Investors have flocked to the Poseidon Marine H2 capital raise, allowing them to commission a finite element analysis of their designs, which takes them one step closer to having a hydrogen-powered boat in the water by Q3 2023.
The testing carried out by an independent company will provide Poseidon Marine H2 with a proof of concept for their technology that will allow boats to operate off multiple fuels including diesel and hydrogen.
Following this, they will be able 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.
With investors showing interest and limited shares available get in quick before the offer closes.