The foiling landscape is evolving rapidly with broader macro-industry data from 2026 highlighting two distinct trends reshaping this sector: democratization for recreational users and a massive surge in zero-emission/electric hydrofoil integration. 1. Democratization: The Shift to “Accessible Flight” Historically, foiling was restricted to elite, professional racing teams due to high Read more
Swedish next-generation shipbuilder Candela has debuted the P-12 Voyager, the flagship model of its revolutionary P-12 electric hydrofoiling platform. The Candela P-12 is the world’s fastest and most energy-efficient 100% electric passenger ferry. Manufactured by Swedish tech company Candela, the 12-meter vessel uses computer-guided hydrofoils to fly above the water, Read more
Based in Oslo, Norway, Lift Ocean is a maritime technology company specializing in the development of advanced hydrofoil systems. Founded in 2019 by a team including world-champion sailor Petter Mørland Pedersen, the company aims to decarbonize the maritime industry by significantly reducing energy consumption . Their primary innovation is a Read more
Tasmania’s Derwent River is set to become the home of Australia’s first electric hydrofoil passenger network, following a partnership between local venture Fly Derwent and New Zealand marine innovator Vessev. Announced in April 2026, the project aims to transform Hobart’s waterways into a high-speed “metro-style” transport system. By utilizing hydrofoiling Read more
Swedish electric vessel manufacturer Candela recently secured €30 million in its largest funding round to date, a move aimed at scaling the production of its hydrofoiling ferry, the P-12. This investment, occurring in March 2026, was led by the International Finance Corporation (IFC)—the private-sector arm of the World Bank—and supported Read more
In our recent look at hydrofoiling opportunities in the GTA, we identified the great potential for “blue highways.” Today, that potential is becoming a tangible reality. As showcased in the recent technical breakdowns of the “Artemis demonstrates its electric ferry technologies” hydrofoiling isn’t just about speed—it’s about the radical efficiency Read more
The global foiling industry is set to converge in Genoa, Italy, for the World Foiling Congress on May 20, 2025, marking a significant event for the future of waterborne mobility. Following a successful debut, this second congress, hosted by The Foiling Organization, will dedicate a full day to insight, strategic Read more
Stockholm now features the world’s first electric hydrofoiling ferry in public service, the Candela P-12 “Nova”. Operated in partnership with the local transport authority (SL/Region Stockholm), this innovative boat uses underwater wings (hydrofoils) to lift above the water, enabling it to “fly” silently and smoothly. The ship in the pilot Read more
Oceanflight Technologies develops flight control and navigation systems for modern hydrofoil boats helping lift maritime mobility to the next level. Their hydrofoil technology platform is designed for boat builders, enabling sustainable electric drive trains and significantly outperforming conventional boats in efficiency. The control system comprises of three essential components: sensing, Read more
The future of maritime transit is taking shape in the Puget Sound, with the ambitious Foil Ferry project spearheading a revolution in sustainable, high-speed travel. A collaborative effort by naval architects Glosten, performance boat designers Bieker Boats, and transit authority Kitsap Transit, this initiative aims to replace traditional, polluting diesel Read more