The document summarizes a joint project between Wave Dragon and Seaweed Energy Solutions to develop a combined wave energy converter farm and seaweed cultivation operation in Wales, UK. The consortium involves Wave Dragon, which develops wave energy technology, Seaweed Energy Solutions, a seaweed innovation company, and the Bellona Foundation, a non-profit environmental organization. The project aims to establish a 1 MW wave farm paired with an initial 80 tonne per year seaweed farm, and expand to larger commercial scale operations co-locating 45 Wave Dragon converters generating 180 MW paired with a 20,000 tonne per year seaweed farm. The combined operation is estimated to have significantly lower costs than individual wave or seaweed farms alone.