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BUILT FOR LIFE ON THE WATER
At Caudwell Marine we believe that life is best spent on the water and respect others who feel the same.
With a unique, integrated approach we are creating exciting, responsive and dependable propulsion and steering products for boats and redefining the marine experience. READ MORE…
TOP 10 REASONS WHY PRODUCT DEVELOPMENT PROJECTS FAIL
The sole purpose of product development is to generate a positive return on investment. Consequently, it is interesting to note that more than 70% of product development projects fail to produce a positive return on investment. Product Development is risky and always requires some trial and error. However, great companies continuously improve, and product development is certainly an area where opportunities for improvement abound. It is important to treat product development failures the same as other challenges in business. It is essential to understand what went wrong, why it went wrong, and what can be done to prevent it from going wrong next time.
Evoy electric boat motors charge up with €7.3M funding round
Smiles all around as Evoy electric boat motors of Norway is the latest e-marine company to announce a successful funding round: €7.3 million Euros (US$ 7.66M) slated for development, research and expanding markets for their high performance electric inboard and outboard systems.
New crowdfunding campaign for UK electric boat company Pixii
UK electric boat company Pixii has launched a crowdfunding equity campaign on the Seedrs platform with a goal of £350,000 (≈ $US8M). As of this writing the campaign has already reached 87% of that goal, with 30 days remaining until the May 31 finish. Equity crowdfunding campaigns are a fairly recent development and mean that participants purchase shares and ownership in the company, rather than just getting a deal on the launch of the product or other incentive.
Volvo Penta Launches First of a Kind, Hybrid-Electric Vessel
Volvo Penta, Marell Boats, and Arctic tourism operator Hurtigruten Svalbard have launched a new ground-breaking Volvo Penta-powered hybrid-electric vessel, the technology for which could make big waves in the leisure sector Volvo Penta, Marell Boats, and Arctic tourism operator Hurtigruten Svalbard have launched what is being billed as a ground-breaking Volvo Penta-powered hybrid-electric vessel. Designed for exploration in the heart of the Arctic, the vessel is now in operation for sightseeing tours in Svalbard during the high season (May-October).
