This presentation outlines a novel on-board device for the supervision and control of operational Hazards in floating Marine Renewable Energy Units. It provides an introduction and background, Ocean Energy Technologies challenges, long-term safety, investor’s confidence, fatal consequences, consultation to stakeholders, perception most relevant risks, perceived benefits, a novel on-board device for floating marine renewable energy units, System architecture, main features, main milestones, product design and customization, commercialization strategy and acknowledgements.