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Tectrax
Auckland, NZ · 3 known investors
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Tectrax designs and builds electric amphibious boat systems that eliminate the need for trailers and tow vehicles, enabling rapid 30-second launches from virtually any location. The company serves recreational boaters and boat builders seeking to simplify water access and reduce launch friction.
Also known as Boat-Launcher · Tectrax Electric Amphibious
Founders & leadership
Investors · 3
How we know: Movac's portfolio page · funding news · press coverage · research · movac.co.nz · Not right? Tell us
Also in the syndicate · 1
Company profile
researched Aug 2026Tectrax is an electric marine technology company that designs and builds electric amphibious systems and the Boat-Launcher product, which allow boats to move between land and water without a trailer or tow vehicle. The company states its systems complete a launch in about 30 seconds, use a 48V fully electric, hydraulic-free architecture and deliver over 4,500Nm of torque, and are designed for safe, stable all-terrain operation so boats can be launched away from conventional boat ramps.
Rather than selling a complete boat direct to consumers, Tectrax works with boat builders and trailer manufacturers to fit or retrofit amphibious systems to existing aluminium and fibreglass hull designs. Its investor describes advantages of the electric approach over internal-combustion amphibious systems, including lower noise, lower mass, smaller footprint on the boat and reduced maintenance. Tectrax and Boat-Launcher are part of Wave Propulsion Group, alongside sister company ZeroJet, combining electric propulsion, amphibious mobility and launch systems.
Founding story
Tectrax was started in 2014 by a group of boating enthusiasts who identified the market opportunity through their own use of boats and worked on the concept alongside full-time jobs; the company website also cites 2017 as a founding date. The founding team is Anatole Masfen, Derek Slatter, Hamish McCourtie, Alistair McCourtie and Rob Gower. The business was bootstrapped prior to institutional investment.
Business model
Tectrax supplies its electric amphibious systems to boat builders and trailer manufacturers, which fit or retrofit the systems to their existing boat designs, allowing Tectrax to use partner OEMs' established sales channels rather than competing with them directly.
Sales of electric amphibious systems and launch technology through boat builder and trailer manufacturer partners.
Traction
Tectrax reports partnerships with multiple New Zealand boat builders and a broader network of builders and trailer manufacturers in Australia, Europe and the UK, with additional locations noted as coming soon. The company bootstrapped operations until its 2022 seed round, and publicly launched Boat-Launcher at the Hutchwilco New Zealand Boat Show.
Latest developments
Tectrax completed a merger with electric propulsion company ZeroJet, with both businesses operating under Wave Propulsion Group, and publicly launched the Boat-Launcher product at the Hutchwilco New Zealand Boat Show.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Tectrax operates in the amphibious boating segment, differentiating from competitors that sell amphibious boats direct to consumers and from incumbent amphibious systems powered by internal combustion engines. Its investor frames the company as aligned with the electrification of marine transport, a sector described as lagging automotive electrification but gaining momentum.
The OEM partnership model lets buyers keep their preferred boat brand while gaining amphibious capability, and lets Tectrax use partners' sales channels. Technically, the electric, hydraulic-free system is presented as quieter, lighter, less bulky and lower-maintenance than internal-combustion amphibious alternatives, and it removes the need for a trailer, tow vehicle and suitable boat ramp.
Technology
The platform is a 100% electric, 48V amphibious drive and launch system with a hydraulic-free architecture, producing more than 4,500Nm of torque and enabling an automated 30-second launch. The second-generation hydraulic-free design is positioned as lighter, quieter and lower-maintenance than earlier systems, and the company describes a smart collaborative design approach for integrating with partner hulls.
Go-to-market
Sales are channelled through partnerships with boat builders and trailer manufacturers, supported by public product demonstrations such as the Boat-Launcher debut at the Hutchwilco New Zealand Boat Show. The company is actively seeking partners in South Africa.
Recreational boat owners, including older boaters for whom conventional launching is physically demanding, reached through boat builders and trailer manufacturers in the aluminium and fibreglass boat markets.
Geography
Headquartered in New Zealand, with a partner network of boat builders and trailer manufacturers across New Zealand, Australia, Europe and the United Kingdom, and stated interest in adding partners in South Africa.
History
After being started in 2014, the company spent several years on engineering, testing and refinement before introducing a second-generation hydraulic-free launch system described as cleaner, lighter, quieter and lower-maintenance. Tectrax and ZeroJet subsequently completed a merger, bringing electric amphibious systems together with electric propulsion under Wave Propulsion Group. In March 2022 Movac led a NZ$2m seed round to fund larger-scale R&D, team growth and technology expansion, and Boat-Launcher later debuted publicly at the Hutchwilco New Zealand Boat Show.
Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsMovac announced it led Tectrax's $2m seed round, investing alongside marine-sector investor Paul Davidson; the company had bootstrapped to that point. Tectrax is held in Movac Fund 5.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 4
primary sources listed
- About Us — Tectrax Electric Amphibioustectrax.co.nz · web
4 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Tectrax do?
- New Zealand marine technology company building electric amphibious systems that let trailer boats launch without a ramp or tow vehicle.
- Who are Tectrax's investors?
- Tectrax's investors include Booster Innovation Fund, Movac.
- Where is Tectrax headquartered?
- Tectrax is headquartered in Auckland, NZ.