Lainergy is developing a mobile ocean wave energy converter, a way to give mankind an access to the ocean's untapped energy. The idea of the project is to create a wave energy converter with a power output comparable to an off-shore wind turbine, but tapping a different energy source. The development of renewable energy, through the power of wind and sun, is one of Estonia's current priorities, but the potential of the sea and its waves remains unused. Based on earlier researches, we have come up with a new method for extracting energy from waves, the power output of which is three times greater than currently existing alternatives. Our mission is to place Estonia at the forefront of the next wave of renewable energy.