Celerity Craft Named to Top 20 at BC Summit XI by Startup TNT

We’re thrilled to share that Celerity Craft has been recognized as one of the Top 20 Companies at BC Summit XI, organized by Startup TNT! This honor underscores the value of our work in next-generation marine technology—especially our DACV (Dynamic Air Cushion Vehicle) innovation, which radically reduces drag on the water to enable faster, more efficient, and lower-impact travel.

Why DACV Matters
Our DACV technology lifts vessels above the water using an energized air cushion, delivering roughly twice the speed at half the power of conventional designs. That efficiency doesn’t just mean a quicker trip; it also paves the way for electrification, drastically cutting emissions and marine noise. With less wake and the ability to operate in shallow or sensitive environments, we’re proud to be shaping a future for water travel that’s both cleaner and better for coastal communities worldwide.

Gratitude and Next Steps
A special thanks to the entire Startup TNT team for believing in our vision. We also congratulate the other 19 outstanding startups recognized this year—it’s exciting to see such vibrant innovation happening in British Columbia. We can’t wait to present at Pitch Night on April 15th. Come see what’s next for high-growth BC ventures—and if you haven’t yet, be sure to register at the link below.

Join Us

Pitch Night Registration: https://lnkd.in/guVVh3y6
Learn More About Celerity Craft: www.celeritycraft.com

Here is the list of the other 19 companies named as Top 20 at BC Summit XI by Startup TNT:

AtlantisFiber™
Develops sustainable solutions for recycling industrial waste into valuable construction materials.
Website
Bravo Rewards (Scan, Pay and Earn)
Offers a mobile platform that allows users to scan receipts, make payments, and earn rewards seamlessly.
Website
Building Bloc Systems Inc. (Building Bloc)
Provides innovative construction management software to streamline project workflows and collaboration.
Website
Caseway
Specializes in designing and manufacturing protective cases for electronic devices, emphasizing durability and style.
Website
Holdr
Develops ergonomic accessories designed to enhance user experience with handheld devices.
Website
Codezero Technologies Inc.
Offers cloud-native development tools that simplify the process of building and deploying microservices.
Website
Drive Hockey Analytics
Provides advanced analytics solutions to enhance player performance and team strategies in hockey.
Website
Elastic Energy
Focuses on developing energy storage solutions aimed at improving efficiency and sustainability.
Website
EyecareX
Delivers telemedicine solutions tailored for eye care, connecting patients with optometrists remotely.
Website
Flutter Care
Provides digital health solutions to support maternal health and prenatal care through mobile applications.
Website
Garde Bioscience
Engages in the development of biotechnological solutions aimed at combating antibiotic-resistant bacteria.
Website
Mantis XR
Creates extended reality (XR) solutions to enhance training and simulation experiences across industries.
Website
MATT Concrete
Innovates in the concrete industry by developing sustainable and high-performance building materials.
Website
MyTrials.ai
Utilizes artificial intelligence to streamline the clinical trial process, improving efficiency and outcomes.
Website
Open Waters Solar
Develops floating solar technology to harness renewable energy from water surfaces.
Website
Recruit N Refer Technology Inc.
Offers a platform that simplifies employee referrals and recruitment processes for companies.
Website
Sigen AI
Provides AI-driven solutions for signal processing applications across various industries.
Website
Simuhealth
Develops simulation-based training tools for healthcare professionals to enhance clinical skills.
Website
whatifi
Offers a collaborative platform for financial modeling and scenario planning to aid decision-making.
Website

The Future of Marine Transport – Why a Scalable Platform Approach is the Next Big Shift

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Non-Binding Pre-Order Reservation for a Celerity Craft Dynamic Air Cushion Vehicle

Dear [Buyer Name],

This Letter of Intent ("LOI") serves as a non-binding expression of interest by [Buyer Name] ("Buyer") to reserve a future purchase opportunity for an 11.9 metre Dynamic Air Cushion Vehicle ("Vessel") from Celerity Craft Inc. ("Seller").

Reservation and Deposit. The Buyer agrees to place a deposit of $1000 to reserve a future purchase opportunity for the Vessel. The deposit shall be payable upon execution of this LOI and held in a designated account by the Seller. The deposit is considered a part payment and not a guarantee of the Seller's fulfillment of the contract.
Specifications. The nominal specifications for the Vessel are included as an addendum to this letter. These specifications are preliminary and subject to change, as the Vessel and the underlying core technology are still in the development phase. Detailed Buyer requirements and final specifications for the Vessel to be delivered will be negotiated and agreed to between the Buyer and Seller 12 months prior to final delivery.
Pricing. Richard do we want to include nominal pricing [$1m]? The estimated price of the Vessel [$X], is an estimate only and is dependent on the final specification. This pricing is subject to change. A final purchase agreement will be provided prior to production.
Priority. Buyer agrees to deliver vessel number [1], meaning that the Buyer will receive the [first] commercial vessel and will have priority over all other customers and LOIs signed after this date. [do we want to make this commitment?]
Estimated Delivery. The Vessel and the underlying technology are currently in development. The estimated delivery timeframe for the Vessel is December, 2027, subject to final specifications, technology readiness and regulatory approvals.
Cancellation and Refunds. The Buyer may cancel this reservation at any time and receive a full refund of the deposit if a) Seller cannot fully meet the Buyer requirements b) final pricing is not deemed competitive for this class of vessel c) if the timelines for final delivery are deemed by the Buyer to be unacceptable d) if the circumstances of the Buyer change such that the Vessel is no longer needed. [Richard do we want to say cancelable for any reason with refund?] If the Seller is unable to proceed with production, the deposit shall be refunded in full.
No Obligation to Purchase. This LOI does not constitute a legally binding contract for purchase and does not impose any obligation on the Buyer or Seller to complete a transaction. A separate definitive purchase agreement will be required before finalizing the sale.
Use of Reservation Data. The Buyer acknowledges that this reservation is intended to demonstrate demand and assist the Seller in securing investment and funding.
Confidentiality. Both parties agree to keep the terms of this LOI confidential, except as required for financing or business development purposes.

Please sign below to acknowledge your interest in reserving a future opportunity to purchase the Vessel. We appreciate your support and look forward to working with you.

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Celerity Craft Named to Top 20 at BC Summit XI by Startup TNT.

The Future of Marine Transport – Why a Scalable Platform Approach is the Next Big Shift

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