Ocean renewable power company, INC. (orpc) new sharks sbir phase III award control number: 2335-1516 title: optimized hydrokinetic systems this competitive cooperative agreement for a research and…

The Department of Energy Advanced Research Projects Agency (ARPA-E) awarded Ocean Renewable Power Company, Inc. (ORPC) a $1.944 million cooperative agreement on May 1, 2026, under the Advanced Research Projects Agency-Energy program (CFDA 81.135) for research and development on optimized hydrokinetic systems.

The award funds ORPC to identify design couplings between subsystems and components to optimize system mass and performance in submarine hydrokinetic and riverine power generation. The project operates under ARPA-E Funding Opportunity Announcement DE-FOA-0002335, the Submarine Hydrokinetic and Riverine Kilo-Megawatt Systems (SHARKS) SBIR/STTR program, with control number 2335-1516.

Performance extends through October 30, 2027, at ORPC's Portland, Maine headquarters. ORPC is a for-profit renewable energy developer focused on marine hydrokinetic and tidal energy systems, receiving research funding exclusively from the Department of Energy ecosystem across ARPA-E and the Office of Energy Efficiency and Renewable Energy.

Ocean renewable power company, INC. (orpc) new sharks sbir phase III award control number: 2335-1516 title: optimized hydrokinetic systems this competitive cooperative agreement for a research and development project entitled, "optimized hydrokinetic systems" is awarded ocean renewable power company, INC. (orpc) under arpa-e FOA number DE-FOA- DE-FOA-0002335(submarine hydrokinetic and riverine kilo-megawatt systems (sharks) sbir/sttr) and control 2335-1516. The purpose of this award is to identify design couplings between subsystems and components to optimize system mass and performance.