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Eric Laakmann
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Sep 9, 2026
Boats That Fly: 5x More Efficient Across Four Continents
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Eric LaakmannGUEST
I'll look at the three different modes of transportation and talk about that in reference to where marine is today.

Eric LaakmannGUEST
So automotive, obviously the furthest along in terms of battery technology, going more sustainable in EV sales are, you know, they're absolutely climbing and it's a clear better choice across the board for many, many, many different applications.

Eric LaakmannGUEST
And that's because the performance of EVs has gotten to the point where it's parity or better in many cases, especially if you qualify maintenance and all these other extra factors.

Eric LaakmannGUEST
What we see in the marine space is if you look at the fuel fraction, the amount of energy that a boat contains, it's oftentimes a lot larger than the percent fuel fraction that a car contains.

Eric LaakmannGUEST
And so when you just do a straight battery swap, you say, well, we're going to convert all this fuel energy into battery energy.
12 MINS LATER

Josh DorfmanHOST
So what is the state of like Vestib's go to market and how you're building the business?
NZ hydrofoil company expanding into US market
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Lisa OwenHOST
I'd like you to describe the boat so people can picture it in their heads, how it sits on the water.

Eric LaakmannGUEST
Yeah, well, it's not really about how it sits on the water, but how it lifts out of the water.

Eric LaakmannGUEST
When the boat is stationary, it's being lifted by its hull like a normal boat is.

Eric LaakmannGUEST
Now, our technology, we produce electric hydrofoil technology that adds these hydrofoils to the bottom of the vessel, which at speed allow the vessel to lift up out of the water.

Eric LaakmannGUEST
uses goes to pushing water out of the way so by lifting the boat up you substantially reduce that drag and you unlock potential for electric boating so it's quite uh it's quite cool and you know many folks in New Zealand would have some exposure experience with what's happened with the America's Cup you know that unlocks sailboats they can sail three times faster than the wind We essentially use the same techniques, but apply that to how efficient can we make a commercial electric vessel at reasonable speeds.

Eric LaakmannGUEST
You know, I'd say the primary goal, and we're already well underway on this, you know, it's one thing to build one or two something.