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MIAMI, FL (February 14, 2020) — Ingenity (a subsidiary of Watershed Innovation) is proud to receive the Miami International Boat Show Innovation Award for its electric drive system. This Innovation Award is a high honor for innovative and technological achievement, judged by Boating Writers International.

Correct Craft started Watershed Innovation to ideate, iterate, and incubate future technologies for Correct Craft companies and eventually the entire marine industry. Ingenity is one of many ways that Correct Craft and Watershed will be bringing new technologies to the boating industry.

Ingenity received the innovation award for its design of the most energy-dense battery that fits where a combustion engine is normally installed. The electric battery pack uses the latest in safety and cooling technology. At 124 kWh, the system runs 2-3 hours in a typical watersport use.

Ingenity’s drive has impressive peak power of over 200 kW, near-instantaneous torque and performance that is designed to feel very similar to its gas counterpart. Ingenity’s electronics are also tightly integrated at the helm so the driving and riding experience can satisfy high end watersports customers. On-board telematics allows end users to see important information over their mobile phone and provides a conduit for future software updates.

President of Watershed Innovation (Ingenity’s parent company) Sean Marrero stated, “We are honored to debut the Ingenity brand and be granted an innovation award at the Miami International Boat Show. It is amazing what can be accomplished with visionary ownership, forward-thinking partners, and a team that is ready to solve every problem. Our team believes electric is the future; now it is time to make the future the present.”

Correct Craft President and CEO Bill Yeargin stated, “Correct Craft is very happy for Ingenity to receive this honor for its cutting-edge innovation. Electric propulsion is inevitable in the marine industry and Ingentiy is one of the many ways Correct Craft will be leading the way as the world changes!”

About Ingenity: Focused on bringing sustainable solutions to the marine industry, Ingenity integrates the latest in environmentally-conscious propulsion technologies into the most demanding boating applications. To find out more, visit www.ingenityelectric.com

About Watershed Innovation: Founded in 2018, Watershed Innovation is focused on identifying, researching, developing and integrating exponential technologies to benefit Correct Craft, its subsidiaries and the marine industry. These ideas will strategically align with our businesses, our culture and our focus of “Making Life Better.” For more information please visit www.watershedinnovation.com.

About Correct Craft: Celebrating 95 years of excellence in the marine industry, Correct Craft is a Florida-based company with global operations. Focused on “Making Life Better,” the Correct Craft family includes Nautique, Centurion, Supreme, Bass Cat, Yar-Craft, SeaArk, Parker, and Bryant boat companies, Pleasurecraft Marine Engine Group, Watershed Innovation and Aktion Parks. For more information please visit www.correctcraft.com.