FLUX MARINE

Early Flux Marine Prototype travels on Lake Carnegie (Princeton, NJ) at 45 knots, nearly setting an electric marine-craft speed record for its power class

Increased performance and peace of mind in an innovative, sustainable package.

There are 150 million gallons of unburned gasoline released by pleasure-craft in the United States annually. In comparison, boating is far more pollutive than automotive travel. Operating a family sized gas boat for one hour releases the equivalent pollution of driving a car for 800 miles. Conversely, Flux Marine has set out to design and manufacture zero emissions electric boat motors with increased performance parameters compared to industry standards. Our ground-up design utilizes all the advantages of electric power, eliminating common failure points of existing gas engines.

ABOUT

The mainstream adoption of electric outboard motors poses a broader societal impact beyond the pure commercial opportunity of revolutionizing the marine industry. Unlike the automotive industry, the marine industry is not as strictly regulated and consequently lags behind in emission regulation. Because of this, the environmental impacts of combustion engines in sensitive aquatic ecosystems are significant, and combustion engines have caused thousands of carbon monoxide poisonings to recreational boaters over the last decade.

Aside from releasing carbon dioxide and monoxide into the atmosphere, outboard motors have a variety of harmful impacts on their operating environments. Gas outboards release unburned gas and oil into the water along with nitrogen oxides, sulfur oxides, carbon monoxide, and polycyclic aromatic hydrocarbons, which are known to be carcinogenic and mutagenic. Additionally, sulfur dioxides and nitrogen oxides released are responsible for the formation of acid rain, which is extremely harmful to lakes and rivers. Acid rain makes waters acidic and causes them to absorb materials such as aluminum that make their way from soil into lakes and streams. This combination makes waters toxic to fish and other aquatic animals. In addition, the surrounding plants can become more vulnerable to cold weather and disease. Electrifying marine vessels would reduce and eventually eliminate these pollutants, improving water quality and conserving our resources.

Both two-stroke and four-stroke engines, emit unburned oil and release hydrocarbons that are conducive to ozone layer depletion, global warming, and damaging our ecosystems. Mainstream adoption of our electric marine propulsion systems would eliminate direct air and water pollution caused by recreational boating entirely. Individual boaters would also not have to worry about the danger of carbon monoxide poisoning thanks to the zero emissions benefit of electric.

MEET THE FOUNDERS

Princeton University, BSE in Mechanical and Aerospace Engineering ’17, Minor in Sustainable Energy, Minor in Robotics & Intelligent Systems

Experience: Tesla Battery Remanufacturing Division, Princeton Lab for Electromechanical Energy Storage Research, founding member of Princeton’s electric formula-one style race-car.

Brings to table: Electromechanical system design knowledge and experience, familiarity of intersection between technology and application, ability to lead.

Chief Executive Officer and Chairman of the Board

Ben Sorkin

Boston University, BS in Business Administration and Management, Concentration in Finance and Accounting ’19

Experience: Manhattan Venture Partners Research team for later stage venture capital financed technology companies, VSS IT supportive service sales team, TMT sector Junior Analyst for BU finance and investment club.

Brings to table: Business development, financial management, on-water experience, team cohesion.

Chief Financial Officer

Daylin Frantin

Princeton University, BSE in Mechanical & Aerospace Engineering ’18, Minor in Robotics & Intelligent Systems.

Experience: Operations Engineer for Voodoo Manufacturing - experience in manufacturing optimization and customer communication. Design experience on full scale projects with a focus on manufacturability, including a design thesis of a functioning jet engine and Princeton's electric formula-one team.

Brings to the table: Experience with scaling and improving manufacturing processes, background of rapid prototyping with a focus on machinability and scalability. Strong interpersonal skills with people of diverse skill sets.

Chief Technology Officer

Jonathan Lord

2017

year established

and set out to change...

11.87M+

recreational pleasure-craft in the US

5M+

metric tons of CO2

produced annually

3M+

bodies of water in the US

MEET THE ADVISORY BOARD

Widely regarded as one of the world’s top battery experts, Dr. Dan Steingart is an associate professor of mechanical and aerospace engineering at the Andlinger Center for Energy and the Environment at Princeton University where he runs the Princeton Lab for Electromechanical Energy Systems. He has a Sc.B. in engineering from Brown University and M.S. and Ph.D. degrees in materials science from the University of California at Berkeley. Most recently, Steingart co-founded and now serves as president of Feasible Corp, a research startup spinoff creating ultrasound technology to monitor health of batteries. As a senior applications engineer at Sentilla, Steingart developed wireless sensor networks, including micropower management, sensor development and network integration. Steingart is also the co-founder of Wireless Industrial Technologies, a Berkeley company that uses wireless mesh networks to optimize electricity use and minimize emissions in large-scale, distributed primary metals production plants.

Board Member

Dr. Dan Steingart

Steve Bofill is the Co-Founder and Chief of Design at Vengo Labs LLC. Vengo is a software and media company that engages consumers and collects data by combining interactive digital media with point-of-purchase. Selected from 270 companies as "NYC Next Idea 2012," Vengo's next-generation vending machines enable brands such as Trident, Snapple, Dentyne and Sour Patch Kids to re-engage consumers while generating attractive unit economics (expect six-month payback on new units). Vengo already has established partnerships with Mondelez (one of the largest snack food companies), Snapple, Verizon, CC Vending (second-largest NYC vending machine provider) and Creative Mobile Technologies (NYC taxis). The company's current investors include Brad Feld, Joanne Wilson, Gary Vaynerchuk, David Tisch and Mark Wachen. Prior to founding Vengo, Steven Bofill worked for 10 years as an Aerospace Engineer/Designer at defense companies including Northrop Grumman, Lockheed Martin, and Sikorsky. During that time, his focus was primarily on advanced aircraft design, specializing in composites, propulsion systems design and overall prototyping to production on programs including the Joint Strike Fighter, Predator B, and the S-97 Raider.

Board Member

Steven Bofill

Steve Snyder is focused on the strategic planning, launch and operation of new businesses, products and services in the telecom, media and renewable energy sectors in the US and emerging markets. He has over 30 years of international business and technology/ strategy consulting experience in Europe, China, Asia and North America including the launch of Accenture’s Greater China business, the launch of the world’s first commercially scaled and profitable IPTV service, the launch of nationwide VoiP services in the US and Asia, and the launch of multiple ground-up operating wireless and wireline carriers and interactive media/ web businesses. He continues this passion in his involvement with new startups targeting creative technologies, business processes and operations in the telecom, media and energy sectors. Steve graduated from the Pennsylvania State University in 1979 with honors in Civil Engineering (BSCE) and a focus on construction management and extended this through 1981 with research and Masters studies on nuclear construction optimization, renewable/ solar energy development and the effectiveness of systems technologies for improving business profitability in the construction industry.

Board Member

Steven Snyder

Mr. Benedikt von Schröder serves as a Partner at G.C. Andersen Partners, LLC. Previously, Mr. von Schröder was a Partner at Augusta & Co. plc until September 2010. Mr. von Schröder has been active at a senior level in corporate finance and private equity for over 25 years. During his eight years at the firm, he worked on a number of significant M&A transactions, debt financings, and equity raises for SMEs in various industry sectors including the renewable energy sector. Prior to that, Mr. von Schröder was a Principal and Partner at Clayton, Dubilier & Rice, Inc., which he joined in April 2000 to help identify investment opportunities in Germany and Europe and take advantage of the massive restructuring of German industry prevalent at the time. He was Principal and Partner at Clayton & Dubilier, L.P., Clayton & Dubilier Private Equity Fund II, L.P., Clayton & Dubilier Private Equity Fund III, L.P. and Clayton, Dubilier & Rice VI, L.P. Prior to that, Mr. von Schröder served as a Managing Director at Morgan Stanley and a Member of the Management Board of Morgan Stanley Bank AG in Frankfurt, responsible for its German and Austrian investment banking business. At the firm, he advised some of the largest German corporations on a number of significant M&A transactions. He received an M.B.A. from the Ludwig Maximilian Universität in Munich.

Board Member