THE COMPANY

ATLAS Hovercraft, Inc. is an American owned, Florida based, corporation engaged in the design and manufacturing of air cushion vehicles more commonly known as hovercraft. Kurt H. Peterson is the president and senior hovercraft design engineer. Mr. Peterson has professional and personal history in the aviation and marine industries. In addition, he is a seasoned professional who gained a great deal of experience working for major corporations in the technology and transportation fields. His experience, talents, and technology are the foundation blocks that built ATLAS Hovercraft and his vision of the future guides the company to new horizons.

ATLAS Hovercraft, Inc. is positioned to become the largest hovercraft design and manufacturing company in the world. The air cushion vessels designed by Kurt H. Peterson possess advanced features that overcome many of prior hovercraft shortcomings such as low maneuverability, high maintenance costs and high noise. A hovercraft has the unique ability to travel over land or water on a bubble of air. The basic scientific principles and concepts that make a hovercraft work are over 100 years old. The technology to make hovercraft viable for military and commercial applications, however, did not exist until the mid 1950's. Since the 1960's, hovercraft have been built worldwide for military, commercial passenger service, and recreation purposes.

ATLAS Hovercraft is actively working to promote the benefits of commercial hovercraft in the United States markets. The goals include opening satellite production and maintenance facilities in key locations to better service clients and expand future operations to other countries. The company offers its services to assist in the creation of new ventures and the enhancement of existing public transportation systems and private companies.

COMPETITIVE ADVANTAGES

ATLAS  Hovercraft, Inc. has four significant market advantages over competing hovercrafts and conventional high speed ferry boats. The competitive advantages includes: performance, lower overall cost of ownership; accessible / navigable waterways; and operating speed.

• Performance

  The ATLAS Hovercraft has the same great characteristics of all hovercrafts. They have the ability to operate on water, land, and ice at high levels of operating speed and efficiencies for an extended duration of time. The ATLAS Hovercraft has revolutionary controllability and the first ever hovercraft to have a real braking system. The "Thrust Vectored Propulsion System" allows the air ducts to be directed 180o. This provides for greater control when steering and the ability to apply air pressure forward to become the braking system.

  Cost of Ownership

  ATLAS Hovercraft Inc. is excited by the manufacturing techniques chosen to develop and construct the ATLAS Hovercraft. We utilize two techniques that deliver a significant reduction to the operating and building cost. The hull is built using modular components. Molds are used to build pieces of the hull. Each mold is used for any size hovercraft medium to heavy lift configuration. This substantially reduces the labor time and resources to build the hull. The propulsion system is powered by electric motors. The electricity is generated from a series of diesel electric generator sets. This off the shelf technology is available from every major diesel engine manufacturer. This configuration provides for maximum engine performance and life. Remanufacturing cycles are over double utilizing this configuration. Fuel consumption is very predictable and optimized versus throttling the engine. ATLAS Hovercraft Inc. estimates the annual cost of ownership advantage versus conventional high speed ferries to be in excess of $2,000,000.

  Accessibility / Navigability

  The ATLAS Hovercraft is capable of operating on water, land, and ice. Thus routes never before navigable are now capable. The vessel is expected to earn a "no wake" status at an operating speed of 20 mph. This is an incredible rating. Many environmental and ecological impact areas are encountered by ferry boats daily. The ATLAS hovercraft will be the vessel of choice by the environmentalist and planners. Many northern ports are accessible three seasons per year. Our vessel provides year round service to such areas.

  Speed

  Long ferry routes are being upgraded with service from high speed ferries. The ATLAS Hovercraft is capable of traveling safely with a full compliment of passengers at speeds up to 70 knots. The Alaska State Highway System has several routes that are over 200 miles long. Those routes are being upgraded to a service level of 30 knots. Imagine if it were serviced at 65 knots and with no change in fuel consumption!