The present study aims at establishing the design procedure of regenerative pumps. It is based on the new momentum exchange theory proposed in Yoo, Park and Chung. Salient feature of the present design procedure is that it does not require input of any kinds of empirical design data. Using the design procedure, a prototype regenerative pump has been designed and manufactured to confirm its validity. Comparison between the predicted performance and the experimental measurement reveals that the prototype pump has its maximum efficiency at the design flow rate and that the proposed performance analysis method satisfactorily predicts the machine performance.