ZeroJet and Tectrax unite to form a new electric marine powerhouse.
ZeroJet and Tectrax, two New Zealand innovators in electric marine technology, have announced their merger. Expected to be finalised by December 2024, the merger will bring together their complementary expertise while allowing both brands to continue to grow in their respective fields.
The merger will establish the combined company as a global leader in next-generation electric drives and amphibious boat systems. By uniting ZeroJet’s 48V electric propulsion technology with Tectrax’s advanced electric amphibious solutions, the new entity will offer a significantly expanded product portfolio.
ZeroJet offers low-voltage electric jet boat propulsion systems that leading boatbuilders such as Highfield Boats, Spark and Agilis have integrated into their 2025 product lines. Tectrax has pioneered full electric amphibious solutions for boatbuilders, providing world best torque and power for tough coastal environments of soft sand and hill climbs.
“This merger establishes a powerful platform for innovation and resilience, positioning us to become one of the largest suppliers of electric marine systems globally,” says ZeroJet CEO Mark Robotham. “By merging, ZeroJet and Tectrax will leverage shared technologies, supply chains, and sales channels, creating a multi-product company poised for accelerated growth and strengthened resilience in today’s challenging global economy.”
Both ZeroJet and Tectrax already work in partnership with several boatbuilders and OEMs in New Zealand and internationally. This merger offers traditional marine manufacturers a unique opportunity to enter the electric marine industry, leveraging innovative propulsion solutions from ZeroJet and Tectrax. It also reinforces New Zealand’s position as a global leader in sustainable marine technology, expanding its influence in this rapidly growing sector.
“There’s so much development in electric marine. We’re showing how a company in New Zealand can lead the way,” says Neil Mans, co-founder of ZeroJet. “We’ve seen it before with companies like Rimac Automobili in Croatia – they’re amazing, completely redefining electric performance in vehicles. I see the same drive, the same level of engineering and innovation in this new company as I do in Rimac’s workshop, except we’re doing it all in marine.”
www.zerojet.com
www.tectrax.co.nz
