interface enabling pre-installation of moorings and power cables for floating wind turbines, serving floating offshore wind developers and operators globally.
- Company typePrivate
- Founded2022
- HeadquartersAberdeen, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Encomara does
Encomara is a UK-based specialist in floating offshore wind technology, founded in 2022 and headquartered in Aberdeen, Scotland. The company develops and commercialises SQUID (Subsea Quick-Unique Interface Device), a patented universal quick-connect subsea system that integrates mooring lines, power cables, connectors, and anchor interfaces into a single suspended mid-water unit. SQUID enables 100% pre-installation and pre-commissioning of all marine hardware prior to floating offshore wind turbine (FOWT) arrival, supporting rapid 'Plug to Power' (P2P) connection at installation and 'Tow to Port' (T2P) continuity across operational, re-power, and decommissioning phases. The technology is designed to be hull-agnostic and is claimed to deliver a 50% reduction in installation time, 42% more FOWT installations per season, and approximately GBP 1 billion in savings per GW for developers.
The company operates a B2B enterprise model targeting floating offshore wind project developers and operators, with revenue streams from SQUID hardware sales, technology licensing, and strategic consultancy/advisory services for offshore energy projects. Following the June 2025 acquisition by Aurora Energy Services, Encomara leverages Aurora's fabrication facility in Huntly for manufacturing and subsea engineering manpower for delivery, while operating under the Encomara brand with its own product identity. The company has secured ABS Approval in Principle (November 2025) and Product Design Assessment (June 2026), positioning it for international commercial deployment, with onshore qualification testing and inshore wet testing scheduled at Aurora's Huntly and Ardersier facilities respectively during 2026.
Encomara firmographics
Firmographics- Name
- Encomara
- Legal name
- Encomara
- Website
- https://encomara.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Encomara is a UK-based floating offshore wind technology company that has developed SQUID, a patented universal subsea quick-connect interface enabling pre-installation of moorings and power cables for floating wind turbines, serving floating offshore wind developers and operators globally.
- Ownership category
- akta.pro rank
Encomara industry classification
Industry- Product category
- Floating Offshore Wind Subsea Equipment
- NAICS
- Ship Building and Repairing (336611), Ship and Boat Building (33661)
- SIC
- Engines & Turbines (3510)
- akta.pro primary industry
- Offshore Wind Substructures & Marine Engineering (Monopiles, Jackets, Floating) (EUAMACAE)
- akta.pro secondary industry
- Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI)
Keywords
Where Encomara is headquartered
LocationHeadquarters
- HQ city
- Aberdeen
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Encomara business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations
Revenue model
- SQUID Hardware Sales: Sale of the patented SQUID subsea quick-connect mooring and cable management system to floating offshore wind developers. The system is manufactured by Aurora Energy Services and sold as a hardware product integrated into floating wind project deployment.
- Technology Licensing: Licensing of the patented SQUID technology and associated intellectual property to developers and partners in the floating offshore wind sector.
- Strategic Consultancy & Advisory Services: Advisory services spanning equipment, asset development, project execution, engineering, and market knowledge across exploration, subsea, marine, fixed and floating wind sectors, supporting multiple projects in the energy sector.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Encomara product offering
Product offeringCore offering
Encomara designs, develops, and commercialises the patented SQUID (Subsea Quick-Unique Interface Device), a universal quick-connect subsea mooring and power cable interface for floating offshore wind turbines (FOWTs). The system enables pre-installation and pre-commissioning of all marine hardware, providing 'Plug to Power' (P2P) and 'Tow to Port' (T2P) capabilities that drastically reduce installation CAPEX, duration, and operational costs for floating wind projects. The company also provides Strategic Consultancy & Advisory Services covering equipment, asset development, project execution, engineering, and market knowledge across offshore energy sectors.
Product overview
Encomara offers a unified portfolio consisting of its core SQUID product—a patented mooring and cable management system for floating offshore wind turbines—and associated Strategic Consultancy & Advisory Services. The SQUID system enables pre-installation of mooring lines and electrical connections in a single subsea unit, dramatically reducing installation time and costs. The consultancy services complement the product by providing multi-discipline teams and project delivery expertise across the energy sector.
Differentiator
Problem solved
Functional benefit
Products and services
- SQUID (Subsea Quick-Unique Interface Device) A patented universal quick-connect mooring and power cable interface system for floating offshore wind turbines that integrates power cables, connectors, mooring lines, and anchor interfaces into a single suspended mid-water unit. Enables pre-installation and pre-commissioning of all marine hardware for rapid 'Plug to Power' connection and 'Tow to Port' capability, drastically reducing direct CAPEX and installation duration. Designed for floating offshore wind developers and operators.
- Strategic Consultancy & Advisory Services Expert advisory services for offshore systems and moorings, supporting project execution across the energy sector with expertise spanning exploration, subsea, marine, fixed and floating wind. Includes project execution strategy, interface challenge resolution, scheduling and costing, weather and risk analysis, due diligence, and vessel and equipment assessment. Targeted at offshore energy project sponsors, investors, and developers.
Quantifiable outcome
- 42% more FOWTs installed per season
- +6 more outcomes
Companies that use Encomara
Customer profileSegments2 records
Ideal customer profiles2 records
Encomara technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Encomara partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Aurora Energy ServicescoreAurora Energy Services acquired Encomara in June 2025 as a strategic move to advance its offshore wind capabilities. The acquisition combines Encomara's patented SQUID mooring connection system with Aurora's fabrication, subsea engineering, technical manpower, inspection, integrity, and specialist access services. Aurora provides the manufacturing platform (fabrication facilities in Huntly) while Encomara provides the innovative technology and expertise. This positions the combined entity uniquely in the offshore wind market.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Encomara competitors and assessment
Company assessmentBroad incumbents
- SBM Offshore: Established offshore engineering incumbent (floating production systems from oil and gas now extending to floating wind). Brings capital, fabrication scale and developer relationships that could crowd out specialist FOWT interface providers.
- Subsea 7: Global subsea installation contractor with offshore wind activities. Provides comparable marine and subsea engineering capacity that could be redirected into FOWT mooring/cable interface solutions.
- Aker Solutions: Large subsea/oil-and-gas engineering house now positioning in floating wind. Comparable mooring and subsea engineering capabilities and access to major offshore wind developers (e.g., Hywind portfolio).
Direct peers
- Hexicon: Direct peer developing twin-turbine floating wind foundations. Targets the same floating wind developer segment with comparable project-execution and pre-commercial commercialisation profile.
- InterMoor (Acteon): Direct peer providing mooring systems, anchors and installation services for offshore floating structures. Most comparable mooring/cable-adjacent capability set to SQUID, with established relationships to major offshore developers.
- Delmar Systems: Direct peer providing mooring and anchoring systems for offshore floating structures, including floating wind. Comparable mooring engineering offering to a key element of SQUID's pre-installation capability.
- Principle Power: Direct peer in floating offshore wind foundations (WindFloat). Both companies develop enabling technology for floating wind turbine deployment and target the same developer customer base with project-specific integration solutions.
- Stiesdal: Direct peer developing floating wind platforms (TetraSpar) and offshore wind enabling technologies. Comparable in being an innovation-led, partnership-driven company addressing FOWT commercialisation challenges.
- BW Ideol: Direct peer with floating wind foundation technology (barge/damping pool designs). Competes in the same FOWT enabling-technology space and serves overlapping European and Asian floating wind developers.
- Vryhof (Bridon-Bekaert): Direct peer in offshore mooring and anchoring systems. Comparable offering to the mooring half of Encomara's SQUID value proposition, with established presence in floating wind mooring supply chains.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Encomara social profiles
Digital presenceEncomara financial estimates
Financial estimateRevenue estimate
Valuation estimate
Encomara leadership team
Management profileNumber of profiles
Profiles4 records
Encomara funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Encomara M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Encomara
What does Encomara do?
Encomara designs, develops, and commercialises the patented SQUID (Subsea Quick-Unique Interface Device), a universal quick-connect subsea mooring and power cable interface for floating offshore wind turbines (FOWTs). The system enables pre-installation and pre-commissioning of all marine hardware, providing 'Plug to Power' (P2P) and 'Tow to Port' (T2P) capabilities that drastically reduce installation CAPEX, duration, and operational costs for floating wind projects. The company also provides Strategic Consultancy & Advisory Services covering equipment, asset development, project execution, engineering, and market knowledge across offshore energy sectors.
Is Encomara a public or private company?
Encomara is a private company. It is classified as corporate owned and is currently operating.
When was Encomara founded?
Encomara was founded in 2022. It employs 1 to 10 people.
Where is Encomara based?
Encomara is headquartered in Aberdeen, United Kingdom, in the Europe region.
How does Encomara make money?
Three revenue lines are on record. SQUID Hardware Sales are the primary driver. The others are technology Licensing and strategic Consultancy & Advisory Services.
Who are Encomara's main competitors?
Broad incumbents on record are SBM Offshore, Subsea 7 and Aker Solutions. Direct peers are Hexicon, InterMoor (Acteon), Delmar Systems, Principle Power, Stiesdal, BW Ideol and Vryhof (Bridon-Bekaert).
Does Encomara have an API?
No public API is recorded for Encomara.
What industry is Encomara in?
Encomara's product category is Floating Offshore Wind Subsea Equipment. Its primary akta.pro industry code is EUAMACAE, Offshore Wind Substructures & Marine Engineering (Monopiles, Jackets, Floating), with a secondary code of EUAMAFAI, Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support). Its NAICS code is 336611 and its SIC code is 3510.