Project Cerulean aims to develop a new class of small cargo freighter, which, once proven to be commercially viable to operate, can be scaled up in numbers to provide a cost-effective solution for any currently marginalised communities and/or those with limited or no cargo handling infrastructure in the Pacific Island Communities and Territories (“PICT”).
CNCo has budgeted an initial investment of around USD 2.5million to design, build and operate a pilot low-cost, low-carbon, low-tech freighter.
Read more about this project here. View the press release here.