EcoGlide is one of the best projects for Electric Propulsion Systmens for E-Boats. It is one of the best performing electric propulsion systems for speedboats with a proven top speed at 24 knots for 30 minutes or a proven cruising speed of 15 knots for 2 hours. Not many new projects can feature these results. The project is targeting a potentially sustainable and fast growing market globally estimated in $ 20 billion in the next ten years. The Project is addressing the present and future demand for E-speedboats with sustainable power engines, no polluting emissions, silent cruising, simple charging features and easy to maneuver and operate. Milestones achieved so far:
Investment Proposal — Round A
Create a Special Purpose Vehicle (SPV) in which the Proposing Industrial Partner contributes:
Financial Partners contribute Euro 1 million for a stake of 15% of the SPV for the initial Small Scale Production (3050 units) for a niche market -plan for 2018 to 2020.
Round B Second round of funding is already conceived and is to be discusses and agreed upon by all the participants of the SPV with the fundamental aim to implement a Large Scale Production, to encounter an ever increasing market demand (300500 units) plan 2021.