VORTECH MARINE (PTY) LTD

profile
vortech marine (pty) ltd has entered into an alliance with three us based boat producers to secure off-take agreements for their inboard/outboard propulsion motor. the motor was designed in co-operation with cae (stellenbosch automotive engineering) and uk based cosworth technology.

the commercialisation process of the propulsion unit in order to take it to market is conducted in three phases

phase 1 - will provide working prototypes for the us boat manufacturers.

our involvement
purchase of equity and provision of a standby facility

purpose of funds
provision of working capital and fulfillment of capex requirements for phase 1.

benefits
this project will revolutionise the marine engine industry, while generating employment and wealth creation in sa. the return on investment of the fully funded project is likely to exceed our wildest expectations.