NEWBURYPORT — A local startup company that is attempting to turn the power of waves into energy is considering launching its first pilot project this summer in Nantucket.
Resolute Marine Energy, located at the Clean Tech Center in Newburyport, yesterday hosted several state officials to demonstrate its technology.
Those present included Jeffrey Simon, director of the Massachusetts Recovery and Reinvestment Office.
RME officials said they have benefited from a $1 million grant through the Department of Energy.
P. William Staby, founder and CEO of the young firm, said the company has hired 10 full- and part-time employees and has purchased goods from close to two dozen companies in Massachusetts as it moves forward in developing what it calls its wave-energy converter (WEC) prototype.
Staby said that his team is still gathering data to prove that its technology has commercial value, and he indicated that a successful deployment would involve capturing energy from waves and transmitting it to homes and/or a community nearby.
Staby said that the first "live" trials could take place this summer.
Nantucket has tentatively been chosen, in part because the UMass — Dartmouth, is providing logistical assistance for research, he said.
"We're pleased the way our research has been going, and we are developing this so it has a commercial use," Staby said.
"This is capturing the energy of the waves, and there is a great potential here," he added.
RME's million-dollar grant is helping the company conduct research activities designed to verify and optimize the performance of its patent-pending SurgeWEC technology.
RME recently announced it had successfully completed limited trials of its prototype on the coast of North Carolina. That state was chosen in part because research authorities there provided logistical support.
RME officials say their prototype is "a near-shore, surge-type wave energy converter that is mounted on the sea floor just outside the surf zone and captures energy from waves that pass overhead."