- In November 2024, Candela Technology AB launched the Candela P-12, the world’s first electric hydrofoil ferry designed for public transport. This zero-emission vessel uses Candela’s proprietary C-Foil system, which lifts the hull above water to reduce drag and energy consumption by up to 80%. With a cruising speed of 25 knots, the P-12 offers faster, quieter, and more efficient travel compared to traditional ferries. Already operational in Stockholm’s public transport system, the P-12 is also set to debut in Lake Tahoe, showcasing a major leap forward in sustainable, high-speed maritime mobility
- In September 2024, Candela’s C-8 electric hydrofoil boat made history by becoming the first electric boat to cross the Baltic Sea, completing a round-trip voyage between Stockholm, Sweden and Mariehamn, Åland (Finland) in a single day. This record-setting journey demonstrated the long-distance capabilities of electric hydrofoil technology, made possible with existing charging infrastructure and Candela’s ultra-efficient design. The C-8 consumed 213 kWh of electricity—95% less than a comparable fossil-fuel boat—highlighting its potential for sustainable, high-speed maritime travel. The voyage was supported by Kempower’s mobile charging solutions, reinforcing the feasibility of zero-emission sea transport
- In August 2024, NEOM, Saudi Arabia’s futuristic sustainable city, partnered with Candela Technology AB to establish the world’s first electric hydrofoil ship network. As part of this landmark collaboration, NEOM placed an order for eight Candela P-12 electric hydrofoil vessels—the largest single order in Candela’s history. These zero-emission ships, capable of flying above water on computer-guided hydrofoils, will significantly reduce energy consumption and travel times across NEOM’s Red Sea transport network. The initiative marks a major step toward sustainable maritime mobility, aligning with NEOM’s vision of efficient, eco-friendly urban infrastructure
- In August 2024, Canadian startup Envgo entered the electric hydrofoil market with the debut of its flagship vessel, the NV1. Designed in collaboration with renowned yacht designer J. David Weiss, the 25-foot luxury cruiser combines cutting-edge hydrofoiling technology with sleek aesthetics to deliver a quiet, zero-emission, high-performance boating experience. With a top speed of 50 mph, a cruising speed of 25 mph, and a range of up to 80 miles, the NV1 targets the premium leisure marine market. Its carbon fiber hull, autonomous features, and DC fast-charging capabilities position it as a sustainable alternative to traditional combustion-powered boats
- In May 2024, Vessev, a New Zealand-based marine technology company, unveiled the VS-9, the world’s first premium electric hydrofoiling vessel designed specifically for the tourism and commercial sea transport sectors. Drawing on America’s Cup foiling technology, the VS-9 offers a smooth, quiet ride by lifting above the water to reduce drag and energy use by up to 95%. With a cruising speed of 25 knots and a range of 50 nautical miles, it delivers high efficiency and comfort for up to 10 passengers. The VS-9 marks a major step toward sustainable, zero-emission maritime mobility



