Innovation helped win the America's Cup, and Team NZ will continue to improveSOURCED FROM SKY SPORT Team NZ have convincingly beaten Oracle to win the America's Cup. Callaghan business advisor for Team New Zealand Nick Brewer said the team's investment in innovation contributed to its America's Cup victory on Tuesday morning in Bermuda. READ MORE:* Team New Zealand believe 'revolutionary' boat can win America's Cup* America's Cup class yachts are basically aircraft wings balancing on surfboards* America's Cup teams urged to spy as technology ramps upSuch material cost hundreds of thousands of dollars and whole foils have to be built to then be tested on the water, Brewer said. LAWRENCE SMITH/FAIRFAX NZ The technology developed by Team NZ can benefit others, team CEO Grant Dalton says. CHRIS MCKEEN/FAIRFAX NZ The America's Cup win proves what Kiwi technology is capable of internationally, says Callaghan Innovation CEO Victoria Crone.

Source: Stuff June 26, 2017 21:33 UTC