ALUULA and Airseas Ensure ALUULA's Composite Fabrics for Seawing Kite for Cargo Vessels to Move Towards Decarbonization

Executive Summary

• ALUULA Composites Inc. entered a binding twelve‑month supply purchase agreement with OCEANICWING SAS (operating as Airseas) effective January 1, 2026, securing demand for its composite fabrics in the Phase 2 development of Airseas’ Seawing wind‑propulsion system.
• The agreement sets fixed pricing and minimum purchase volumes for up to 600 m² of ultra‑light, recycle‑ready composite material per kite, supporting Airseas’ planned sea trials on a bulk carrier in 2026.
• The partnership positions ALUULA to benefit from the anticipated 20 % fuel‑savings and emissions‑reduction potential of the Seawing system, enhancing its exposure to the maritime decarbonisation market.

Key Details

• Agreement Scope: Twelve‑month term beginning 1 Jan 2026; fixed unit prices; minimum material purchase volumes stipulated (specific quantities not disclosed).
• Product Application: Composite fabrics will be used for constructing 600 m² Seawing kite(s) – the next‑size up from the 300 m² kite tested in June 2025.
• Development Milestones: Phase 2 of Seawing underway; large kite already built; land‑based testing completed; sea trials scheduled for 2026 on a bulk carrier.
• Commercial Impact: Guarantees continued revenue stream from Airseas during critical development stage; aligns ALUULA’s production scheduling with Airseas’ timeline.
• Strategic Significance: Enhances ALUULA’s exposure to the maritime wind‑propulsion market and supports its sustainability narrative (ultra‑high molecular weight fibers, eight times stronger than steel, recycle‑ready).
• CEO Quote: Sage Berryman highlighted the partnership as a joint effort to accelerate sustainable innovation and decarbonisation in shipping.

Notable Quotes

“We are proud to be able to work with Airseas, united by a joint vision to accelerate sustainable innovation… helping Airseas … to establish new standards that will shape the future of the shipping industry, towards decarbonization.” – Sage Berryman, CEO & President, ALUULA.