Cristina Aleixendri Muñoz
Reducing shipping emissions through wind-assisted propulsion solutions

Cristina Aleixendri Muñoz

COO & Co-founder bound4blue

Wingsails

Supported by:

EIT Climate-KIC The EIT Climate-KIC is supported by the EIT, a body of the European Union

Generated funding

EUR 5 800 000

Aim

To reduce CO2 emissions in the maritime transport industry by using wind to boost vessels’ engines

Prizes

Top 50 Entrepreneurs, 2019 Forbes 30 under 30 Europe – Manufacturing and Industry

Main product

Wingsails

The Project

  • The idea

    We developed two innovative wingsail systems that generate effective thrust from wind power, thereby reducing the engine power required by vessels as well as shipping costs.

  • Inspiration

    The environmental and health damage posed by the maritime industry encouraged us to bring a solution to major challenges faced by commercial shipping: high fuel operating expenses and emissions reduction pressure from international entities.

  • Unique selling points

    Our product allows for major fuel savings and emissions reduction with a payback below five years. It is also relevant to fleets with air draft or operation limitations. Our system has extended operability thanks to the rotation capability and the operation of our system is simple and fully autonomous.

  • Societal impact

    Our technology reduces shipping-related emissions which cause childhood asthma and cardiopulmonary and lung cancer deaths each year. It provides huge opportunities to modernise the infrastructure, creating new jobs in the process.

  • EIT Community support

    EIT Climate-KIC supported us with financing, mentoring, training and access to a global network of investors. It also helped us increase our media exposure.

  • Overcoming adversity

    Inspiring respect can be challenging in a male-dominated industry. To overcome this, I relied on other female entrepreneurs and friends.

Wingsails

The Nominee

  • The beginning

    I realised that while many of the commodities around us are shipped on board a vessel, we need healthy oceans. It later became clear to me that engineering offers infinite ways to solve the world’s most pressing challenges.

  • Rewarding moments

    There are many: the first time investors believed in us, our first successful prototypes, Forbes naming us one of the 30 brightest manufacturing and industry entrepreneurs under 30 in Europe...

Inspiring respect is also challenging in a male-dominated industry. To overcome this, I relied on other female entrepreneurs and friends.