THIS COOPERATIVE AGREEMENT IS AWARDED TO AQUANTIS, INC. FOR A PROJECT ENTITLED, “TIDAL POWER TUG”. THIS AWARD IS BEING MADE IN ACCORDANCE WITH FOA NUMBER DE-FOA-0002334 (SHARKS) AND APPLICATION CONTROL NUMBER 2334-1515. AQUANTIS, INC. PROPOSES TO EMPLOY NEW MATERIALS FOR MAJOR STRUCTURAL COMPONENTS AND BLADES THAT BOTH ARE LESS EXPENSIVE THAN CURRENT STATE-OF-THE-ART MATERIALS AND ARE BETTER SUITED FOR SURVIVAL IN A SUBMERGED ENVIRONMENT.