The Overboat, designed by Néocean, left its mark on the nautical sector with its innovation. Despite the company's liquidation, the patents for the electric, flying catamaran were bought back, offering a glimmer of hope for this cutting-edge technology.
A revolutionary catamaran, but no market?
Launched in 2019, the Overboat stands out for its surprising features. This eco-responsible catamaran, designed in collaboration with the University of Montpellier and the Nîmes IUT, combines innovation and sustainability. Thanks to its self-regulating foil system, it reaches a maximum speed of 28 km/h while maintaining optimum stability. Its electric motor ensures silent, environmentally-friendly navigation - an interesting alternative to traditional sea scooters, which are often noisy and polluting.
Advantages and disadvantages of self-regulating foils
Self-regulating foils, though revolutionary, present technical challenges. Their ability to lift the boat above the water reduces drag and improves fuel efficiency. However, their complexity requires regular maintenance and technical expertise to ensure optimal operation. Despite these constraints, the benefits in terms of performance and sailing comfort are undeniable.
An unfavorable economic environment
Despite an innovative product and international orders, Néocean was hit hard by the health crisis and logistical disruptions. Delays in the delivery of electronic components and rising raw material prices, exacerbated by the conflict in Ukraine, hampered production. Although the company raised ?800,000 in October 2022, these funds proved insufficient in the face of persistent financial challenges.
The search for financing
To achieve industrial production and penetrate the international market, Néocean needed to raise substantial funds, estimated at between 3 and 10 million euros. Vincent Dufour, engineer and founder of the company, points out that financing of 5 million euros could have avoided liquidation. However, the lack of financial support and the withdrawal of a key investor sealed the company's fate.
Purchased patents: a glimmer of hope
Despite the liquidation of Néocean, the story of the Overboat is not over. The patents and brand name have been bought back, paving the way for a possible renaissance of this technology. A new French company, whose name will soon be revealed, could take up the torch and continue to develop this innovative catamaran.
The potential of the Overboat exists. Building on the patents acquired, the new entity could optimize existing technology and explore new markets. Innovations in electric motorization and sustainable navigation are more relevant than ever, in the face of growing environmental concerns and the demand for green mobility solutions.
