ENVGO: when Marine Electrification Comes of Age in North America’s Yachting Sanctuaries
The ENVGO NV1 is a 25-foot, six-seat vessel with an 8.5-foot beam, with a dual-motor 330 hp electric drivetrain and an 80 kWh battery pack, and it made its debut at the North American boat shows in Toronto and Palm Beach
It is called ENVGO, founded in 2021 and based in Waterloo, Ontario, and it brings together two of the industry’s major trends: electrification and aerospace technology. The team behind ENVGO previously built the Aeryon SkyRanger R70, an autonomous aerial system used in defence and public safety operations worldwide. FLIR Systems acquired Aeryon Labs for $200 million in 2019. CEO Mike Peasgood and CTO Mike Tribou are among the founders who have carried that autonomy expertise over into marine propulsion.
NV1: Who is This?
The NV1 is a 25-foot, six-seat vessel with an 8.5-foot beam, built around a dual-motor 330 hp electric drivetrain and an 80 kWh battery pack. In displacement mode it operates as a conventional boat; at speed, it lifts onto computer-controlled hydrofoils in approximately seven seconds, cruising at 23 mph (20 knots) and reaching a top speed of 80 kph (43 knots). ENVGO quotes a range of 100 km in foiling mode, where reduced drag delivers around four times the efficiency of a conventional electric boat hull.
In January, the NV1 celebrated its preview among North America’s boat shows at the Toronto International Boat Show (TIBS). The satisfaction comes through in the words of Paul Masojc, COO and co-founder of ENVGO: “we’ve created a vessel that drastically outperforms conventional electric boats, with a design as striking as the experience itself,” and of Mike Peasgood, CEO and co-founder: “For electric hydrofoiling boats, that moment is now. We’re excited to unveil the NV1 on the renowned stage of the Toronto International Boat Show and show what the future of boating looks like.“
NVGO Made U.S. Debut with NV1 Electric Hydrofoil at Palm Beach
The Palm Beach International Boat Show 2026 was held in Florida, US, from 25 to 29 March. The NV1’s flight control system makes 250 automated foil adjustments per second and supports AI Co-pilot, 360-degree situational awareness, auto-docking assistance, and a virtual anchor function. ENVGO positions these not as optional extras but as core to the vessel’s safety case – the system is designed to make foiling accessible without specialist skills.
Alongside the NV1 consumer product, ENVGO is positioning itself as a technology supplier to other boat manufacturers – offering electrification and autonomy systems as a licensable platform. The company operates across both consumer and OEM sectors, with the NV1 serving as a demonstration of what the underlying technology stack can deliver.
Features
- Top Speed: up to 50 mph (43 kts)
- Cruise Speed: 23 mph (20 kts)
- Range: 54 nmi on a single charge
- Peak Power: 240 kW
- Zero to Foiling Time: 7 sec
- DC Fast Charging (NACS) 10% – 80% in ~ 45 mins
- Dockside Charging Level 1 (110V) & 2 (240V)
- Battery Capacity 83 kWh
- Passengers 6
- Length 25’ (7.6m)
- Beam 8.5’ (2.6m)
- Draft (foils retracted) 32” (82cm)
- Draft (static, foils deployed) 60” (152cm).
Who is FLIR Systems?
Founded in 1978 and headquartered in Wilsonville, Oregon, FLIR Systems is a world-leading maker of sensor systems that enhance perception and heighten awareness, helping to save lives, improve productivity, and protect the environment. Through its nearly 3,700 employees, FLIR Systems’ vision is to be “The World’s Sixth Sense” by leveraging thermal imaging and adjacent technologies to provide innovative, intelligent solutions for security and surveillance, environmental and condition monitoring, outdoor recreation, machine vision, navigation, and advanced threat detection.
Who is Aeryon Labs?
It’s a Canadian developer and manufacturer of miniature unmanned aerial vehicles (UAV) headquartered in Waterloo, Ontario.
About TBIS
The Toronto International Boat Show is an annual boat show held in January at the Enercare Centre, at the Exhibition Place in Toronto, Ontario. The Indoor Canadian boat show has reached its 67th edition.
About PBIBS
The Palm Beach International Boat Show recently took place along Flagler Drive in downtown West Palm Beach, Florida. The 44th annual marine expo featured over $1.2 billion in luxury yachts, superyachts, and marine accessories. More than $1 billion worth of inventory, including an impressive lineup of cutting-edge superyachts, will be displayed steps away from Palm Beach’s renowned “Billionaires Row.”
What About Hydrofoils?
Find out more below. A few more application examples from Europe.
From Italy: Liberty Shipyard
From Sweden: Candela
