[company_age]2.0[/company_age][employees]11-50 employees[/employees][funding]Convertible note[/funding][description]CargoKite is a Munich-based tech startup that is revolutionizing ocean transportation with its innovative, patent-pending autonomous micro cargo ships powered solely by wind energy. Founded in 2020, the company combines German engineering tradition with the fast development cycles of a startup to pioneer groundbreaking technology solutions for the future of transport and logistics. CargoKite's mission is to address the challenges of ocean shipping, which is currently plagued by unreliability, unsustainability, and inefficiency. Their unique ship design utilizes wind energy as its primary propulsion source, eliminating emissions and reducing operating costs by up to 70%. The ships are also autonomous, operate on-demand, and offer individualized routing and just-in-time delivery for cargo owners of all sizes. CargoKite's technology has the potential to transform the $400 billion ocean shipping industry by providing a sustainable, efficient, and cost-effective solution for transporting goods across the globe.[/description][ps]Autonomous micro cargo ships powered by wind energy.[/ps]