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03 Oct 2026, 10:42 PMTechCrunch2.5 Vessev built an electric ferry that almost flies

TechCrunch rode Vessev's VS-9 electric ferry from Brooklyn Marina toward Governors Island. The roughly 30-foot hydrofoil catamaran uses two underwater foils with computer-controlled flaps; the front foil handles about 80% of lift and the rear about 20%, and the rear foil houses Vessev's in-house electric motor. The batteries are outsourced because Vessev's CEO calls them commoditized, and the foils can be raised for shallow docks.

Why: This is a transportation/hardware product ride report with no pricing, range, charging, certification, deployment date, or Malaysia/SEA angle in the text, so most developers and SaaS founders have no action to take. Hardware founders may note Vessev's make-vs-buy split: build the electric motor in-house for cost control while treating batteries as a commodity.

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