ENATA Takes Minority Stake in Manta Foils to Expand Electric Hydrofoil Development

ENATA has acquired a minority stake in UAE-based electric-hydrofoil specialist Manta Foils, formalising an industrial relationship that already spans advanced composites and product development. The investment brings the two companies closer across engineering, manufacturing and research as they pursue lighter, more efficient marine mobility systems.

Minority investment formalises an existing partnership

ENATA has already been supplying high-performance carbon-composite components for Manta Foils products, supporting the development of lightweight and durable hydrofoil platforms. The investment now formalises a deeper strategic partnership between the companies while extending an industrial relationship that was already supporting Manta Foils' product development.

ENATA Group chief executive Alois Vieujot said the decision reflects confidence in Manta Foils' technology platform and its position in the developing electric-hydrofoil market. He also framed the transaction as part of ENATA's wider commitment to technologies intended to improve performance, efficiency and user experience in marine environments.

Engineering and R&D collaboration expands

Under the new arrangement, ENATA will continue providing advanced composite solutions while the companies broaden their work together in engineering and research and development. Manta Foils is also expected to draw on ENATA's expanding development capabilities in Abu Dhabi, giving the hydrofoil company access to additional infrastructure as it develops and industrialises future products.

The structure of the deal points to a practical technology partnership rather than a purely financial investment. Composite manufacture, engineering input and R&D support are areas in which ENATA already has direct marine experience, while Manta Foils contributes a specialised electric-hydrofoil platform and a focus on electrically assisted foiling.

Electric hydrofoils move further into marine technology

Hydrofoils reduce the amount of craft surface moving through the water by lifting the hull or board as speed builds, making weight, structural stiffness and propulsion efficiency central to performance. That makes carbon composites and electric-drive development natural areas of overlap as manufacturers continue refining compact electric marine systems.

Neither company disclosed the value of the transaction or the precise size of ENATA's minority holding. For the marine sector, the immediate development is the formalisation of a relationship that now combines investment, composite production and development resources under a longer-term collaboration.