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AYRO

France
Market: Power Engineering, Other
Stage of the project: Operating business

Date of last change: 12.05.2022
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Idea

AYRO is a French industrial company that designs and delivers the Oceanwings®, a wind propulsion system for maritime transport.
Our mission is to catalyse the decarbonation of the shipping industry.

Current Status

With 30 employees at the moment, AYRO is growing everyday.

Problem or Opportunity

This patented Oceanwings wing technology solves the environmental and economic dilemma faced by ship owners: reduce the environmental footprint while being competitive.

Solution (product or service)

AYRO contributes directly to the reduction of greenhouse gas emissions:
By 2030: reduction of CO2 emissions by a total of 475.0 kt CO2.
By 2050: reduction of CO2 emissions by a total of 28.5 Mt CO2.

Business model

The value proposition we offer will be continuously improved. We will take into account the feedback from our customers and continue to develop our technology through R&D activities to bring further improvements to Oceanwings. We will also update AIUTO regularly and offer the latest improvements to our customers through our after-sales service.

Incubation/Acceleration programs accomplishment

AYRO raised €10.5m from Ocean Zero, Bpifrance and Mer Invest in September 2021 to accelerate the development of its innovative winged sail solution that contributes to decarbonizing the shipping industry.
AYRO also obtained on November 10, 2021 a €2.4m financing from the European fund EMFF to launch the WINNEW project.
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