Triton Anchor, a subsea innovation company, announced it has been awarded two patents in the United States for its proprietary offshore anchor and subsea deployment tool, with a notice of allowance for the anchor patent also received in Japan.
These newly patented technologies mark a major advancement in enabling low-cost, low-impact deployment of floating wind, solar and wave platforms. They cut capital and installation costs, use smaller vessels, reduce environmental impact and support local jobs through near-site manufacturing.
Unlike legacy anchors that rely on heavy infrastructure and cause significant seabed impact, the Triton Anchor and Triton Anchor Deployment system is an industry-first for floating renewables, using clusters of commercial off the shelf helical anchors combined with a template and skirt. Its fully reusable, modular design is optimized for fast, low-impact installation and removal which provides significant cost savings and environmental benefits to end users.
“These patent awards confirm that our innovative anchoring approach is unique and has long term value to multiple floating industries. Our technology removes key barriers to scaling floating renewables by simplifying project planning, reducing installation costs, and enabling profitable deployment from shallow to ultra deep waters across many emerging markets,” said Nick Ritchie, Triton Anchor CEO. “With further patent filings in process we are confident that this strengthens our position as the anchor of choice for floating offshore wind and other floating renewable energy markets across the world.”
The company is currently exploring strategic investment opportunities to accelerate global commercial l deployment. By 2040, the floating renewable energy market (combining floating wind, floating solar and ocean energies) is projected to need nearly 40,000 anchors globally, which creates a total accessible market to Triton Anchor of £7.2 billion ($8.9 billion) in revenue.
News item from Triton Anchor
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