COSTS ESTIMATES WORLD CIRCUMNAVIGATION RECORD PROJECT FINANCING POUNDS EUROS DOLLARS

ITEM	HULL ONLY	IN HOUSE COSTS	SUBCONTRACT BOOST
-	-	-	-
TOTAL incl 35% contingency	£ 1,277,640.00	£ 2,231,246.25	£ 6,977,846.25

Alloy raw materials	£ 38,000.00	£ 38,000.00	£ 100,000.00
Laser cutting (water jet or plasma)	£ 5,500	£ 5,500	1*
Rolling alloy	£ 5,500	£ 5,500	1*
Composite materials	2*	£ 50,000	£ 50,000
Moulds	2*	2*	1*
Laying up	2*	2*	1*
Timber/cabins/divig/glass/living	£ 50,000	£ 50,000	£ 50,000
Paints	2*	2*	£ 30,000
Painter	2*	2*	1*
UAV	2*	2*	£ 300,000
Charging pad	2*	2*	1*
Hydraulics	2*	£ 50,000	£ 150,000
Emergency equipment/diving	2*	£ 30,000	£ 30,000
Diving qualification/other temprory	2*	TBC if req	TBC if req
Prop shaft/propellor/reserve motor	2*	£ 25,000	£ 25,000
motors for jet drive	2*	£ 30,000	£ 30,000
pumps/impellors/jet drive	2*	£ 20,000	£ 250,000
Navigation systems/command&control	2*	2*	£ 500,000
Instruments	2*	£ 2,000	1*
Battery Cartridges	2*	£ 120,400	£ 120,400
Controllers	2*	£ 975	£ 975
Solar tracking, hydraulics, robotics	2*	£ 10,000	£ 300,000
Panels only	£ 22,400	£ 22,400	£ 22,400
Welding and Other Tool hire	£ 68,000	£ 68,000	£ 30,000
Boat fittings/anchors/windless	2*	£ 50,000	£ 50,000
Labour design/details design/	£ 25,000	£ 25,000	£ 500,000
Stressing	£ 30,000	£ 30,000	£ 30,000
Premises for vessel	£ 75,000	£ 75,000	£ 75,000
Coded welders, 2 for 2 months work	£ 25,000	£ 25,000	£ 25,000
Hull fabrication/putting together	3*	TBC	£ 250,000
Labour testing/sea trials	2*	TBC	£ 200,000
Overheads/wages	£ 600,000	£ 600,000	£ 600,000
Intellectual property - patents	2*	TBC	£ 300,000
Trademarks	2*	TBC	£ 50,000
Storage/transfer life support	2*	£ 100,000	£ 200,000
Lighting	2*	TBC	1*
Public relations	2*	TBC	£ 150,000
Wind turbines	2*	£ 150,000	£ 150,000
Boom	2*	TBC	1*
Furling system	2*	TBC	1*
Management	2*	£ 50,000	£ 500,000
Insurance	£ 2,000	£ 20,000	£ 100,000
Contingency @ 35%	£ 331,240	£ 578,471	£ 1,809,071
-	-	-	-
Build totals	£ 1,277,640	£ 2,231,246	£ 6,977,846
-	-	-	-
-	KEY	Column1	$ 8,863,964
-	1*	included in price above	€ 7,735,221
-	2*	Not required	-
-	3*	done in house	-
-	TBC	Price to be confirmed	-

ESTIMATES 2019 - The above table is not yet complete, but gives a good idea of the project overall budget, not including design and and tank testing, or collaborative research with academia. Such development is likely to add between 2-4 $million dollars + contingency. We do not propose obtaining more definitive quotes for this project unless requested to do so - and please note that such quotation/estimate will be at the expense of the company, person or organization making the application.

RECORD HOLDER - On the 4th of May 2012, history was made, as Raphael Domjan, at the helm of a giant of a catamaran powered only by solar panels crossed the finishing line at Monaco to become the first electric boat to sail around the world. MS Tûranor PlanetSolar, known under the project name PlanetSolar, was (@ 2018) the largest solar-powered boat in the world. The vessel was launched on the 31st March 2010, also going into the Guinness Book of World Records with a time of 584 days to better by any contender. The project was mostly financed by Immo Stroeher, the owner of the boat.

THE ELIZABETH SWAN - The graceful lines of this beautiful solar powered boat complements the zero carbon cruising ideal that many designers and United Nations planners aspire to under SDG13.

A 1:20th scale test tank model of the Elizabeth Swan is under construction. The development models we will use triple layer, laminated, amorphous cells in combination with polycrystalline (16.5 - 17%) cells to provide 100+ watts of energy for simulated hull speed tests.

The world circumnavigation record is currently held by Planetsolar, a ship that weighs 95 tons and generates 93.5kW from 825 solar panels. When built the Swan's hull will be the largest solar powered boat in the world at 43 meters (140ft). Planetsolar is 113 ft long.

http://www.guinnessworldrecords.com/world-records/first-circumnavigation-by-solar-powered-boat

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