A Silicon Valley startup founded by a former NASA researcher and MIT engineer plans to introduce 100 electric hydrofoil boats across the Maldives in a project valued at around $100 million.
San Francisco-based Navier has signed a long-term partnership with Maldives-based developer JIH Global to deploy the vessels over the next three years. The first five boats are expected to arrive this year.
Designed to connect airports, resorts and inhabited islands, the network aims to offer a cleaner alternative to the diesel-powered boats that dominate transportation in the Maldives.
Navier’s hydrofoil boats use underwater wings to lift the hull above the water, reducing drag, improving energy efficiency and creating a smoother ride.
Founder and Chief Executive Officer Sampriti Bhattacharyya said the company’s goal is to build a scalable water transportation network rather than simply manufacture boats.
The initial fleet will target luxury resorts and hospitality operators. The boats will be powered by electricity and charged using existing marina shore-power systems, with dedicated fast-charging infrastructure planned for the future.
The project comes as the Maldives works toward its goal of net-zero emissions while seeking more sustainable transportation solutions across its island communities.
