Silverstream has received the King’s Award for Enterprise in the Innovation category, the UK’s most prestigious accolade celebrating business excellence. This marks the second time that Silverstream has received a King’s Award, following our 2023 recognition in the International Trade category.

The award recognises our patented air lubrication technology, the Silverstream^® System, as a truly innovative clean technology solution that is making a meaningful impact on maritime decarbonisation.

It comes at a pivotal moment for the shipping industry, as decarbonisation regulations tighten and become more complex, particularly following developments at MEPC 83, the IMO’s committee responsible for environmental matters. Silverstream is helping owners navigate this uncertainty – supporting them to act now with proven fuel and emissions savings that deliver immediate benefits while preparing them for what’s ahead.

Our Founder & CEO Noah Silberschmidt said: “We are delighted to win our second King’s Award, which recognises both the dedication of our exceptional team and the real-world impact of our technology on maritime decarbonisation. Innovation is not just something we do at Silverstream – it’s part of who we are. This award is a testament to the technical experts across our business who continuously refine and improve our system. Their work enables us to help the industry meet today’s environmental and regulatory challenges with confidence. It’s a proud moment for all of us.”

The Silverstream^® System fundamentally changes the interaction between water and a vessel. It shears air from air release units (ARUs) in the hull to create a uniform carpet of microbubbles that covers the full flat bottom of a vessel. As a result, frictional resistance is decreased – significantly reducing fuel consumption and associated emissions.

This latest recognition builds on our 2023 King’s Award for Enterprise in the International Trade category, which celebrated our success in exporting the Silverstream^® System and working with global maritime partners to scale uptake of our proven technology worldwide.

The King’s Awards scheme was instituted by Royal Warrant in 1965, with the first Awards made in 1966 under the scheme’s original title, The Queen’s Award to Industry.

His Majesty The King will host a Reception for The King’s Awards for Enterprise recipients at Windsor Castle. For more updates, including new pictures from Windsor, follow us on LinkedIn here.