Hydrofoil technology is catching on in other areas, too, including the world of sports. On Wednesday, backers of an electric race boat championship known as E1 showed off their hydrofoil ...

Nova's hydrofoil technology not only makes it the most efficient ferry in Stockholm, but also the fastest, he claimed. The ferry runs on 100 percent renewable electricity and makes minimal noise ...

The hydrofoil has a cruising speed of around 25 knots (46 kph or 29 mph) and can reach a maximum speed of 30 knots (56 kph or 35 mph) — considerably faster than other electric passenger ferries.