Poseidon Marine H2 has opened to investors via the online trading platform VCEX to build a versatile marine technology that will allow boats to operate off multiple fuels, including hydrogen and diesel.
This will enable customers and manufacturers to purchase their proprietary technology — due to be patented in August 2022 — that operates off current fuels and a carbon-free alternative when the infrastructure is in place.
The registered IP will be used to form licensing agreements with large manufacturers and industrial/public contracts with defence forces, ferry operators, police bodies and other major maritime sectors around the world.
Once they have a proof of concept in Q3 2023, the company will seek to commercialise their product via a planned public listing in February 2024.
Read their investor presentation to see how they plan to achieve this or go straight to VCEX so you do not miss out on this pre-IPO opportunity!