Electric marine technology companies ZeroJet and Tectrax are to merge.
The merger of the two New Zealand based companies is expected to be finalised by December 2024 and will bring together their complementary experience while allowing both brands to continue to grow in their respective sectors.
The merger is aimed at establishing the combined company as a global leader in next-generation electric drives and amphibious boat systems.
By uniting ZeroJet’s 48V electric propulsion technology with Tectrax’s electric amphibious solutions, the new entity will offer a significantly expanded product portfolio.
ZeroJet is known for its low voltage electric jet boat propulsion systems that boat builders including Highfield Boats, Spark and Agilis have integrated into their 2025 product lines.
Tectrax have developed full electric amphibious solutions for boat builders, providing torque and power for tough coastal environments.
This merger establishes a powerful platform for innovation and resilience.
Mark Robotham
“This merger establishes a powerful platform for innovation and resilience, positioning us to become one of the largest suppliers of electric marine systems globally,” said Mark Robotham, CEO.
And he said that by merging, ZeroJet and Tectrax will use their shared technologies, supply chains, and sales channels to create a multi-product company.
Both ZeroJet and Tectrax already work in partnership with several boat builders and OEMs in New Zealand and internationally.
“There’s so much development in electric marine. We’re showing how a company in New Zealand can lead the way,” said Neil Mans, co-founder, ZeroJet.
“We’ve seen it before with companies like Rimac Automobili in Croatia—they’re amazing, completely redefining electric performance in vehicles.
“I see the same drive, the same level of engineering and innovation in this new company as I do in Rimac’s workshop, except we’re doing it all in marine,” said Neil Mans, co-founder, ZeroJet.
