The Offshore Wind Innovation Hub announced its selection of the 2024 companies that will receive support to further develop their ideas and advance offshore wind’s potential in New York.
Six companies were selected from a pool of 78 applicants based on the novelty of their solutions that will help propel the United States to the forefront of offshore wind technology.
Launched in January 2023, the Offshore Wind Innovation Hub is led by Equinor in collaboration with Urban Future Lab at NYU Tandon School of Engineering and the National Offshore Wind R&D Consortium (NOWRDC) supported by the New York City Economic Development Corporation (NYCEDC).
The 2024 Offshore Wind Innovation Hub Accelerator Cohort:
- Boxkite Software (Bristol, UK) – Bankable-level accuracy energy yield assessments in minutes to assess site feasibility and design
- Claviate (Aarhus, DK) – Visual data platform enabled by AI cameras for transparency and process optimization of construction management
- Indeximate (Hinckley, UK) – Fiber optic sensing for predictive maintenance of subsea power cables by remotely profiling integrity and condition
- Pliant Energy Systems (Brooklyn, US) – Autonomous underwater vehicle with robotic propulsion technology enabling new seafloor surveying capabilities
- Sensatek (Daytona Beach, US) – Structural health monitoring of turbine blades by using video images where every pixel is a vibration sensor
- Triton Anchor (Boston, US) – Low cost, silently installed, modular foundation installation system allowing for any mooring configuration
The evaluation process to select the six companies was based on rigorous technical interviews and public presentations held on May 15th in Sunset Park, Brooklyn.
The winners will take on a six-month mentoring and business development program residency designed to prepare them for strategic partnerships with major offshore wind developers, suppliers, and the wider offshore wind value chain. The program aims to enable innovators to overcome barriers to adoption and continue to successfully commercialize their solutions in New York and beyond.
In 2024, the Offshore Wind Innovation Hub’s cohort selection process focused on innovations that can improve the project economics of US offshore wind. The evaluation criteria, therefore, emphasized economic impact, including scalability, market traction, and potential local impact of solutions. Cohort companies will be individually paired with knowledgeable Equinor mentors and gain industry-specific guidance on technology development from NOWRDC.
The Offshore Wind Innovation Hub is based in Brooklyn and has a mission to advance an inclusive supply chain and accelerate a green economy. Cohort companies will also benefit from NYCEDC’s extensive involvement in piloting and innovation activities throughout the city. Urban Future Lab and NYU Tandon School of Engineering bring extensive experience in hands-on startup support and a vast network of ecosystem partners. All to support innovators on their journey to scaling up and commercializing climate solutions.
