Strategic Partnerships MJP has active and growing collaboration with global shipyards and defense-related customers, including Derecktor Shipyards, Mitsubishi Heavy Industries, Lungteh Shipyard, and Stone Marine Services. This indicates a strong pathway for co-developed waterjet solutions and expansion into high-demand defense and public-transport vessels.

Regional Growth New leadership and regional focus in Asia Pacific with a dedicated APAC sales manager suggests an opportunity to accelerate sales in fast-growing maritime markets, including Korea, Taiwan, and regional APAC ports, where high-power waterjets are needed for fireboats, MSVs, and coastal vessels.

Public Transport Opportunities Recent collaboration to develop waterjet solutions for public transport operated by Chatham Area Transit signals potential near-term demand in urban and regional ferry or rapid-water taxi segments, where reliable propulsion and maintenance support are critical.

Service and Support Network Strategic service partnerships across Africa and other regions position MJP to offer authorized service and after-sales support, creating a recurring revenue stream through parts, maintenance, and retrofit projects for existing fleets.

Military and Coast Guard Demand Involvement in defense-focused vessels (high-speed MSVs, coastal defense projects) and ongoing engagement with defense contractors indicate a stable pipeline for high-margin, long-life waterjet systems and related upgrade opportunities on mission-critical platforms.