Company Research Report: Verlume

Company Overview

Name: Verlume

Mission of the Company: To provide subsea power solutions for the energy industry in ways that have never been done before.

Founded: Established in 2013.

Founded By: No explicit information is available.

Key People:

• Richard Knox, Chief Executive Officer

• Jonny Moroney, Chief Operating Officer

• Vivian Gunn, Finance Director

• Gillian Thomson, Head of People

• Robert Heron, Product Manager

Headquarters:

• Davidson House, Aberdeen Innovation Park, Campus One, Bridge of Don, Aberdeen, AB22 8GT

• Kirkton Drive, Raiths Industrial Estate, Dyce, Aberdeen, AB21 0BG

Number of Employees: No information is available.

Revenue: No information is available.

Company Specialization: Verlume is known for its intelligent energy management and power solutions for the subsea energy sector. They are market leaders in intelligent power solutions, focusing on decarbonizing offshore energy infrastructure.

Products

Axonn

• Description: Axonn is an intelligent energy management system designed for decentralised, clean power generation and distributed energy storage in critical infrastructure.

• Key Features:

• Designed for microgrid integration, autonomous operation.

• Power generation and energy storage agnostic.

• Scalable for various power ratings and duty cycles.

• Includes integral communication options and state-of-health reporting.

Charge

• Description: Charge is a customisable, compact rechargeable battery pack for underwater operations, providing safe and reliable power delivery.

• Key Features:

• Fully rechargeable with configurable output and capacity.

• Utilizes Lithium-ion technology and includes a battery management system.

• Offers UN38.3 certification and API 17F on request.

Halo

• Description: Halo is a subsea battery solution designed for reliable power delivery in underwater environments, featuring a modular seabed battery architecture.

• Key Features:

• Fully rechargeable, integrating with marine renewable energy converters.

• Scalable energy capacity and power output.

• Provides zero-emission power systems with real-time energy management.

Recent Developments

Recent Developments in the Company

• Awards: Won the Outstanding SME Award at the Scottish Green Energy Supply Chain Awards on 23 August 2024.

• Collaboration Article: Published an article on solving offshore power delivery challenges through collaboration on 15 August 2024.

• Achievements: Delivered the first commercial Halo, a subsea intelligent energy storage system, as part of a world-first autonomous offshore power sea trial in Hawaii in January 2022.

New Products Launched

• Halo: Launched at Subsea Expo in Aberdeen in February 2019.

New Features Added to Existing Products

• No specific new features were mentioned in the provided data.

New Partnerships

• Collaborative work with J+S Subsea and Viper Innovations on subsea battery-powered control systems for a project offshore in Canada, as discussed in an article on 15 August 2024.

By adhering to the structured template provided and focusing solely on the data given, this report captures crucial details about Verlume, offering a comprehensive yet concise overview of its market presence and activities.