Built at the company's shipyard in Sharjah, UAE, "The Foiler" consists of a carbon fiber hull wrapped around stainless steel, aluminum and titanium parts.
But what makes the hybrid luxury vessel truly unique are four retractable hydrofoils -- mimicking the air foil design on an airplane wing -- that knife through the water when deployed (at speeds of 18 knots or better) and lift the yacht approximately 1.5 meters out of the water.
The design, the company says on its website, based on "the latest technologies from the racing world" allow the Foiler to be navigated at high speed - up to 40 knots -- while reducing the effects of drag on fuel consumption.
"The Foiler is ... a unique boat," said Jeremie Lagarrigue, CEO of Enata Industry, in a written statement. "You are able to use it in two different modes: It can be used as a normal boat, a floating boat, and, when you are a bit fed up with the waves ... you can push a button and start to fly over the water.
"It's a lot more comfortable, but it's also a lot more efficient because you can travel at a higher speed with less fuel consumption," Lagarrigue said.
The Foiler is powered by two BMW inboard 320 horsepower hybrid engines that drive two generators providing electrical power. The power is then delivered to two electrical "torpedoes" that drive the vessel.
The technology allows the yacht to cruise in full electric mode, reducing its full consumption by 20 percent when compared to other vessels of the same size and power.
At an average cruise speed of 30 knots, the eight-passenger hybrid has a range of about 130 nautical miles. When traveling through ports or areas of abundant wildlife, the hybrid propulsion system offers battery-powered silent cruising capabilities at 10 knots for up to 10 minutes, the company says.