Yamaha makes an e-engine acquisition.

🌊 RECREATIONAL

In the realm of electric boating, Pascal Technologies emerges as a forerunner with its innovative approach. Eschewing the traditional hydrofoil design, the company has developed a unique technology that leverages a cushion of air (compressed air) to elevate the performance of electric boats. This method, distinguished by its ability to reduce water friction significantly, offers a smoother and more energy-efficient maritime experience.

The company is actively seeking to license this air cushion technology to other boat manufacturers, aiming to catalyze a broader transformation in the industry. This initiative not only underscores their commitment to advancing sustainable maritime technology but also positions them as a key influencer in the global electric boating market.

Discover more about Pascal Technologies and their pioneering technology by visiting their website.

⚙️ OUTBOARDS

Yamaha has made a significant move in the marine industry by acquiring Torqeedo, a leading manufacturer of electric marine propulsion systems. The acquisition was finalized through a stock purchase agreement with Deutz, Torqeedo's parent company. This strategic acquisition is in line with Yamaha's current Mid-Term Plan, which aims to expand the company's electric motor lineup and offer more environmentally friendly solutions.

Torqeedo is renowned for its high-performance electric engines, which have gained popularity due to their innovative design and impressive specifications. One of Torqeedo's notable products is the Travel 1003, an electric outboard motor known for its reliability, remarkable torque, and quiet operation. Additionally, the Torqeedo Cruise 2.0 is another well-regarded electric outboard motor, recognized for its power and efficiency.

Here's a table that outlines the general categories of electric engines offered by Torqeedo, along with their key specifications (not a complete list of their products):

Yamaha's acquisition of Torqeedo is expected to strengthen the company's position in the electric marine propulsion market and enhance its ability to offer a diverse range of innovative and sustainable solutions to boaters and the marine industry as a whole. The acquisition also reflects the growing importance of electric propulsion systems in the marine sector and signifies a significant step towards a more sustainable future for boating.

Here is Yamaha’s press release on this acquisition.

🛝 RECREATIONAL

San Francisco-based startup Navier has unveiled an innovative pilot program in partnership with tech giant Stripe to launch a waterborne electric taxi service for Bay Area commuters. This groundbreaking initiative aims to provide a zero-emission, high-speed transportation option for workers, particularly in areas where traditional ferry services are not readily available.

The program will initially deploy a single Navier cabin cruiser, equipped with Wi-Fi and tables, to shuttle employees from Marin to the Peninsula, significantly reducing their daily commute times. This collaboration marks the first proof-of-concept test for Navier, which was founded in 2019 with the ambitious goal of revolutionizing personal transportation in coastal cities by leveraging under utilized waterways as a free piece of infrastructure.

Navier's electric boats, known for their foiling technology, are designed to offer a seamless and environmentally friendly commuting experience. The company's long-term vision involves transforming every marina into a transportation hub, thereby driving increased opportunity, real estate development, and economic activity while mitigating traffic congestion and fossil fuel pollution.The partnership with Stripe underscores the growing demand for sustainable and efficient transportation solutions in the Bay Area.

As part of this initiative, Navier plans to expand its electric ferry service to additional areas such as Alameda, Berkeley, Emeryville, Oakland, and Sausalito, with the prospect of introducing larger passenger vessels in the future.This collaborative effort represents a significant step towards addressing traffic congestion, reducing emissions, and connecting business hubs with more affordable residential areas. By harnessing the potential of waterways as viable transportation corridors, Navier and Stripe are at the forefront of shaping the future of urban mobility in the Bay Area.

📄 CAREERS

Check out the career page for Navier Boats here. A few roles on the technology/software side of the business.

😀 SOCIAL MEDIA LINK OF THE WEEK

Zig zagging across the setting Sun in the Caribbean on an e-foil.

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