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Candela raises 20 million dollars to launch hydrofoil water vessle

Swedish tech company Candela has secured an additional 210 million Swedish Krona ($20 million) to bring its hydrofoil water vessel to mass production. The P-12 is said to launch this summer. Candela is working on a low-energy use water shuttle as hydrofoil. “This new investment will unlock the potential of underutilized waterways for climate-friendly, high-speed […] More…

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