Maryport Inshore Rescue team has won £77,000 to help buy a brand new lifeboat.
It's part of a government scheme which offers 50 search and rescue charities across the country the opportunity to win extra funding.
The volunteers say the money will be used to purchase a new vessel that will be able to cover more of the coastline in all weather conditions.
A new communication system for their existing lifeboat, new dry suits and new hand held radios will also be bought with the cash.
After the announcement, a spokesperson from the crew said: "We would like to thank the Maritime Minister and everyone on the expert panel for this fantastic amount of funding."
Maryport Rescue is an Independent Lifeboat organisation and relies on donations from members of the public and local businesses to stay afloat.
Five Scottish sea rescue charities, including Port William in Dumfries and Galloway, are to share in a £1 million in UK Government funding boost.
Inshore rescue services across the country will receive awards totalling £125k to support their life-saving work.
Secretary of State for Scotland Alister Jack said: “This UK Government cash boost will help the Port William Inshore Rescue Service in their unstinting efforts to keep the waters of the Luce and Wigtown bays safe for fishermen, sailors and tourists.
"Run entirely by a group of selfless and brave volunteers, they are truly deserving of these funds for their life-saving work.”