Bound4Blue’s wind-assisted vessel propulsion saves 40% on fuel costs in a €200bn market; eyes European, Asian expansion
Spanish startup Bound4Blue is applying aeronautical techniques to the maritime industry in an innovative approach to sustainability. The company is currently piloting the installation of rigid wingsails on ocean-going vessels, harnessing the wind for complementary thrust.
The idea originated during the 2006 America’s Cup, in which the New Zealand team won 84 seconds ahead of its old rivals Alinghi. That day José Miguel Bermúdez, CEO and co-founder of Bound4Blue, was watching the race on TV with his father.
“They saw the hard wingsail technology [from aeronautical engi...
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