Leading the Design and Operation of Electric Cargo Ships
Meet our Team
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Prosser Cathey - CEO
Prosser graduated from MIT in three years, completing three majors. Upon graduation, he won a Fulbright Research Fellowship to study the German auto industry's transition to EVs in Munich. He also rowed for MIT's D1 Heavyweight Crew team, with whom he won a Gold Medal at Head of the Charles.
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João Seixas de Medeiros
João is a Naval Architect and Ocean Engineer with a PhD from MIT and over a decade of experience in hydrodynamics research and vessel design. He has developed advanced software to simulate nonlinear ocean wave behavior, applying it to optimize innovative vessel and wave energy converter designs. His work has earned recognition, including the MIT De Florez award for best graduate design.
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Yuming Liu
Yuming is a senior research faculty member in MIT's Ocean Engineering Department. He has published over 84 times across a range of topics, including design and analysis of ships and marine structures, prediction of ocean environments, and vortical flow dynamics. He earned his PhD in Hydrodynamics from MIT in 1994.
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Wim van Rees
Wim is an associate professor in MIT's Ocean Engineering Department. He has received numerous awards for his research, which focuses on biologically inspired flexible structures for locomotion and renewable energy harvesting. His awards and recognitions include an American Bureau of Shipping Career Development Chair (2017) and a Seagrant Doherty Professorship in Ocean Utilization (2019)
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Ryan Dooley
Ryan has long family tradition in the maritime industry. After attending both the US Merchant Marine Academeny and Mass. Maritime Academy he spent 20 years working in operations and sales for shipping lines, port operators, and 3PL’s. He also earned and MBA from Northeastern University and consults for a broad range of maritime decarbonization software providers.
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Karl McLetchie
Karl is a Mechanical and Ocean Engineer with two master's degrees from MIT and more than two decades of design and at-sea experience. He has been on over 30 research expeditions; operating underwater vehicles and towed systems for deep-sea exploration. His design work has covered a broad spectrum of applications, from traditional naval architecture to the mechanical design of hydraulic sampling mechanisms and vehicle launch and recovery equipment.
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Andrea Alms
Andrea Alms is a technology investor and strategic leader at Voltic Shipping, dedicated to accelerating the transition to green maritime operations. With over 15 years of experience in sourcing and managing high-growth equity investments, Andrea drives Voltic's mission to decarbonize cargo shipping through electric, eco-friendly technologies. She earned her BA (Economics) from Wellesley College and M.S. from University of Virginia.
Pioneering Solar-Powered Cargo Ships
Winter 2024
Inspired by the research of Wim and Yuming, we launched Voltic with the mission of decarbonizing the shipping industry. We quickly received over $180M in signed LOIs from freight forwarders and cargo owners who want to ship with us.
Spring 2024
We completed proof of concept engineering work, utilizing computational fluid dynamic simulations to show our proposed vessel is capable of going the same speed as diesel ships. Building on this success, we won a grant from the Department of Energy.
Fall 2024
We signed our first binding customer contracts, agreeing to ship 750 TEUs per voyage on SE Asia - USWC. Our customers are F500 cargo owners, and have signed a 3 year commitment of roughly $3M ARR.
Summer 2024
We created a ~1m scale prototype, raising our TRL to a 4. We also brought on Ben Soltoff, head of MIT’s premier startup accelerator, to advise on business development and fundraising strategy.
Winter 2025
We conducted durability testing, finding our system can withstand 30 years of deployment with a 0.37% drop in power output. We also tested an integrated prototype and brought on an angel investor who has previously invested in 18 unicorns.