Glas Ocean Electric (GOE) offers the HyMarine Electric Conversion Kit, which transforms commercial vessels into hybrid electric systems, allowing them to operate primarily on electric power while retaining the original diesel engine as a backup. This conversion reduces fuel consumption and maintenance costs by 50-70%, while also lowering emissions and noise levels, enhancing both operational efficiency and passenger experience.
Funding
$2M 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
Commercial vessels relying solely on diesel engines face high fuel and maintenance costs, significant noise pollution, and substantial greenhouse gas emissions, contributing to climate change and potentially impacting passenger comfort and fisher health.
Solution
Glas Ocean Electric (GOE) offers the HyMarine Electric Conversion Kit, a hybrid-electric propulsion system for retrofitting existing commercial vessels under 50 tonnes. The HyMarine kit enables vessels to operate primarily on electric power, using the original diesel engine as a backup. This hybrid approach reduces fuel consumption, lowers maintenance expenses, and minimizes both noise and exhaust emissions. GOE also provides PerforMarine, an AI-powered software platform that analyzes vessel performance data, wave conditions, and weather patterns to optimize routes and propulsion for both fossil-fuel and electric-powered vessels, further enhancing efficiency and cost savings.
Target Audience
The primary target audience includes owners and operators of fishing boats, tour boats, and work vessels seeking to reduce operating costs, minimize environmental impact, and improve passenger or crew experience.
Features
- Hybrid-electric conversion kit compatible with existing commercial vessels under 50 tonnes
- Electric propulsion system designed to utilize the original diesel engine as a backup
- PerforMarine AI software providing real-time route and propulsion suggestions based on vessel specifications and historical data
- Integration of wave, current, and weather data into PerforMarine's performance analysis
- Up to 70% reduction in vessel emissions
- 50% noise reduction compared to traditional diesel engines