Mo-Sys release Plumstead Power Station statement

Mo-Sys Engineering was working with Greenwich Council for three years, developing plans for Plumstead Power Station to become our new, expanded home and a global Virtual Production hub. 

This exciting regenerative project would have hosted an 8-stage studio facility, with Mo-Sys’ industry-leading Virtual Production technology. Plumstead would also have served as the home for our R&D division, with its 25 years of dedication to Virtual Production innovations for film, broadcast, and business, as well as providing education and training through our Mo-Sys Academy. 

We can confirm that it was revealed to Mo-Sys in August that Greenwich Council were pulling out of the project, and subsequent to a freedom of information request in September, it appeared that the local authority’s matched funding, previously allocated for this redevelopment partnership, was no longer available. Since then, whilst remaining hopeful of a path forward with the Plumstead project, Mo-Sys has also been exploring other opportunities. 

Mo-Sys was surprised and disappointed to learn today that the decision to sell the Plumstead site was passed at the council cabinet meeting yesterday, on the16th of October, 2024. 

Michael Geissler, Mo-Sys CEO, said:

“Greenwich has been our home for seven wonderful years, in which time we have continued to build our business, winning the Best of Royal Greenwich ‘Business of the Year’ Award, 2020, and we would be very sorry to leave Greenwich.

Mo-Sys has been committed to the vision of helping to regenerate the Plumstead area, but we also very much appreciate the fiscal strains that many local authorities are currently facing.

At Mo-Sys we are constantly innovating, working collaboratively with industry partners, and this situation has presented us with a great opportunity to expand our vision for the new

Mo-Sys headquarters. We have been exploring new synergistic partnerships to build a project greater than the one previously envisaged, that can be realised faster. Our new facility will be the Virtual Production Hub for London and beyond, with all the resources for filmmaking, innovation and education, as we continue to grow from strength to strength, driving the Virtual Production industry forward.

We are looking forward to announcing exciting new locations and collaborations in the coming months.”