07 Dec IN THE NEWS: 401 Tech Bridge partners include new and established RI companies
Goetz Composites, founded 45 years ago, and Flux Marine, a startup in Narragansett, are among the Rhode Island companies that have collaborated with 401 Tech Bridge to develop new products and lines of business.
Goetz, in Bristol, started out making sailboats and later diversified by creating products with composite materials for a variety of industries. The company last year shared a $250,000 prize from the Naval Sea Systems Command to help construct the shell of an unmanned, undersea vehicle. The capsule was failing at deep depths.
A sailboat under construction at Goetz Custom Yachts in Bristol, in 2009. The company, now called Goetz Composites, has diversified by creating products with composite materials for a variety of industries.
401 Tech Bridge helped the Navy find companies to compete for the award and later, after Goetz built a prototype, worked to arrange partners for the testing. Goetz is now working on the next iteration of the vessel.