A green maritime technology company, led by double Olympic gold medallist Iain Percy, is to bring shipbuilding and 35 jobs to Belfast Harbour.
Artemis Technologies, a spin-off from America’s Cup team Artemis Racing, will use expertise gained from world yacht racing to develop a zero-emissions catamaran.
The company says the vessel will have a number of potential uses, including city to city passenger transportation, and will help ensure a sustainable maritime future.
“Through collaboration, research and innovation, we plan to utilise Belfast’s rich maritime history and the region’s world-class expertise in aerospace and composite engineering to create the UK’s most advanced maritime manufacturing facility,” Iain Percy said.
“The Artemis Technologies’ team already consists of experts from the fields of motorsport, aerospace, yacht design, simulation, electronics and aerodynamics.
“We plan to share our expertise with Northern Ireland and work in collaboration with stakeholders to grow this sector by delivering innovative yet sustainable maritime products.”
It comes against a backdrop of a commitment issued by the International Maritime Organisation for the global maritime sector to cut emissions by at least half by 2050.
Artemis Technologies has already received backing and collaborative support from stakeholders including Belfast City Council, Belfast Harbour, Stena Line, Bombardier, Harland and Wolff, Creative Composites, Catalyst Inc, and local universities.
Belfast Harbour Chief Executive Joe O’Neill hailed the company as a welcome addition amid plans further develop the harbour estate as an innovation hub.
“Artemis represents another diverse addition to the 700-plus firms already within the harbour estate,” he said.
“This growing community offers high-calibre employment and opportunities which are critical for the economic well-being of both Belfast and Northern Ireland as a whole.”