Our Mission
We are doing for renewable energy what Nikola Tesla did for the fractional horsepower engine and Apple and Microsoft did for the personal computer. By decentralising and innovating, they enabled us all to access its benefits.
Our mission is to do the same for energy – so that you too can harness the energy that sorrounds you.
A VERY CENTRALISED PROBLEM
Although trillions of dollars have been poured into renewables, fossil fuels still account for more than 80% of global energy production. But, in the UK alone, solar farms face waits of 10-15 years to secure grid connections and start producing power – and there is no way today’s grid could handle a fully renewable economy.
The reason, just like at the dawn of engine power or computing, is that technology is only available at very large scales. It has been shown that only when you decentralise can you truly scale. That is why our mission is to scatter energy production, first at the community level and then individually. If, in doing so, we can unlock all the renewable energy sources nature has to offer, we might actually see net zero within our lifetimes.
Large engines and mainframes’ natural evolutionary phase was the fractional horsepower engine and the personal computer. For energy, the next phase is AEON.
WHY AEON
With so many names to choose from, why did we go with AEON?
The lesser-known brother of Chronos, Aeon was the Greek god of time. Unlike its brother, who signified linear time (e.g. past, present, and future) Aeon stood for perpetual, unbonded and cyclic time (e.g. sunrise/sunset and high/low tide). Later, during the Roman Empire, its name was changed to Aeternitas or, as we know it today, Eternity.
The best energy sources are just like this – cyclic and eternal. And our mission is to give you the tools to harness them.
Our Story (so far)
01.
The problem
While at Imperial College London, Martim (AEON’s Founder and CEO) saw first-hand the disproportional impact that small island developing states suffered from relying on diesel generators to provide over 95% of their energy supply.
02.
The idea
A few months later, looking at some seaweed floating in the ocean in his hometown in the south of Portugal, he had a thought. Seaweed is responsible for more carbon fixation than the whole Amazon rainforest. It converts photons into usable energy, but it does not take up a square foot of land. If we could apply the same principle to our grids, we might be able to scale renewable energy in a way never seen before.
03.
The solution
It’s tough to start a company. It is even more difficult to do so on a student budget. So, Martim recruited a few Imperial graduate students to work on this as an interesting engineering challenge. In the meantime, he worked at a bar to save enough money for a first proof of concept. In a few months, the prototype – nicknamed the Manta – was born at the Imperial College Hackspace.
04.
The opportunity
Using this prototype, the team was able to apply to the Innovate UK’s Energy Catalyst Program which funds UK businesses to develop and deploy innovative energy solutions in the countries that need them the most. In a competitive process with over 10,000 applications, AEON’s technology was chosen for the proposed pilot installation on a remote island in the Maldives. Match funding was then raised from a group of private investors led by SFC Capital.
05.
The growth
At this point, AEON transitioned to a full-time team. Luckily, we were able to recruit extremely talented engineers and advisors who understand our mission and are ready to give their full contribution to a fast and equitable energy transition. The technology was then rigorously tested and refined over more than 17 iterations, culminating with our scaled testing at the COAST Lab with the support of the University of Plymouth.
06.
The execution
After validating the technology, we established a presence in China, where we set up a complete supply chain distributed throughout the country and centred around Shenzhen – China’s technology capital. From there, we manufacture and source the majority of our components and ship them directly all over the world.
07.
The Future
Maldives, Fiji and Singapore are just our first steps in our journey, but we won’t stop until we help the world achieve self sufficiency through renewable energy – and we will not leave anyone behind.
We are just getting started and if you’d like to join us in our mission to decentralise energy and push for a clean energy future, follow us on LinkedIn.
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More from Aeon
our mission
AEON aims to decentralise energy production by empowering community and individual-level renewable sources, paving the way for a net-zero future.
Our PRODUCTS
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Get in touch
For investment opportunities or project inquiries, please reach out to us to explore how we can collaborate on advancing sustainable energy solutions.