From 4,500 applications Bound4Blue has been named one of the 6 Aeronautics track Finalists competing to win at the Hello Tomorrow Global Summit that will take place in Paris on March 14-15.
bound4blue has developed an innovative wingsail system to be integrated onto a wide range of vessels. The system has been conceived as a complementary propulsion system, which produces effective thrust from existing winds, reducing the main engine power required and, therefore, delivering fuel consumption and pollutant emissions reductions of up to 40%.
The integration of the foldable system ensures a payback period under 5 years, it does not reduce the available cargo volume and does not require an additional crew, offering a complete solution to the maritime industry challenges.
The Hello Tomorrow Global Challenge is a worldwide renowned science & technology startup competition designed specifically to address the needs of deeptech entrepreneurs across several different industries and technologies. The Challenge was created in 2013 by deeptech entrepreneur Xavier Duportet and Arnaud De La Tour, at the time both PhD students, who realised that the resources needed to propel emerging technologies were different from those of traditional web and mobile innovations.
The Challenge gives scientists and deeptech entrepreneurs around the globe a platform for their research and projects, providing equity-free prize money as well as other funding opportunities, global visibility and connections with key players in the deeptech innovation network.