Innovation fund granted to develop zero emissions ferries
Illustration of zero-emission ferry (Source: Artemis Technologies Ltd.)
A Belfast Maritime Consortium, consisting of 13 partners, led by Artemis Technologies has won a £33 million UK Government innovation grant to develop zero-emissions ferries. With further investment from consortium partners, the total project investment will reach close to £60m over the next four years, creating an initial 125 research and development jobs, and leading to more than 1,000 in the region over the next ten years.
Dr Iain Percy OBE, CEO of Artemis Technologies said: "Our concept for an electric hydrofoil propulsion system is totally unique and will enable vessels of the future to operate with up to 90% less energy, and produce zero emissions during operation. As cities across the world seek ways to reduce pollution and ease traffic congestion, the transformative vessels to be produced right here in Belfast, will have a global role to play in delivering the connected maritime transport system of the future."
