![]() ![]() With Navier, the goal is to free our oceans and lakes from fossil fuel pollutants while delivering a luxury- and performance-based boating experience. “We’re rethinking the boat from the ground up-with software at the core-enabling us to deliver a vessel that is highly differentiated on customer experience and performance (efficiency). from MIT in robotics and formerly an aerospace engineer. “It is important to understand this boat functions and operates more like an airplane,” said Navier Co-founder & CEO, Sampriti Bhattacharyya, a Ph.D. Still, Navier says it has developed a platform that will alter the unit economics, convenience, and comfort of small marine vessels, unlocking a new form of scalable, waterborne transportation for congested coastal cities where 46% of our population resides. Among them are that the N30 is the world’s longest range 100% electric boat the boat is ten times more efficient than traditional gasoline boats thanks to its electric hydrofoiling technology and it is the first electric boat with compelling range, utility, and luxury combined. Navier makes some bold claims for the boat. ![]() It has raised over $10 million in seed funding from not only Brin but also NextView Ventures, retired NFL superstar Joe Montana’s Liquid 2 Ventures, GFC(Global Founders Capital), and Primavera Capital-one of the largest China-based funds focused on climate. Initially launching in the recreational vessel market, the bigger mission of the company is to unlock waterways, moving into water taxis and beyond while aiming to decrease emissions and optimize the world’s waterways. According to Navier, no other EV company-for land, air, and water-has gone from sketch to production molds in a year timeline and has gotten to a production-ready state in its seed stage. The N30 is a bigger 30-ft variant of the previously announced 27-ft concept built by Lyman-Morse (see Futurride‘s coverage here). “So if that can be made seamless and automated, it’s a huge deal.Navier, the Silicon Valley-based startup developing electric hydrofoiling boats backed by Google Cofounder Sergey Brin, officially “took flight” with its N30 over the weekend during Art Basel in Miami, making it the first commercially available electric hydrofoiling boat in America. “There’s an intimidation factor with boating and a lot of the intimidation factor you hear from consumers is with docking,” said Swartz, the Truist analyst. But since most recreational boaters like piloting their own boats - and most ferry passengers likely prefer a human captain at the helm - the self-driving innovation is focused on what happens at the marina. Many of the companies developing electric boat propulsion also have teams working on making these vehicles more autonomous. And instead of running on fixed schedules with empty seats, the smaller electric vehicles might be able to be summoned on demand such as how Uber or Lyft work on land. “They need something like 220 of these (electric) vessels to replace the current fleet,” Hasselskog said. Hasselskog said the same technology powering Candela’s new leisure boat will also be used to power a 30-passenger catamaran prototype that could operate in Sweden by summer.įor a city like Stockholm, which has already electrified most of its public ground transportation, its dozens of large ferry boats are an outlier in producing carbon emissions.
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