Wave Swell Energy Limited (WSE), an unlisted public company, has been registered with the Australian Securities and Investment Commission (ASIC) to commercialize a new and innovative form of oscillating water column (OWC) technology. The technology is based on the concept of a unidirectional OWC, the first such case in the world. Tests at the Australian Maritime College (AMC) in Launceston have confirmed the unidirectional OWC converts more energy from the waves than traditional bidirectional versions. The company is looking forward to demonstrating the positive results of this innovation.