In a move that could send ripples through the maritime industry, a Belfast-based firm has just inked a multimillion-dollar deal with US yacht builder Delta Marine. Artemis Technologies, the brainchild of David Tyler and double Olympic champion Iain Percy, is set to advance clean maritime solutions in the US, and this deal is a significant step in that direction.
Artemis Technologies, spun out of the successful Artemis Racing team in the America’s Cup, has signed a memorandum of understanding (MoU) with the family-owned Seattle company. This isn’t just about building boats; it’s about pioneering a future where maritime transport is sustainable and efficient. Delta Marine, based in Washington State, is no small player. They’re home to the United States’ largest fleet of passenger ferries, so this partnership is a big deal.
The Belfast firm has already made waves with its hydrofoil technology, which allows vessels to glide on top of the water, reducing drag and energy consumption. They’ve secured an order for 20 of their hydrofoil vessels with Miami-based transport innovator, Urbanlink, and have developed prototypes ranging from workboats to ‘flying’ passenger ferries.
David Tyler, the company’s CEO, didn’t mince words about the significance of this deal. “The US is a crucial market for our business, and this partnership with Delta Marine is a significant milestone in our global growth strategy,” he said. He also gave a shoutout to Invest NI, acknowledging their role in facilitating Artemis’ expansion.
The announcement was made in New York during a visit to the Artemis yard by Economy Minister Caoimhe Archibald. She was thrilled about the news, stating, “It is fantastic to see Artemis Technologies expanding in the US and securing high-profile partnerships that will accelerate the transition to sustainable maritime transport.”
Invest NI chief executive, Kieran Donoghue, also weighed in, highlighting the potential economic growth and job creation this expansion could bring. He emphasized the role of initiatives like the Northern Ireland Maritime and Offshore Network in helping companies like Artemis Technologies scale internationally.
So, what does this mean for the future of the maritime industry? Well, it’s a clear sign that the tide is turning towards sustainability. If Artemis Technologies can pull this off, we could see a wave of similar innovations hitting the market. It’s not just about reducing emissions; it’s about rethinking how we approach maritime transport entirely.
But it’s not all smooth sailing. There are challenges ahead. Integrating new technology into existing infrastructure, ensuring safety standards are met, and convincing stakeholders to invest in these innovations are all hurdles that need to be overcome. However, if any company can do it, it’s Artemis Technologies. They’ve shown they’re not afraid to challenge norms and push boundaries.
This deal is more than just a business transaction. It’s a statement of intent. It’s a call to action for the maritime industry to embrace innovation and sustainability. It’s a reminder that the future of maritime transport is not just about getting from point A to point B; it’s about doing so in a way that’s clean, efficient, and sustainable. And if Artemis Technologies has anything to say about it, that future is just around the corner. So, buckle up, maritime industry. Things are about to get interesting.
