---

Alias: ["QED"]
Tag: ["Energy", "Infrastructure", "Industrial", "Renewable", "ESG", "Investment"]
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]]

---

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```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

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# QED Naval

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```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.
```

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```toc
style: number
```

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### Investment thesis

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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).

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### Risk profile

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<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)

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### News & corporate activity

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#### 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)

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#### Innovation

N/A

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### Further steps

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