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Boats with revolutionary Hull design for safer and more comfortable cruising.

Periodic Reporting for period 1 - Sure-Rider Boats (Boats with revolutionary Hull design for safer and more comfortable cruising.)

Reporting period: 2017-02-01 to 2017-04-30

SURE-RIDER Boats are a revolutionary type of boat equipped with the ÖK Hull, a new patented hull design, that dramatically reduces motion responses (MR) such as vibration and slamming during navigation, often also referred to as Whole Body Vibration (WBV), which causes discomfort to crew and passengers of every sea-journey and often leads to injuries. Marine sectors affected by WBV include military, search & rescue, government agencies, local authority, police, wind farm, oil & gas, thrill-ride, charter, and all organizations operating High Speed Crafts.
The Recreational Boat Market, with over 6 million boats in Europe, demands more and more increased working area so as to transport more passengers. Yachts and Mega Yachts over 500 gross tonnage are compelled by the SOLAS 5 convention to be equipped with Rescue Boats. Owners of these yachts are requesting the possibility of using their yacht-tenders as SOLAS-approved Rescue Boats, which will be solved through using our SURE-RIDER Boats which implies:
1) Reduction of vibration and slamming, and consequently decreasing of crew fatigue and injuries; 2) Increased comfort during pleasure cruising even in the roughest seas; 3) Reduction of the vessel´s mechanical fatigue and thereby its maintenance cost.
In this Feasibility Study we have analyzed the implementation of our new SURE-RIDER Boats based on the Ök Hull patented technology. We have carried out research and analysis concerning various fields, with technical, financial and commercial aspects, including the following main tasks: 1) Market Analysis; 2) Development Roadmap; 3) Partner search; 4) Implementation Plan and 5) Project Management.
Among the objectives achieved we can highlight: a deeper knowledge of the market needs and the competitors within it; greater understanding of our client´s needs in each market target; the potential of our SURE-RIDER Boats; the business plan to be followed so as to reach the market in the next 24 months.
We estimate the project will produce a turnover of €12,9M and 49 new employees in the company by the 3rd year of commercialization.
A ready-to-market range of vessels by 2020 that will improve the overall experience, safety and performance in the toughest sea conditions for Recreational, Professional and Governmental use. SURE-RIDER Boats will mean the following advantages: increase comfort, reduce risk of injury, increase performance, handling and stability, increase payload, and reduce lifecycle cost.