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Atargis Energy Corporation

atargis.com ↗

Developer of a fully submerged, lift-based wave energy converter (CycWEC) that uses real-time feedback control to convert ocean wave motion into grid-ready electricity, aiming for megawatt-scale output at costs competitive with established renewables

Marine/Wave Energy
Funding
$850K (grant/seed, unverified beyond PitchBook aggregation)
Stage
R&D / Pilot
HQ
Pueblo, CO
Founded
2010

The Current Angle

Spun out of U.S. Air Force Academy research in 2010 — a landlocked Pueblo company is one of the more credentialed wave energy developers in the country, and just picked up a 2023 Colorado Cleantech 'Emerging Cleantech Company' award plus an OEDIT Advanced Industries Accelerator grant

Leadership

  • SS
    Stefan SiegelCTO & Founder
  • ME
    Michael EganCEO

Links

Snapshot

Target customer
Coastal utilities/grid operators (future), currently grant-funded R&D

HQ location

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Last updated September 2026Sources: [1][2][3][4]