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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### Investment thesis
 
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
 
<markstyle="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
 
#### Current pipeline
-<markstyle="background:grey">Subhub</mark>: demonstration of ease of maintenance of the turbine (ease of towing in open sea, ease of deploying on production site)
 
#### Innovation
N/A
 
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### Further steps
 
Further steps are captured in the [[VC Tasks|VC task list]]
