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Pascal Technologies
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Developer of maritime vessel electrification technology and design

Founded in 2020
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector maritime

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Norway Norway
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Updated by Sunena Gupta at on 05/06/2025

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Date Company
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Date Partner Type
06/05/2023
Nimbus Group Nimbus Group
Joint agreement between Nimbus Group, Pascal Technologies and Evoyto develop an electric concept boat constructed with entirely aluminum. The concept boat will be based on Pascal Technologies’ energy-efficient hull technology that has been developed for surface effect ships and be equipped with an electric ouboard motor, developed by Evoy.
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Confirmed by Nimbus Group
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IPO INFORMATION

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Date Investors Type Amount
09/22/2023 Grieg Edge Grieg Edge , Katapult Ocean Katapult Ocean (2)
Post-money valuation of
Funds will be used to accelerate the launch of Pascal's first commercial vessles
Series A $422,100
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