What ACEL Power does

ACEL Power Inc. is a Vancouver-based, privately held marine propulsion company founded in 2021 that designs, manufactures, and sells high-voltage electric outboard motor systems under the Intelligent Electric (IE) Series. The product line spans four models — IE 50 (50HP continuous/75HP peak), IE 75 (75HP/93HP peak), IE 150 (150HP/200HP peak), and IE 250 (250HP/350HP peak) — built around an axial flux motor architecture operating at 400V–800V, achieving a stated 95.8% powertrain efficiency and a 30% peak power advantage over nominal rating. Each system is sold as a fully integrated plug-and-play ecosystem: outboard motor, LFP or semi-solid state battery pack, Intelligent Power Supply (IPS), Onboard Computer with 10-inch touchscreen, Smart Charger (IP67-rated, supporting DC fast charge), Digital Throttle, NFC Smart Key, and — on 2025 production units — a factory-integrated low-light HD camera with edge AI analytics. Core proprietary technology includes a patented microchip-powered power inverter, a shiftless bidirectional gearbox, the ACEL X-Tend hybrid range extender, N-node corrosion protection for saltwater, and a modular LFP battery platform with a stated 3,000-cycle lifespan.

The company monetizes through direct hardware sales to boat builders (OEM integration), commercial fleet operators (water taxis, ferries, autonomous vessel projects), and consumer/SMB end-customers via dealer and distributor networks. Pricing is quote-based rather than publicly listed; IE 50 and IE 75 are available for immediate delivery (6-week lead time) and IE 150/250 are on pre-order with 12–14 week lead times. Distribution combines direct enterprise field sales with channel partners: West Island Marine and Petawatts in Canada, En-Syst for Southeast Asia, Vector Náutico as an OEM partner in Spain/Europe, and project-based engagements with India's Vijai Marine Services. The company also pursues software and professional services revenue via OTA updates, remote diagnostics, and IOT/autonomous feature deployment, alongside licensing-style revenue through OEM integrations and strategic collaborations. ACEL closed a $10M Series A in 2024 led by Tau Capital (with SEB Private Equity and Impact Ocean Capital) and reports 51–100 employees across Vancouver HQ, Richmond investor/corporate office, and a Taiwan manufacturing facility with roots in the founding team's prior inverter and lithium-ion cell business (LW).

Name

ACEL Power

Legal name

Acel Power Inc.

Website

https://acelpower.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

ACEL Power designs and manufactures high-voltage Intelligent Electric Series outboard motors (50–250HP) with integrated LFP/semi-solid state battery packs and smart ecosystem components, serving boat builders, commercial fleet operators, and OEMs across North America, Europe, Southeast Asia, and India.

Ownership category

akta.pro rank

Product category

Electric Marine Propulsion Systems

NAICS

Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Relay and Industrial Control Manufacturing (335314), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Marine Hybrid & Electric Propulsion Systems (IMAJAHAC)

Keywords

• Electric outboard motors
• Marine propulsion systems
• Lithium battery packs
• Electric boat motors
• Smart marine systems

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Electric Outboard Motor Sales: Primary revenue stream from the sale of electric outboard motors and complete propulsion systems including the IE 50, IE 75, IE 150, and IE 250 models, along with modular battery packs and system components.
2. Software Integration Services: Revenue from software integration services that enhance the intelligent electric propulsion system, including OTA updates, remote diagnostics, and autonomous/IOT feature deployment.
3. Strategic Partnerships and Collaborations: Revenue growth opportunities through strategic collaborations with commercial operators, boat builders, and marinas that expand market reach and drive system adoption.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

ACEL Power designs and manufactures intelligent electric outboard motors (IE 50, IE 75, IE 150, IE 250 models ranging from 50HP to 250HP) and integrated electric propulsion ecosystems for marine vessels. The offering combines high-voltage axial flux motors, modular LFP and semi-solid state battery packs, smart chargers, onboard computers, digital throttles, smart keys, and an Intelligent Power Supply under unified software control.

Product overview

ACEL Power offers a comprehensive Intelligent Electric Series of electric propulsion systems for the marine industry, combining hardware and software into an integrated ecosystem. The portfolio includes four electric outboard motor models ranging from 50HP to 250HP (IE 50, IE 75, IE 150, IE 250), supplemented by LFP and Semi-Solid State battery packs, Smart Charger, Onboard Computer with touchscreen, Digital Throttle, Smart Key, and Intelligent Power Supply. The company also manufactures Electric Inboard Motors for yacht applications and the ACEL X-Tend portable gas-powered range extender for hybrid setups. This plug-and-play system provides complete electric propulsion for pontoons, RIBs, fishing boats, water taxis, and luxury yachts with 95.8% powertrain efficiency, IP67 ratings, and up to 30% more peak power than nominal ratings.

Differentiator

Problem solved

Functional benefit

Products and services

• IE 50 Electric Outboard 50HP electric outboard motor with 75HP peak power, 400V high-efficiency platform, and 95.8% powertrain efficiency. Designed for small to mid-size boats (13-20 ft) including tenders, pontoons, and skiffs. Features NFC tap activation and IP67 rating.
• IE 75 Electric Outboard 75HP electric outboard delivering 55kW continuous and 93kW peak power with 234Nm torque. Achieves 95.8% powertrain efficiency with 400V system and 43kWh battery configuration. Includes integrated rear-view camera system.
• IE 150 Electric Outboard 150HP electric motor (peak 200HP) operating at 800V DC and 4000 RPM with internal cooling system, designed for large recreational boats, center consoles, workboats, and mid-to-high-speed vessels.
• IE 250 Electric Outboard ACEL's flagship 250HP electric outboard motor (peak up to 350HP) with 800Vdc input and 4000 RPM rated speed, featuring IP67 water resistance and internal liquid cooling for demanding marine applications.
• LFP Battery Pack Lithium Iron Phosphate (LiFePO4) battery with patented design, flexible voltage range of 400V-800V, modular stackable configuration, IP67 waterproof rating, 3000 charge cycle lifespan, and color-coded wiring.
• Semi-Solid State Battery Next-generation battery technology 30% lighter and more compact than LFP, offering higher energy density, enhanced safety, and longer lifespan for applications where space and weight are critical.
• Smart Charger IP67-rated portable smart charger supporting 120V/240V input with 15A/30A/50A options (max 6.6kW), DC fast charging (1-hour full charge), real-time touchscreen display, and compatibility with CCS1, CCS2, CHAdeMO, and standard AC plugs.
• Onboard Computer Central hub with 10-inch touchscreen display (1920x1080 pixels), IP67 rating, Wi-Fi/LTE/Bluetooth connectivity, over-the-air updates, speed tracking, navigation assistance, and foundation for future autonomous and IoT integration.
• Digital Throttle Single or twin throttle configuration with NFC tap activation, LED indicators, sound and vibration feedback, emergency stop, emergency power override, and full system control including forward/reverse motion and tilt adjustment.
• Smart Key NFC-enabled floating waterproof key with IP67 rating, two-factor authentication, lost key protection, and passive operation (no batteries required). Compact dimensions (115mm x 43.8mm x 13.9mm) with UV-resistant fireproof shell.
• Intelligent Power Supply (IPS) Central power management unit connecting battery and motor, accepting 200V-450V DC input and outputting regulated 12V power. Manages CAN bus communication, anchor power, and provides backup power support with IP67 rating.
• Electric Inboard Motors Inboard electric propulsion systems for yacht applications, providing twin motor configurations for luxury electric yachts with integrated battery and smart system ecosystem.
• ACEL X-Tend Range Extender Patented technology enabling the ACEL electric propulsion system to seamlessly link to any secondary or alternative power source (e.g., gas/diesel generator), establishing a hybrid propulsion system on the go for extended range in remote locations.

Quantifiable outcome

• IE 50-powered 5.2m RIB achieved 29 knots max speed (54 km/h) in sea trials
• +8 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature15 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Vijai Marine Services Pvt. Ltd.coreStrategic or Co-development Partner · 2 January 2026ACEL Power (as Canadian technology partner) is collaborating with India's Vijai Marine Services Pvt. Ltd. on an Indo-Canada project funded by India's Technology Development Board (TDB) to develop and demonstrate a 20-passenger electric boat for inland and coastal water transport. ACEL provides advanced battery technology and electric propulsion systems for a fibre-reinforced plastic vessel at Vijai Marine's Indian shipyard, supporting India's sustainable tourism goals.
• PorrimaminorStrategic or Co-development Partner · 18 June 2025ACEL Power's IE 50 electric outboard was integrated into the Porrima P111 RIB (rigid-inflatable boat) for sea trials, achieving 29 knots max speed. The project demonstrates ACEL's electric propulsion suitability for next-generation zero-emission tenders and support craft for electric or hybrid motherships.
• Vector NáuticocoreOEM/ Whitelabel/ Licensing Partner · 10 June 2025ACEL Power partnered with Madrid-based Vector Náutico to launch the MOLA-e electric boat line in Spain. The partnership integrates ACEL's 50HP and 75HP Intelligent Electric Series outboards into Vector Náutico's 5.99m MOLA boats featuring LFP battery packs (32 kWh and 43 kWh configurations), representing ACEL's official entry into the European market. First units debuted mid-2025.
• En-Syst Equipment & Services Pte LtdcoreChannel Partner/ Reseller/ Distributor · 1 May 2025ACEL Power entered a distribution agreement with Singapore-based En-Syst, granting distribution rights for Singapore and select ASEAN markets (Malaysia, Indonesia, Philippines, Thailand, Vietnam). En-Syst maintains local inventory, offers installation and technical support, deploys demo boats, and leads OEM activations and regional trade show initiatives. This partnership marks ACEL's formal entry into Southeast Asia's marine electrification sector.
• Marine ThinkingcoreStrategic or Co-development Partner · 16 January 2025ACEL Power (Vancouver) is a partner in Marine Thinking's $3.8M AI-Powered Vessel Automation Toolkit Project led by Halifax-based Marine Thinking and supported by Canada's Ocean Supercluster ($1.55M contribution from OS). The project aims to retrofit existing vessels with autonomous navigation, ghost gear detection, and catch monitoring capabilities, integrating ACEL's high-voltage electric propulsion systems with AI-powered automation technology for Canada's fishing, offshore energy, and marine transportation sectors.
• Canada's Ocean SuperclustercoreStrategic or Co-development Partner · 16 January 2025Canada's Ocean Supercluster is co-funding the $3.8M AI-Powered Vessel Automation Toolkit project with a $1.55M contribution, with ACEL Power as the electric propulsion technology partner alongside Marine Thinking. The initiative supports Canada's goal of expanding its ocean economy to $220B by 2035.

Scale indicators3 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• Pure Watercraft: Seattle-based maker of electric outboard motors and integrated battery systems for recreational boats. Directly competes with ACEL in the plug-and-play electric outboard category, particularly for pontoons and small recreational craft in North America.
• Evoy: Norwegian electric inboard and outboard motor systems supplier for leisure and commercial vessels. Closely comparable to ACEL on higher-horsepower electric propulsion (including commercial-duty applications) and on software-integrated drivetrains.
• X Shore: Swedish electric boat OEM with its own Eelex and Bowrider models using in-house electric drivetrains. Competes with ACEL on the boat-builder/OEM side and on recreational electric outboard/inboard adoption in Europe.
• Vision Marine Technologies: Canadian-listed electric boat and powertrain company developing high-HP outboards (E-Motion 180E). Directly comparable to ACEL's higher-HP strategy and shares North American recreational and rental boat market focus.
• Torqeedo: German pioneer of electric outboard and inboard marine propulsion, now owned by Yamaha. The de facto incumbent in electric outboards and the most direct comp to ACEL's IE 50–75 product range across global dealer channels.
• Candela: Swedish maker of electric hydrofoil boats and C-POD marine electric motors. Directly competes with ACEL in the high-performance electric marine propulsion category and has raised a larger Series C ($14M referenced in 2024), making it the closest head-to-head competitor in premium electric boat propulsion.
• Elco Motor Yachts: US manufacturer of electric inboard and outboard propulsion systems since the 1990s. Comparable to ACEL on integrated electric propulsion for recreational and light-commercial vessels, with a longer heritage but smaller recent capital base.

Emerging players

• Flux Marine: US startup developing high-horsepower electric outboards for recreational and commercial boats using LFP battery systems. Comparable to ACEL on technology stack (LFP, modular batteries, high-voltage architecture) and on targeting commercial water-taxi/patrol applications.

Broad incumbents

• Yamaha Motor (Marine): Global marine engine incumbent (parent of Torqeedo's acquirer) with broad ICE outboard lineup and growing electrification roadmap. Competes indirectly by setting dealer/regulatory expectations and directly through Torqeedo in the electric outboard category.
• Mercury Marine (Brunswick): Largest US outboard manufacturer and Brunswick's marine propulsion division. Has launched electric outboard concepts and Avator line, putting it on a direct competitive path with ACEL in the recreational small-to-mid-HP electric outboard segment while leveraging unmatched dealer scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/acelpower
• Facebookfacebook.com/acelpower.goelectric
• LinkedInlinkedin.com/company/acel-power
• Instagraminstagram.com/acelpower

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ACEL Power