Wind-assisted propulsion draws backing from EU and industry majors

Many technologies and propulsion solutions will play their role in bringing maritime transport to net-zero and automated wind-assisted propulsion is one of the pieces of the puzzle. bound4blue, a European technology developer of automated wind-assisted propulsion systems, secured €15.9 million in funding with the likes of GTT, EIC Fund, Shift4Good, Louis Dreyfus, the Sustainable Ocean Alliance, Sun Returns Kai Capital, Ocean Born Foundation and CDTI all pitching in.