LiftOcean is our newest investment. With retired Olympic sailer Petter Mørland Pedersen in the lead, the companies goal is to develop hydrofoil technology that is accessible and affordable also for leisure boats.
The company's hydrofoil systems reduce the need for engine power by 50-70 percent and fuel costs by 90 percent compared to conventional boats.
A 39-foot prototype with LiftOcean's zero-emission hydrofoil system is now under development. With a cruise speed of 30 knots, the boat will have a range of 45 nautical miles.