Voltaic Marine
Voltaic Marine builds modular aluminum-hulled electric boats — the AEW24 consumer wake boat and AEU39 defense platform — sharing a 300 kWh battery, proprietary Vessel Control Unit, and Garmin navigation, sold direct-to-consumer and to defense customers.
- Company typePrivate
- Founded2023
- HeadquartersBeaverton, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Voltaic Marine does
Voltaic Marine is a Beaverton, Oregon-based developer of aluminum-hulled electric boats operating across consumer, commercial, and defense segments. Founded in 2023, the company has built two flagship products: the AEW24, a premium recreational wake boat priced from $350K, and the AEU39, a defense-oriented platform with low acoustic and thermal signatures for stealth operations. Both products share a common technology stack including a patent-pending aluminum hull, a 300 kWh battery system delivering up to 8 hours of runtime and 80% recharge in 2 hours, a proprietary Vessel Control Unit (VCU) developed with Garmin, and a modular architecture intended to support both crewed and autonomous configurations. The company maintains two sub-brands — Voltaic Boats for consumer/commercial and VoltaicDefense for the defense segment.
The company's revenue model is centered on hardware sales: direct-to-consumer pre-orders for the AEW24 (with a $500 refundable deposit) and direct enterprise sales for the AEU39 platform through a dedicated defense division. Voltaic Marine has raised approximately $3 million in disclosed funding across multiple rounds including a 2025 round with Antler participation and earlier non-dilutive Michigan state grants supporting electric marine development. The go-to-market strategy combines a product-led, direct-to-consumer pre-order funnel for the recreational segment with an enterprise field-sales motion for defense and national security customers. Co-founders Richard Phamdo (CEO, ex-EV/autonomous programs), Cody Covey (COO, ex-Intel with $650M annual revenue responsibility), Jonathan Yin (CPO, EV/autonomous supply chain), and Will Stewart (CTO, aluminum manufacturing and industrial energy systems) anchor an execution team built to translate automotive and EV-grade engineering into marine applications.
Voltaic Marine firmographics
Firmographics- Name
- Voltaic Marine
- Legal name
- Voltaic Marine
- Website
- https://voltaicmarine.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Voltaic Marine builds modular aluminum-hulled electric boats — the AEW24 consumer wake boat and AEU39 defense platform — sharing a 300 kWh battery, proprietary Vessel Control Unit, and Garmin navigation, sold direct-to-consumer and to defense customers.
- Ownership category
- akta.pro rank
Voltaic Marine industry classification
Industry- Product category
- Electric Boats
- NAICS
- Ship and Boat Building (3366), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Electrical Equipment Manufacturing (3353)
- SIC
- Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Electric & Hybrid Leisure Craft Manufacturing (IMAJAEAK)
- akta.pro secondary industries
- Marine Hybrid & Electric Propulsion Systems (IMAJAHAC), Luxury Yacht Hull & Superstructure Fabrication (Composite/Aluminum/Steel) (IMAJAMAG), Shipboard Propulsion, Power Generation & Energy Storage (IMABAKAF)
Keywords
Where Voltaic Marine is headquartered
LocationHeadquarters
- HQ city
- Beaverton
- HQ country
- United States
- HQ region
- North America
Markets served
Voltaic Marine business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Electric Boat Sales: One-time hardware sales of electric aluminum boats. Consumer model AEW24 priced starting at $350K with $500 refundable deposit. Direct-to-consumer pre-order model with production and delivery.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | AEW24 Electric Boat - Starting Price |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels3 records
Voltaic Marine product offering
Product offeringCore offering
Voltaic Marine designs and manufactures high-performance aluminum electric boats built around a patent-pending modular hull architecture, an integrated 300 kWh battery system, and a proprietary Vessel Control Unit developed with Garmin. The company sells the AEW24 consumer wake boat (starting at $350K) and the AEU39 defense platform to consumer/recreational buyers, commercial marine operators, and defense/national security customers through direct sales.
Product overview
Voltaic Marine offers a platform of aluminum electric boats serving three market segments: Consumer (AEW24 recreational wake boat), Commercial (fleet-grade vessels for operators), and Defense (AEU39 mission-ready platform). The AEW24 is the consumer flagship at $350K with 300 kWh battery and premium features, while the AEU39 is designed for defense applications with stealth capabilities and modular payload systems. Both platforms share core technology: aluminum hulls, integrated battery systems, Garmin-powered navigation, and proprietary vessel control systems.
Differentiator
Problem solved
Functional benefit
Brands
- Voltaic Boats: Consumer and commercial electric boat brand featuring the AEW24 model.
- VoltaicDefense
Quantifiable outcome
- 8 hours runtime on single charge
- +3 more outcomes
Companies that use Voltaic Marine
Customer profileSegments3 records
Ideal customer profiles3 records
Voltaic Marine technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature6 records
Voltaic Marine partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- GarmincoreSoftware and navigation system development partnership. Garmin collaborated on the Vessel Control Unit (VCU) system providing intuitive navigation and precise control for the AEW24 platform.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Voltaic Marine competitors and assessment
Company assessmentDirect peers
- Pure Watercraft: Pure Watercraft designs and sells electric outboard motors and integrated electric boat propulsion systems for recreational boating, overlapping with Voltaic's electric marine propulsion core technology and target consumer segments.
- X Shore: X Shore is a Swedish electric boat maker producing premium leisure craft with integrated electric propulsion, directly comparable to Voltaic's consumer electric boat strategy and ASP tier.
- Arc Boats: Arc Boats is a Los Angeles-based electric boat startup building premium electric wake boats directly competing with Voltaic's AEW24 in the consumer recreational segment, with similar battery architecture and performance positioning.
- Vision Marine Technologies: Vision Marine Technologies is a publicly-traded electric boat and propulsion company producing electric outboards and complete electric boats, comparable to Voltaic's integrated electric marine platform strategy.
- Candela: Candela builds premium electric hydrofoil boats with proprietary foiling technology and integrated battery systems, competing in the same premium electric leisure marine category as Voltaic's AEW24.
- Navier: Navier develops electric hydrofoil boats targeting premium recreational boaters with high-performance electric propulsion and software-enabled UX, closely aligned with Voltaic's premium consumer electric boat positioning.
Broad incumbents
- Hinckley Yachts: Hinckley Yachts is a long-established premium yacht builder that has introduced the all-electric Dasher model. As an incumbent in luxury boating with electrification efforts, it represents the broader competitive threat to Voltaic in premium consumer marine.
- Brunswick Corporation: Brunswick is a major marine OEM (parent of Sea Ray, Boston Whaler, Mercury Marine) pursuing electrification across its portfolio. As a broad incumbent, Brunswick represents both competitive pressure and a potential acquirer of platforms like Voltaic.
Emerging players
- Forza X1: Forza X1 is an emerging electric boat company developing integrated electric recreational boats with proprietary propulsion, similar stage to Voltaic and targeting overlapping consumer segments.
- Regent Craft: Regent Craft develops electric seagliders (wing-in-ground-effect vessels) for coastal passenger transport. While a different form factor, Regent shares Voltaic's maritime electric propulsion and dual-use commercial/defense positioning.
Market position
Strengths5 records
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights2 records
Customer concentration
Voltaic Marine social profiles
Digital presenceVoltaic Marine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Voltaic Marine leadership team
Management profileNumber of profiles
Profiles17 records
Voltaic Marine funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Voltaic Marine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Voltaic Marine
What does Voltaic Marine do?
Voltaic Marine designs and manufactures high-performance aluminum electric boats built around a patent-pending modular hull architecture, an integrated 300 kWh battery system, and a proprietary Vessel Control Unit developed with Garmin. The company sells the AEW24 consumer wake boat (starting at $350K) and the AEU39 defense platform to consumer/recreational buyers, commercial marine operators, and defense/national security customers through direct sales.
Is Voltaic Marine a public or private company?
Voltaic Marine is a private company. It is classified as venture growth investor backed and is currently operating.
When was Voltaic Marine founded?
Voltaic Marine was founded in 2023. It employs 1 to 10 people.
Where is Voltaic Marine based?
Voltaic Marine is headquartered in Beaverton, United States, in the North America region.
How does Voltaic Marine make money?
One revenue line is on record: electric Boat Sales.
Who are Voltaic Marine's main competitors?
Direct peers on record are Pure Watercraft, X Shore, Arc Boats, Vision Marine Technologies, Candela and Navier. Broad incumbents are Hinckley Yachts and Brunswick Corporation. Emerging players are Forza X1 and Regent Craft.
Does Voltaic Marine have an API?
No public API is recorded for Voltaic Marine.
What industry is Voltaic Marine in?
Voltaic Marine's product category is Electric Boats. Its primary akta.pro industry code is IMAJAEAK, Electric & Hybrid Leisure Craft Manufacturing, with a secondary code of IMAJAHAC, Marine Hybrid & Electric Propulsion Systems. Its NAICS code is 3366 and its SIC code is 3621.