Green maritime tech of the future to become reality thanks to £60 million boost
Published on by Water Network Research, Official research team of The Water Network in Business
The UK’s race to decarbonise the maritime sector has been given another vital boost, with £60 million in government funding distributed to innovative companies nationwide developing futuristic green technology.
For the first time, the UK government is funding the development of new clean maritime technology across a 2-year period. Companies in 12 regions around the UK will benefit from the cash, generating highly skilled jobs across the nation and positioning the UK as a world leader in green solutions.
The Transport Secretary, Mark Harper, visited Artemis Technologies in Belfast on Tuesday 14 February to see some of the tech in action.
Using technologies adapted from the worlds of high-performance yacht racing, motorsports and aerospace, the company is developing vessels that effectively ‘fly’ above the water surface. The vessels produce zero emissions when foiling and offer energy savings of up to 90% resulting in significantly lower operating and maintenance costs.
Taxonomy
- Marine
- Marine Technologies
- Ports and Maritime