Navatek Cruises is an innovative maritime company that specializes in advanced hull designs, naval architecture, and hydrodynamic research. Founded in 1979, the company operates from Honolulu, Hawaii and is a subsidiary of Pacific Marine, which was established in 1944. Navatek has a team of 47 employees and annual sales reaching $17 million, while its parent company, Pacific Marine, employs 350 individuals and generates $73 million in annual revenues.
With a strong reputation for producing significant innovations through research over the past 30 years, Navatek has 23 U.S. and foreign patents, with six more pending. The company has successfully transitioned many proprietary technologies to commercialization and continues to innovate to enter the market with new technologies soon. Its expertise lies in advanced hull form hydrodynamic research, naval architecture, and the development of ride control systems for diverse clientele, including the U.S. Navy, allied foreign militaries, and commercial clients.
Navatek also specializes in wave energy conversion (WEC) systems and energy storage systems leveraging its hydrodynamics and ocean engineering expertise, with a focus on providing hydrodynamics/computational fluid dynamics (CFD) consulting services to external clients. The company's last venture round investment was $1.88M in January 2017, contributing to its ongoing efforts in maritime innovation. **Industries**: Energy, Information Technology, Marketing, Energy Storage
