EST-Floattech secures a €4 million investment to accelerate the development of its maritime battery systems, promoting sustainability in the shipping industry.

Target Information

EST-Floattech is a pioneering developer of maritime battery systems specializing in high-quality lithium-ion batteries for electric and hybrid propulsion. The company's product range is designed for various applications, including inland vessels, ferries, and yachts, significantly enhancing environmental performance by reducing CO2 emissions, fuel costs, noise pollution, and improving air quality. Through proprietary software integration, EST-Floattech's systems contribute to the sustainable transformation of the maritime sector.

As a major player in electrifying maritime transport, EST-Floattech responds to the industry's urgent need for green technologies. The recent €4 million investment from Energietransitiefonds Rotterdam and existing shareholders, including Rotterdam Port Fund, Ponooc, Yard Energy, and PDENH, marks a significant milestone in the company's growth strategy aimed at promoting sustainable maritime solutions.

Industry Overview in the Netherlands

The electrification of shipping holds considerable societal importance, as both inland and marine transport accounts for 16.5% of the Netherlands' total CO2 emissions. There is a clear trend towards increased goods transport by water in the coming years