Arc designs and builds 100% electric boats for recreational and commercial use, including the Sport wake boat, Coast center console, and Work models for operations like ferries, defense, and tugboats. The company develops its battery packs, powertrain, thermal control systems, and software in-house, combining aerospace manufacturing techniques with marine craftsmanship. Customers include recreational boaters for wakesurfing and towing, as well as commercial operators. Arc targets the marine industry to electrify watercraft. Founded in 2021 by SpaceX alumni including CEO Mitch Lee and CTO Ryan Cook, it has raised a $4.25 million seed round led by a16z, a $30 million Series A led by Eclipse, $50 million for commercial scaling, and secured a $160 million partnership for its electric tugboat fleet. The company has over 100 employees and its first model, Arc One, sold out.