ExoTechnologies, based on the Isle of Man and owner of Glasgow’s Ultimate Boats, has entered into an exciting partnership with Arizona’s RONN Motor Group to develop hydrogen electric propulsion systems for boats. Both companies share a commitment to decarbonisation and innovation in marine technology. This collaboration aims to create a new era of sustainable marine propulsion, driving the industry’s transformation towards cleaner energy solutions. CEO Shane Mugan of ExoTechnologies and Ronn Ford, CEO of RONN Motor Group, expressed enthusiasm for their shared vision of impacting the marine industry and pioneering significant advancements in green technology.
MARKET ANNOUNCEMENT
EXOTECHNOLOGIES APPOINTS COLONEL TOM RYALL MBE AS MANAGING DIRECTOR, DEFENCE, TO SPEARHEAD MARITIME DEFENCE INNOVATION
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November 23, 2023
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