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ADVANCED WING SYSTEMS LIMITED

#737925 Private limited by shares

Company Details

Company Number 737925
Company Type Private limited by shares
Type Code 1119
Status Normal

Important Dates

Registration Date 3 April 2023
Last Annual Return 30 March 2026
Last Accounts Filed 30 June 2024

Industry Classification (NACE)

NACE Code: 74.90

Registered Address

20 Harcourt Street

Dublin 2, DUBLIN, Ireland

D02H364

Contact Details

Phone Number Unknown
Email Address Unknown

Company Website

Company Description

Advanced Wing Systems Limited is a pioneering maritime‑technology firm that delivers low‑cost, high‑performance wind‑propulsion solutions for commercial vessels. Their flagship offering is a set of morphing wing sails – housed in standard 40 ft containers – that can be fitted to a purpose‑built, rapidly deployable deck frame. The deck frames are installed without dry‑docking, allowing ship owners to convert existing ships to “Wing Ready” status quickly and with minimal disruption to schedules.

The business model resolves the industry’s “split‑incentive” dilemma by separating the retrofit cost from the propulsion benefit. Ship owners retrofit the vessels at a modest outlay, while charterers rent the wing sails and pay only for the wind‑generated propulsion energy, measured as a fuel‑equivalent. This arrangement provides immediate fuel savings, improves regulatory compliance, and extends the operational life of fleets, all while keeping cash‑flow positive from day one.

Advanced Wing Systems’ modular, lightweight, and smart wing technology is designed to meet the growing demand for sustainable, profitable shipping, offering a practical pathway for operators to embrace carbon‑neutral propulsion without the need for major capital investment.