Wavebob,an Irish company seeking to produce electricity from the action of ocean waves, is setting up its American offices in Annapolis, Gov. Martin O?Malley announced Tuesday.
“North America was an important market for us,” said Derek Robertson, a U.S. Naval Academy graduate who is the company?s director for the Americas. Maryland has “some unique capabilities that have not been fully exploited,” particularly the mix of public and private universities and federal labs that could aid in the continued development of the product, Robertson said.
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