New crowdfunding for DeepSpeed electric hydrojet motor
Update on electric hydrojet motor crowdfunding. The fund has hit € 1.2M as of Friday, December 4 – only three days into the campaign. That is 400% over the minimum target and well over halfway to the €2M final goal. In fact the investment so far is larger than that – about € 1.5M – but there is a lag between subscribing and payment reporting. The DeepSpeed motor first came to public attention at the 2019 Genoa Boat Show when crowds were intrigued by the look of their Number 10 prototype. Traditional hydrojets are placed inside the boat, but the DeepSpeed is an outboard.