Wave Star A/S
The Wave Star vision has been evolving for well over a decade. Sailing enthusiasts Niels and Keld Hansen came up with the concept behind Wave Star in 2000, but the idea originated when they were sailing near their parents’ summer house. They began to talk about how they could harness the powerful forces beneath them. The company purchased the rights to the machine in 2003 after seeing the huge commercial potential of wave energy. The Hansen Brothers remain as consultants at Wave Star while the Clausen brothers, the family behind Danfoss, are now the main shareholders.