Navier Secures $100 Million Contract to Supply 100 Electric Boats to Maldives

Navier signed a contract with JIH Global Investment of Dubai to deliver 100 zero-emissions vessels to the Maldives for a total value of $100 million. U.S. dollars per boat, and establishes what the companies describe as a software-driven sustainable maritime corridor linking airports, resorts, private villas, and local islands.

The Maldives is an archipelago in the Arabian Sea where it meets the Indian Ocean, just south of the southern tip of India and just west of Sri Lanka. Sampriti Bhattacharyya, founder and CEO of Navier, said the Maldives is one of the most important maritime transportation markets in the world.

"Nearly every guest, every worker, every resort, and every island depends on boats or seaplanes," Bhattacharyya said.

" "We are not just deploying boats. We are building the first sustainable luxury transportation network on water," she added. Mohamed Ali Janah, Chairman of JIH, said the project has the potential to build not only a cleaner, more seamless network connecting airports, resorts, villas, and islands, but a scalable blueprint for sustainable maritime transportation, extending beyond the Maldives to island nations and coastal cities around the world.

Navier refers to the vessels as water taxis. The N30 boats include lounge seating, seaside air conditioning, luxury seating, Starlink satellite system connectivity, and hydrofoils for a smoother ride. The company states that intuitive systems make the N30 effortless to drive and maintain, and that the boats produce no engine noise or fumes and create a quieter, smoother, lower-wake experience than traditional powerboats.