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INVESTORS · FROM THE PITCH DECK

Business Model & Financial Projections

High-margin revenue for EPIC and P&A services.

Request the investor brief See the capital ask

The financial case

Projected economics across the first five years of the platform pipeline.

$620M
EPIC + P&A revenue · 20% gross margin
$1–2M
Operator royalty payments · billions in deferred decommissioning
$58M
Year 5 EBITDA · 18% EBITDA margin on $320M rev
$288M–$576M
Year 5 exit valuation · 5–10x EBITDA multiple

Attractive features: (1) Patent protected methodology (2) proven technology and team (3) solves AI data center challenges of power & water (4) solves the decom dilemma by incentivizing well P&A while deferring costly removals (5) can be heavily debt weighted with low-interest, government-backed loans.

Investor ask & capital strategy

~$10.5–12M total capital provides proof of concept that unlocks scalable, project-financed EPIC & P&A projects to achieve 5x EBITDA of $288M in 5 years.

SEED
$3.5–4.0M · Q3 2026 – Q1 2027
Engineering
Use of Funds:
  • Team buildout
  • IP protection
  • BOEM pre-application engagement
  • Barge engineering
  • Shipyard selection
  • First client LOI pursuit
  • First platform LOI (O&G operator)
Houston energy angels · Greentown Labs · Chevron Tech Ventures · DOE SBIR
SERIES A
$7.0–8.0M · Q2 2027 – Q1 2028
Barge Conversion
Use of Funds:
  • Barge acquisition, retrofit & commissioning
  • Platform 1 selection
  • Umbilical & fiber cable design & contract
  • Subsea DC & gen selection
  • Client proposals submitted
Quantum Energy Partners · a16z · Energy Impact Partners · Breakthrough Energy Ventures

Go-to-market: channels & partners

Direct enterprise sales to C-suite, backed by strategic partnerships that unlock both platform supply and data center demand.

Direct Enterprise Sales
CEO-direct outreach to existing network of SVP/VPs at hyperscalers and AI Neoclouds at Microsoft, Google, AWS, and others.
O&G Platform Partners
Prioritized 204 platforms owned/operated by Nugulf, Cantium, GOM Shelf, Huber, Array, W&T, XOM, Arena, Apache, CVX, Greyhound, and others. Pitch: ARO deferral + royalty income converts a $50M+ balance sheet liability into a revenue line.
Marine Contractors & Shipyards
Steve previously worked at or knows well Technip Energies, Subsea 7, McDermott, Oceaneering, Nexans, Gulf Copper, etc. SDC is experienced in project management for marine infrastructure and subsea installation support.
Umbilicals, Fiber & Telecom
Lumen Technologies, SubCom, TE SubCom, Nokia Marine Networks. Shore-to-platform fiber cable design and lay, prioritizing existing submarine cable routes for speed and cost. SDC has 20 years of experience in pipe & cable lay.
DC Equipment OEMs
SubseaCloud DC, Dell, HPE, Supermicro (servers); nVent, Vertiv (subsea enclosures); Schneider Electric (PDUs); Solar Turbines. Preferred procurement agreements reduce cost and lead time per project.
U.S. Government
BOEM/BSEE know SDC's executives and can streamline permitting under the AI national security mandate, providing alternative use permits. Potential play for a DOE LPO loan, ARPA-E / SBIR / DOE non-dilutive R&D funding.

Competitive landscape & SDC's moat

SDC's patent and team of offshore expertise create a durable advantage no current or emerging competitor can match.

CompetitionApproachTheir LimitationSDC's Advantage
Land-Based Data CentersTraditional onshore buildExcessive cooling costs, low access to water, land, & power; public backlashSDC eliminates ALL four constraints
Offshore Data Centers on Platforms (e.g. Koromas)Vessel crane-deployed DCs onto offshore platformsNot commercial; no scale; no track record; all the costliest parts of offshore without the benefitsSDC operations and decom expertise; leverages 0 WUE for cooling
HLV-Installed Subsea Data CentersCrane vessel and dive vessel install in single componentsNo proprietary install method; no access to HLVs; expensive ~$300–500k/day; one-at-a-time deployments; expensive to recover for maintenanceSuperior patented methodology; cost & safety advantage; no need for expensive vessels
Patent Protected
Submersible barge deployment method is patented — competitors must license or use a 5–10x more expensive alternative.
Integrated Team
Only company combining offshore ops, decommissioning engineering, naval architecture, with regulatory relationships and a startup record.
Platform Network
Existing O&G operator relationships mean preferred access to 1,400 Gulf of Mexico platforms — cold-start competitors can't replicate this.

Leadership team

Deep expertise in every critical discipline — offshore operations, decommissioning, naval architecture, finance, and government affairs.

CEO
Chief Executive Officer · PE, MBA
Founder & lead inventor on SDC's U.S. patent. Leads strategy, BD, and project management & structural engineering.
COO
Chief Operating Officer · CSP
35+ yrs offshore operations. BSEE/BOEM regulatory interface, marine coordination, and HSEQ management.
CNA
Chief Naval Architect · PE, MBA
Designs SDC's submersible barge fleet: stability, ballast systems, marine transport, and regulatory compliance.
CFO
Chief Financial Officer · CPA
Capital raise execution, investor relations, DOE loan guarantee applications, cost control, accounting and financial reporting.