CWS raises €12 million to scale its automated sail propulsion technology, signaling a strategic shift and commitment to sustainability in maritime transport.

Target Information

CWS, a pioneer in automated sail propulsion, has raised €12 million to accelerate the industrialization of its innovative technology. The funding coincides with the appointment of a new CEO and the signing of a first customer order, marking a significant strategic shift for the company.

The core technology developed by CWS utilizes computed wing sails, which consist of rigid, automated wings that can adjust their lift and orientation in real-time to optimize wind force utilization. The patented solution promises to reduce fuel consumption by 20% to 60%, depending on navigation conditions, and is compatible with both new and existing vessels. In 2023, CWS established its first factory in Saint-Nazaire for mass production of its flagship model, the Airfin350.

Industry Overview

The maritime transport sector is facing increasing scrutiny regarding its environmental impact, contributing nearly 3% of global CO₂ emissions. With growing pressure to decarbonize