From TechCrunch: $60K electric water toy lands $1M worth of preorders

It takes a special kind of boldness to raise a wad of cash, claim to have $90 million worth of preorders, then pivot away from passenger ferries and light container ships, and instead start selling $59,000 personal watercraft. Boundary Layer’s CEO and founder, Ed Kearney, told me the company has more than $1 million worth of preorders. “After being live for just three weeks we have slightly over $1 million worth of vehicles reserved, mostly to folks in the U.S., and one customer in Kuwait,” …

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