Electric Speedboat & Hollywood Interest

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 Arc's E-Speedboat with Zero Emissions




                                            Source:  Arc

Actor Will Smith & Rapper Diddy Combs Think It's a Hot Investment

Gas-powered speedboats are notorious for their polluting carbon emissions.  A new electric powered, zero emissions speedboat appears to be a very attractive alternative and it is attracting Hollywood entertainment stars' attention.  Los Angeles-based marine startup Arc is attracting big Hollywood stars like actor Will Smith and rapper Sean Diddy Combs as investors in its electric, zero emissions speedboat.  Smith's Dreamers VC, Combs' Combs Enterprises and basketball star Kevin Durant have all jumped onboard as strategic investors.  They join Eclipse Ventures' Greg Reichow, who helped fund the launch of Tesla.  They have pushed the startup's funding to more than $30 million out of the box.   The company is less than a year old.

E-Speedboat is Loaded with New Technologies

Arc's first electric speedboat, Arc One, is now in production.  The 24-foot boat's electric powertrain and 200 kWh dual battery pump- out 475 hp and can hit speeds of 35 knots or 40 mph.  The range on a charge is up to 5 hours.  The e-speedboat is loaded with new technologies, including integrated smart tech for seamless boating.  There is also a 15" touchscreen that showcases the boat's software and provides over the air technological updates.  

Aerospace Design Influence

Virtually all of the leading engineers on Arc One are former SpaceX aerospace engineers. The influence of their rocket design expertise is evident in Arc One's lightweight, marine grade aluminum body designed for speed and efficiency.  The speedboat can hold ten people.  It is priced at $300,000, can be reserved for $1,000 and is being offered as a limited edition.  The company intends to widen-out its fleet to include various, more affordable models to compete directly against gas-powered, heavy polluting speedboats. A new electric speedboat by Arc is expected to be launched by the end of 2022 with a price in the $150,000 to $200,000 range.  

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