Hydrofoils haven't taken off because of the above and, primarily, the high operation, maintenance, and build costs. Historically, these just have not been more economical than their traditional counterparts.
Being that this particular company is not focused on those parts of this and are solely focused on the technology being green, my guess is they are ignoring the operation, maintenance, and build costs and hoping that they can be all hand-wavey about that part--which probably will not pay off for them.