Key facts
- Navier and JIH Global Investment will deploy 100 electric hydrofoil vessels in the Maldives.
- The deal is valued at $100 million.
- The vessels will connect airports, resorts, villas, and local islands.
- The initiative aims to create a cleaner, quieter, and more scalable transportation model.
Navier and JIH Global Investment have entered into a $100 million agreement to deploy a fleet of 100 electric hydrofoil vessels in the Maldives. The Navier Network will utilize these standardized, software-driven vessels to establish a sustainable transportation system. This network is designed to connect key locations such as airports, resorts, private villas, and local islands, offering a cleaner, quieter, and more scalable alternative for premium island transportation. The initiative aims to enhance connectivity and sustainability within the Maldivian archipelago and potentially beyond.