Candela secures Maldives deal for 10 electric ferries: ‘Simply a better experience’

Candela founder and CEO Gustav Hasselskog with a P-12 Shuttle. Supplied/Impact Loop design
6 nov. 2025
13:44
Candela has sold 10 of its electric hydro foiling ferries to a Maldives-based tour company, in a deal worth at least €17m.

We take a closer look at the deal – and what it could mean for Candela’s financial trajectory.

Swedish startup Candela has signed a landmark deal to deploy ten of its electric P-12 hydrofoiling ferries in the Maldives – its largest fleet order to date.

The “flying” vessels, which start at around €1.7 million each, were purchased by Ego Shuttle, a local company created to operate an all-electric boat service across the island nation.

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