In a significant stride towards sustainable marine innovation, Neiox Eco Cycle, a deep-tech climate startup, has been awarded a Rs 75 lakh prototyping grant by Cochin Shipyard Ltd under its USHUS Maritime Innovation Scheme. The announcement was made at a function held at IIM-Kozhikode, where Neiox's CEO, Akhil Raj Pottekkat, signed the official agreement.

The grant facilitates the development of a pioneering marine hull coating that promises to be sustainable, non-toxic, and carbon-negative. This innovative material is derived from captured air pollutants, addressing both environmental and health concerns while offering anti-corrosive and anti-biofouling benefits. Moreover, it enhances fuel efficiency, reduces CO2 emissions, and protects marine ecosystems, marking a vital 'Kerala model' f

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