Poseidon Marine H2 has released early-stage images of the finite element analysis its technical partner, Dynamic Efficiency, has engaged Avesta Consulting to conduct.
The finite element analysis will generate a computerised model that predicts how the company’s revolutionary marine technology will react to real-world hydrodynamic loads, impact forces and other physical effects.
Due to completion by the end of September, the finite element analysis will also allow the company to secure insurance certification from Bureau Veritas and a provisional patent, which will provide the basis to negotiate offtake agreements with large boat manufacturers.
Poseidon Marine H2 anticipates that it will be able to secure substantial contracts with defence forces, ferry operators, police bodies and other major maritime sectors worldwide.
Poseidon Marine H2 will begin building their prototype vessel in early 2023, which will be supported through its strategic partnership with Griffith University, which they expect to be in the water by Q3 2023.
Peter Mastalir, Poseidon Marine H2’s Director, said, “The initial results have shown that through our design, we will be able to build a better boat that has an equivalent operational range, requires less maintenance and is cheaper to run than traditional engines.”