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Press Release

TIME has revealed its annual list of the Best Inventions, which features 200 extraordinary innovations changing our lives.

To compile the list, nominations are solicited from TIME’s editors and correspondents around the world, and through an online application process, paying special attention to growing fields—such as AI, green energy, and sustainability, a pre-selected list is gathered. TIME then evaluate each contender on a number of key factors, including originality, efficacy, ambition, and impact.

Of the new list, TIME's editors write: "The result is a list of 200 groundbreaking inventions (and 50 special mention inventions)— including the world's most powerful supercomputer, a game-changing entertainment venue, and a new shape—that are changing how we live, work, play, and think about what's possible." 

Press Release

Faroboats Partners with Nauta Systems to Expand their Distribution Network to Spain

Nauta Systems specialises in electric propulsion as well as energy generation and storage. Their founders share a passion for the ocean, vast experience in the European nautical market, and a commitment to the transformation that electric and hybrid propulsion brings into the nautical environment. Faroboats is dedicated to sustainable solutions for the nautical world. It was a natural alliance. 

Press Release

Faroboats have just signed a long-term contract with Neonautica, an Abu Dhabi-based major player in sustainable energy solutions and mobility that will now become Faroboat’s sole and exclusive representative for the whole MENA region.

One of the main keys to success today, apart from an innovative idea and its superb execution, lies in finding world-class partners to steer your business in markets we do not master ourselves. Neonautica has clearly become one such partner for us, and we could not be more confident about our prospects throughout the entire Middle East.


With this important strategic alliance, Faroboats solutions have now become represented and distributed across all of the 5 continents worldwide.

Press Release

Faro5 Wood Conquers 1st Place in the Gussies Awards 2022

The Gussies, powered by, are the only international boating awards exclusively dedicated to electric boats. A global audience of almost 15 000 boat enthusiasts and an international judging panel of 19 e-boat experts have recognized the Faro5 Wood as Best-in-Class in the under 8m category. Over 1000 boats from 21 countries were evaluated.

“We could not ask for anything more, or anything better. This means we are currently producing the best 5-meter electric boat in the world, and that’s even before we talk about its solar-powered charging dock.” Stated Nuno Amaral Frazão, CEO of Faroboats, when faced with these great news.

Faroboats, makers of the first fully self-sustainable solution for luxury leisure boating in the world, have been steadily growing their presence across the World. This major Award confirms that Portuguese naval design is vibrant after 500 years, and that Portuguese maritime expertise is still smoothly sailing.

Press Release

Faroboats dramatically expands its distribution network across the world

We have been steadily growing our presence across the World:

Nova Luxe Yachts , will now represent the brand across 7 States in the US; SeaVolt, will be offering Faroboats down under in their 3 most significant States; and All Yacht Broker, will offer Faroboats in 4 major Regions in France.

We would like to welcome these great companies into the Faroboats family, and express our deep gratitude for their confidence in our uniquely sustainable boating solutions.

In ELLE Decor

Alla scoperta delle barche più belle del Cannes Yachting Festival 2022

Press Release

Faroboats Brings Manufacturing Back Home by Partnering with World-Class M.A.R./Nelo

Faroboats have decided to bring all its manufacturing back home to Portugal, regaining full control over the quality and premium finishing of their products. While the first Faro5’s and the Solar Charging Dock prototypes were produced at a Central European shipyard, the Faroboats team soon felt that production should be brought closer to home at this early stage, for further quality control.

We needed a World-Class Partner with vast International experience, and we certainly found it with M.A.R./Nelo. Anyone who has had any contact with high- performance worldwide competition in kayaks and canoeing knows this Brand: with 93 Olympic Medals conquered aboard their watercraft, they’re quite simply the best in the world. Their superb manufacturing facilities in Northern Portugal will be more than capable of producing the Faro5 and its Solar Docking Station to our demanding standards.

This move forms a natural alliance: an established global player expanding its water-bound production capabilities will be providing state-of-the-art production facilities and specialised staff to a young, ambitious and highly innovative watercraft company. 

Press Release

Faroboats partners with prior yachting for excellence in Benelux and German markets

Portuguese boatbuilder Faroboats, creators of the world’s first fully self-sustainable solution in powerboating, have just signed an exclusivity deal with Dutch Yacht Broker Prior Yachting to bring both the Faro5, its Solar Docking Station and any new Faroboats launches to The Netherlands, Belgium, Luxembourg and most of Northern Germany.

And since Faroboats has already confirmed attendance at this year’s Cannesand Monaco Boat Shows, you may yet see the results of this new partnership in action when you visit either - or both.

In Boatim

Dubai Boat Show Seen From the Eyes of a New Boat Brand

23 March 2022

In Esquire Middle East

What to do at the Dubai International Boat Show 2022

March 2022

in Liguria Nautica

Faro5: the electric boat in wood with solar powered charging station

15 January 2022

in AutoEvolution

Meet the World’s First Luxury Electric Boat With an Integrated Solar Charging Dock

06 October 2021


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Press Kit

Through the European Economic Area (EEA) Agreement, Iceland, Liechtenstein, and Norway are partners, in the internal market, of the Member States of the European Union. As a way of promoting a continuous and balanced strengthening of the economic and trade relations, the parties of the European Economic Area Agreement have established a Multiannual Financial Mechanism, known as the EEA Grants. The EEA Grants aim to reduce the economic and social disparities in the European Economic Area and strengthen the bilateral relations between beneficiary and donor countries. For the period 2014-2021, a total contribution of 2.8 thousand million euros has been agreed to 15 beneficiary countries. Portugal will benefit from an amount of 102.7 million euros. Know more at

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