The Frauscher x Porsche 850 Fantom electric sports boat has set a new speed record at the Monaco Energy Boat Challenge.

The recently introduced Frauscher x Porsche 850 Fantom sports boat managed to set the speed record at the Monaco Energy Boat ...

Submarine manufacturer General Dynamics Electric Boat catalyzed a jump in quarterly revenues and profits in the marine ...

Porsche and Frauscher Unveil Electric Sports Boat with Macan DNA: Powered by an electric drivetrain adapted from the Macan Turbo, producing over 500 hp.

Boats are plowing through, and “on plane”, with water. That requires a near constant output of power. This is unlike cars, where a high output is need rarely, and the average power need is low.

It's a turnaround for the Marine Systems division, which has lagged in recent quarters. The success was fueled by large defense contract modifications awarded this year.

The company shared that its electric patrol boats, which start at $557,000, are already being used by the US Department of Defense, Navy, and Coast Guard. Add Electrek to your Google News feed.

The vessel used to perform the major maritime feat was the Candela C-8 Polestar Edition, a sleek hydrofoil electric boat that quite literally lifts out of the water as it gains speed.