STOCK TITAN

C-Power bolsters the marine economy by harnessing wave power for remote applications

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Vicor Corporation speaks with C-Power about harnessing ocean wave power for offshore applications
Positive
  • C-Power's solutions meet the global demand to decarbonize energy production
  • C-Power's autonomous offshore power systems power remote marine projects
  • C-Power's plans to unleash zero-carbon energy for electric grids
Negative
  • None.

Vicor’s Powering Innovation podcast examines how a global leader in ocean wave energy systems is powering offshore applications using power modules

ANDOVER, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Vicor Corporation, the leader in high‑performance power modules, speaks with C-Power, a global leader in ocean wave energy systems, about how they harness and store wave power. An idea that began as a graduate project at Oregon State University has matured into a ground-breaking renewable energy power solution for offshore applications that support the fast-growing New Blue Economy.

C-Power’s solutions meet the global demand to decarbonize energy production by converting ocean waves into usable forms of energy, while also enabling data transmission to and from the cloud. The electricity harnessed by C-Power’s autonomous offshore power systems (AOPS) powers remote marine projects and is an integral part to the company’s plans to unleash the next wave of zero-carbon energy for terrestrial electric grids and remote offshore mini-grids.

The Vicor Powering Innovation podcast is available to download from all major podcast providers, including Spotify, Apple Music and Google Podcasts. Listeners can learn about today’s toughest power challenges, new ideas in electrification, creative power architectures and real-life power design challenges.

About Vicor

Vicor is the leader in high-performance power modules, enabling customer innovation with easy-to-deploy modular power system solutions for power delivery networks that provide the highest density and efficiency from source to point-of-load. We continuously advance the density, efficiency and power delivery capabilities of our power modules by staying on the forefront of distribution architectures, conversion topologies and packaging technology. Vicor serves customers in enterprise and high-performance computing, industrial equipment and automation, robotics, UAVs, electric vehicles and transportation, satellites, and aerospace and defense.

www.vicorpower.com

About C-Power

C-Power’s solutions for lower-power needs change the ocean from a power desert into a power- and data-enriched environment, reducing operational costs, carbon, and complexity for offshore, island, and coastal applications. The systems are easy to transport and deployable anywhere in the world, unlocking innovation in critical industries such as offshore energy, defense and security, aquaculture, science and research, and communications. C-Power’s solutions for higher-power needs will unleash the next wave of zero-carbon energy for terrestrial electric grids and remote onshore or offshore minigrids.

For further information:

Stephen Germino
sgermino@vicr.com
978 749-8243

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1c360780-3191-4f44-a09c-a812e58b8778


FAQ

What is Vicor Corporation?

Vicor Corporation is the leader in high-performance power modules.

Who is C-Power?

C-Power is a global leader in ocean wave energy systems.

What is the New Blue Economy?

The New Blue Economy refers to the fast-growing sector focused on sustainable ocean-based industries.

What is C-Power's solution?

C-Power converts ocean waves into usable forms of energy for offshore applications.

How can I listen to the Vicor Powering Innovation podcast?

The podcast is available on major platforms like Spotify, Apple Music, and Google Podcasts.

Vicor Corporation

NASDAQ:VICR

VICR Rankings

VICR Latest News

VICR Stock Data

1.50B
22.79M
30.33%
62.3%
3.4%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
ANDOVER

About VICR

headquartered in andover massachusetts, vicor designs, manufactures and markets innovative, high performance modular power components, from bricks to semiconductor-centric solutions, to enable customers to efficiently convert and manage power from the wall plug to the point-of-load. complementing an extensive portfolio of patented innovations in power conversion and power distribution with significant application development expertise, vicor offers comprehensive product lines addressing a broad range of power conversion and management requirements across all power distribution architectures, including cpa, dpa, iba, fpa™ and cba. vicor focuses on solutions for performance-critical applications in the following markets: enterprise and high performance computing, telecommunications and network infrastructure, industrial equipment and automation, vehicles and transportation and aerospace and defense electronics. www.vicorpower.com