---

Alias: ["QED"]
Tag: ["Wealth", "Investment", "VC", "Energy", "Infrastructure", "Industrial", "Renewable", "ESG"]
Date: 2021-08-17
DocType: "Investment"
Hierarchy: "NonRoot"
TimeStamp: 2021-08-17
location: [55.951496985714286, -3.202781542857143]
Investment:
 Type: "VC"
 Style: "Growth"
 Stage: "Early"
 Ccy: GBP
Trading:
 PDate: 2021-04-19
 PPrice: 19.22

---

Parent:: [[VC Investments|VC Investment]]

---

&emsp;

```button
name Edit Investment parameters
type command
action MetaEdit: Run MetaEdit
id EditMetaData
```
^button-QEDInvEdit

```button
name Save
type command
action Save current file
id Save
```
^button-QEDInvSave

&emsp;

# QED Naval

&emsp;

```ad-abstract
title: Summary
collapse: open
QED Naval is a turbine manufacturer and maintenance platform for Tidal energy. Based in Edinburgh, they have developped a highly scalable and easy-to-maintain turbine within a very young method of energy production: Tidal.
```

&emsp;

```toc
style: number
```

&emsp;

---

&emsp;

### Investment thesis

&emsp;

Tidal Energy is clean, under-reaearched and under-exploited at present. It is more stable and less cost-intensive than other renewable energy sources as well as less invasive and impactful on the environment.
QED Naval's Unique Selling Point lies in the development of a highly scalable (associated within a park thereof) and easy-to-maintain turbine module (Subhub).

&emsp;

---

&emsp;

### Risk profile

&emsp;

<mark style="background:orange">High risk</mark>
Very early stage of the project in a fast-moving industry. Regulatory and Implementation risks are high whilst funding risk quite low given current round of VC & the securing of a pilot project (TIGER)

&emsp;

---

&emsp;

### News & corporate activity

&emsp;

#### Current pipeline

- <mark style="background:grey">Subhub</mark>: demonstration of ease of maintenance of the turbine (ease of towing in open sea, ease of deploying on production site)

&emsp;

#### Innovation

N/A

&emsp;

---

&emsp;

### Further steps

&emsp;

Further steps are captured in the [[VC Tasks|VC task list]]
&emsp;
&emsp;