Ward Maedgen Accident Attorneys

Top Dallas Accident Attorneys

214-651-4288
  • About
  • Practice Areas
    • Car Accident
    • Motorcycle Accidents
    • Truck Accidents
    • Construction Accidents
    • Wrongful Death
    • Medical Malpractice
    • Premises Liability
    • Products Liability
    • Bad Faith Insurance Claims
    • Brain Injury
  • Testimonials
  • Contact

Dallas-based Company Looks to Build Electric Boats

September 6, 2022 by Debbie Leave a Comment

Alloy is working towards building electric boats that are capable of autonomous driving according to a Dallas Morning News article. They say,

“Carmakers like Tesla brought semi-autonomous electric vehicles to the mainstream, and now a local company wants to do the same for recreational boating

Grapevine-based Alloy wants to build an electric boat that’s capable of avoiding other boats, docking and even driving itself from place to place under ideal conditions. The company has developed a software prototype and hopes to bring a product to the market in 2024.”

Alloy’s CEO and co-founder, Brandon Cotter, was reading about electric cars and realized that it was time to hop on that trend in the waters and subsequently organize a fundraising according to a NewsBreak article which reports, 

“The company has a software prototype and wants to bring a product to the market in 2024. CEO Brandon Cotter worked on 11 other startups before co-founding Alloy. Cotter grew up on the water, and the idea for his product came to him as he was sitting in the back of his own boat. He had been reading about the car industry moving towards electric and self-driving cars, and he realized it was only a matter of time before someone jumped on the trend in the marine industry.

Cotter and Alloy is wrapping up a round of fundraising in Texas that netted the company $2.5 million dollars. The level of autonomy will depend on water conditions.”

Alloy hopes to raise $10 million by the end of the year, and they aim to bring a product out to the market by 2024.

Filed Under: Uncategorized

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Recent Posts

  • $12.5M Prairie Oaks Ranch for Sale
  • North Texas Mom Goes Viral Embracing Messiness
  • Texas Genetics Firm to Revive Dodo Bird
  • Cook Children’s Makes History with Conjoined Twin Separation
  • Mystery Surrounds Death of Dallas Zoo Vulture

Footer

Practice Areas

  • Car Accident
  • Motorcycle Accidents
  • Truck Accidents
  • Construction Accidents
  • Wrongful Death
  • Medical Malpractice
  • Premises Liability
  • Products Liability
  • Bad Faith Insurance Claims
  • Brain Injury

Contact

Ward Maedgen Accident Attorneys
8144 Walnut Hill Ln
Suite 1080
Dallas, TX 75231

  214-651-4288
  877-268-6866 – Toll Free

Follow

*”Instant case scores” do not constitute legal advice nor any recommendation pertaining to your case nor does it guarantee that any attorney will be able to take your case.

This website (the “Website”) is a service made available by The Tactical Company, its partners, affiliates or subsidiaries (“Provider”). The Website provides general information related to the law and lawyers designed to help users safely cope with their own legal needs. This website does not provide legal advice and Provider is not a law firm. None of our customer service representatives are lawyers and they also do not provide legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want legal advice. No attorney-client or confidential relationship exists or will be formed between you and Provider or any of our representatives.

© 2023 Tactical LLC | Privacy Policy
Site Maintained by The Tactical Co.
Cleantalk Pixel