Announcements

Atlantis Resources Corporation (“Atlantis”), one of the world’s leading developers of electricity-generating tidal current turbines, unveiled the largest and most powerful tidal power turbine ever built, the AK1000™, yesterday at Invergordon, Scotland. The AK1000™ is due for installation at a dedicated berth at the European Marine Energy Centre (“EMEC”), located in Orkney, Scotland later this…

Atlantis Resources Corporation (”Atlantis”), one of the world’s leading developers of electricity-generating tidal current turbines, has completed a US$14 million fundraising and welcomes Statkraft, Europe’s largest generator of renewable energy, as a new partner and lead investor in the fundraising.  Statkraft joins existing Atlantis shareholders which include Morgan Stanley. Kim Manley, Executive Chairman of Atlantis…

Atlantis Resources Corporation (”Atlantis”), one of the world’s leading developers of electricity-generating tidal current turbines, has entered into a cooperation agreement with Statkraft, Europe’s largest generator of renewable energy. Atlantis will work with the Norwegian based power company to develop tidal current electricity generation projects in Europe. This agreement represents a significant step forward in…

Commercial launch of 2MW Solon™ turbines expected in summer 2009 Atlantis Resources Corporation (”Atlantis” or “the Company”), one of the world’s leading developers and manufacturers of electricity-generating tidal current turbines, today announced that it has successfully completed trials of its Solon™ tidal current turbine. Atlantis has previously conducted numerous successful trials of its Nereus™ family…

In Greek mythology, Atlantis is the name of the legendary island that was a naval power that conquered many parts of Western Europe and Africa 9,000 years before the time of Solon, or approximately 9600 BC.  The story of the Isle of Atlantis first occurs in Plato’s two dialogues the “Timaeus” and the “Critias.” Plato’s…