CargoKite
Business Description 90% of trade is conducted by sea, however the bulk of cargo ships in operation today utilise the dirtiest fuel possible. The maritime sector, however, is unable to adapt to an increasingly dynamic and decentralised economy. CargoKite offers a novel, autonomous, miniature cargo ship that is powered only by wind energy to solve these issues. This modern-day sailing ship uses an Airborne Wind Energy System, which mostly consists of a kite, as its primary source of propulsion. Since it travels between 100 and 300 metres in the air, there is consistently enough wind to reliably power the ship. The newly developed hull allows for the most effective wind energy capture and direct conversion into
Tags shipping industry, decentralized economy, increasingly dynamic
Website https://cargokite.com/
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