
Frugal Technologies offers an AI-based propulsion system that transforms the shipping industry by providing automated fuel and CO2 savings of up to 15%. Their system optimizes RPM and pitch for vessels, integrating with existing control systems. The technology is a turnkey solution, installable within a day, promising a return on investment as low as 6-18 months with typically 10% fuel savings. It also assists in achieving EEXI compliance. The company was founded and is managed by Peter Hauschildt (CEO) and Lars Stoustrup (CTO), with a strong background in vessel engineering and route optimization.

Frugal Technologies offers an AI-based propulsion system that transforms the shipping industry by providing automated fuel and CO2 savings of up to 15%. Their system optimizes RPM and pitch for vessels, integrating with existing control systems. The technology is a turnkey solution, installable within a day, promising a return on investment as low as 6-18 months with typically 10% fuel savings. It also assists in achieving EEXI compliance. The company was founded and is managed by Peter Hauschildt (CEO) and Lars Stoustrup (CTO), with a strong background in vessel engineering and route optimization.