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Poseidon Marine H2 Is on Track to Having Marine Tech Underwritten by Insurers

The Poseidon Marine H2 Directors are taking their insurance certification consultants to see the progress of the finite element analysis, which is due to be completed by the end of August 2022.

The finite element analysis will generate a computerised model that predicts how their revolutionary marine tech will react to real-world forces, vibration, heat, fluid flow and other physical effects.
This will provide insurers with enough information to underwrite the technology, which will make their product commercially accessible & viable to potential customers.
Poseidon Marine H2 believe they will be able to accelerate this process by allowing the insurance certification consultants to see the progress of the analysis so they can provide feedback on what will be required for approval ahead of time.
The completion of the testing will also allow the company to get a provisional patent and third-party validation of their proof of concept, while also ensuring their product meets or exceeds current standards of manufacturing/compliance.
The company says there is already strong market interest for their versatile technology that can operate on multiple fuels, including hydrogen and diesel, which will allow customers to operate on current and future refuelling infrastructure.
Once they have a working boat in Q3 2023, the company will seek to commercialise their product via a planned public listing in early 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!
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