New Zealand marine technology company Vessev expands across Australia as cities explore new ways to unlock underutilised waterways

Electric hydrofoiling technology is gaining momentum locally and globally, with New Zealand marine technology company Vessev expanding across multiple Australian cities as interest grows in cleaner, more connected waterways transit.

Vessev has signed a commercial agreement to deliver multiple VS–12 electric hydrofoiling vessels into Sydney, supporting a future water transport network currently in development for Sydney Harbour.

The network aims to complement existing public transport infrastructure by increasing capacity on waterways without adding significant noise, emissions or shoreline impact, and will support plans to electrify the city.

The agreement marks another major step in Vessev’s Australian expansion following recent partnership announcements in Perth and Hobart, positioning Australia as an emerging market for electric hydrofoiling transport.

The VS–12 builds on the operational learnings of Vessev’s commercially operating VS–9 platform and has been designed to further improve the efficiency and commercial viability of high-frequency passenger services.

Using carbon fibre hydrofoils to lift the hull above the water, the vessels dramatically reduce drag, enabling significantly lower energy consumption and a smoother, quieter passenger experience compared with conventional boats. The technology also produces virtually no wake, helping minimise shoreline erosion.

In cities such as Sydney, where large sections of the harbour are surrounded by heritage-listed foreshore and national park, low-wake hydrofoiling technology could help unlock new mobility corridors while minimising environmental impact.

Vessev CEO Eric Laakmann said Vessev sees hydrofoiling technology as an opportunity to expand how cities use their waterways by enabling smaller, more frequent and lower-impact transport networks.

“The opportunity with electric hydrofoiling goes far beyond simply replacing one fuel source with another,” said Eric Laakmann.

“What we’re really talking about is a completely new model for how cities use their waterways and how people move, something much closer to a subway system on the water, with more routes, more departure points and more frequent services.

“For decades, cities have relied on smaller, more frequent and more agile transit networks on land because it’s the most effective way to move people. We believe waterways can evolve in the same way. The smaller scale of vessels like the VS–9 and VS–12 is what makes this possible.

“Sydney Harbour is one of the world’s most iconic waterways and has the opportunity to become a global showcase for next-generation sustainable marine transport. We’re thrilled to be part of that journey.”

In Perth, Vessev’s VS–9 vessels are expected to operate on the Swan River through a partnership with the Enautic Group, initially focused on premium tourism experiences including Swan Valley cruises, twilight sailings and private charters, with longer-term plans to explore commuter applications.

In Hobart, Vessev technology will support the development of Australia’s largest electric hydrofoiling transit network, Fly Derwent, reconnecting communities along the Derwent River and Hobart’s thriving waterfront tourism hub.

The Sydney Harbour agreement further signals growing momentum behind hydrofoiling technology in Australia as cities increasingly explore electrification and new approaches to urban mobility infrastructure.

The VS–9 vessel is being showcased to Australian media, industry and transport stakeholders during a series of on-water preview experiences on Sydney Harbour this month.

About the VS–9 and VS–12  

The Vessev VS–9 and VS–12 are fully electric hydrofoiling passenger vessels providing exceptional on-water experiences. Using carbon fibre foils to lift the hull above the water, they significantly reduce drag, deliver a smooth, silent ride, and greatly improve energy efficiency, while producing zero on-board emissions.

VS–9 key features:

• Capacity: 10 passengers
• Top speed: 30 knots
• Cruise speed: 25 knots
• Range: Up to 50 nautical miles at cruise speed
• Charge rate: Up to 1.0 nautical miles per minute
• Propulsion: 100% battery electric
• Length: 8.95 m
• Beam: 3.1 m
• Draft: 0.5 m-1.5 m
• Seakeeping foil: Up to 0.75 m

New Zealand’s largest ferry operator, Fullers360, operates a VS–9 on Auckland’s

Waitematā Harbour. Vessev has orders across three continents and is scaling production to meet global demand.

VS–12 key features:

• Capacity: Up to 30 passengers
• Propulsion: 100% battery electric
• Seakeeping foil: Over 1.0m

The VS–12 design is being progressed collaboratively, delivering further improvements in water metro economics. 

About Vessev

Vessev is a marine technology company rethinking waterways as high-speed transit networks through electric hydrofoiling technology. The company develops integrated hydrofoiling, electrification, and control systems that enable faster, quieter, and more efficient movement on water in Auckland, New Zealand. We design and build our commercial-grade vessels in-house, optimising every detail for performance and efficiency. Our team brings together experts with backgrounds from the America’s Cup, Rocket Lab, and Tesla to deliver the best passenger experience on the water.

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