ExoTechnologies, based in the Isle of Man, has unveiled the world’s first fully recyclable leisure boat, signaling a revolution in boat building. Constructed with their innovative DANU material, the £350,000 vessel boasts top performance while addressing environmental concerns. CEO Shane Mugan emphasizes the potential to transform the global market and prevent millions of tonnes of waste annually. This milestone follows a £7 million investment in research and development, with plans to create 300 jobs within five years. ExoTechnologies actively seeks investors to scale its groundbreaking technologies and accelerate the transition to a circular economy.
