This marine technology company designs electric boats equipped with automotive-grade sensors, backup cameras, and braking systems to enhance safety on the water. By enabling captains to detect and avoid collisions with other vessels and obstacles, the company addresses the risks associated with recreational boating.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Recreational boating carries inherent risks, including collisions with other vessels and obstacles, which can lead to accidents and injuries. Traditional boats lack advanced sensor technology and automated systems to enhance situational awareness and prevent accidents.
Solution
AllOY is developing electric boats equipped with an autonomous operating system (AllOY.OS) and advanced sensor suites to enhance safety and simplify navigation. The boats feature automotive-grade sensors, including radar, lidar, and computer vision, providing 360-degree awareness of the surrounding environment. The autonomous system acts as a "co-captain," offering an extra set of eyes to detect and avoid potential hazards, while also enabling features like automated docking and route planning. The electric powertrain eliminates emissions and the need for winterization, offering a more sustainable and user-friendly boating experience.
Target Audience
The primary target audience includes both experienced boaters seeking enhanced safety features and simplified operation, as well as newcomers looking for an accessible and less intimidating introduction to recreational boating.
Features
- AllOY.OS: An integrated operating system providing a reimagined boating experience with enhanced control and confidence.
- Autonomous Navigation: Touch-to-go navigation, automated docking, and obstacle avoidance capabilities.
- Advanced Sensor Suite: Combines radar, lidar, and computer vision for comprehensive situational awareness.
- Electric Powertrain: Dual 300 hp electric motors with battery capacity for all-day use.
- Braking System: Integrated braking system for enhanced control and stopping power.
- Remote Monitoring: Real-time data and analytics accessible via a user-friendly interface.
- Over-the-Air Updates: Continuous software improvements and feature enhancements.