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Tectrax

Full company profile

uuid0004deg

Namestring
Tectrax
Legal namestring
Tectrax Limited
Websiteurl
tectrax.co.nz
Company typeenum
Private
Founded yearint
2017
Descriptiontext

Tectrax Limited is a New Zealand-based manufacturer of electric amphibious boat systems, headquartered in Auckland with 1-10 employees and founded in 2017. The company's core product is the Generation 2 Electric Amphibious System — a hydraulic-free architecture using 48V LifePO4 batteries, brushless DC hub motors, triple-seal technology, and patent-pending electric steering and deployment systems that allow a boat to drive on land for up to an hour and transition to water in under 30 seconds. Three patent-pending technologies (All Wheel Electric Drive / Awed, electric steering, electric deployment) underpin the platform and deliver published advantages including 4,000+ Nm of torque, 40% steeper gradient capability, and twice the manoeuvrability of prior systems.

Tectrax monetises hardware through two routes: (1) OEM integration of its amphibious system into boats built by named partners including Flyfin, Senator, McLay, White Pointer, Fenton, Cobra, Profile, StabiX, Assault Boats, and King Boats (K8000 launching September 2026); and (2) the Boat-Launcher product line launched publicly in May 2025, a trailer-mounted electric drive system priced from NZD$80,000+ that retrofits boat launching capability onto existing trailer boats. Boat-Launcher is sold direct from Auckland, through authorised dealers, and through trailer-manufacturer OEM partnerships spanning New Zealand (Marco), Australia (GFAB, SBS), and Europe (Van Claes), with active recruitment of dealers in South Africa and the USA.

The company operates as a subsidiary of Wave Propulsion Group following its March 2025 merger with electric propulsion peer ZeroJet, combining amphibious mobility, electric propulsion, and intelligent launch under one marine technology umbrella. Revenue is generated from hardware unit sales and supporting integration/warranty services; named customers include individual mid-market recreational boat owners in New Zealand (Coromandel, Mangawhai). The company received a NZ$2M seed round led by Movac in 2022 and smaller Callaghan Innovation grants, and currently identifies as New Zealand owned and operated with global reach via partners.

Short descriptiontext

Tectrax Limited, based in Auckland, New Zealand, designs and manufactures patent-pending electric amphibious systems (Generation 2) and the Boat-Launcher retrofit product line, selling through OEM boat builder and trailer manufacturer partnerships to recreational boaters, coastal property owners, yacht operators, and commercial marine customers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersAuckland, New Zealand
HQ citystring
Auckland
HQ countrystring
New Zealand
HQ regionstring
Oceania
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electric amphibious systems, boat launching systems, marine electric propulsion, amphibious boat technology, hydraulic-free drives
Industry3 codes
1Propulsion MRO, Spares & Field Service (Overhauls, retrofits, upgrades)
CodeIMAJAHANPrimaryNo
2Retrofits, Upgrades & Compliance Conversions (Scrubbers, BWTS, Alternative Fuels, Energy-Saving Devices)
CodeTLAHAMAIPrimaryNo
3Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting)
CodeIMAJAGAFPrimaryNo
NAICS code2 codes
  • Ship Building and Repairing336611
  • Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing334511
SIC code1 code
  • Engines & Turbines3510
Product category
Electric Marine Propulsion / Amphibious Boat Systems
Social media profiles3 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Electric Amphibious Systems
TypeHardware Sales
Description

Tectrax designs and manufactures electric amphibious systems that are integrated into boats by partner builders. The systems are factory-installed on respected boat brands including Flyfin, Senator, McLay, White Pointer, Fenton, Cobra, and King Boats. Revenue is generated from system sales to boat builders and direct to customers.

tectrax.co.nz
2Boat-Launcher Products
TypeHardware Sales
Description

The Boat-Launcher is sold as a standalone electric boat launching system starting from NZD$80,000+GST. Manufactured in New Zealand with aluminium builds, available in various models (2WD through 8-16WD) to accommodate boats from 4.5m to 10m and up to 7,000kg. Sold directly from Tectrax or through authorized dealers and trailer manufacturer partnerships globally.

tectrax.co.nz
3Boat Builder Integration Services
TypeProfessional Services
Description

Tectrax provides design and integration support, on-site training during first installation, testing and quality assurance, marketing support, and after-sales service coordination to boat builder partners. This creates ongoing revenue through partner collaboration.

tectrax.co.nz
4Warranty and After-Sales Support
TypeManaged Services
Description

Tectrax provides 3-year warranty on amphibious systems and 5-year battery warranty, with support for maintenance questions and training for boat builders.

tectrax.co.nz
Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales
Pricing details6 tiers
1Boat-Launcher 3WD - For boats 6-7m up to 3500kg GVM
ModelUnit PricingBilling cadencePay-as-you-go
Notes

System weight 700kg, 9000Nm torque, 16.2kWh battery, 8km range, 3-year system warranty, 5-year battery warranty

tectrax.co.nz
2Boat-Launcher 4WD - For boats 7.1-8m up to 4900kg GVM
ModelUnit PricingBilling cadencePay-as-you-go
Notes

System weight 500kg, 6000Nm torque, 10.8kWh battery, 9km range

tectrax.co.nz
3Boat-Launcher 6WD - For boats 8m+ up to 8000kg GVM
ModelUnit PricingBilling cadencePay-as-you-go
Notes

System weight 400kg, 4500Nm torque, 8.1kWh battery, 8km range

tectrax.co.nz
4Boat-Launcher 8-16WD - Custom systems for boats 10m+
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Custom systems available on request; higher torque and payload configurations

tectrax.co.nz
5Tectrax Electric Amphibious System - Integrated into partner boats
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Systems factory-installed on partner boats (Flyfin, Senator, McLay, White Pointer, Fenton, Cobra, King Boats). Price varies by boat model and configuration. Fits boats up to 4,000kg.

tectrax.co.nz
648V LifePO4 Battery
ModelUnit PricingBilling cadencePay-as-you-go
Notes

10-year warranty on battery, 2,000+ cycles at 80% depth of discharge

tectrax.co.nz
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1Boat-Launcher
Description

World's first fully electric, remote-controlled boat launching system that enables launch and retrieval without a tow vehicle

tectrax.co.nz
+1 more record
Core offering1 text field

Tectrax designs and manufactures electric amphibious drive systems that give boats wheels, enabling them to drive on land for up to an hour and transition to water in under 30 seconds. Its flagship offering is the patent-pending Generation 2 hydraulic-free electric amphibious system, which is factory-installed by boat builder partners (Flyfin, Senator, McLay, White Pointer, etc.). The company also sells Boat-Launcher, a standalone retrofittable electric boat launching system that attaches to existing trailers and is controlled wirelessly up to 500m away, with multiple wheel-drive configurations (3WD through 8-16WD) to suit boats from 4.5m to 10m+ and up to 7,000kg.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 9 values shown
  • 40% more torque than traditional amphibious systems
+8 more records
Product overview1 text field

Tectrax operates as a product portfolio company under Wave Propulsion Group, offering two distinct product lines: the Tectrax Electric Amphibious System (factory-installed on partner boat brands) and the Boat-Launcher™ (retrofittable to existing boats via trailer manufacturers). The core technology is a patent-pending, hydraulic-free Generation 2 electric system featuring triple-sealed axial flux motors, electric steering, and automated launch/land capability. Products serve recreational boaters, coastal property owners, yacht tender operators, and commercial marine operators. The company also maintains a sister brand, ZeroJet, focused on electric boat propulsion.

Product and service2 records
1Tectrax Electric Amphibious System
CategoryElectric amphibious boat drive system (hardware)
Description

Patent-pending electric amphibious drive system that gives boats wheels, allowing them to drive on land for up to an hour and transition to water in under 30 seconds. Factory-installed on partner boat brands (Flyfin, Senator, McLay, White Pointer, Fenton, Cobra, King Boats, etc.). Features triple-sealed axial flux motors producing over 4,000Nm of torque, electric steering, E-Joystick control, 5-inch touchscreen display, 48V LifePO4 batteries and automated launch/land. Fits boats up to 4,000kg with no compromise on deck space.

2Boat-Launcher
CategoryElectric boat launching/retrieval system (hardware)
Description

Standalone electric boat launching system that attaches to existing boat trailers, enabling one-person launch and retrieval via wireless remote control from up to 500m away without modifications to the vessel. Available in multiple wheel-drive configurations (3WD, 4WD, 6WD and custom 8-16WD) to accommodate boats from 4.5m to 10m+ and up to 7,000kg. Manufactured in New Zealand, starting from NZD$80,000+GST, distributed through authorized dealers and trailer manufacturer partners globally.

Scale indicator12 records

Each record includes

Type, Value, Description, Source

Partnership16 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-03-01
Description

ZeroJet and Tectrax completed their merger in March 2025, forming Wave Propulsion Group alongside Boat-Launcher. ZeroJet brings electric propulsion technology, creating an integrated marine technology ecosystem combining electric propulsion, amphibious mobility, and intelligent launch systems.

2Wave Propulsion Group
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Parent company structure encompassing Tectrax, ZeroJet, and Boat-Launcher as an integrated marine technology group focused on electric propulsion and amphibious systems.

tectrax.co.nz
3Assault Boats (New Zealand)
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Amphibious Build Partner in New Zealand integrating Tectrax electric amphibious systems into their boat builds.

tectrax.co.nz
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Amphibious Build Partner in the United Kingdom integrating Tectrax systems into Cobra Ribs products including the Terramar T8 amphibious vessel.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Amphibious Build Partner offering Flyfin HT Amphibious boats with factory-installed Tectrax systems. Also supplies aluminium trailers.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Amphibious Build Partner offering McLay 741 Raptor with Tectrax electric amphibious system. Wheels retract fully within the hull.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Amphibious Build Partner integrating Tectrax systems into Profile Boats products.

8StabiX (New Zealand)
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Amphibious Build Partner offering specialized amphibious boat solutions in New Zealand.

tectrax.co.nz
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Amphibious Build Partner offering White Pointer T-Rex 780 with Tectrax amphibious technology, maintaining full cabin space.

10King Watercraft (New Zealand)
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Amphibious Build Partner in New Zealand with King Boats K8000 amphibious model launching September 2026.

tectrax.co.nz
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Boat-Launcher Build Partner in Australia integrating Tectrax amphibious technology into trailer builds for the Australian market.

12Marco Boats (New Zealand)
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Boat-Launcher Build Partner manufacturing and supplying Boat-Launcher systems in New Zealand.

tectrax.co.nz
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Boat-Launcher Build Partner in Australia integrating Tectrax technology into trailer manufacturing.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Official Boat-Launcher Build Partner in Europe, bringing amphibious launching technology to European markets.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Tectrax is actively seeking trailer manufacturer partnerships globally to expand Boat-Launcher distribution. Currently partnered with manufacturers in New Zealand, Australia, and Europe with plans to expand to USA and South Africa.

16Authorised Dealers (Global)
Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Tectrax is actively seeking authorized dealers globally to distribute the NZ-made Boat-Launcher. Looking for partners in South Africa and USA specifically.

tectrax.co.nz
Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

New Zealand-based pioneer and global leader in amphibious boats, offering both hydraulic and electric amphibious drive systems for recreational and commercial use. Direct competitor to Tectrax in the powered-amphibious recreational segment, particularly in NZ and Australia.

TypeDirect peer
Description

French builder of amphibious superyacht tenders (Iguana 29, 43, 50) using retractable hydraulic track systems. Directly comparable on target market (yacht owners wanting beach access) and overlapping OEM distribution through yacht dealers.

TypeDirect peer
Description

New Zealand builder of amphibious RIBs and tenders using wheel-based drive systems. Competitor in the same NZ recreational amphibious niche and shares the Oceania dealer ecosystem.

TypeDirect peer
Description

UK/US-based developer of high-speed amphibious vehicles (Quadski, Phibian) using retractable wheel systems. Comparable on the core technology concept of retractable wheels enabling land-water transition, though focused more on personal watercraft than boats.

TypeEmerging player
Description

New Zealand electric boat propulsion developer that merged with Tectrax in March 2025 to form Wave Propulsion Group. Sister company under the same parent, providing complementary electric propulsion technology for the same marine electrification thesis.

TypeBroad incumbent
Description

Swedish premium electric hydrofoil boat maker targeting recreational buyers wanting quiet, emission-free boating. Overlaps with Tectrax on the broader marine electrification trend and the recreational owner demographic, though without amphibious capability.

TypeBroad incumbent
Description

Swedish electric boat maker producing premium electric recreational vessels. Broadly comparable as an established electric boat incumbent pursuing the same premium recreational electrification customer, though not amphibious.

TypeBroad incumbent
Description

Swiss heritage manufacturer of premium electric and combustion recreational boats since the 1950s. Comparable as a high-end electric recreational boat maker with strong craftsmanship positioning, but not amphibious.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Tectrax

Electric Marine Propulsion / Amphibious Boat Systemstectrax.co.nz

Tectrax Limited, based in Auckland, New Zealand, designs and manufactures patent-pending electric amphibious systems (Generation 2) and the Boat-Launcher retrofit product line, selling through OEM boat builder and trailer manufacturer partnerships to recreational boaters, coastal property owners, yacht operators, and commercial marine customers.

What Tectrax does

Tectrax Limited is a New Zealand-based manufacturer of electric amphibious boat systems, headquartered in Auckland with 1-10 employees and founded in 2017. The company's core product is the Generation 2 Electric Amphibious System — a hydraulic-free architecture using 48V LifePO4 batteries, brushless DC hub motors, triple-seal technology, and patent-pending electric steering and deployment systems that allow a boat to drive on land for up to an hour and transition to water in under 30 seconds. Three patent-pending technologies (All Wheel Electric Drive / Awed, electric steering, electric deployment) underpin the platform and deliver published advantages including 4,000+ Nm of torque, 40% steeper gradient capability, and twice the manoeuvrability of prior systems.

Tectrax monetises hardware through two routes: (1) OEM integration of its amphibious system into boats built by named partners including Flyfin, Senator, McLay, White Pointer, Fenton, Cobra, Profile, StabiX, Assault Boats, and King Boats (K8000 launching September 2026); and (2) the Boat-Launcher product line launched publicly in May 2025, a trailer-mounted electric drive system priced from NZD$80,000+ that retrofits boat launching capability onto existing trailer boats. Boat-Launcher is sold direct from Auckland, through authorised dealers, and through trailer-manufacturer OEM partnerships spanning New Zealand (Marco), Australia (GFAB, SBS), and Europe (Van Claes), with active recruitment of dealers in South Africa and the USA.

The company operates as a subsidiary of Wave Propulsion Group following its March 2025 merger with electric propulsion peer ZeroJet, combining amphibious mobility, electric propulsion, and intelligent launch under one marine technology umbrella. Revenue is generated from hardware unit sales and supporting integration/warranty services; named customers include individual mid-market recreational boat owners in New Zealand (Coromandel, Mangawhai). The company received a NZ$2M seed round led by Movac in 2022 and smaller Callaghan Innovation grants, and currently identifies as New Zealand owned and operated with global reach via partners.

Tectrax firmographics

Firmographics
Name
Tectrax
Legal name
Tectrax Limited
Website
https://tectrax.co.nz
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
1–10 employees
Short description
Tectrax Limited, based in Auckland, New Zealand, designs and manufactures patent-pending electric amphibious systems (Generation 2) and the Boat-Launcher retrofit product line, selling through OEM boat builder and trailer manufacturer partnerships to recreational boaters, coastal property owners, yacht operators, and commercial marine customers.
Ownership category
akta.pro rank

Where Tectrax is headquartered

Location

Headquarters

HQ city
Auckland
HQ country
New Zealand
HQ region
Oceania

Offices2 records

Markets served

Tectrax business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales

Revenue model

  1. Electric Amphibious Systems: Tectrax designs and manufactures electric amphibious systems that are integrated into boats by partner builders. The systems are factory-installed on respected boat brands including Flyfin, Senator, McLay, White Pointer, Fenton, Cobra, and King Boats. Revenue is generated from system sales to boat builders and direct to customers.
  2. Boat-Launcher Products: The Boat-Launcher is sold as a standalone electric boat launching system starting from NZD$80,000+GST. Manufactured in New Zealand with aluminium builds, available in various models (2WD through 8-16WD) to accommodate boats from 4.5m to 10m and up to 7,000kg. Sold directly from Tectrax or through authorized dealers and trailer manufacturer partnerships globally.
  3. Boat Builder Integration Services: Tectrax provides design and integration support, on-site training during first installation, testing and quality assurance, marketing support, and after-sales service coordination to boat builder partners. This creates ongoing revenue through partner collaboration.
  4. Warranty and After-Sales Support: Tectrax provides 3-year warranty on amphibious systems and 5-year battery warranty, with support for maintenance questions and training for boat builders.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goBoat-Launcher 3WD - For boats 6-7m up to 3500kg GVM
Unit PricingPay-as-you-goBoat-Launcher 4WD - For boats 7.1-8m up to 4900kg GVM
Unit PricingPay-as-you-goBoat-Launcher 6WD - For boats 8m+ up to 8000kg GVM
Unit PricingPay-as-you-goBoat-Launcher 8-16WD - Custom systems for boats 10m+
Unit PricingPay-as-you-goTectrax Electric Amphibious System - Integrated into partner boats
Unit PricingPay-as-you-go48V LifePO4 Battery

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Tectrax product offering

Product offering

Core offering

Tectrax designs and manufactures electric amphibious drive systems that give boats wheels, enabling them to drive on land for up to an hour and transition to water in under 30 seconds. Its flagship offering is the patent-pending Generation 2 hydraulic-free electric amphibious system, which is factory-installed by boat builder partners (Flyfin, Senator, McLay, White Pointer, etc.). The company also sells Boat-Launcher, a standalone retrofittable electric boat launching system that attaches to existing trailers and is controlled wirelessly up to 500m away, with multiple wheel-drive configurations (3WD through 8-16WD) to suit boats from 4.5m to 10m+ and up to 7,000kg.

Product overview

Tectrax operates as a product portfolio company under Wave Propulsion Group, offering two distinct product lines: the Tectrax Electric Amphibious System (factory-installed on partner boat brands) and the Boat-Launcher™ (retrofittable to existing boats via trailer manufacturers). The core technology is a patent-pending, hydraulic-free Generation 2 electric system featuring triple-sealed axial flux motors, electric steering, and automated launch/land capability. Products serve recreational boaters, coastal property owners, yacht tender operators, and commercial marine operators. The company also maintains a sister brand, ZeroJet, focused on electric boat propulsion.

Differentiator

Problem solved

Functional benefit

Brands

  • Boat-Launcher: World's first fully electric, remote-controlled boat launching system that enables launch and retrieval without a tow vehicle
  • All Wheel Electric Drive (Awed™)

Products and services

  • Tectrax Electric Amphibious System Patent-pending electric amphibious drive system that gives boats wheels, allowing them to drive on land for up to an hour and transition to water in under 30 seconds. Factory-installed on partner boat brands (Flyfin, Senator, McLay, White Pointer, Fenton, Cobra, King Boats, etc.). Features triple-sealed axial flux motors producing over 4,000Nm of torque, electric steering, E-Joystick control, 5-inch touchscreen display, 48V LifePO4 batteries and automated launch/land. Fits boats up to 4,000kg with no compromise on deck space.
  • Boat-Launcher Standalone electric boat launching system that attaches to existing boat trailers, enabling one-person launch and retrieval via wireless remote control from up to 500m away without modifications to the vessel. Available in multiple wheel-drive configurations (3WD, 4WD, 6WD and custom 8-16WD) to accommodate boats from 4.5m to 10m+ and up to 7,000kg. Manufactured in New Zealand, starting from NZD$80,000+GST, distributed through authorized dealers and trailer manufacturer partners globally.

Quantifiable outcome

  • 40% more torque than traditional amphibious systems
  • +8 more outcomes

Companies that use Tectrax

Customer profile

Named customers3 records

Segments7 records

Ideal customer profiles4 records

Tectrax technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

Tectrax partnerships and signals

Strategic signal

Partnerships

16 partnerships are on record, tiered core and minor.

  • ZeroJetcoreStrategic or Co-development Partner · 1 March 2025ZeroJet and Tectrax completed their merger in March 2025, forming Wave Propulsion Group alongside Boat-Launcher. ZeroJet brings electric propulsion technology, creating an integrated marine technology ecosystem combining electric propulsion, amphibious mobility, and intelligent launch systems.
  • Wave Propulsion GroupcoreStrategic or Co-development PartnerParent company structure encompassing Tectrax, ZeroJet, and Boat-Launcher as an integrated marine technology group focused on electric propulsion and amphibious systems.
  • Assault Boats (New Zealand)coreChannel Partner/ Reseller/ DistributorOfficial Amphibious Build Partner in New Zealand integrating Tectrax electric amphibious systems into their boat builds.
  • Cobra Ribs (United Kingdom)coreChannel Partner/ Reseller/ DistributorOfficial Amphibious Build Partner in the United Kingdom integrating Tectrax systems into Cobra Ribs products including the Terramar T8 amphibious vessel.
  • Flyfin (New Zealand)coreChannel Partner/ Reseller/ DistributorOfficial Amphibious Build Partner offering Flyfin HT Amphibious boats with factory-installed Tectrax systems. Also supplies aluminium trailers.
  • McLay (New Zealand)coreChannel Partner/ Reseller/ DistributorOfficial Amphibious Build Partner offering McLay 741 Raptor with Tectrax electric amphibious system. Wheels retract fully within the hull.
  • Profile Boats (New Zealand)coreChannel Partner/ Reseller/ DistributorOfficial Amphibious Build Partner integrating Tectrax systems into Profile Boats products.
  • StabiX (New Zealand)coreChannel Partner/ Reseller/ DistributorOfficial Amphibious Build Partner offering specialized amphibious boat solutions in New Zealand.
  • White Pointer (New Zealand)coreChannel Partner/ Reseller/ DistributorOfficial Amphibious Build Partner offering White Pointer T-Rex 780 with Tectrax amphibious technology, maintaining full cabin space.
  • King Watercraft (New Zealand)coreChannel Partner/ Reseller/ DistributorOfficial Amphibious Build Partner in New Zealand with King Boats K8000 amphibious model launching September 2026.
  • GFAB Trailers (Australia)coreChannel Partner/ Reseller/ DistributorOfficial Boat-Launcher Build Partner in Australia integrating Tectrax amphibious technology into trailer builds for the Australian market.
  • Marco Boats (New Zealand)coreChannel Partner/ Reseller/ DistributorOfficial Boat-Launcher Build Partner manufacturing and supplying Boat-Launcher systems in New Zealand.
  • SBS Trailers (Australia)coreChannel Partner/ Reseller/ DistributorOfficial Boat-Launcher Build Partner in Australia integrating Tectrax technology into trailer manufacturing.
  • Van Claes (Europe)coreChannel Partner/ Reseller/ DistributorOfficial Boat-Launcher Build Partner in Europe, bringing amphibious launching technology to European markets.
  • Trailer Manufacturers (Global)minorChannel Partner/ Reseller/ DistributorTectrax is actively seeking trailer manufacturer partnerships globally to expand Boat-Launcher distribution. Currently partnered with manufacturers in New Zealand, Australia, and Europe with plans to expand to USA and South Africa.
  • Authorised Dealers (Global)minorChannel Partner/ Reseller/ DistributorTectrax is actively seeking authorized dealers globally to distribute the NZ-made Boat-Launcher. Looking for partners in South Africa and USA specifically.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Tectrax competitors and assessment

Company assessment

Direct peers

  • Sealegs International: New Zealand-based pioneer and global leader in amphibious boats, offering both hydraulic and electric amphibious drive systems for recreational and commercial use. Direct competitor to Tectrax in the powered-amphibious recreational segment, particularly in NZ and Australia.
  • Iguana Yachts: French builder of amphibious superyacht tenders (Iguana 29, 43, 50) using retractable hydraulic track systems. Directly comparable on target market (yacht owners wanting beach access) and overlapping OEM distribution through yacht dealers.
  • Hyside Marine: New Zealand builder of amphibious RIBs and tenders using wheel-based drive systems. Competitor in the same NZ recreational amphibious niche and shares the Oceania dealer ecosystem.
  • Gibbs Technologies: UK/US-based developer of high-speed amphibious vehicles (Quadski, Phibian) using retractable wheel systems. Comparable on the core technology concept of retractable wheels enabling land-water transition, though focused more on personal watercraft than boats.

Emerging players

  • ZeroJet: New Zealand electric boat propulsion developer that merged with Tectrax in March 2025 to form Wave Propulsion Group. Sister company under the same parent, providing complementary electric propulsion technology for the same marine electrification thesis.

Broad incumbents

  • Candela Speed Boat: Swedish premium electric hydrofoil boat maker targeting recreational buyers wanting quiet, emission-free boating. Overlaps with Tectrax on the broader marine electrification trend and the recreational owner demographic, though without amphibious capability.
  • X Shore: Swedish electric boat maker producing premium electric recreational vessels. Broadly comparable as an established electric boat incumbent pursuing the same premium recreational electrification customer, though not amphibious.
  • Boesch Motorboote: Swiss heritage manufacturer of premium electric and combustion recreational boats since the 1950s. Comparable as a high-end electric recreational boat maker with strong craftsmanship positioning, but not amphibious.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Tectrax social profiles

Digital presence

Tectrax financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Tectrax leadership team

Management profile

Number of profiles

Profiles1 record

Tectrax funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors2 records

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

Tectrax M&A and investment

M&A and investment

M&A1 record

Investments

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

Frequently asked questions about Tectrax

What does Tectrax do?

Tectrax designs and manufactures electric amphibious drive systems that give boats wheels, enabling them to drive on land for up to an hour and transition to water in under 30 seconds. Its flagship offering is the patent-pending Generation 2 hydraulic-free electric amphibious system, which is factory-installed by boat builder partners (Flyfin, Senator, McLay, White Pointer, etc.). The company also sells Boat-Launcher, a standalone retrofittable electric boat launching system that attaches to existing trailers and is controlled wirelessly up to 500m away, with multiple wheel-drive configurations (3WD through 8-16WD) to suit boats from 4.5m to 10m+ and up to 7,000kg.

Is Tectrax a public or private company?

Tectrax is a private company. It is classified as corporate owned and is currently operating.

When was Tectrax founded?

Tectrax was founded in 2017. It employs 1 to 10 people.

Where is Tectrax based?

Tectrax is headquartered in Auckland, New Zealand, in the Oceania region.

How does Tectrax make money?

Four revenue lines are on record. Electric Amphibious Systems are the primary driver. The others are boat-Launcher Products, boat Builder Integration Services and warranty and After-Sales Support.

Who are Tectrax's main competitors?

Direct peers on record are Sealegs International, Iguana Yachts, Hyside Marine and Gibbs Technologies. ZeroJet is listed as an emerging player. Broad incumbents are Candela Speed Boat, X Shore and Boesch Motorboote.

Does Tectrax have an API?

No public API is recorded for Tectrax.

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BoatingnzAre self-driving boats the future of recreational boating?Autonomous boat technology for recreational boating is emerging with systems like Simrad's AutoCaptain and Avikus Neuboat Control now on the market, offering situational autonomy for docking and maneuvering rather than full self-driving capability. The technology targets stressful situations boaties face, but New Zealand currently lacks specific recreational boating regulations for these systems despite active local development from companies like Tectrax and research from Earth Sciences New Zealand. As autonomous systems move from niche to mainstream, industry observers expect regulations to follow, though cost and limited availability remain barriers to adoption.BoatingnzZeroJet and Tectrax merger: What it meansZeroJet and Tectrax have merged to combine electric jet propulsion with amphibious drive systems, creating a unified entity focused on sustainable marine technology. The new leadership team aims to develop integrated solutions that allow boats to launch from beaches and operate silently and emission-free.PowerboatmagazineZEROJET AND TECTRAX COMPLETE MERGER AND ANNOUNCE NEW SENIOR LEADERSHIP TEAMNew Zealand-based marine technology companies ZeroJet and Tectrax have completed their merger, combining electric jet propulsion and amphibious drive systems under a single combined entity. James Morton has been appointed as CEO, with Chris Baird and Leisha Burrows taking on key sales leadership roles to expand market reach in New Zealand and Australia.MarinebusinessZeroJet and Tectrax announce mergerNew Zealand electric marine technology firms ZeroJet and Tectrax have announced a merger expected to be finalised by December 2024, combining ZeroJet's 48V electric jet propulsion with Tectrax's electric amphibious solutions. The combined entity will use shared technologies, supply chains and sales channels to become a global supplier of electric marine systems.YachtingventuresZeroJet and Tectrax merging to form a new electric marine powerhouseNew Zealand electric marine technology firms ZeroJet and Tectrax have announced a merger expected to be finalised by December 2024, combining ZeroJet's 48V electric propulsion with Tectrax's amphibious solutions. The combined company will offer an expanded product portfolio and leverage shared supply chains and sales channels. The article cites electric marine growth rates of 7.5% to 12% annually.ScoopZeroJet And Tectrax Merging To Form A New Electric Marine PowerhouseNew Zealand electric marine innovators ZeroJet and Tectrax announced a merger expected to be finalised by December 2024, combining ZeroJet's 48V electric jet propulsion with Tectrax's amphibious boat systems. The combined entity will offer an expanded product portfolio and leverage shared supply chains and sales channels. The article cites electric marine growth rates of 7.5% to 12% annually.MovacInvestment notes - TectraxMovac has led a $2 million seed investment round in Tectrax, a company developing electronic amphibious systems for the recreational boat market. The technology allows boats to be driven directly from land to water, addressing logistical challenges and aligning with broader electrification trends in transport. This funding supports Tectrax's global expansion strategy through partnerships with New Zealand boat manufacturers.