Sharrow Marine Named One of Soundings Trade Only Most Innovative Marine Companies of 2024

DETROIT--(BUSINESS WIRE)--Sharrow Marine, the industry leader in innovative marine propulsion technology, proudly announces its recognition as one of the Most Innovative Marine Companies of 2024 by Soundings Trade Only, a leading trade publication for the recreational boating industry. This prestigious accolade, presented at the International BoatBuilders’ Exhibition and Conference (IBEX) in Tampa, celebrates Sharrow Marine’s advancements in marine propulsion over the past year, including the introduction of the SHARROW by VEEM, Sharrow X10™, Sharrow CX™, Sharrow MX4™, and Sharrow's recent introduction of the Sharrow MX-A™ for smaller outboards in the 40-200 HP range.

Recognized alongside industry giants such as Garmin, Brunswick Corp., Volvo Penta, Suzuki Marine, and Yamaha Marine, Sharrow Marine’s inclusion in the 2024 list highlights the company’s leadership in innovation, engineering, and commitment to driving the future of propulsion. The award evaluates organizations based on their innovations across multiple categories, including development and technology, work culture, sustainability, and manufacturing processes.

“We are incredibly honored to be recognized by Soundings among such a distinguished group of innovative companies in the marine industry,” said Greg Sharrow, Founder and CEO of Sharrow Marine. “As we continue shaping the future of boating, we’re excited to bring cutting-edge solutions to a broad range of vessels, including the SHARROW by VEEM for larger yachts and commercial inboards, and our newest product, the MX-A, designed specifically for the smaller outboard market.”

Now in its seventh year, Soundings Trade Only’s Most Innovative Marine Companies spotlights forward-thinking companies driving the industry forward through new initiatives, technologies, and processes. Submissions were evaluated by a team of Soundings Trade Only and AIM Marine Group editors, writers and publishers, along with other industry experts.

Sharrow Marine’s commitment to excellence and innovation continues to drive advancements in propulsion technology, creating a more efficient and sustainable future for the boating industry. To learn more about Sharrow’s award-winning propellers, visit sharrowmarine.com, and to learn more about the Soundings Most Innovative Marine Company awards program, visit tradeonlytoday.com.

About Sharrow Engineering and Sharrow Marine

Sharrow Engineering, a Detroit-based advanced engineering and design firm, revolutionized propeller technology with the Sharrow™ Propeller, the first major advancement in propeller technology since the 1830s. Invented by Greg Sharrow, the Sharrow Propeller has solved the most basic problem of rotary propulsion, eliminating tip cavitation and vortices, and offering significant performance gains over traditional propellers. Sharrow Engineering holds over 150 patents worldwide and is the parent company of Sharrow Marine, which produces and sells the award-winning propeller for the maritime industry. Recognized as a TIME Best Invention of 2023 and by Fast Company's 2024 World Changing Ideas Awards and the 2023 Innovation by Design Awards, the Sharrow Propeller also won the 2024 Clean Technology Transportation Solution of the Year by CleanTech Breakthrough, the 2022 Boating Marine Power Innovation Award from Boating Magazine and the 2020 Miami International Boat Show Innovation Award. For more information, visit www.sharrowmarine.com.