Under
the
terms
of
the
purchase
agreement
with
Marine
Innovation
&
Technology
(MI&T),
WindFloat
co-inventor
Dominique
Roddier
joins
Principle
Power
as
chief
technology
officer.
The
IP
purchase
follows
on
from
a
June
2007
worldwide
exclusive
license
agreement
to
WindFloat
IP
between
Principle
Power
and
MI&T.
The
WindFloat
has
been
in
development
for
six
years,
including
numerical
modeling,
stress
and
fatigue
analysis,
as
well
as
multiple
wave
tank
testing
campaigns.
Roddier,
a
naval
architect,
was
a
co-founder
of
California-based
MI&T
and
worked
in
the
offshore
division
of
ExxonMobil’s
upstream
research
company.
“Dominique
is
a
true…
