In the electric non-hydrofoiling boat space, Flux Marine recently landed a $15 million round, Arc raised $30 million and GM snagged a 25% stake in Pure Watercraft about a year ago.

The basic approach is not unique — Candela also makes a few electric hydrofoiling boats and is trying to access some of the same markets. But Navier touts a longer range — about 75 nautical ...

Candela makes an unusual style of watercraft called a hydrofoiling boat, which glides above the sea on fins for a smoother, more efficient ride — doubly unusual, in fact, in that it is ...

I prefer to work," Elon Musk said of the hydrofoiling video that Mark Zuckerberg posted to Instagram and Facebook on July 4. Steve Granitz/FilmMagic via Getty Images; @zuck via Instagram ...