Report – May 30, 2010

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The first four months of 2010 have witnessed a period of intense activity. This has involved further tank tests, utilising the sophisticated facilities available at Strathclyde University, Glasgow.

The device underwent a series of tests designed to assess the fatigue life of Anaconda when deployed. These tests have now been completed and finalised today. The next few weeks will be spent collating all the data gathered and this will then be passed to Messrs Black and Veatch – the international consulting engineers that Checkmate Seaenergy and Carbon Trust have chosen to conduct a fully independent review of the technology in preparation for an approach to prospective investors.

Carbon Trust, the UK Government’s renewable energy agency continues to be supportive in all aspects of the project going forward.

We were delighted to note that when interviewed by a British national newspaper recently, Sir James Dyson – the noted inventor and entrepreneur – named the Anaconda device as being one of his four great innovations in Britain today. A copy of the article is available on our media page.

Following on from the presentation made in Washington DC at the Economist Carbon Summit in November 2009, there has been a great deal of interest in the device from North America. Checkmate Seaenergy was delighted by an approach from Bloomberg TV and then a visit from a film crew who wanted to follow Checkmate Seaenergy’s progress to date for the Bloomberg TV series New Energy Pioneers. It is being broadcast in the USA at 9.00 p.m. and 11.00 p.m. (ET) on Thursday May 13 and repeated on Friday May 14. It is also possible to see the show on the Bloomberg website under Innovators, Episode 5 New Energy Pioneers. The link is

Checkmate Seaenergy expects to conduct the first round of fundraising during the Summer of 2010 and more information on this will be made available on the website in June.

In the meantime development and manufacture of the quarter scale and quarter-size devices continues with a view to deploying these devices in the ocean for trials at the earliest possible opportunity.

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