EST-Floattech specialises in lithium-ion battery systems for fully electric and hybrid marine vessels, offering modular solutions and customised battery containers for space-constrained ships. Its Octopus Series is certified by DNV, Lloyd’s Register, and Bureau Veritas and meets stringent ship fire-safety standards. The company emphasises low weight, high energy density batteries with an advanced management system to ensure efficient and secure operation. EST-Floattech targets inland vessels, ferries, yachts and plans to move toward larger vessels in the future. It has strategic ties with DuraPower to access markets in Asia and Oceania and aims for market leadership in Northwest Europe. The company raised fresh funding in 2024 to support national and international expansion.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2024