L3 Technologies To Acquire Open Water Power
Published on by Water Network Research, Official research team of The Water Network in Business
Defense and technology company L3 Technologies (LLL) has announced the acquisition of undersea power company Open Water Power for an undisclosed amount.
Rates of reactant consumption and product generation per Watt of electrical power output.
Open Water has created high-energy-density undersea power generation for unmanned underwater vehicles.
The deal is part of an ongoing push by L3 to acquire UUV technologies for military and commercial use.
Target Company
Somerville, Massachusetts-based Open Water was founded in 2013 to develop reliable undersea power using a patented technology.
Management is headed by co-founder and CEO Thomas Milnes and CSO Ian McKay, also a co-founder of the company.
Below is a diagram showing how the company uses water combined with an activate aluminum anode and a hydrogen-evolving cathode to create energy:
(Source: Open Water Power)
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