The main innovative feature of the wFoil concept is the layout of the hydrofoils. Based on past experience, research and aeronautical knowledge, Mr Tomaž Zore and the wFoil Group started thinking outside the box and developed a completely new concept of the installation and shape of the hydrofoils.
V Navtik Ltd. is planning to produce leisure/sport boats and hydroplanes on the basis of the wFoil concept. (up to 50ft.) The boats/planes will be high-end rated, constructed of top quality material, being both excellent and unique in design.
The wFoil 18 Albatross Prototype was successfully tested on March 21th, 2012, in Portorož, Slovenia (see Video).
We are preparing:
- to upgrade the design and construction of the series ZERO (based on the testing experience with our Albatross prototype). In comparison with our Albatross prototype the Zero series boats will become genuine “Sea Stars”
- a detailed business plan which will be finished in one month time or together with potential investor
- a plan, schedule and logistics for fall sea testing
- We also reached agreement in principle to set up a testing center and later an area for the construction of production halls in the municipality of Izola, Slovenia.
- to present the wFoil project on Kick starter (most famous crowd founding web page for creative projects). By doing so we will expand our pool of possibilities to collect funds to design, make and prepare the wFoil 18 Albatross for production. This will be an excellent marketing activity especially for the US.
- the wFoil Group to go from operating on voluntary basis to upgrading it to a professional level.
We have also participated in an annual design competition to which the NY web portal and magazine Fast Co Design invited us. The results have yet to be published, but nevertheless an intriguing article about us and our project is already available on their web page with more than 6.5 M clicks per month. For more detailed information and interesting links about us, please visit our Facebook page.
Presently we are also scouting for suitable people in charge of our selling networks on our main markets.
With the “W” setting of the hydrofoils we made the perfect platform to create hydrofoil vessels of all sizes and for various purposes. We can use them in making boats of different shapes, sizes and for different purposed (for private use, sports and rescue boats). We can even use the wFoil concept for military boats. Thanks to the technical design and modular structure the wFoil project has every chance to excel in the area of developing sailing boats, area of developing motor boats on fuel or electricity (low drag – low power needed) and in the aeronautical field with the wFoil hydroplane.
From the developing point of view our final goal is to create a hybrid between the wFoil vessel and the wFoil hydroplane. With such a vessel/plane we would be able to take off and land in rough seas as well. Can you imagine the usability of such machine for rescue, police and military operations? How about creating a new adrenaline sport competition, or just privately enjoying the smooth flying on the water, traveling without disturbing waves?
We have much more information and data regarding the wFoil concept as we are willing to show the public, such as making boats able to set the world speed sailing record (picture on the website is symbolic). The complete pack of data which we accumulated during testing program (R/C models), concept and designs of different models (motor and sailing vessels) such as: wFoil18, wFoil10, wFoil40, wFoil hydroplane, hybrid between wFoil vessel and wFoil hydroplane – all that and more will be presented only to our potential strategic partner.
Budget / Total Cost
Financial projection is made for investment of 7M €.(First stage 1,5M €; Second stage 5,5M €) This is optimal number to become world leading trend setter for hydrofoil vessels and on nautical market in general.
Investment return period is made for 5 years but for investor the longer period would be more profitable. In first two years we will spend a lot of money for setting up the R/D facilities and for production facilities.
The average return on sales would be 20%+.
This is the first and the only setting of hydrofoils of this sort in the world. The wFoil concept upgrades the capabilities of the known hydrofoil vessels. The vessels under sail or motor using the wFoil concept require lower speed to separate the hull of the vessel from the water surface. Thus they will be able to reach higher top speeds - its aim is to exceed the magical 60 knots – and will be more agile and stable than any previously known hydrofoil boat. In addition, it will be easy to maneuver – the ride will be safe and fast even on the rough seas. Due to the lower drag the wFoil concept is more economical (fuel consumption) and ecological than other hydrofoil concepts. As such it allows the construction of economical and green-oriented motor vessel.
For more informations you can download complete document from: http://ftp.kotlovnica.si/wFoil_in/