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NavAlt

NavAlt

Over the past few years, NavAlt team has fixated on reducing the energy and resources required to build and operate modes of water transport. To do away with dependency on diesel-powered engine, we started experimenting with an electric boat, fitting it with photovoltaic panels. The resultant prototype entered the national Limca Book of Records for the 'Fastest Solar Boat in India'. But we found out that the boat was not economically viable. Annual revenue of the global water passenger transport sector compared to the Complete transportation sector. After another experiment with fishing boats, we decided to completely redesign a product, for an application which would fit in with the strengths of an electric powertrain powered by solar energy. After zeroing on passenger boats and ferries, we starting from scratch. We designed our boats and ferries to have low drag co-efficient. Using better design and advanced materials, we have reduced the weight of our products dramatically. Not only does the electric drivetrain along with Lithium battery energy storage reduce the operational expenditure drastically, it also negates the cost on the environment. Our ferries and boats have become self reliant (well, almost) with the utilization of solar PV modules on the roof. Now, we are building India's first solar powered ferry with a 75-passenger capacity, to be delivered to the Kerala state water transport department. In the process, we have achieved commercially viable solar-powered mode of transport. Over the next two years, we believe that the cost of solar-powered electric ferries and boats will further go down, completely overhauling a subset of the global water transport industry. We don't see a reason why someone will buy a diesel-powered ferry in the future.

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About NavAlt

Founded

2013

Estimated Revenue

$1M-$10M

Employees

51-250

Category

Sector

Industrials

Industry Group

Transportation

Industry

Transportation

SIC Code

44

NAICs Code

48

Location

City

Cochin

State

Kerala

Country

India
NavAlt

NavAlt

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