Voltic
Voltic, formerly known as Vault, Sylva, and Clyent, is a pioneering company in the industrials sector focused on climate-friendly shipping solutions. Based in San Francisco and Cambridge, MA, with a fully remote team of five, Voltic offers innovative solar-powered cargo ships that reduce greenhouse gas emissions and shipping costs.
Company History
Voltic, previously known as Vault, Sylva, and Clyent, is an industrial company focusing on climate solutions within the shipping industry. Headquartered in San Francisco, CA, the company also has a presence in Cambridge, MA, and operates remotely. Voltic is part of the Y-Combinator Summer 2022 batch and offers eco-friendly global shipping services.
Global Shipping Services
Voltic provides global shipping services capable of transporting goods down rivers or around the world. Their solar-powered cargo ships are engineered to be as reliable as traditional freighters, ensuring that the quality of service is not compromised while achieving eco-friendliness. By eliminating fuel and utilizing solar power, Voltic aims to cut shipping costs by 50-75% depending on the route, offering prices 20% cheaper than current providers.
Solar-Powered Cargo Ships
Voltic is pioneering the development of solar-powered cargo ships that have the potential to eliminate 2.2% of global CO2 production. The company's first commercially viable model will be an inland barge pushed by an electric tugboat, entirely powered by solar energy. This model, designed for cargo transport along the Mississippi River, will be operational following the finalization of designs and testing in Summer 2023.
Environmental Impact of Shipping
Traditional shipping is a significant contributor to global pollution, responsible for 15% of global NOx production and 13% of global SOx production. Voltic aims to reduce greenhouse gas emissions in the shipping industry by replacing fuel with solar panels. Their eco-friendly ships are expected to set a precedent in reducing global shipping's environmental footprint.
Future Projects and Timelines
Voltic has a detailed timeline for its upcoming projects. The designs will be finalized, and initial partners sought by Summer 2023, with work on the first commercially viable model starting in Fall-Winter 2023. Following the barge's operation by Spring 2024, the company will commence work on building a cruiser intended for multi-day voyages along coastal routes.