GT Green Technologies develops the AirWingTM, described as the first commercially available Jet Sail and a high-energy-density wind-propulsion technology for ocean-going vessels. The system delivers industry-leading thrust from a compact footprint, allowing shipowners to achieve substantial fuel and greenhouse-gas savings without losing critical deck space. The company’s engineering team draws experience from Formula 1, the America’s Cup, and major maritime and industrial firms, helping it address both aero- and hydrodynamic design challenges. Demand for wind-assisted propulsion is rising as regulations such as FuelEU Maritime tighten emissions limits starting in 2025, and GT Green Technologies reports a rapidly expanding order pipeline. Working with global partners, the startup is preparing for large-scale installations in the coming years. The new capital will fund supply-chain build-out, manufacturing readiness, and broader commercial deployment of AirWingTM. No revenue or user figures were disclosed in the article.

Total raised

$2M

Funding rounds

2

Latest round

Seed

Latest activity

Apr 2024