The startup develops wind propulsion systems that provide tailored engineering solutions for commercial shipping, enabling significant reductions in fuel consumption and carbon emissions for both retrofit and new-build vessels. By implementing these systems, vessel owners can achieve measurable fuel savings and lower greenhouse gas emissions, contributing to the decarbonization of the shipping industry.
Funding
$11.4M 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 shipping faces increasing pressure to reduce fuel consumption and greenhouse gas emissions in response to stricter environmental regulations and rising fuel costs. Traditional methods of propulsion rely heavily on fossil fuels, contributing significantly to the industry's carbon footprint. Implementing alternative propulsion systems can be complex and costly, requiring significant vessel modifications.
Solution
GT Green Technologies offers the AirWing™, a wind propulsion system designed to reduce fuel consumption and emissions in commercial shipping vessels. The AirWing™ system utilizes novel AirFlow Technology to maximize thrust from a compact unit. This patented technology is capable of producing significant fuel savings and greenhouse gas emission reductions for both retrofit and new-build vessels. The system is fully automated and designed for rapid, plug-and-play installation, minimizing vessel operational impact.
Target Audience
The primary target audience includes commercial vessel owners and operators seeking to reduce fuel costs and comply with environmental regulations, as well as shipbuilders looking to incorporate sustainable propulsion solutions into new vessel designs.
Features
- Patented AirWing™ design with unique AirFlow Technology for optimized wind capture
- Fuel and carbon emissions savings of 5-30%
- Fully automated system operation
- Plug & Play rapid installation
- Modular and retrofittable design
- Compliant with IMO/EU regulations