Atlas Ocean Systems refines system and works on business plan

January was an exciting month. We completed our 1:20th build plan and submitted it to the DoE. This activity was very educational and involved as we strove to create a 1:20th system that would demonstrate key concepts and generate data that will help finalize the control laws and design of the full scale commercial system. We planned for the multiple engineering challenges that the scale presents to allow our ballasting and bag systems to be fully controllable as they will be in full scale as well as accurate measurement and testing of the pneumatic systems. We also met with welding and machining shops to understand the construction methodology that will best suit the 1:20th needs. We are very pleased that the 1:20th turns out to be large enough to validate our pneumatic flexible systems using the same construction methodology as the full scale. This provides us with a surprise opportunity for early risk reduction!

In parallel we continued to run analysis to help refine the necessary spread of ballast and bag control authority in support of the 1:20th design. We have run nearly 20,000 individual cases to generate our response functions!

The remainder of our time has been dedicated to investor relations and business planning. We were privileged to present at multiple investment group meetings and have had extremely positive feedback. Along the way we have gained a handful of extremely valuable advisers that are helping us understand all that we need to do to be a successful investment candidate. We have had very good discussions with Naval Architects, testing facilities, turbine manufacturers, and ship yards. We continue to work to assembly the full scale development team and financing.

As always our best wishes to all the competitors, March 1st is fast approaching!