Maritime EV transport — and the S.E.T. ecosystem behind it.
We start with the boat. Operators can buy a hydrofoil vessel on its own and run it from day one — quieter, cleaner and dramatically cheaper than a diesel equivalent. From there we add only what each operator needs: charging, solar, storage, microgrid integration, financing or local service. One partner, scoped to your fleet.
Local service shipyard · Thilafushi
Storage & EV grids
Solar generation
The fleet is local. So is the shipyard that keeps it foiling.
After-sales support that gives operators peace of mind. Our service shipyard, being established at Thilafushi, will be the in-country home of the electric fleet — Artemis-certified technicians, Artemis diagnostics, spare parts stocked locally, and a Maldivian crew trained to keep your hydrofoils in service.
Routine maintenance, in country.
Annual surveys, hydrofoil inspection, propulsion-pod service and class-required maintenance — performed in-country by Artemis-trained Maldivian crews. Fewer moving parts than diesel and a platform designed for quick swap-out — vessels back in service faster.
Energy systems kept production-ready.
Battery-pack health checks, software updates, dockside charger calibration and BESS preventive maintenance. We run the same diagnostics Artemis runs — in-country, without the air-freight bill.
Parts on the shelf, before you need them.
Critical spares stocked in-country — propulsion electronics and control modules — plus an on-call response team for any vessel in our fleet. The difference between a missed transfer and a same-day repair.
Buy the vessel from us and the service comes with the keys.
Multi-year service plans, scheduled-maintenance contracts and rapid-response retainers — priced into the original purchase or layered on later. One owner, one yard, one phone number.
Discuss a service plan →The chargers, batteries and software that turn an island into a fuel station.
A vessel is only as good as the system that charges it. We design, supply and operate the marine fast-charging, battery storage and grid-management software that connects solar generation to the fleet — so every kilowatt-hour from the roof or the lagoon ends up in a propeller, not a generator.
DC fast-charging built for the dock.
High-power dispensers engineered for marinas, ferry terminals and resort jetties. IP-rated against salt spray, monsoon and tropical heat. Charge a hydrofoil between rotations — never a full route lost to refuelling.
Solar by day, storage by night, one island grid.
Containerised lithium battery systems integrated with rooftop and offshore solar into a single island-scale microgrid. Smooths solar intermittency, cuts diesel-peaker hours and powers homes, businesses and the fleet from one source.
One software layer across every jetty.
Cloud-managed charging across multiple islands and operators. Live state-of-charge for every vessel, dynamic load balancing across dispensers, and clean energy reporting your auditors and ESG teams will actually use.
We build the charging infrastructure to your needs — not the other way around.
Tell us your route, your peak hours and your fleet size. We come back with a charger plan, a battery sizing and a TCO model — engineered around your operational reality, not a generic spec sheet.
Request a charging & storage plan →The boat runs on electricity. So should the island that charges it.
Every route is designed to run on solar and battery storage. Where a resort already generates, we integrate vessel charging into the existing arrays; where it doesn’t, generation is delivered with specialist solar partners — built, owned and operated so the hotel’s only capex is the vessel and charging dispenser, and charging is bought per kWh, like fuel.
Already generating? We plug in.
Many resorts already run rooftop or lagoon arrays. We integrate vessel charging and storage into the generation you have — no duplicate infrastructure, no stranded assets.
New capacity, without the capex.
Where new generation is needed, specialist solar partners design, build, own and operate the arrays and battery storage. Power is purchased per kilowatt-hour under long-term agreement — charging bought like fuel.
Solar, storage and EV charging — one system.
Battery storage and intelligent control tie rooftop and offshore arrays into a single island-scale grid that powers the resort, staff village and electric fleet from one source. Diesel becomes the backup, not the baseline.
One TCO model. Vessel, charger, solar, storage — financed and serviced as a single project.
The boat is the headline. The solar is what makes it cheaper than diesel from year one. We model the route, size the energy demand and structure the charging supply — with our generation partners, or around your existing arrays — turnkey, or under a long-term Power Purchase Agreement so capex stays off your books.
Request an OPEX & TCO analysis →An economy built on imported diesel.
Aligned with the Maldives' climate commitments.
Ahead of COP30, the Maldives reaffirmed its Third NDC — a conditional 26% emissions cut by 2030 vs business-as-usual, and a net-zero ambition by 2030 with international support. Electricity and transport are the two sectors that decide whether those commitments hold.
Beyond private transfers, the same platform can serve the country’s longer-term ambition — clean, fast connections between Malé and every inhabited island, easing the fuel burden the public ferry network carries today.
Every diesel-litre displaced is a measurable, verifiable emissions reduction that supports the Maldives' NDC commitments and operators' own sustainability reporting.
S.E.T. delivers in both.
Financing routes, prepared in advance.
Groundwork done before the first meeting — local bank relationships, UK export finance, green and impact debt, and charter structures that can keep the vessel off the balance sheet. Options sized to each buyer, from a single vessel to a fleet.
What S.E.T. delivers.
Foreign-currency savings
Transport modernisation
Climate leadership
Local jobs
Better public mobility
Tourism brand benefit
Why work with S.E.T.
Maldives-based delivery, world-leading technology — one team across vessels and aftersales, logistics, infrastructure and financing.
From our partners.
Selected coverage from our technology partners — the people building the marine EVs, charging systems and energy infrastructure we'll deploy across the Maldives.
Fuel, dollars and the 40% rule: does a vessel investment still make sense?
The Maldives' new 40% foreign currency conversion rule makes dollars scarcer for resorts. Fuel is the one dollar cost a resort can remove. What that means for electric vessel investment.
PROP Worldwide launches with Artemis Technologies to deliver zero-emission ferry service in the Bay Area
PROP Worldwide has acquired an Artemis EF-12 Escape — configurable for over 30 passengers — to redefine ferry services in the Bay Area with community-centric, zero-emission solutions, partially funded through California's CORE voucher programme.
Artemis Technologies, FRS Group, Connected Places Catapult and the Council of the Isles of Scilly partner to advance connectivity in Isles of Scilly
A feasibility study to establish a UK Green Shipping Corridor between Newlyn, Cornwall and St Mary's, deploying the 100% electric Artemis EF-24 Passenger to provide reliable, year-round service on a route where no winter ferry currently operates.
Economy Minister welcomes multimillion deal for Artemis Technologies in the US
Northern Ireland's Economy Minister Dr Caoimhe Archibald welcomed a multimillion-dollar MoU between Artemis Technologies and Washington-based Delta Marine, building on a 20-vessel order from Miami-based Urbanlink and a new Brooklyn Navy Yard base.
Artemis EF-24 Passenger reaches major milestone with delivery of first vessels to Belfast
The first three Artemis EF-24 Passenger ferries have been delivered to Belfast — destined for Brittany Ferries (Condor), Orkney Ferries and Red Funnel — with subsystem installation and fit-out now underway ahead of sea trials and entry into service.
Ready to start a project?
M. Vaarey Villa
Izzudeen Magu
Malé 20317
Maldives Islands
#14-04 Singapore Business Federation
Singapore