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TORONTO, ON | JANUARY 13, 2026 — Visitors to this year’s Toronto International Boat Show (TIBS) will see something truly visionary: a boat that flies above the water.
ENVGO, a trailblazing aerospace engineering and marine technology company, will make its TIBS debut with the North American launch of its flagship vessel, the NV1, the only hydrofoil boat on display at the show.
Engineered with aerospace technology, the NV1 combines advanced hydrofoiling, an AI co-pilot, and a high-performance electric drivetrain to deliver a ride that’s smooth, quiet, and up to four times more efficient than traditional electric boats. NV1’s hydrofoils lift the hull above the water’s surface, dramatically reducing drag and wave impact. This enables greater speed and range—two factors that have traditionally been difficult to achieve simultaneously in electric marine vessels.
Founded to advance next-generation marine technology, ENVGO was created in response to the growing demand for cleaner, smarter ways to experience time on the water. With the launch of NV1, hydrofoiling moves beyond the experimental phase into a production-ready system, built for early adopters and visionaries alike. Behind this milestone is a team with a proven track record of breakthrough innovation, having previously built and scaled Aeryon Labs into a global drone technology leader that FLIR Systems acquired for $200 million in 2019.
“The NV1 represents a fundamental shift in how boats are designed and experienced,” said Paul Masojc, COO and co-founder of ENVGO. “By engineering performance, efficiency, and ease of use together from the outset, we’ve created a vessel that drastically outperforms conventional electric boats, with a design as striking as the experience itself.”
As a category leader and standout innovator at TIBS, ENVGO invites attendees to experience the NV1 up close, speak directly with the founders and engineers behind the technology, and explore how electric hydrofoiling boats are transitioning from concept to reality.
“There comes a moment when technology stops feeling futuristic and starts feeling real,” said Mike Peasgood, CEO and co-founder of ENVGO. “For electric hydrofoiling boats, that moment is now. We’re excited to unveil the NV1 on the renowned stage of the Toronto International Boat Show and show what the future of boating looks like.”
Visit ENVGO at Booth #617 from January 17 to 25, 2026, to see the only hydrofoiling boat at the show, learn how the technology works, and be one of the first to bring the future of electric marine performance to the water.
ABOUT ENVGO
ENVGO is a Canadian marine technology company building the future of clean, intelligent watercraft. By fusing aerospace engineering with robotics and AI, ENVGO is reimagining marine transportation. Its flagship vessel, the NV1, is a zero-emission electric hydrofoiling cruiser offering an extraordinary “flight over water” experience and four times the efficiency of traditional electric boats.
Founded by serial entrepreneur Mike Peasgood, ENVGO has deep aerospace and AI expertise from the drone and defence sectors. The company is building a scalable, license-ready system enabling OEM partners to deliver high-performance, zero-emission hydrofoiling vessels.
Learn more at www.envgo.com.
Media inquiries: sarahb@durrellcomm.com
