Defense Partnerships Leverage MJP's proven track record in naval and coast guard applications, reinforced by a Mitsubishi Heavy Industries MOU and ongoing shipyard partnerships. Recent wins include applying waterjets to Incheon fireboats and Lungteh-built corvette programs. Sales strategy: target defense contractors, regional shipyards, and government procurement channels in Japan, Korea, Taiwan, and the US for high-speed propulsion packages and long-term service support.
Public Transit Growth Drive public transit opportunities by highlighting the Jan 15, 2025 collaboration with Derecktor Shipyards to develop a waterjet solution for Chatham Area Transit in Savannah. Opportunities exist in other US ports with waterfront transit needs, particularly for efficient, reliable waterjet propulsion in commuter ferries and linked services. Action: assemble a US-based reference project, propose scalable propulsion kits, and offer maintenance and support packages to transit authorities and shipyards.
APAC Expansion APAC growth is supported by the hiring of a dedicated APAC sales manager and multiple regional wins. With Incheon fireboat and Lungteh collaboration, plus a 2024 MOU with Mitsubishi Heavy Industries for Japan, opportunities exist to target defense and civilian vessel builders across Japan, Korea, Taiwan, and Southeast Asia; build local service capabilities and OEM partnerships.
Versatile Vessel Demand MJP serves a broad range of high-demand users including navies, coast guards, yacht builders, seismic vessels, landing crafts, cargo ships, and towing operations. The 850 DRB waterjets demonstrate capability for powerful applications. Business development should map segments to product bundles, present ROI-focused case studies on performance and efficiency, and offer aftermarket parts and service programs.
Strategic Partnerships Capitalize on existing OEM and distribution relationships with Derecktor Shipyards, Lungteh, and potential MHI collaboration to accelerate market penetration. Propose a structured partner ecosystem with joint marketing, co-bidding, regional service hubs, and targeted vessel programs to create recurring revenue and shared success.