27 Jan 2014

$355,000 research grant for power boat maker

5:45 am on 27 January 2014

Sealegs International has won a $355,000 research and development grant by Callaghan Innovation.

The amphibious power boat company says the money will be used towards deverloping a larger craft that can operation in commercial and governments sectors.

Sealegs hopes to commission and trial the new craft in New Zealand this year.