Author Archives: admin

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Attend Surf Lakes Investor Information webinar

BANNER

Everything you need to know about Surf Lakes investment opportunity

For investors who love surfing and are interested in learning more about the Surf Lakes investment opportunity, we will be holding a webinar to provide the latest information and answer any questions. Learn about the status of our prototype testing, business model for growth, anticipated commercial locations and the profit potential for investors. All those who attend will also be sent a copy of our latest Information Memorandum, which contains in depth information about Surf Lakes, financials as well as relevant info about investing.

WEBINAR DETAILS:

Time & Date:
Monday 12th Aug 6pm AEST (NZ: 4PM / LONDON: 9AM )

Duration: 
45min presentation followed by 15min Q&A session


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Surf Lakes R&D facility is back in operation!

We are pleased to announce that our full-scale R&D facility in Yeppoon is back in operation. Repairs, upgrades and improvements were completed in late June and since then our engineering team has been undertaking further testing. They are working through a detailed process to refine the machine, systems and software in order to maximise efficiency, which will continue for several months.

Eighteen months ago, we commenced construction of this full-scale prototype in order to test all aspects of our “5 Waves” technology – from construction methods, commissioning process, drive system, CWD (wave machine), through to reef design and wave surf-ability. Using concentric waves for surfing is a totally new technology, therefore our engineering team are following a rigorous testing process.

Although full scale, the Yeppoon R&D facility is a prototype only and is not open to the public. It is being used to work through the design changes and improvements that need to be made, in order to deliver a commercial product to clients. We are also reviewing the wave shape results at different sizes in relation to the current reef bathymetry. This information is being fed back into our Computational Fluid Dynamics (CFD) modelling program in order to make further improvements.

To date the five wave types are breaking with great promise, (whilst not yet perfect). The wave types include Level 1 and 2 fun beach breaks for those starting out, through to Level 4 and 5 waves, which are more challenging for experienced surfers. We have successful run sets of 4 consecutive waves, and achieved wave face heights of 1.8m (6ft). Adjustments to reach 2.4m (8ft) are being made in the coming months.

We anticipate all testing to be completed in late 2019, with the commercial design ready for licensees in early 2020. We are also in negotiations with several potential licensees in various countries, and hope to make announcements relating to these projects in the coming months.

A selection of images from the latest round of testing can be viewed below.

(images by Dany Taylor photography)


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Advantages of Surf Lakes 5 Waves technology

Surf Lakes Director, Reuben Buchanan and Media Director, Wayne Dart talk about the many advantages of Surf Lakes 5 Waves technology

 


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CH7 News – interview

Aaron Trevis talks about plan to build a commercial Surf Lakes 5 Waves facility on the Gold Coast

 


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First Surf Lakes 5 Waves facilities in Australia will be located on the Gold Coast

 

Surf Lakes Holdings Ltd, the company who introduced its 5 Waves artificial wave making technology to the world in 2018, is able to confirm that one of the first commercial or “open to the public” Surf Lakes 5 Waves facilities in Australia will be located on the Gold Coast, Queensland.

Given Robina (Gold Coast, Qld) is Surf Lakes’ “home town”, the company is committed to providing a facility within the Gold Coast region and has been in constant dialogue with local and state government officials with very positive outcomes.

Surf Lakes has been scouring the Gold Coast for suitable land, and at present has selected an appropriate site in a location that is centrally located and easily accessible for residents and tourists.

Newly appointed Surf Lakes Chief Executive Officer, Mal Borgeaud, is genuinely excited at the prospect of bringing Surf Lakes to such a coveted, surf-proud locale and envisions the facility will give great benefit to the community.

“As a company we are tremendously excited to be announcing our commitment to building a facility on the Gold Coast. We have been overwhelmed by the support and encouragement we have received from both Council and the Queensland Government,” said Borgeaud.

“It makes sense, with the Gold Coast being our home town, that we construct a commercial facility here. We know the facility will bring tremendous benefits to the community, not just by providing waves and surf-oriented fun… it will be a boost for employment, tourism and the local economy,” he continued.

“Our aim is to make this site a genuine show piece not only for our technology but for the Gold Coast as well.”

Surf Lakes envisions that construction will begin in late 2019 or early 2020 with a view to opening in the second half of 2020.


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