Aqua Power Technologies is developing an innovative, financially feasible, and mechanically sound solution to convert wave energy into electricity. The wave energy converters, designed and fabricated by Aqua Power Technologies, are deployed within the offshore environment, anchored and left to generate energy from the natural power of the waves. The multi-axis nature of the design is its unique selling point and key novel design invention. The structure’s ability to absorb all the forces being applied to it not only increases its power generating potential, but also helps to provide a longer duration in service, due to the lack of stress being applied to the structure.