Seabubbles brings flying water taxi to GITEX
Electric hydrofoil water taxi with bespoke docking system and ride hailing mobile app
SEABUBBLES is bringing its flying water taxi concept to GITEX Technology Week in search of both investors and operating partners. The 18 month old startup has been developing an electric hydrofoil water taxi, complete with bespoke docking system and ride hailing mobile app as an alternative transport system for today's congested cities.
"Today's cities are stuck with too much pollution, and we can do something about it," says co-founder and CEO, Anders Bringdal.
"[GITEX] is our first step into the region, so we are going to have a quick look and do some market research and see what the situation is there towards funding. We would love to have an operation down there. We need to see about local operators, and may be push this further," he adds.
To date Seabubbles has raised EURO14 million and is looking to attract another EURO50 million to finance the ‘industrialisation' phase of its product line. Currently the firm has five working prototypes, and has completed designs of the dual purpose dock and charging station.
According to Bringdal, the firm expects to complete the boat designs in the next six months. "The dock is done, the boat is 80% done... that is 20% of finishing and tweaking," he adds.
The ‘bubble' craft is fitted with foils that pushes it out of the water, reducing drag and its wake. The electric engine is also offers a ‘green' alternative to typical boat engines that consume approximately 20 time more fuel than a car. "On the waterways boat engines are not that green, so if you want to deal with pollution, turning electric is a good start," explains Bringdal.
"Our war cry if you like, is no zero wave, zero noise, zero emission," he adds.
The team from Seabubbles will be appearing in GITEX Future Stars and appearing on stand M8-1X.