# RAD Propulsion: Maritime, Sarisbury Green, United Kingdom

> RAD Propulsion: RAD Propulsion is a marine technology company based in Sarisbury Green, Hampshire, UK, founded in 2018 by engineers Rich Daltry and Dan Hook.

Source: https://millionrounds.com/startup/rad-propulsion (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Maritime startup](https://millionrounds.com/companies)

# RAD Propulsion

RAD Propulsion is a marine technology company based in Sarisbury Green, Hampshire, UK, founded in 2018 by engineers Rich Daltry and Dan Hook.

Funding reported Last round: Undisclosed round

Maritime Sarisbury Green, United Kingdom

Company summary

- **Founded:** 2018 8 years old
- **Team:** 33 11 to 50 people
- **Funding reported:** 5.9M as listed, currency not stated
- **Last round:** Undisclosed round Jun 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for RAD Propulsion has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About RAD Propulsion

RAD Propulsion is a marine technology company based in Sarisbury Green, Hampshire, UK, founded in 2018 by engineers Rich Daltry and Dan Hook.

The company specializes in advanced electric propulsion drive systems and autonomous platforms aimed at reducing carbon emissions in the maritime industry. Their mission is to provide innovative, user-friendly, and environmentally friendly solutions that enhance the efficiency of marine vessels. The company offers a range of products, including the RAD 40 Electric Drive, a lightweight all-electric system, and the RAD 120 Electric Drive, designed for higher power needs. Their RADBus Architecture allows for modular and flexible propulsion drives suitable for various boat configurations. RAD Propulsion also provides complete solutions, including drives, batteries, control systems, and software APIs, along with consulting services to assist boat manufacturers in electrification. They cater to a diverse clientele across commercial, leisure, and defense sectors, supporting a wide array of marine applications from kayaks to zero-emission vessels.

## What company datasets say RAD Propulsion raised

Funding, as reported

Reported in all **5.9M** in the source's currency

Rounds **4**

Last round **Undisclosed round**

Last round size **5.8M**

Last round date **Jun 2024**

Investors listed **7**

## Funding filed with regulators

RAD Propulsion filed 11 raises, $12M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Apr 2026 **$676K** UK share allotment
- Mar 2026 **$345K** UK share allotment
- Feb 2026 **$2.8M** UK share allotment
- Oct 2025 **$272K** UK share allotment
- Apr 2024 **$1.5M** UK share allotment
- Apr 2024 **$293K** UK share allotment
- Feb 2024 **$529K** UK share allotment
- Dec 2023 **$1.3M** UK share allotment
- Apr 2023 **$1.6M** UK share allotment
- Apr 2022 **$368K** UK share allotment
- Nov 2021 **$1.8M** UK share allotment

## Founders and team

From RAD Propulsion's own website: 2 founders, 6 on the team.

**Dan Hook** Co-founder / CEO

**Richard Daltry** Co-founder / director

- **Dave Martin** Chief operating officer
- **Pete Byford** Chief technology officer
- **Sam Pickering** Head of products
- **Vicki Realff** Head of marketing
- **Chris Shepherd** Business development director
- **John Daltry** Product designer

## On a portfolio page

Investors who name them

- [oneplanet.capital](https://millionrounds.com/fund/oneplanet-capital)

Each firm lists RAD Propulsion on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

maritime transportation services b2b

Built with from their website

Cross Pixel Media Salesforce CRM Analytics CloudFlare WP Engine CloudFlare CDN Quartic Microsoft Exchange MySQL Microsoft 365 Apps & Services Brevo

+8 more

Anthropic Claude AT&T Git Cloudflare DNS MailChannels Wordpress Microsoft Exchange Online Microsoft 365

- **Sector:** Maritime
- **Industry code:** NAICS 336611, 335312, 333248
- **Region:** England
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/rad-propulsion)

## Maritime in United Kingdom

Startups like it

- [**Hamworthy Moss AS** Poole](https://millionrounds.com/startup/hamworthy-moss-as)
- [**Orca AI** London · founded 2018](https://millionrounds.com/startup/orca-ai-3)
- [**Fractal Logistics** London · founded 2017](https://millionrounds.com/startup/fractal-logistics)
- [**Inyanga Marine Energy Group** Penryn · founded 2017](https://millionrounds.com/startup/inyanga-marine-energy-group)
- [**Fletcher** Portlethen · founded 2007](https://millionrounds.com/startup/fletcher)
- [**GT Wings** Southampton · founded 2021](https://millionrounds.com/startup/gt-wings)
- [**ACUA Ocean** Plymouth · founded 2021](https://millionrounds.com/startup/acua-ocean-2)
- [**Arksen** London · founded 2017](https://millionrounds.com/startup/arksen)

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