Ship Hull Drag Reduction

Outside Hong Kong, USA

33% Raised

Short Summary

Fuel savings of up to 20% can be achieved with ship hull air lubrication. This "Green" system produces an air/water emulsion using existing ship's pumps and piping with addition of a low capital cost microbubble generator.

Highlights

  • A simple variation on a very old idea that works.
  • Installation could pay for itself in a few months.
  • Easy installation during vessel construction or overhaul.
  • Positive feedback from potential sales agents in China and Korea
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Overview

Target
HK$3,000,000
Minimum
HK$500,000
Investment Raised
HK$1,000,000
Previous Rounds HK$500,000
Stage Pre-Startup/R&D
Investor Role Any

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