Crowd funded E-Foil!

🏄🏾‍♂️ E-FOIL

With 19 days left on the crowd funding campaign, the X-Foil 2 has exceeded its target goal by ~2,000%. An indication of strong interest in the e-foil market segment.

The XFoil 2 is an innovative gyro-stabilized hydrofoil designed to improve stability and control on water. This hydrofoil uses advanced gyroscopic technology, specifically the Omega system, which includes motorized ailerons and an elevator on its wings. These components are controlled by a 6-axis electronic gyroscope that detects and compensates for changes in roll, pitch, and yaw, resulting in a smoother and more stable ride even in challenging conditions like waves and wind gusts

The XFoil 2 retains the modular design of its predecessor, allowing it to function as a stand-up paddleboard, a powered surfboard, or a powered hydrofoiling board. It is equipped with a 6,000-watt motor and a handheld Bluetooth remote with an OLED display for speed control. The standard battery provides a runtime of about one hour, while an optional long-range battery extends this to 2.5 hours. The board can reach a top speed of 30 mph (48 km/h).

For more details and to support the project, you can visit the crowd funding page - here.

⚙️ OUTBOARDS

The website ResearchandMarkets have added a report on the emerging electric outboard market.

The global electric outboard motors market was valued at $120 million in 2023 and is projected to reach $196.62 million by 2029, growing at a CAGR of 8.58%. This growth is driven by increasing leisure boating activities and a focus on sustainability. Key players include Torqeedo, ePropulsion, and Yamaha Motor. The market benefits from advancements in lithium-ion batteries but faces challenges like high initial costs. Significant growth is expected in Europe and North America, driven by rising recreational boat usage and environmental awareness.

Check out the full summary, here.

🖌️ SOCIAL MEDIA POST OF THE WEEK

Float plane in for an E-foil session!

waterfrontmuskoka

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📅 EVENTS

In case readers might be in Europe, this event is happening in June.

The Electric & Hybrid Marine Expo Europe, held June 18-20, 2024, in Amsterdam, showcases advancements in electric and hybrid marine propulsion, energy storage, and charging technologies. The event features over 200 exhibitors and 100 speakers, focusing on solutions for zero-emission shipping. It includes the Electric & Hybrid Marine Expo Europe Conference, dedicated to marine vessel electrification and hybridization, and hosts the Electric & Hybrid Marine Awards. This event is pivotal for industry professionals involved in maritime sustainability and innovation. More details, here.

If you are finding this newsletter interesting or valuable, please help us by sharing this on social media and/or forwarding the registration link to a friend or colleague.