Voltic
Solar-powered shipping
We are working to reduce greenhouse gas emissions in the shipping industry by replacing fuel with solar panels. Solar-powered cargo ships have the potential to eliminate 2.2% of global CO2 production, while simultaneously cutting shipping costs by 50-75% depending on route. We are making a boat that is both greener and cheaper.
Active Founders
Prosser Cathey
Prosser is the founder and CEO of Voltic. He is excited to make the shipping industry greener and more efficient. Prosser grew up in Ligonier, PA, where he was the oldest of five siblings. He graduated from MIT in three years with multiple majors, winning a Fulbright upon graduation to study the auto industry's transition to EVs. He also rowed for MIT's D1 Heavyweight Crew team, with whom he won a Gold Medal at Head of the Charles. In his free time, he enjoys pizza, movies and skiing.
Jared Boisvert
Jared is a co-founder at Voltic. Before working on Voltic, Jared was pursuing a degree in aerospace engineering from MIT, where he was also a member of the baseball team. In his senior year, he collaborated with an MIT professor to build a fully solar-powered plane that was able to demonstrate net-positive energy production. In his free time, Jared likes to golf and play guitar.
Hudson Hooper
Hudson is a co-founder at Voltic. He has long had a passion for working on exciting and innovative projects. Hudson has valuable previous experience, including successfully scaling a social media spinoff to over a million users and a prior project in supply chain optimization. Prior to Voltic, Hudson completed his computer science and business analytics degrees from MIT. In his free time, Hudson enjoys traveling, playing hockey, and spending time with his dog.
Company Launches
tl;dr - We’re building solar-powered cargo ships that are zero-emission and 50-75% cheaper than current ships.
Hey everyone! This is Prosser, Hudson, and Jared from Voltic. We’re creating solar-powered cargo ships that are greener and cheaper than current options.
🚢 THE PROBLEM
Shipping is a massive industry that contributes 2.2% of the world’s CO2 emissions, 15% of the world’s NOx emissions and 13% of the world’s SOx emissions (Source). In other words, approximately 816,640,000,000 kg (.8 gigatons) of carbon dioxide is emitted by ships every year (Source). There is currently no generally accepted path to full sustainability for the industry.
At the same time, fuel is an enormous operating cost for ships. Ranging from 50% at shipping’s most efficient to 75% on fast or heavy routes when fuel prices are high, cargo prices are highly dependent on fuel prices (Source). This means our ships will not only be great for the environment but also sustainably cheaper than current alternatives.
⚡ OUR SOLUTION
We designed an initial prototype barge and tugboat that can be completely powered by solar panels. We then tested our design using industry-standard computational fluid dynamic simulation software. Our barges will be able to transport cargo in a wide variety of settings, including low sunlight and night-time thanks to onboard batteries. We plan to own & operate the barges ourselves and are filing provisional patents covering the core elements of our design.
Unlike most hardware startups working on difficult engineering problems, we do not have a multi-year, multi-round path to revenue. We can build our first profitable, commercially viable barge for less than $1M in under a year. It will pay for itself in less than 6 months.
This will be the first step towards larger coastal and oceanic ships. Long term, we want to fully power the shipping industry via solar, operating a fleet that can serve any route in the world. 🚢 🚢 🚢
🤝 THE TEAM
We are friends who lived together at MIT, where we studied a range of subjects including Aero/Astro Engineering, Mathematics, Economics, and Electrical Engineering. Inspired by building a solar-powered plane with an MIT professor, we decided to work on this project because we are passionate about fighting climate change and love tackling hard engineering problems. We have prior startup experience ranging from speeding up hardware iteration cycles for self-driving cars at Uber to launching an app with 1M+ downloads to supply chain optimization. Outside of the classroom, we also competed in D1 & D3 athletics.
Email founders@volticshipping.com for inquiries or contacts.
And give our LinkedIn page a follow :)