Forza X1, Inc. revealed that it entered a partnership with Avikus Co. Ltd. (a startup specializing in autonomous navigation solutions, was established in December 2020 by H.D. Hyundai and former parent company, Twin Vee PowerCats Co. that is set to redefine the landscape of recreational sport boating.

This partnership aims to create the world's first autonomously equipped recreational sport boat company. Avikus, a trailblazer in advanced driver assistance systems and autonomous boat technology, along with Forza, Twin Vee, and AquaSport Boats, are embarking on an exhilarating journey to revolutionize the recreational boating experience. The fusion of Avikus' autonomous prowess and the Company's industry vision and market expertise is expected to pave the way for an entirely new era in aquatic adventures.

Avikus, Forza, Twin Vee), and AquaSport Boats plan to deliver a line of center and dual console recreational sport boats; each craft is meticulously designed, developed, and manufactured to provide an unparalleled boating experience incorporating advanced navigation assistance and autonomous functionality. The first models, equipped on boats built by Twin Vee's subsidiary, AquaSport Boats, are scheduled to debut this summer. Additional models are planned to be introduced in late 2024 under the Twin Vee, Forza X1, and AquaSport brands.

The partnership intends to advance the recreational sport boating market by harnessing the power of A.I., sensor fusion, and machine learning to provide a new level of safety, convenience, and confidence to both new and experienced boaters. Avikus' NeuBoat technology will bring the innovations the innovations we have seen in the automotive sector to the recreational marine market, such as 360-degree situational awareness, 3D cluster views, advanced route planning, "smart" autopilot navigation that can identify objects and avoid potential collisions, and most importantly, autonomous self-docking capability. These enhancements are expected to attract the next generation of boaters to the market and aid existing boaters with navigation and docking.

In a market that is constantly looking for ways to differentiate through innovation to capture the hearts and minds of customers, the innovative efforts of Avikus, ForZA, Twin Vee, and AquSport Boats are expected to serve as an example of what is possible for builders wishing to work with Avikus to bring the exhilaration of AI-powered autonomous boating solutions to their owners. ThinkEquity served as an advisor to the Company.