Arc Boat Company, a startup dedicated to electrifying boating for sports and leisure, has recently introduced its second electric boat model called the Arc Sport. Priced at $258,000, the Arc Sport is designed for wake sports enthusiasts and aims to compete with high-end models offered by established traditional boat makers. This new model is a significant step forward for the company, following the success of its earlier Arc One luxury cruiser.
The Arc Sport is a 23-foot electric boat that can accommodate up to 15 people at once. It is equipped with a large battery that provides enough power to operate for 4 to 6 hours, along with a top speed of 40 miles per hour. These specifications make it a compelling option for individuals who enjoy water sports and are looking for an eco-friendly alternative to traditional fuel-burning boats.
Traditional boats powered by internal combustion engines contribute to various environmental issues, including noise pollution, smog, and water pollution. By introducing fully electric boats like the Arc Sport, Arc Boat Company aims to address these concerns and provide a cleaner and more sustainable boating experience. The company’s co-founder and CEO, Mitch Lee, was inspired to create these electric boats after witnessing the negative impacts of traditional boats on the environment during his time spent on the Sacramento–San Joaquin river delta.
Arc Boat Company has assembled a leadership team that includes professionals with experience in boating, automotive, and transportation industries. Leveraging the expertise of individuals from companies like Tesla, Rivian, and MarineMax, the company was able to design and manufacture its electric boats in a relatively short time frame. By collaborating with trusted suppliers for components, Arc was able to streamline the production process and bring its innovative designs to life.
The success of Arc Boat Company has attracted significant investment from various sources, including celebrity angel investors and venture capital firms. Notable investors such as NBA players Kevin Durant and Klay Thompson, actor Will Smith, and venture capital funds like Andreessen Horowitz and Menlo Ventures have shown confidence in the company’s vision and technology. With approximately $110 million in early-stage funding, Arc is well-positioned to expand its operations and deliver its electric boats to customers.
Arc Boat Company has ambitious plans for the future, with deliveries of the Arc Sport expected to begin later this year. As the demand for eco-friendly boating solutions continues to grow, the company is poised to make a significant impact in the industry. By offering high-performance electric boats that cater to sports and leisure enthusiasts, Arc is setting a new standard for sustainable boating experiences. With a strong focus on innovation and environmental responsibility, Arc Boat Company is well-positioned for success in the evolving market of electric watercraft.
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