▪ Private & Confidential — Early Investor Round
Water Roads
Urban Water Transit

Electric Vessels Replacing $25B in Old Ships in 50 Global Waterways

Sydney Investor Briefing · May 2026 · Strictly Private & Confidential
The Global Problem

62+ cities globally have over-congested land transport and underutilised waterways.

Cities are in crisis. Over-congested land transport and underutilised waterways together contribute to more than $201 billion in annual economic costs from congestion and pollution — costs that are rising as urban populations grow and road infrastructure reaches capacity.

Cities with navigable waterways and unmet transit demand
New YorkMiamiRio de JaneiroLondonAmsterdamLisbonIstanbulLagosMumbaiHong KongManilaSingaporeBrisbaneSydneyMelbourneSeattleRotterdamHamburgCopenhagenStockholmBangkokJakartaShanghaiTokyo
62+
Cities with over-congested land transport and underutilised waterways
$201B
Annual economic costs of urban congestion and pollution globally

The Solution

Water Based Metro: 90% Lower Cost. 8× Faster Deployment. 60% More Efficient.

Water Roads is an Australian urban transit technology company building the world's first Water Metro — a zero-emission, electric hydrofoil urban transit service that operates as a platform. Where traditional light rail and metro projects require years of construction and hundreds of millions in public capital, Water Roads deploys in months using existing wharf infrastructure and privately funded vessel fleets.

MetricLight Rail / MetroWater Roads
Deployment Cost$55M – $325M per km$2M – $5M per route
Deployment Time3 – 8 years6 – 9 months
Trip Time (Sydney pilot)45+ minutes by road18 minutes by water
Service FrequencyEvery 25–30 minutesEvery 6 minutes
Public Capital RequiredFull government funding$0
Carbon EmissionsSignificant construction footprintZero operational emissions

The Vessels

Next Generation Hydrofoils. Ready for Service.

Water Roads holds exclusive regional supply agreements with the world's two leading electric hydrofoil manufacturers. Both vessels are beyond the prototype stage — they are operational, certified, and proven in real-world transit conditions.

Candela P-12 electric hydrofoil in flight
TRL 9 — Fully Operational

Candela P-12

Proven in commercial service on Stockholm's inner harbour since 2022. 50,000+ passengers carried at 98.2% service reliability. 80% lower energy consumption than conventional ferries.

Passengers30
Speed25 knots
Energy reduction80% vs conventional
Wave tolerance≤ 2m
AMSA statusCertification underway
RoutesInner harbour / inter-city
Deployed Stockholm 2022–present · Trialled NEOM Saudi Arabia 2024 · 25% patronage uplift recorded
Artemis EF-14 electric hydrofoil transit vessel
TRL 8–9 — System Qualified

Artemis EF-14 Transit

Launched at America's Cup 2024 Barcelona. Operational as a 12-passenger luxury transit vessel with 52nm range. Pursuing AMSA Class 1C certification for Middle Harbour and Northern Beaches routes.

Passengers12
Speed30 knots
Range52 nm
Wave tolerance≤ 4m
AMSA statusClass 1E/D certified
RoutesAll routes incl. open sea
America's Cup 2024 Barcelona · Pursuing Class 1C for restricted offshore routes Q1 2026
50,000+
Passengers carried Stockholm (since 2022)
98.2%
Service reliability Candela P-12
80%
Energy reduction vs conventional ferries
97.5%
Lower 30yr carbon footprint (KTH)

Business Model

Fleet Management & Fare Generation.

Water Roads is a platform company — analogous to the Uber or Airbnb model applied to urban water transit. The company purchases and manages vessel fleets, earns fare revenue per passenger trip, and licenses its platform technology (Blue Pathways™ route scoring, Deep Power™ charging, WREI carbon certification) to operators in other cities.

Revenue Model
$9.00
Average fare per trip (blended, AUD, incl. student discounts and weekend demand)
Revenue Progression
Sydney · 2027
2.4M trips/yr
$21.6M
Australia · 2030
10.7M trips/yr
$96.3M
Global · 2032
49.3M trips/yr
$443.7M

* Pricing accounts for student discounts, cap-based usage limits, and weekend demand variation

Additional Revenue Streams
Technology Licensing — Blue Pathways™ route scoring and WREI carbon certification licensed to operators in other cities
Carbon Credits — Zero-emission operations generate tradeable carbon credits under Australian Carbon Credit Unit (ACCU) scheme
Government Subsidies — Eligible for transport service contracts, COP31 climate infrastructure funding, and NSW active transport grants
Deep Power™ Power Supply — Floating battery barges can supply power to adjacent waterfront precincts, activating river frontage without built infrastructure (per Parramatta River Strategy)
Full Stack — One Contract

Water Roads manages the complete operational stack under a single service agreement: vessel acquisition, route planning (Blue Pathways™), shore-based charging (Deep Power™), crew, ticketing, maintenance, and carbon reporting (WREI).


Roadmap

Sydney Pilot. Australia Growth. Global Expansion.

TimingPhaseStrategyKey Routes
2026–2027Sydney PilotUsing existing TfNSW wharf infrastructure. $0 public capital.Rhodes / Wentworth Point → Barangaroo (Nawi Cove)
2027–2028Australia ExpansionNew infrastructure with government or developer funding support.Sydney CBD → Seaforth, Frenchs Forest, Lane Cove, Parramatta · Geelong → Melbourne · Brisbane → Manly
2028–2030International ExpansionFirst international market entry targeting high-growth urban waterway cities.50+ city expansion across Asia-Pacific, Europe, and North America
COP31 — November 2026

Australia hosts COP31 in partnership with Pacific Island Nations. A working electric hydrofoil service on Sydney Harbour during COP31 would demonstrate Australian climate leadership to a global audience of heads of state, investors, and media.


Partnerships & Approvals

Certifications, Agreements, and Government Engagement in Place.

Confirmed
TfNSW — Authority to operate from existing wharves granted. Service designed for integration with existing transport network. Ticketing policies and subsidies under active discussion.
Exclusive supply agreements — Candela (Sweden) and Artemis Technologies (UK) — exclusive regional partnerships for electric hydrofoil vessels.
AMSA — Formal certification process underway. Working groups established. Novel craft certification team engaged.
Deep Power™ — Australian-designed floating battery platform in procurement. Manufactured in NSW (Canada Bay, scaling to Hunter Region).
Port Authorities — Routes comply with fairway and speed restrictions. No exemptions required.
Power utilities — Initial grid survey verifies draw supported without changes to local grid. Utility engagement upon completion of Phase 1 fundraising.
Government & Regulatory Partners
Transport for NSW
Authority to operate from existing wharves. Integration with NSW transport network. Ticketing and subsidies.
AMSA
International vessel certification (IMO Standards, Lloyd's and DNV Class Certificates). Novel high-speed craft pre-Q1 2026.
Local Councils
Terminal location agreements with waterfront councils. Community support and improved transit connections (Phase 1).
SECNewgate
Engaged to manage political and union support. Water Roads meeting with senior government Ministers and union leaders from October 2025.
Manufacturers Workers Union of Australia (MWUA)
Engaged on Australian manufacturing jobs, crew employment, and industrial relations for the Phase 1 pilot.
Stakeholders Briefed
Transport for NSWInfrastructure NSWBAFI / Investment NSWCity of Canada Bay CouncilCity of Parramatta CouncilAMSAMacquarie GroupSydney Harbour TrustManufacturers Workers Union of Australia (MWUA)

ESG

Significant ESG Benefits Aligned to Policy Direction.

Water Roads delivers measurable environmental, social, and governance outcomes that align directly with NSW Government policy, COP31 climate commitments, and institutional ESG mandates.

350–500t
CO₂ reduction annually (Phase 1)
$500K
Annual Indigenous procurement target
20
Indigenous jobs by Year 2
100%
Full accessibility compliance
97.5%
Lower 30yr carbon footprint vs diesel
0
Public capital required
Environmental
Zero operational emissions — 100% electric propulsion
80% lower energy consumption vs conventional ferries (KTH)
350–500 tonnes CO₂ reduction annually (Phase 1 pilot)
95% recyclable Deep Power™ battery platform
Social & Governance
$500K annual Indigenous procurement commitment
20 Indigenous employment positions by Year 2
Full DDA accessibility compliance across all vessels and wharves
WREI carbon certification — independently audited ESG reporting

Economic Impact

$112.5B in direct, indirect & induced economic activity over 25 years.

5,042–23,147*
Jobs created * 5 NSW Routes
$112.5B
Economic activity 25-year horizon
2.4M
Annual passenger journeys Phase 1 at 70% occupancy
$92.5M
Annual congestion savings full network
Employment by Category (Phase 1 → Full Network)
CategoryPhase 15 Routes*
Manufacturing†1,0041,004
Annual Operations478478+
Housing Construction532 job-yrs1,300 job-yrs
Tourism3,02820,417
Total5,04223,147

* 5 NSW Routes · † Manufacturing is fleet-based and applies to all route configurations
Methodology: consistent with TfNSW Transport Economic Appraisal Guidelines

NSW Manufacturing Footprint
Newcastle (Hunter Region) — 200–300 jobs — Deep Power battery integration and manufacturing
Nowra (Shoalhaven) — 200 jobs — Composite vessel manufacturing
Sydney / Parramatta — 150 jobs — Fleet management, operations, and technology
Tourism Impact (Full Network)
2.5M
Additional visitors annually
$4.5B
Annual tourism output

Full network — all 5 routes


The Ask
$15M AUD
20% of the Sydney pilot fleet — early investor round
Use of Funds
AllocationAmountDetail
Fleet — 20% of vessel procurement$10MCo-investment in 8-vessel Sydney pilot fleet
Deep Power e-Wharves$2MShore-based charging infrastructure at pilot wharves
Operations Setup$3MCrew, licensing, ticketing, and launch operations
Total$15M
Investment Structure
InstrumentConvertible note / equity (term sheet on request)
Minimum investment$500K
Target closeQ3 2026
Target platform valuationAUD $1.1B – $1.7B
Investor MemorandumAvailable on request under NDA
Why Now
First vessel arrives Sydney, Q1 2027
COP31 on Sydney Harbour, November 2026 — global visibility moment
NSW Government engagement underway (TfNSW, Infrastructure NSW)
No competing electric hydrofoil water metro service in Australia
Vessels are redeployable assets — capital is not stranded
Global deployment target: 50+ cities by 2030

The Team

Decades of Experience in $B Transport.

The Water Roads leadership team combines deep expertise in transport infrastructure, technology commercialisation, and complex systems management. CBS Group — the project promoter and development rights holder — brings the IP, exclusive partnerships, and experienced leadership needed to turn Water Roads from concept to reality.

Sarah Taylor
Co-Founder & CEO

20 years commercialising intellectual property across transport, infrastructure, and technology sectors. Leads Water Roads strategy, government relations, and investor engagement.

LinkedIn ↗
Jeff Dusting
Co-Founder & CTO

20 years in transport infrastructure with Transubran, Downer, and Transport NSW. Leads asset management for NSW's $2.8B transport projects portfolio.

LinkedIn ↗
Jim Ellwood
Chief Operating Officer

25+ years managing complex systems in defence and aerospace. Leads Water Roads operations, vessel procurement, and service delivery.

LinkedIn ↗
Expert Advisory Team
David Harper
Strategic Transport Advisor

Supports major transport projects including Sydney's Harbour Tunnel. Provides strategic advice on government engagement and transport policy.

Dr Stuart Jacobson
Systems Engineering

Worked with Downer and Public Transport Victoria. Leads technical systems engineering and vessel integration.

Technology Partners
Artemis Technologies

Exclusive regional partnership for Artemis EF-14 Transit electric hydrofoil vessels.

Candela

Exclusive regional partnership for Candela P-12 electric hydrofoil vessels.

Regent Craft

Initial agreement to extend Water Roads services to longer coastal routes.

Request the IM & Term Sheet

Interested in investing?

Water Roads is actively engaging with early-stage investors. The Information Memorandum (IM) and term sheet are available on request under a mutual NDA.

Water Roads
Sarah Taylor
Chief Executive Officer
LinkedIn ↗
Jim Ellwood
Chief Operating Officer
LinkedIn ↗
Jeff Dusting
Chief Technology Officer
LinkedIn ↗
[email protected]www.waterroads.com.auwaterroads.live/sydney →
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