What Graphite Innovation & Technologies does

Graphite Innovation & Technologies Inc. (operating as GIT Coatings) is a Canadian clean-technology company founded in 2016 and headquartered in Dartmouth, Nova Scotia, that develops and manufactures biocide-free, graphene-based hard foul-release coatings for commercial ship hulls and propellers. The company's product portfolio includes XGIT-FUEL and XGIT-FORCE hull coatings built on Dynamic Phase Engineered Technology (DPET), and XGIT-PROP and XGIT-VORTEX propeller coatings built on Amphiphilic Graphene Nanonetwork (AGN) technology. All products are biocide-free, silicone-oil-free, and engineered for integration with proactive in-water hull grooming; the XGIT-FORCE and XGIT-VORTEX generations carry Lloyd's Register type approvals, with XGIT-FUEL holding the maritime industry's first Enhanced Antifouling Type Approval. Performance claims include up to 10% fuel savings (XGIT-FORCE), a guaranteed 6% out-of-dock power gain, and up to 5% propeller fuel savings (XGIT-VORTEX), validated through third-party analysis and customer deployments such as BW Epic Kosan, Pacific Basin, Stolt Tankers, OSG, and Finnlines.

GIT operates a B2B industrial go-to-market centred on direct enterprise sales to shipowners, operators, and charterers, supplemented by approved grooming service providers (including Greensea IQ's EverClean) and classification society endorsement through Lloyd's Register. The company has completed 600+ vessel and propeller coating applications across more than 20 countries since 2022, with approximately 95% of revenue derived from export markets. Revenue is generated through one-time coating sales during drydocking cycles, multi-year fleet agreements (e.g., Pacific Basin's 40-vessel rollout, Stolt Tankers' 25-vessel programme), and recurring proactive hull management advisory services covering biofouling risk assessment, port feasibility, and performance monitoring. The company maintains regional offices in Singapore (APAC headquarters), Copenhagen, Athens, and Tokyo, alongside its Canadian manufacturing operations, which were expanded in October 2025 to a 10x-larger carbon-neutral facility supported by financial contributions from Export Development Canada (up to $5 million), ACOA, and prior rounds led by BDC Capital's Climate Tech Fund, Canada's Ocean Supercluster, and Techstars.

Name

Graphite Innovation & Technologies

Legal name

Graphite Innovation & Technologies Inc.

Website

https://gitcoatings.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Graphite Innovation & Technologies (GIT Coatings) is a Canadian manufacturer of biocide-free graphene-based marine hull and propeller coatings, serving global commercial shipping operators with hard foul-release products and proactive hull management advisory services certified by Lloyd's Register.

Ownership category

akta.pro rank

Headquarters

HQ city

Halifax

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Marine Coating Product Sales: Sale of graphene-based hull and propeller coatings (XGIT-FUEL, XGIT-FORCE, XGIT-PROP, XGIT-VORTEX) to shipowners and operators for application during drydocking or newbuild. Revenue is generated through product sales with pricing based on vessel size and coating requirements.
2. Proactive Hull Management Advisory Services: Comprehensive advisory services including biofouling risk assessment, grooming planning, port feasibility analysis, performance monitoring, and cleaning coordination. This turnkey service supports proactive hull performance management for global fleets.
3. Fleet Agreements: Multi-vessel fleet agreements with shipping companies for fleet-wide coating applications across vessel portfolios, providing recurring revenue from established customer relationships.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

GIT Coatings manufactures and sells biocide-free, graphene-based hard foul release coatings for commercial ship hulls and propellers (branded XGIT-FORCE, XGIT-VORTEX, XGIT-PROP, XGIT-FUEL). The company also provides proactive hull management advisory services, including biofouling risk assessment, grooming planning, port feasibility analysis, and ongoing performance monitoring for fleet operators globally.

Product overview

GIT Coatings develops and manufactures advanced graphene-based marine coating solutions for the global shipping industry. The product portfolio centers on three main coating products: XGIT-FORCE™ (current-generation hull coating with Dynamic Phase Engineered Technology), XGIT-VORTEX™ (next-generation propeller coating with Amphiphilic Graphene Nanonetwork technology), and XGIT-PROP (earlier-generation propeller coating). All products are biocide-free, hard foul-release coatings that resist fouling through physical surface properties using graphene technology. The company complements its coatings with Advisory Services for proactive hull management, including biofouling risk assessment, grooming feasibility planning, port approvals coordination, and ongoing performance monitoring and support.

Differentiator

Problem solved

Functional benefit

Brands

• XGIT-FORCE: Next-generation graphene-based hard foul-release hull coating providing up to 10% fuel savings with guaranteed 6% out-of-dock power gain.
• XGIT-VORTEX
• XGIT-PROP
• XGIT-FUEL
• XGIT-GROOM

Products and services

• XGIT-FORCE Next-generation graphene-based hard foul-release hull coating featuring proprietary Dynamic Phase Engineered Technology (DPET) that combines smart surface chemistry with graphene-reinforced mechanical tuning. Delivers up to 10% fuel savings, a guaranteed 6% out-of-dock power gain compared to premium biocidal antifouling coatings, and a 10-year product guarantee. Zero-leaching, biocide-free, designed for proactive hull cleaning without degradation. Used by commercial shipping operators during drydocking or newbuild application.
• XGIT-VORTEX Next-generation graphene-based propeller coating system powered by Amphiphilic Graphene Nanonetwork (AGN) technology. Three-layer dedicated propeller coating system with a reinforced mid-coat to absorb cavitation stress. Delivers up to 5% propeller fuel savings, deters fouling attachment, resists cavitation-related coating damage, and maintains propeller smoothness over the drydock cycle. Used by commercial shipping operators on vessel propellers.
• XGIT-PROP Highly durable graphene-based hard foul release propeller coating that maintains propeller efficiency over the drydocking period. Combines a specialized primer for substrate adhesion with a durable foul-release topcoat. Independently validated to provide 3-4% fuel savings. Biocide-free with low VOC content, resistant to mechanical damage from grooming and cleaning. Applied by commercial shipping operators on vessel propellers.
• Proactive Hull Management Advisory Services Comprehensive advisory services supporting proactive hull performance management for global fleets. Includes biofouling risk assessment, grooming planning, port feasibility analysis, performance monitoring, and cleaning coordination. Sold to shipowners, operators, and charterers as a turnkey service complementing GIT's coating products.

Quantifiable outcome

• Up to 10% fuel savings with XGIT-FORCE hull coating
• +10 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered core.

• BW Epic KosancoreStrategic or Co-development Partner · 29 May 2026Partnership for proactive hull management across selected vessels in BWEK's LPG fleet. Five LPG gas carriers coated to date with partnership validating biocide-free graphene coatings, proactive cleaning, and advisory support as integrated hull performance system. Joint case study presented at HullPIC 2026.
• Greensea IQcoreTechnology or Integration · 2 April 2025Greensea IQ's EverClean service officially approved by Lloyd's Register as certified hull grooming provider for GIT Coatings' advanced foul release systems. Approval confirms EverClean meets requirements to groom hulls protected by biocide-free coatings with no roughness increase and no thickness loss. Collaboration announced at CMA Shipping 2025 in Stamford, Connecticut.
• Overseas Shipholding Group (OSG)coreStrategic or Co-development Partner · 25 February 2025OSG extended adoption of XGIT-PROP graphene-based propeller coating across seven additional crude oil tankers following proven performance gains validated by third-party analysis on Pacific trade route.
• Lloyd's RegistercoreTechnology or Integration · 29 October 2024Lloyd's Register awarded maritime industry's first Enhanced Antifouling Type Approval to GIT Coatings for XGIT-Fuel graphene-based hull coating. LR is first classification society to offer this service validating antifouling coatings' performance pre- and post-grooming operations. Continued collaboration includes type approvals for XGIT-FORCE and XGIT-VORTEX.
• Coral ExpeditionscoreStrategic or Co-development Partner · 23 July 2024First cruise industry adoption combining robotic hull grooming with graphene-based hard foul release coatings (XGIT-FUEL and XGIT-PROP) on Coral Adventurer passenger vessel. Partnership marks first for global cruise industry.
• Finnlines (Grimaldi Group)coreStrategic or Co-development Partner · 7 May 2024Fleet agreement for XGIT-FUEL graphene-based hard foul release hull coating across ro-ro and ro-pax fleets. Four vessels coated with approximately 7% fuel consumption reduction achieved. Partnership extends to additional vessels in fleet.
• Pacific BasincoreStrategic or Co-development Partner · 26 March 2024Largest adoption of graphene-based propeller coating in dry bulk segment with rollout of XGIT-PROP across 40 vessels scheduled for dry dock maintenance in 2024. Partnership marks Pacific Basin's commitment to sustainability through graphene-based coating technology.
• Eastern Pacific ShippingcoreStrategic or Co-development Partner · 27 June 2023Fleet-wide adoption of graphene-based coatings across Eastern Pacific Shipping's vessel portfolio for hull and propeller applications supporting decarbonization initiatives.
• Stolt TankerscoreStrategic or Co-development Partner · 5 April 2023Two-year agreement signed to apply XGIT-PROP graphene-based marine coating to propellers of 25 Stolt Tankers ships during 2023. Stolt Tankers is first chemical tanker company to adopt GIT's graphene-based propeller coating following successful trial on Stolt Acer.

Scale indicators13 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• AkzoNobel (Marine Coatings / International Paint): AkzoNobel's International Paint division is the global market leader in marine coatings, offering a broad portfolio including the Intersleek biocide-free silicone foul release product line. Directly comparable to GIT as a marine coatings manufacturer serving global commercial shipping fleets, but at vastly greater scale and with established shipyard relationships.
• Hempel: Hempel is a major global coatings manufacturer with a significant marine and protective coatings business, including Hempasil silicone-based foul release products. Directly comparable to GIT as a marine coatings supplier with global reach, serving commercial shipping with anti-fouling and fuel-saving coating solutions.
• Jotun: Jotun is one of the world's largest marine coating suppliers, offering the SeaQuantum biocidal antifouling range and silicone foul release products. Comparable to GIT as a global marine coatings manufacturer with established distribution, serving the same commercial shipping customer base with hull and propeller coating solutions.
• Chugoku Marine Paints: Chugoku Marine Paints is a leading Japanese marine coatings manufacturer with strong presence in Asian shipyards and a global anti-fouling product portfolio. Comparable to GIT as a marine coatings specialist serving commercial shipping fleets, particularly in newbuild and drydocking applications.
• PPG Industries (Marine Coatings): PPG's marine coatings business supplies anti-fouling and foul release products to global commercial shipping. Comparable to GIT as a large diversified coatings manufacturer with a marine segment offering hull coatings, though PPG's marine focus is smaller than AkzoNobel, Hempel, or Jotun.
• Sherwin-Williams (Marine Coatings): Sherwin-Williams is a major global coatings manufacturer with industrial and marine coating offerings. Comparable to GIT in the broader coatings manufacturing space, though their marine exposure is more limited than dedicated marine coatings leaders like AkzoNobel or Hempel.

Others

• Greensea IQ (EverClean): Greensea IQ operates the EverClean robotic hull cleaning system and is GIT's approved grooming partner. Comparable as an enabling ecosystem participant in the proactive hull management value chain that GIT's coating performance depends upon; not a direct competitor but a critical partner in the integrated solution.
• HullWiper: HullWiper provides robotic in-water hull cleaning services globally, complementing foul release coatings with proactive biofouling management. Adjacent to GIT's value proposition as part of the proactive hull management ecosystem that biocide-free coatings require.

Direct peers

• Jotun Marine (SeaQuantum X200): Jotun's SeaQuantum series, particularly the latest biocide-free silicone hydrogel foul release coatings, represents the closest direct product competitor to GIT's graphene-based foul release offerings. Both target the same regulatory-driven shift toward biocide-free coatings with fuel-saving hull performance.

Emerging players

• Biocoke Lab: Biocoke Lab is an emerging marine coatings technology company developing alternative biocide-free coating solutions for the shipping industry. Comparable to GIT as a smaller, innovation-focused player pursuing the same regulatory tailwinds and decarbonization-driven shift away from biocidal antifouling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/GIT_Graphene
• LinkedInca.linkedin.com/company/gitsustainablecoatings

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds5 records

Investors12 records

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 Graphite Innovation & Technologies