Arc, a dynamic startup based in Los Angeles, has recently unveiled its latest innovation, the Arc Sport electric sport boat, signaling a significant advancement in the electric boating sector. This groundbreaking vessel, priced at $258,000, marks Arc’s entry into the mass-market segment, following the success of its premium speedboat, Arc One. With a focus on blending luxury, performance, and sustainability, Arc Sport is poised to redefine the boating experience for enthusiasts worldwide.
The launch of Arc Sport comes on the heels of Arc’s impressive fundraising efforts, which saw the company secure $70 million in early-stage funding. Notable investors, including basketball star Kevin Durant and Hollywood icon Will Smith, have shown confidence in Arc’s vision and potential for growth. This influx of capital has enabled Arc to accelerate its product development initiatives and expand its presence in the electric boating market.
Designed to cater to a diverse range of consumers, Arc Sport boasts impressive specifications and features. With a length of 23 feet and the capacity to accommodate up to 15 passengers, this electric sport boat offers ample space for leisurely cruises or adventurous water sports activities. Powered by a robust 226 kilowatt-hour battery and a high-performance 570 horsepower motor, Arc Sport delivers exhilarating speed and agility on the water.
One of the key distinguishing factors of Arc Sport is its innovative software capabilities. Equipped with the ability to receive over-the-air software updates, Arc Sport ensures that owners always have access to the latest enhancements and features. This seamless integration of technology not only enhances the user experience but also underscores Arc’s commitment to continuous innovation and customer satisfaction.
Mitch Lee, CEO of Arc, has emphasized the strategic importance of Arc Sport within the wake sport industry. By targeting strong demand for premium electric boats in this segment, Arc aims to position itself as a leading player in the market. Lee highlighted the competitive pricing of Arc Sport, making it an attractive option for customers seeking both performance and value in their electric boating experience.
Arc’s journey towards innovation is driven by a team of talented engineers and professionals with diverse expertise. Founded in 2021 by former Boeing engineers Mitch Lee and Ryan Cook, Arc has leveraged its in-house development capabilities to create cutting-edge solutions for the electric boating industry. Drawing talent from renowned companies such as SpaceX, Tesla, Rivian Automotive, Brunswick, and MarineMax, Arc has assembled a team of experts dedicated to pushing the boundaries of technology and design.
The success of Arc’s first premium speedboat, Arc One, serves as a testament to the market’s appetite for innovative electric watercraft. Despite its higher price point, Arc One sold out, indicating strong consumer interest in Arc’s products and technology. The company’s ability to attract top-tier investors, including venture capital firm Andreessen Horowitz, Dreamers VC, and Kevin Durant’s 35V, underscores the industry’s confidence in Arc’s vision and potential for growth.
Looking ahead, Arc is poised to continue its trajectory of success with the introduction of Arc Sport and other forthcoming innovations. As the electric boating industry continues to evolve, Arc remains committed to driving innovation, sustainability, and accessibility within the market. With its focus on delivering cutting-edge technology, unparalleled performance, and exceptional value to customers, Arc is set to redefine the future of recreational boating and solidify its position as a leader in the electric boating industry.
