Correct Craft acquires electric boat drive system

Florida-based company Correct Craft has announced its latest acquisition, an electric boat drive system, Ingenity P220. The acquisition is a result of Correct Craft’s Watershed Innovations initiative to identify, research, develop and integrate exponential technologies and will help prepare the company’s Pleasurecraft Engine Group and boat brands to transition to electric power solutions. Previously built by Ortner Electric in Villach, Austria, the Ingenity P220 is – according to Correct Craft – one of the highest performing electric towboat propulsion system in the world. The drive system is available in the Super Air Nautique 210 and GS20 models in Austria and will soon be available in these models worldwide. Additionally, the Ingenity P220 will eventually be available in more Nautique models and other Correct Craft boat building brands. Pleasurecraft Engine Group engineers have been involved in the evaluation of the system and will continue to provide insight and support as they work toward its future development with the team from Correct Craft’s Watershed Innovations. Bill Yeargin, president and CEO of Correct Craft said: “The world is quickly transitioning to electric power and the acquisition of the Ingenity P220 system will help position Correct Craft, Pleasurecraft Engine Group, and our boat companies for a successful transition to the future. I am thrilled we could complete this important acquisition.”