US Market News
6日前
Activation Following Lake Berryessa Electric Boat Festival Title SponsorshipJune 11, 2026 6:30 AM
PR Newswire (US) Market Activation / Brand VisibilityAs Title Sponsor, Vision Marine Technologies converted a high-visibility California electric boating event into direct product exposure, completing approximately 60 on-water demonstration rides across three featured electric boats.BOISBRIAND, QC, June 11, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform, today announced the successful completion of its market activation as Title Sponsor of the Lake Berryessa Electric Boat Festival, held June 5-6, 2026, at Pleasure Cove Marina in Napa, California. Produced by Sea Watts and hosted by Pleasure Cove Marina, the two-day event brought together vessel manufacturers, marina operators, utilities, policymakers, charging infrastructure providers, investors, workforce development organizations, technology companies and boating consumers. According to event organizers, the Electric Marine Leadership Summit convened more than 80 industry leaders, followed by hundreds of public attendees at the festival.Vision Marine used the event to put its electric boating portfolio directly on the water in a strategic California market. The Company showcased the Sterk 31E featuring dual E-Motion™ 180E propulsion systems, SPECTR 26 and Fantail 217. Based on Company estimates, Vision Marine completed approximately 60 on-water demonstration rides across its three featured boats."The Lake Berryessa Electric Boat Festival demonstrated why direct market activation matters," said Maxime Poudrier, Chief Operating Officer of Vision Marine. "Electric boating is an experience-driven category. Putting consumers, marina operators, industry participants, media and investors directly on the water gives them the clearest way to understand the performance, simplicity and appeal of the technology. For Vision Marine, approximately 60 demonstration rides across our featured boats represents a meaningful product exposure milestone in a strategic California market."The event also served as an industry working forum focused on practical requirements for electric boating adoption across consumer and commercial applications. Summit discussions included charging infrastructure, marina electrification, vessel technology, workforce development, commercialization opportunities and policy considerations for the growing electric marine sector."Vision Marine's role as Title Sponsor helped bring electric boating directly to the water for consumers and industry leaders," said Ollie Danner, Founder and CEO of Sea Watts. "The event showed that marine electrification has moved beyond discussion, with companies like Vision Marine demonstrating real products in real boating conditions."Vision Marine believes the event reinforced the value of combining technology, retail access, service infrastructure and direct consumer experience. By participating as Title Sponsor and delivering on-water demonstrations, the Company strengthened its visibility in a key electric mobility market while engaging with industry stakeholders working to advance practical adoption across recreational and commercial marine applications.About Lake Berryessa Electric Boat FestivalThe Lake Berryessa Electric Boat Festival is a Northern California electric boating and waterfront lifestyle event held at Pleasure Cove Marina in Napa, California. Produced by Sea Watts, the event brings together electric boat manufacturers, marine technology companies, marina operators, utilities, policymakers, investors, media and consumers for on-water demonstrations, industry programming, VIP experiences and public festival activities. Positioned near Napa Valley, San Francisco and Sacramento, the festival combines electric marine innovation with a premium outdoor lifestyle setting, creating a platform for product discovery, consumer education and direct engagement with electric boating.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform. Through its proprietary E-Motion™ electric propulsion technology and its ownership of Nautical Ventures, an award-winning marine dealership network with eight locations across Florida, Vision Marine combines advanced marine engineering, intellectual property development and direct-to-consumer market access.The Company's integrated platform spans propulsion technology, boat manufacturing partnerships, retail distribution and aftersales service, enabling scalable deployment across both electric and internal combustion engine ("ICE") segments. Vision Marine continues to focus on enhancing the overall boating experience through marine-specific innovation, operational execution and customer engagement.Forward-Looking StatementsCertain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.Forward-looking statements include, without limitation, statements regarding the Company's participation in and expected benefits from the Lake Berryessa Electric Boat Festival; anticipated brand visibility, consumer engagement, media exposure and investor awareness resulting from the event; the Company's expectations regarding market activation strategies, product demonstrations and direct-to-consumer engagement initiatives; the anticipated showcase and performance of the Company's electric marine products and technologies; the Company's positioning within the electric marine industry; the growth, adoption and commercialization of electric marine propulsion technologies; future product development initiatives; the expansion and execution of the Company's retail, distribution and service platform; OEM, dealer and strategic partnership opportunities; and the Company's overall business strategy, growth plans and market opportunities.Forward-looking statements are typically identified by words such as "expects," "anticipates," "believes," "plans," "intends," "may," "will," "should," "continue," "potential," "future," "growth," "strategy," and similar expressions, although not all forward-looking statements contain such terminology.These statements are based on management's current expectations, assumptions and beliefs and are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements.Such risks and uncertainties include, without limitation: the Company's ability to continue as a going concern; risks related to liquidity and capital resources; risks associated with event participation, product availability and market activation initiatives; risks relating to consumer demand and market acceptance of electric marine propulsion technology; general economic, business, regulatory, competitive, market and industry conditions; dependence on key suppliers, manufacturers and strategic relationships; risks associated with the integration and operation of Nautical Ventures; inventory management and floor plan financing risks; fluctuations in demand for recreational boating products; the Company's ability to access additional financing on acceptable terms or at all; and other risks disclosed in the Company's public filings with the SEC and Canadian securities regulatory authorities.Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.Neither TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this press release. View original content to download multimedia:https://www.prnewswire.com/news-releases/activation-following-lake-berryessa-electric-boat-festival-title-sponsorship-302797614.htmlSOURCE Vision Marine Technologies, Inc Original: Activation Following Lake Berryessa Electric Boat Festival Title Sponsorship
US Market News
7日前
Vision Marine Technologies Extends Nextfour Agreement Through 2029 to Strengthen E-Motion™ Connected Platform CapabilitiesJune 10, 2026 6:30 AM
PR Newswire (US) Technology / E-Motion™ Platform IntelligenceVision Marine is extending a key display supply and integration relationship through 2029, supporting the connected digital interface of its E-Motion™ high-voltage propulsion platform. The agreement reinforces Vision Marine's proprietary software environment, propulsion data visibility, CAN bus integration, diagnostics, telemetry, remote monitoring, software update capability where available, and OEM integration readiness.BOISBRIAND, QC, June 10, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (TSXV: VMAR) ("Vision Marine" or the "Company"), a marine technology company specializing in high-voltage electric marine propulsion and multi-brand recreational boating solutions, today announced that it has renewed its agreement with Nextfour Solutions Ltd. ("Nextfour") to continue sourcing and integrating Q Display units as part of Vision Marine's E-Motion™ high-voltage electric propulsion platform. The renewed agreement extends the relationship through 2029 and includes automatic renewal provisions thereafter. Vision Marine has worked with Nextfour since 2021, integrating Q Display into E-Motion™-powered boats as the platform's branded digital helm interface."E-Motion™ was built as a connected high-voltage marine propulsion platform," said Maxime Poudrier, Chief Operating Officer of Vision Marine. "The continued integration of Q Display supports the digital layer of that platform, giving Vision Marine control over its branded interface while connecting propulsion data, diagnostics, telemetry, and customer-facing features at the helm. This agreement supports the continuity and scalability of the E-Motion™ architecture as we continue working with OEMs, dealers, technicians, and customers across multiple boat categories."Through the Q Display integration, Vision Marine's E-Motion™ platform is designed to bring propulsion data, CAN bus communication, diagnostics, telemetry visibility, navigation, connectivity, remote monitoring capabilities, and customer-facing functionality into a branded digital helm environment. This interface is intended to make E-Motion™ easier to operate, monitor, service, and integrate across multiple vessel categories.Q Display's open architecture allows Vision Marine to maintain control over its proprietary user interface and software environment while supporting future feature development and software update capability where available. The integration also supports scalable display configurations, from compact touchscreen installations to premium multi-display helm environments, providing flexibility for OEM integrations, commercial applications, and direct customer deployments through Vision Marine's retail and service ecosystem.Nextfour's expanded presence in Florida further supports the relationship by placing technical resources closer to several Vision Marine customers, OEM partners, dealers, service locations, and end users. The Company believes this proximity may support improved integration coordination, technical support, and service responsiveness.Vision Marine continues to advance E-Motion™ through propulsion integration, battery systems, charging capabilities, data infrastructure, telematics, display interface integration, and direct customer deployment through Nautical Ventures. By combining high-voltage propulsion, connected interface technology, service visibility, and retail access, Vision Marine is continuing to build a platform designed to support broader electric boating adoption through improved integration, operation, and service support.About Nextfour Solutions Ltd.Nextfour's mission is to make navigation and boating easier and accessible for everyone. For this mission, the company has developed the Q Display, which integrates boating and navigation functions into one sharp and bright touch display. The easy-to-use user interface makes navigation simple and smooth.The Q Display brings an automotive-like user experience to boating by integrating the onboard computer, mobile connectivity, chart plotter, guard, and entertainment system in one single device. The Q Display is an intuitive system combining the dashboard, sea charts, guard function, weather forecasts, radio, cellular connection, and Wi-Fi hotspot connecting the display to other devices.The intuitive and comprehensive approach of the Q Experience also provides confidence in controlling and handling the boat. As part of the Q Experience ecosystem, the mobile app includes guard functionality and an automatic logbook, which records routes and provides information on trip history, fuel economy, and weather forecast alarms. The guard function provides boat awareness and theft alarm functionality when off the boat.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology and recreational boating company focused on delivering premium on-water experiences through proprietary high-voltage electric propulsion systems and a multi-brand retail, service, and distribution platform.Through its E-Motion™ technology and Nautical Ventures network, Vision Marine combines innovation, consumer access, and marine infrastructure across electric and internal combustion engine segments, supporting a broader strategy to improve the boating experience through technology, retail execution, and service capabilities.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable Canadian securities laws and within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the renewed agreement with Nextfour; the continued sourcing and integration of Q Display units; automatic renewal provisions; the expected integration, functionality, commercial relevance, and use of Q Display within Vision Marine's E-Motion™ platform; the anticipated benefits of enhanced connectivity, software updates, interface improvements, data visibility, diagnostics, telemetry, remote monitoring, service support, customer experience, OEM integration, and platform scalability; potential OEM, commercial operator, dealer, technician, and customer benefits; and Vision Marine's broader technology, retail, service, growth, and commercialization strategies.Forward-looking statements are based on management's current expectations, assumptions, estimates, and projections and are subject to known and unknown risks and uncertainties that may cause actual results, performance, timing, functionality, commercialization, customer adoption, or achievements to differ materially from those expressed or implied. These risks include, without limitation, the Company's ability to continue as a going concern; achieve and maintain profitability; execute technology integration initiatives; obtain customer adoption; maintain supplier and partner relationships; support connected services and software functionality; manage regulatory, certification, cybersecurity, warranty, service, data, liquidity, inventory, and supply chain risks; and other risks described in the Company's filings with the U.S. Securities and Exchange Commission and on SEDAR+.Readers should not place undue reliance on forward-looking statements, which speak only as of the date of this release. Vision Marine undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.Neither TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-extends-nextfour-agreement-through-2029-to-strengthen-e-motion-connected-platform-capabilities-302796151.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Extends Nextfour Agreement Through 2029 to Strengthen E-Motion™ Connected Platform Capabilities
US Market News
1週前
Vision Marine Technologies Advances E-Motion™ Platform Through Real-World Boat Testing and System-Level Technology ImprovementsJune 9, 2026 6:00 AM
PR Newswire (US) Technology / E-Motion™ Platform ExecutionVision Marine is using data and feedback from multiple E-Motion™ boat integrations to advance key areas of its high-voltage marine propulsion platform. Recent improvements across cooling efficiency, battery capacity, firmware, assembly architecture and system enclosures are intended to support scalability, serviceability and future commercial readiness.BOISBRIAND, QC, June 9, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a marine technology company and vertically integrated recreational boating platform, today provided an update on continued technology advancements across its E-Motion™ high-voltage electric marine propulsion system. The update reflects Vision Marine's ongoing process of converting real-world testing, vessel integration work and on-water feedback into targeted system improvements. Management believes this feedback loop is important as the Company continues to refine E-Motion™ for different vessel configurations, customer use cases and service environments.Recent development work includes an approximate 10% increase in cooling efficiency recorded during internal testing under evaluated conditions, following continuous engineering refinements and on-water validation. Cooling performance is a key operating area for high-voltage marine propulsion, particularly across varying vessel loads, speeds and water conditions.The Company also recently received refined high-voltage battery packs from Octillion Power Systems Inc. for E-Motion™ integration validation. The refined design provides approximately 7.5% more capacity per pack within a similar footprint compared with Vision Marine's current production pack. Integration remains ongoing, including mechanical fitment, electrical communication, output capability, charging compatibility and vessel-level performance.Vision Marine has also reduced certain assembly complexity within the E-Motion™ system through bill-of-material review, part-count reduction and simplified component architecture. These initiatives are intended to support manufacturability, service access and cost discipline over time, although actual cost reductions or margin impact remain subject to validation, supplier pricing, production volume and commercialization timing.In parallel, the Company has refactored elements of its firmware architecture to improve maintainability and simplify future system updates. Vision Marine is also advancing its ZCU enclosure architecture to improve system organization, installation consistency and technician access.These advancements build on Vision Marine's recently activated E-Motion™ data platform, which is designed to collect system performance, diagnostic, usage and behavior data from deployed powertrains. The Company expects this data layer to support product refinement, warranty traceability, customer service efficiency and future software-based optimization where technically and commercially appropriate."Management believes very few teams have spent as much time integrating high-voltage propulsion into real boats as Vision Marine," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "With thousands of hours on the water across multiple hulls and boat types, we are not guessing at what the market needs. We are using real integration experience, real operating data and real service feedback to improve cooling, battery integration, firmware, assembly architecture and serviceability across the E-Motion™ platform."Vision Marine believes the continued refinement of E-Motion™ supports its broader strategy of combining proprietary high-voltage propulsion technology with retail access, service infrastructure and customer feedback through Nautical Ventures. The Company's objective is to continue building a more scalable electric marine platform supported by engineering development, on-water validation and aftersales service capabilities.Capital Markets UpdateDuring the fiscal quarter ended May 31, 2026, the Company issued an aggregate of 2,275,316 common shares pursuant to its at-the-market equity program. Gross proceeds from such sales totalled US$2,585,998, resulting in net proceeds to the Company of US$2,410,280 after payment of aggregate commissions and transaction costs of US$175,718. The Company intends to use the net proceeds from the program for general corporate purposes, including working capital and the execution of its strategic initiatives."About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology and recreational boating company focused on delivering premium on-water experiences across electric propulsion, boat sales, service and related marine operations. Through its proprietary E-Motion™ high-voltage electric propulsion technology and its Nautical Ventures retail and service platform, Vision Marine combines technology development, product integration, consumer access and aftersales support within a vertically integrated marine platform.Forward-Looking StatementsCertain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding E-Motion™ technology development, cooling efficiency, battery integration, firmware architecture, assembly simplification, ZCU enclosure development, connected data capabilities, serviceability, manufacturability, cost discipline, future commercial readiness, scalability, customer adoption and the Company's broader technology and growth strategy.Forward-looking statements are based on management's current expectations, assumptions and estimates and are subject to risks and uncertainties that may cause actual results to differ materially. There can be no assurance that the Company's development initiatives will be completed, validated, commercialized, adopted by customers or manufacturers, reduce costs, improve margins or become available on any particular timeline. Readers should not place undue reliance on forward-looking statements. Vision Marine undertakes no obligation to update or revise any forward-looking statements, except as required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-advances-e-motion-platform-through-real-world-boat-testing-and-system-level-technology-improvements-302794767.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Advances E-Motion™ Platform Through Real-World Boat Testing and System-Level Technology Improvements
US Market News
2週前
Vision Marine Technologies Advances E-Motion™ Power Distribution Unit Manufacturability and Engages Contract Manufacturer to Support Production PlanningJune 4, 2026 6:30 AM
PR Newswire (US) Technology / E-Motion™ Platform DevelopmentVision Marine has improved the manufacturability of its E-Motion™ Power Distribution Unit and engaged a contract manufacturer to support production planning for a key high-voltage component. The work strengthens E-Motion™ manufacturing readiness and supports the platform's roadmap toward future compatibility with fast-charging infrastructure for higher-use applications, including commercial operators, boat clubs, rental fleets and marina environments.BOISBRIAND, QC, June 4, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (TSXV: VMAR) ("Vision Marine" or the "Company"), a marine technology company specializing in high-voltage electric marine propulsion and recreational boating solutions, today announced that it has improved the manufacturability of the Power Distribution Unit ("PDU") used in its E-Motion™ high-voltage electric marine propulsion system and has engaged a contract manufacturer to support production planning for the component. The PDU is a core component of the E-Motion™ high-voltage architecture, managing the distribution of electrical power between key system components. Vision Marine's recent manufacturability work is intended to further streamline production of the PDU and prepare the component for future production requirements as customer and OEM programs develop. The Company has also engaged a contract manufacturer to support production planning and manufacturing readiness for the PDU, while Vision Marine maintains control over system architecture and marine-specific engineering requirements.The enhanced PDU architecture also supports Vision Marine's broader charging roadmap. E-Motion™ currently includes an integrated onboard charger that allows boaters to charge from commonly available dockside shore-power outlets. This approach remains important for everyday use within existing marina environments. At the same time, the Company is evaluating how the E-Motion™ architecture may support future compatibility with fast-charging infrastructure where available, which may be relevant for higher-use applications such as commercial operators, boat clubs, rental fleets and marina-based operations."From the beginning, E-Motion™ was designed to make electric boating practical with the marina infrastructure already available today," said Maxime Poudrier, Chief Operating Officer of Vision Marine. "Integrated dockside charging was the right first step because it made the system easier to use without requiring specialized charging installations. By further optimizing the PDU for manufacturing, we are advancing a key part of the E-Motion™ architecture that may support future charging configurations as the platform continues to evolve."Together with the ongoing validation of its refined Octillion battery packs, the PDU manufacturability work is intended to support a more production-ready E-Motion™ architecture. Vision Marine has not announced commercial availability of fast-charging functionality, and any future higher-output charging capability remains subject to engineering validation, battery and PDU compatibility, infrastructure availability, safety requirements and commercialization decisions.Vision Marine intends to continue advancing the E-Motion™ platform through component manufacturability, battery integration, charging compatibility, data, diagnostics, display and service-related development initiatives designed to improve system functionality, support OEM integration and enhance the customer experience.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology company focused on high-voltage electric marine propulsion, premium boating products and a growing retail and service platform. The Company's E-Motion™ electric powertrain technology is designed for marine applications and integrates propulsion, battery management, charging, thermal management, safety systems and marine-specific controls. Through Nautical Ventures, Vision Marine operates a Florida-based multi-brand retail, service and marina network.Forward-Looking StatementsCertain statements in this press release constitute forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws and forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company's E-Motion™ powertrain platform; the manufacturability of the Power Distribution Unit; the Company's engagement with a contract manufacturer; production planning; potential future production requirements; supplier coordination; serviceability; the Company's battery validation work; the development, validation, timing, compatibility, potential certification, potential commercialization and expected benefits of additional charging configurations, including potential higher-output or fast-charging functionality; charging infrastructure availability; anticipated customer, OEM, marina and commercial applications; the Company's electric propulsion strategy; and the Company's ability to develop, expand and commercialize its high-voltage marine propulsion platform.Forward-looking statements are typically identified by words such as "expects," "plans," "believes," "intends," "designed to," "may," "could," "potential," "opportunity," "future," "roadmap," and similar expressions. These statements are based on management's current expectations, estimates and assumptions, including assumptions regarding the Company's ability to continue engineering development of the E-Motion™ platform, complete technical testing and validation, satisfy applicable safety, installation, regulatory and certification requirements, access compatible charging infrastructure, work with customers, OEMs, marinas, service partners, suppliers and contract manufacturers, obtain any required components or third-party support, and make future commercialization decisions based on technical, financial, regulatory and market conditions.Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, technical development and validation risks; manufacturing and supplier risks; the possibility that PDU production planning may not result in scaled production; the possibility that potential future higher-output or fast-charging functionality may not be successfully developed, validated, certified or commercialized; limited availability or compatibility of charging infrastructure for marine applications; installation, safety, regulatory and certification requirements; customer adoption of electric marine technologies; OEM and dealer adoption; supply chain conditions; capital availability; competitive developments; operational execution; integration of Nautical Ventures; general economic and recreational boating market conditions; and other risks described in the Company's filings with the U.S. Securities and Exchange Commission and on SEDAR+.Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Vision Marine undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-advances-e-motion-power-distribution-unit-manufacturability-and-engages-contract-manufacturer-to-support-production-planning-302791115.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Advances E-Motion™ Power Distribution Unit Manufacturability and Engages Contract Manufacturer to Support Production Planning
US Market News
2週前
Vision Marine Technologies Expands South Florida Consumer Footprint with New Dania Beach Marine Technology and On-Water Experience CenterJune 3, 2026 6:30 AM
PR Newswire (US) Retail Execution / Nautical Ventures PlatformVision Marine's new Dania Beach location expands Nautical Ventures' South Florida consumer footprint by combining full-service retail, waterfront access, on-water demonstrations, service connectivity, and product exposure across traditional and electric boating categories.BOISBRIAND, QC, June 3, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion and premium recreational boating solutions, today announced the opening of a new Nautical Ventures location at 50 South Bryan Road in Dania Beach, Florida. The Dania Beach location replaces Nautical Ventures' previous Federal Highway showroom and will operate as a full-service Nautical Ventures dealership offering recreational boats, yacht tenders, watersports products, marine accessories, rentals, and electric marine products. The facility strengthens the Company's South Florida consumer footprint while expanding direct customer access to both traditional and electric boating experiences.Strategically located near Dania Pointe and within minutes of Nautical Ventures' 115-slip marina operations on Anglers Avenue, the site is positioned to serve customers across Broward County and the broader South Florida corridor, with proximity to Fort Lauderdale-Hollywood International Airport, Port Everglades, and Miami-Dade County.The facility includes expanded indoor showroom capacity, outdoor display areas, waterfront access, and approximately 15 dedicated slips intended to support sea trials, product activations, customer training, technology demonstrations, rentals, and on-water events. The Company plans to celebrate the official grand opening on Wednesday, June 17, 2026, from 5:30 p.m. to 8:30 p.m., with product displays, customer walkthroughs, watersports activations, and opportunities to meet the Nautical Ventures team.The showroom is expected to feature a broad selection of premium recreational boats, yacht tenders, watersports products, electric water toys, and electric marine technologies, including Vision Marine's E-Motion™ propulsion offerings and complementary electric products.The location will also serve as a hub for watersports activations, rentals, and consumer engagement. Since the acquisition of Liquid Surf and Sail, Vision Marine has continued to expand its watersports activities, and management expects the Dania Beach storefront to support further category growth and customer engagement across watersports, fiberglass boats, and yacht tender categories."Water access is a critical advantage," said Jesse Cors, Watersports Division Manager at Nautical Ventures. "Customers can experience products where they are intended to be used. Whether it is an electric water toy, a tender, or a recreational boat, the ability to move from the showroom to a real-world on-water experience helps shorten the path between browsing and ownership."The opening forms part of Vision Marine's broader execution strategy following the acquisition of Nautical Ventures. Through the integration of retail locations, marina infrastructure, marine services, financing solutions, watersports operations, service capabilities, and electric propulsion technology, Vision Marine is building a direct consumer access platform designed to support customer engagement and long-term commercialization opportunities across traditional and electric marine categories."Nautical Ventures gives Vision Marine direct access to consumers in South Florida, one of the largest recreational boating markets in North America," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "The Dania Beach location strengthens that access by combining retail, service connectivity, marina infrastructure, and on-water demonstrations. This is the type of consumer-facing infrastructure we believe is important to support broader awareness of electric boating and the long-term commercialization of our E-Motion™ technology."As Vision Marine continues executing its integrated retail and technology strategy, management believes infrastructure that combines direct market access, marina operations, service support, and on-water demonstrations can play an important role in introducing consumers to electric propulsion technologies while supporting the Company's broader recreational marine platform.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology company focused on advancing high-voltage electric propulsion systems and premium recreational boating experiences. Through its E-Motion™ propulsion technology, product integrations, and ownership of Nautical Ventures, Vision Marine is building an integrated platform that connects innovation, retail access, marine services, and real-world customer deployment.About Nautical VenturesNautical Ventures is a Florida-based recreational marine retail and service network owned by Vision Marine. With more than 15 years of operating history in South Florida, Nautical Ventures offers premium boats, yacht tenders, watersports products, electric water toys, marina services, financing, and customer support through its retail and marina locations.Forward-Looking StatementsCertain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.Forward-looking statements include, without limitation, statements regarding the Company's operational strategy; customer engagement initiatives; retail optimization and commercialization efforts; the anticipated benefits of the Dania Beach location; electric boating adoption; experiential retail initiatives; direct market access; future growth opportunities; the scalability and market adoption of high-voltage electric marine propulsion systems; future product development initiatives; OEM, manufacturing, dealer and service opportunities; the Company's growth strategy; and the Company's ability to expand and scale its electric propulsion and recreational marine platform.Forward-looking statements are typically identified by words such as "expects," "anticipates," "believes," "plans," "intends," "may," "will," "should," "continue," "potential," "future," "growth," "strategy," and similar expressions, although not all forward-looking statements contain such terminology.These statements are based on management's current expectations, assumptions and beliefs and are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements.Such risks and uncertainties include, without limitation: risks related to the Company's ability to develop, commercialize and protect its technologies and intellectual property; risks associated with product development, integration and market acceptance; risks relating to liquidity, financing and operating performance; risks associated with retail execution and commercialization initiatives; and general economic, market, competitive, regulatory and industry conditions that may affect the Company's business and growth strategy.Additional information regarding these and other risks and uncertainties is contained in the Company's filings with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities, which are available under the Company's profiles at SEC EDGAR and SEDAR+.Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.Neither TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this press release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-expands-south-florida-consumer-footprint-with-new-dania-beach-marine-technology-and-on-water-experience-center-302789600.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Expands South Florida Consumer Footprint with New Dania Beach Marine Technology and On-Water Experience Center
US Market News
2週前
Vision Marine Technologies Receives First Octillion Power Systems Sample Packs, Advancing E-Motion™ Market OfferingJune 2, 2026 6:30 AM
PR Newswire (US) Technology Development / Battery Platform ExpansionScaling E-Motion™ Reach: U.S.-based battery manufacturer Octillion delivers advanced high-density sample packs, supporting higher-output capability, flexible configurations, and broader OEM evaluation opportunities for E-Motion™ marine applications.Advancing Capacity & Integration: Vision Marine begins physical validation of custom Octillion sample packs that provide approximately 7.5% more energy capacity per module, with a similar volumetric footprint as the previous generation.Advancing Integration Validation: Immediate mechanical and electrical validation of these refined packs supports the next phase of product validation and may help inform future commercial applications across vessel classes.BOISBRIAND, QC, June 2, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform, today announced that it has received the first two physical battery packs built from a refined high-voltage design developed with Octillion Power Systems Inc. ("Octillion") of California for integration into Vision Marine's E-Motion™ electric marine propulsion platform. "We are pleased to continue advancing this work with Octillion," commented Maxime Poudrier, Chief Operating Officer at Vision Marine. "Their engineering capabilities and production experience, particularly proven in the marine space, are important to our platform strategy. This battery advancement supports our objective of making high-voltage electric propulsion more adaptable for manufacturers, more practical for consumers and commercial operators, and better aligned with the real-world demands of boating applications."The receipt of these first two packs marks a concrete integration milestone for the updated battery design and enables Vision Marine to begin the next stage of physical validation within its E-Motion™ architecture. This refined battery design provides approximately 7.5% more energy capacity per pack within a similar volumetric footprint compared with the Company's prior battery configuration. Output capability, vessel-level performance, charging compatibility, and integration parameters remain subject to the Company's ongoing validation process.These performance and structural benchmarks are advancing with electrochemistry, advanced thermal management, and domestic manufacturing footprint, supporting continued development of the refined E-Motion™ platform. Octillion brings a proven pedigree of engineering safe, high-voltage battery architectures deployed across demanding mobility environments worldwide. Through this technical collaboration, Vision Marine's E-Motion™ platform can thrive amidst the intense mechanical vibrations, radical thermal swings, and moisture infiltration unique to challenging maritime operations.Vision Marine believes this advancement may support more flexible electric propulsion configurations across a broader range of recreational boat models. Depending on vessel requirements, the architecture may also support single-pack applications for smaller boats, while also improving energy density from one- to three-pack configurations by providing more kWh capacity within a similar weight and packaging profile."This is an important technology advancement with direct market application," continued Poudrier. "Receiving the first two sample packs built from this refined design allows us to move into the next stage of integration validation. By increasing capacity and output within a similar footprint, this battery design may allow us to address a broader range of recreational and commercial boat models, from smaller platforms to multi-pack configurations requiring greater total energy capacity. For manufacturers, it will provide greater flexibility to evaluate E-Motion™ where space, weight, performance, and price positioning are critical."The next stage of integration and validation is expected to include mechanical fitment, electrical communication testing, discharge validation, thermal review, charging compatibility assessment, and vessel-level integration work within the E-Motion™ architecture.Vision Marine believes the new battery design supports its broader strategy of developing a scalable electric propulsion platform that can serve multiple recreational boating categories. Through its E-Motion™ technology, OEM relationships, integration expertise, and Nautical Ventures retail and service platform, Vision Marine continues to build the technical and commercial infrastructure intended to support broader electric boating adoption.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology and recreational boating company focused on high-voltage electric marine propulsion, multi-brand boat retail, service, and consumer on-water experiences. Through its proprietary E-Motion™ electric propulsion technology and Nautical Ventures retail and service platform, Vision Marine is building a vertically integrated marine platform designed to support the transition toward higher-performance electric boating while continuing to serve the broader recreational marine market across both electric and internal combustion engine segments.Vision Marine's E-Motion™ technology has been integrated across multiple boat platforms and is supported by marine-specific engineering, an expanding intellectual property portfolio, and real-world validation. Through Nautical Ventures, the Company has direct consumer access, service operations, financing and insurance capabilities, marina assets, and established relationships across the recreational boating market.For more information, visit visionmarinetechnologies.com and investors.visionmarinetechnologies.com.About Octillion Power Systems Inc.Octillion, headquartered in Richmond, California, is a Tier 1 supplier of advanced high-density energy storage systems focused on the electrification of cross-sector electric mobility—spanning passenger vehicles, commercial trucks, transit buses, marine craft, and heavy industrial machinery. With 9 global manufacturing facilities, Octillion has delivered more than 2.6 million batteries to the global EV market, over 39 billion kilometers driven on its systems, and 16.55GWh of delivered energy in 2024. Octillion is a turnkey battery supplier for the transportation market providing its customers with a bridge from design to mass-scale manufacturing. Octillion products undergo a robust design process, including extensive thermal modeling, fully integrated battery management systems, and a standardized production process that offers a customized-package solution. Learn more at www.octillion.us.Forward-Looking StatementsCertain statements in this press release constitute forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws and the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding Vision Marine's battery integration activities, expected output capability, improved energy density, compact configuration potential, single-pack and multi-pack application potential, production readiness, OEM evaluation opportunities, recreational boat applications, tooling benefits, supply-chain readiness, charging compatibility, market opportunities, customer adoption, and the continued development and commercialization of the Company's E-Motion™ platform.Forward-looking statements can often be identified by words such as "expects," "plans," "believes," "intends," "anticipates," "continues," "estimates," "projects," "potential," "opportunity," "may," "could," "would," "will," "designed to," "intended to," and similar expressions or variations of such words and phrases.These forward-looking statements are based on management's current expectations, assumptions, estimates, and projections as of the date of this press release. Material assumptions include, without limitation, that the new battery pack design will perform substantially in accordance with current design expectations during integration and validation; that the first physical packs received will provide a suitable basis for mechanical, electrical, thermal, charging, and vessel-level validation; that Vision Marine's E-Motion™ architecture will remain compatible with the updated battery design; that Octillion Power Systems will continue to provide engineering and production support; that required components, technical resources, and supplier support will remain available on commercially reasonable terms; that applicable regulatory, certification, and safety requirements can be addressed; and that OEMs and consumers will continue to evaluate electric propulsion solutions for recreational boating applications.Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, without limitation, risks related to testing and validation activities; battery performance, safety, certification, manufacturing, production readiness, and commercial acceptance; supplier and supply-chain risks; the Company's relationship with Octillion Power Systems; customer and OEM adoption of electric marine technologies; installation, service, charging infrastructure, and vessel compatibility requirements; competition; general economic, capital market, and recreational boating industry conditions; liquidity and financing risks; and other risks described in the Company's filings with the U.S. Securities and Exchange Commission and on SEDAR+.Forward-looking statements are not guarantees of future performance. Actual results, performance, achievements, or developments may differ materially from those expressed or implied by the forward-looking statements in this press release. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof.The Company undertakes no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-receives-first-octillion-power-systems-sample-packs-advancing-e-motion-market-offering-302788051.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Receives First Octillion Power Systems Sample Packs, Advancing E-Motion™ Market Offering
US Market News
2週前
Vision Marine Technologies Provides Operational Update on Nautical Ventures Fort Lauderdale Marina, Service Center and Electric Marine Service CapabilitiesJune 1, 2026 6:30 AM
PR Newswire (US) Operations / Marina and Service InfrastructureVision Marine is updating shareholders on Nautical Ventures' Fort Lauderdale marina operations, including its 115-slip facility, service capabilities, online customer access point, and management's ongoing efforts to improve utilization of the location.BOISBRIAND, QC, June 1, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and recreational boating solutions, today provided an operational update on Nautical Ventures' Fort Lauderdale Marina and Service Center. Located at 4470 Anglers Ave in Fort Lauderdale, Florida, the facility includes 115 slips and supports vessels up to 45 feet. The marina is positioned approximately 3.3 miles from Fort Lauderdale-Hollywood International Airport, providing access for local, regional, seasonal and international boat owners seeking marina and service support in South Florida.Following the acquisition of Nautical Ventures, Vision Marine management has been evaluating the Fort Lauderdale location as part of its broader review of retail, marina and service operations. Management intends to centralize certain marina, service and customer-facing activities at the location where operationally appropriate, with the objective of improving site utilization, reducing duplicative activity where possible, and supporting a more coordinated customer service process.The facility currently supports marina slips, storage, service, parts coordination, maintenance and warranty-related activity. Nautical Ventures also provides certified service capabilities for multiple marine brands, including Mercury and Yamaha, and service support for both traditional and electric boating products.Vision Marine is also expanding electric marine service capabilities at the location to support diagnostics, installation, maintenance and service requirements for electric boating products, including the Company's E-Motion™ electric propulsion platform. These capabilities remain part of the Company's broader service and support planning for its marine technology and retail operations.The Company also recently expanded Nautical Ventures' online marina access point, allowing customers to request information related to slips, dockage, storage, service support and marina operations. The marina page is available here:
https://www.nauticalventures.com/nv-marina-and-service-home/Vision Marine believes the continued organization of marina and service operations at Nautical Ventures is an important component of its effort to improve operational coordination, customer access and service coverage across its Florida platform.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology and recreational boating company focused on high-voltage electric propulsion, premium boating experiences, and retail and service operations. Through its E-Motion™ electric propulsion technology and Nautical Ventures' Florida-based retail, marina and service platform, Vision Marine serves customers across electric and traditional boating segments.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding Vision Marine's operational review and development of Nautical Ventures' Fort Lauderdale Marina and Service Center, the intended centralization of certain marina, service and customer-facing activities, potential improvements to site utilization, possible reductions in duplicative operating activity, service coverage, electric marine service capabilities, customer access initiatives, and the Company's broader retail, marina and service strategy.Forward-looking statements are based on management's current expectations, assumptions, estimates and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, among others, market conditions, recreational boating industry conditions, marina utilization, customer demand, operational execution, integration risks related to Nautical Ventures, liquidity and financing risks, floor-plan financing availability, service and staffing capacity, operating costs and expenses, supply chain conditions, competitive conditions, regulatory developments, and other risks described in the Company's filings with the U.S. Securities and Exchange Commission and on SEDAR+.Readers should not place undue reliance on forward-looking statements, which speak only as of the date of this release. Vision Marine undertakes no obligation to update or revise forward-looking statements except as required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-provides-operational-update-on-nautical-ventures-fort-lauderdale-marina-service-center-and-electric-marine-service-capabilities-302786368.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Provides Operational Update on Nautical Ventures Fort Lauderdale Marina, Service Center and Electric Marine Service Capabilities
US Market News
3週前
Vision Marine Technologies Continues Development of Refined P PowerPack for Pontoon ApplicationsMay 28, 2026 6:30 AM
PR Newswire (US) Technology Development / E-Motion™ Pontoon PlatformBOISBRIAND, QC, May 28, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and recreational boating solutions, today announced continued development of a refined version of its P PowerPack, a compact and modular E-Motion™ propulsion package designed for pontoon applications. The P PowerPack was originally developed to support integration of Vision Marine's E-Motion™ high-voltage propulsion technology into pontoon platforms. The refined version is being developed with a more compact and modular configuration intended to support a wider range of pontoon layouts, including certain rear lounge and sun-pad configurations commonly used by manufacturers.The refined configuration is being developed to support a more standardized installation approach, including simplified connection architecture, adaptable floor integration, improved service accessibility, and flexible battery configurations depending on vessel size, range requirements, performance targets, and manufacturer specifications. Final configuration, installation requirements, performance, cost, and production suitability may vary depending on each manufacturer's platform, production process, and technical requirements.According to the National Marine Manufacturers Association's 2024 U.S. Recreational Boating Statistical Abstract Powerboat Sales Trends Report, the U.S. powerboat market recorded nearly 168,000 new unit sales in 2024, with pontoons representing more than one-third of the outboard product mix, making them the largest segment in the category.Pontoon applications commonly include family-oriented recreational use, short-distance cruising, waterfront communities, rental operations, sandbar activities, lake navigation, and certain watersports use cases. Vision Marine is continuing to refine the P PowerPack as part of its ongoing E-Motion™ product-development efforts for pontoon applications and other recreational marine platforms."P PowerPack development is focused on making our E-Motion™ system more adaptable for pontoon applications while maintaining a practical approach to installation, service access, and battery configuration," said Maxime Poudrier, Chief Operating Officer of Vision Marine. "As with any product-development initiative, manufacturer-specific requirements, validation work, production planning, supply-chain availability, cost considerations, and market adoption will remain important factors as we continue to refine the system."The advancement of the P PowerPack is part of Vision Marine's broader E-Motion™ product-development roadmap. The Company continues to develop electric propulsion solutions that may be used in manufacturer programs and in Vision Marine's own product integrations, subject to technical validation, market demand, manufacturing readiness, and other commercial and operational factors.Visit the P PowerPack webpage: https://visionmarinetechnologies.com/p-powerpack-pontoon-hv/About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology and recreational boating company focused on delivering premium on-water experiences across electric and internal combustion engine segments. The Company designs and commercializes high-voltage electric propulsion systems under its E-Motion™ platform and operates a multi-brand retail, service, and marina platform through Nautical Ventures Group. Vision Marine's strategy combines proprietary marine technology, direct consumer access, service capabilities, and retail execution to support the continued evolution of recreational boating.Forward-Looking StatementsCertain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the development, refinement, configuration, functionality, compatibility, installation approach, performance, cost, serviceability, battery configuration, production suitability, commercial potential, market adoption, OEM integration, future deployment opportunities, and future availability of the refined P PowerPack; the potential use of the P PowerPack in pontoon applications and other recreational marine platforms; the Company's ability to support manufacturer programs or its own product integrations; and the Company's broader product-development roadmap and commercialization objectives surrounding the E-Motion™ platform.Forward-looking statements are based on current expectations, assumptions, estimates, projections, and beliefs of management and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, developments, or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, without limitation, risks related to product development, engineering validation, manufacturing readiness, supplier performance, battery supply and availability, component costs, product performance, safety and reliability, certification or regulatory requirements, customer and OEM adoption, integration timelines, production-line requirements, market acceptance of electric marine propulsion, demand within the pontoon and recreational boating markets, competition, general economic and boating industry conditions, capital availability, liquidity, the Company's ability to execute its business strategy, and other risks described in the Company's filings with the U.S. Securities and Exchange Commission and on SEDAR+.There can be no assurance that the refined P PowerPack will be completed, validated, commercialized, adopted by manufacturers, available on the expected timeline, or perform as anticipated. Market and industry data referenced in this release, including data attributed to the National Marine Manufacturers Association, are based on third-party sources believed by the Company to be reliable; however, the Company has not independently verified such information and cannot guarantee its accuracy or completeness.Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Vision Marine undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-continues-development-of-refined-p-powerpack-for-pontoon-applications-302784124.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Continues Development of Refined P PowerPack for Pontoon Applications
US Market News
3週前
Vision Marine Technologies Activates E-Motion™ Data Platform to Advance Predictive Maintenance, Warranty Intelligence and Post-Sale Powertrain OptimizationMay 27, 2026 7:00 AM
PR Newswire (US) Technology / E-Motion™ Platform IntelligenceConnected powertrain data is expected to support real-world usage intelligence, technician diagnostics, customer service efficiency and future software-based optimization across deployed E-Motion™ systems.BOISBRIAND, QC, May 27, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage electric marine propulsion and recreational boating solutions, today announced the activation of a connected data platform for its E-Motion™ high-voltage electric marine powertrain technology, creating a new operational intelligence layer intended to support predictive maintenance, technician diagnostics, warranty traceability, customer usage analytics and future software-based powertrain optimization. The E-Motion™ data platform is designed to gather real-world system performance, diagnostic, usage and behavior data from deployed powertrains. This data is expected to help Vision Marine improve product predictability, identify preventive maintenance opportunities for owners, provide technicians with more precise diagnostic context and support warranty validation through traceable operating history. It may also allow Vision Marine and its Nautical Ventures service network to proactively engage customers for scheduled maintenance based on actual powertrain usage, such as lower-unit service intervals, system checks or other service events identified through operating data. Management believes this capability could support stronger customer retention, improved service efficiency and potential recurring service revenue opportunities across deployed E-Motion™ systems.Vision Marine believes this data layer represents an important advantage of connected electric propulsion. Unlike traditional internal combustion engine powertrains, which are generally evaluated through physical inspection, scheduled maintenance and reactive service events, connected electric propulsion systems can produce digital operating data directly from the powertrain. This may allow Vision Marine to better understand how E-Motion™ performs across different boat types, user behaviors, load profiles, charging patterns and operating environments."Data is becoming one of the most important value drivers in advanced propulsion," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "With E-Motion™, each deployed system can contribute to a growing base of operational intelligence. That information can support owners, help technicians diagnose issues with greater precision, strengthen warranty validation, and allow the platform to keep improving after delivery."The Company is also developing the architecture with the intention of supporting future over-the-air software update capability where technically and commercially appropriate. Subject to validation, regulatory considerations and platform-specific requirements, this capability could allow certain software improvements, calibrations or system refinements to be deployed after acquisition, helping position E-Motion™ as an evolving technology platform via its software defined architecture rather than a static mechanical installation.Vision Marine believes the activation of E-Motion™ data infrastructure supports its broader strategy of combining proprietary propulsion technology, service infrastructure and direct customer access through Nautical Ventures. By connecting engineering data, customer usage, technician diagnostics and aftersales service, the Company is working to strengthen the commercial foundation for scalable electric boating adoption and long-term lifecycle engagement with deployed E-Motion™ systems.Vision Marine plans to continue refining its E-Motion™ data platform as additional integrations are tested, delivered and evaluated in real-world marine environments.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology and recreational boating company focused on delivering premium on-water experiences across electric propulsion, boat sales, service and related marine operations. Through its proprietary E-Motion™ high-voltage electric propulsion technology and its Nautical Ventures retail and service platform, Vision Marine combines technology development, product integration, consumer access and aftersales support within a vertically integrated marine platform.For more information, visit www.visionmarinetechnologies.com and investors.visionmarinetechnologies.com.Forward-Looking Statements
Certain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and within the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding Vision Marine's E-Motion™ powertrain technology; the development, activation, functionality and potential capabilities of the Company's connected data platform, telematics, cellular connectivity and remote diagnostic capabilities; the Company's ability to collect, analyze and utilize operational, diagnostic, performance and customer usage data; potential benefits relating to predictive maintenance, warranty support, technician diagnostics, service support, product validation, post-sale optimization, system traceability and software-enabled functionality enhancements; potential future over-the-air update capability; future integrations and platform development initiatives; and the Company's broader technology, retail, service and growth strategies.Forward-looking statements are based on management's current expectations, assumptions and estimates and are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, without limitation, the Company's ability to continue as a going concern; its ability to achieve and maintain profitability; market adoption of electric marine propulsion systems; customer acceptance and utilization of connected platform features; product development, testing and validation risks; data collection, privacy, cybersecurity and connectivity risks; warranty, service and support risks; supply chain constraints; competition; regulatory developments; technological performance; integration and execution risks related to acquired operations; dependence on financing and capital availability; general economic and recreational boating market conditions; and other risks described in the Company's filings with the U.S. Securities and Exchange Commission and on SEDAR+.Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Vision Marine undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-activates-e-motion-data-platform-to-advance-predictive-maintenance-warranty-intelligence-and-post-sale-powertrain-optimization-302782616.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Activates E-Motion™ Data Platform to Advance Predictive Maintenance, Warranty Intelligence and Post-Sale Powertrain Optimization
US Market News
4週前
Vision Marine Technologies Expands California Market Presence Through Title Sponsorship of Lake Berryessa Electric Boat FestivalMay 21, 2026 3:49 PM
PR Newswire (US) Market Activation / Brand VisibilityBOISBRIAND, QC, May 21, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform, today announced that it will serve as Title Sponsor of the Lake Berryessa Electric Boat Festival, taking place June 5-6, 2026, at Pleasure Cove Marina, 6100 CA-128, Napa, California. The sponsorship positions Vision Marine at the center of a targeted market activation in Northern California and supports the Company's broader strategy of increasing market awareness through direct consumer engagement, on-water product demonstrations and expanded visibility in strategic recreational boating markets.Unlike traditional showroom-based marketing, the Lake Berryessa Electric Boat Festival, produced by Sea Watts, provides an on-water environment where consumers can experience electric boating directly. Vision Marine views this type of activation as a key component of building category awareness, supporting product education and strengthening brand presence in strategic recreational boating markets."Vision Marine has shown their leadership in the electric marine space and continues with that commitment as the title sponsor of the event," said Ollie Danner, CEO of Sea Watts.California remains an important market for recreational boating and electric mobility adoption, while the Napa Valley region provides access to a premium lifestyle audience aligned with tourism, recreation and high-value consumer experiences. For Vision Marine, the event brings together three important investor-facing indicators: brand visibility, consumer exposure and direct product demonstration in a strategic market.Vision Marine expects to showcase several electric marine products during the event, including the Sterk 31E featuring dual E-Motion™ 180E propulsion systems, SPECTR 26 and Fantail 217, alongside Taiga electric personal watercraft offered through Nautical Ventures' Electric Product Division."Electric boating is an experience-driven category, and there is no stronger way to build understanding than by putting consumers directly on the water," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "As Title Sponsor, Vision Marine is using this event to place our brand, products and technology in front of a qualified California audience that includes consumers, media, investors and industry participants."The Lake Berryessa Electric Boat Festival includes industry programming, VIP and media activities, on-water demonstrations and a public festival experience. Vision Marine's participation supports the Company's strategy of increasing market awareness through direct consumer exposure, product demonstrations and high-visibility events in strategic boating regions.The Electric Marine Industry Leadership Summit and VIP Experience programming is scheduled for Friday, June 5, 2026, followed by the public festival on Saturday, June 6, 2026, at Pleasure Cove Marina in Napa, California.About Lake Berryessa Electric Boat FestivalThe Lake Berryessa Electric Boat Festival is a Northern California electric boating and waterfront lifestyle event held at Pleasure Cove Marina in Napa, California. The event brings together electric boat manufacturers, marine technology companies, marina operators, investors, media and consumers for on-water demonstrations, industry programming, VIP experiences and public festival activities. Positioned near Napa Valley, San Francisco and Sacramento, the festival combines electric marine innovation with a premium outdoor lifestyle setting, creating a platform for product discovery, consumer education and direct engagement with the future of electric boating.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform. Through its proprietary E-Motion™ electric propulsion technology and its ownership of Nautical Ventures, an award-winning marine dealership network with eight locations across Florida, Vision Marine combines advanced marine engineering, intellectual property development and direct-to-consumer market access.The Company's integrated platform spans propulsion technology, boat manufacturing partnerships, retail distribution and aftersales service, enabling scalable deployment across both electric and internal combustion engine ("ICE") segments. Vision Marine continues to focus on enhancing the overall boating experience through marine-specific innovation, operational execution and customer engagement.Forward-Looking StatementsCertain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.Forward-looking statements include, without limitation, statements regarding: the Company's participation in and expected benefits from the Lake Berryessa Electric Boat Festival; anticipated brand visibility, consumer engagement, media exposure and investor awareness resulting from the event; the Company's expectations regarding market activation strategies, product demonstrations and direct-to-consumer engagement initiatives; the anticipated showcase and performance of the Company's electric marine products and technologies; the Company's positioning within the electric marine industry; the growth, adoption and commercialization of electric marine propulsion technologies; future product development initiatives; the expansion and execution of the Company's retail, distribution and service platform; OEM, dealer and strategic partnership opportunities; and the Company's overall business strategy, growth plans and market opportunities.Forward-looking statements are typically identified by words such as "expects," "anticipates," "believes," "plans," "intends," "may," "will," "should," "continue," "potential," "future," "growth," "strategy," and similar expressions, although not all forward-looking statements contain such terminology.These statements are based on management's current expectations, assumptions and beliefs and are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements.Such risks and uncertainties include, without limitation: risks related to the Company's business operations, strategic initiatives and growth plans; risks associated with product development, commercialization and market acceptance; risks relating to liquidity, financing and operating performance; and general economic, market, competitive, regulatory and industry conditions that may affect the Company's business and future results.Additional information regarding these and other risks and uncertainties is contained in the Company's filings with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities, which are available under the Company's profiles at SEC EDGAR and SEDAR+.Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.Neither TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this press release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-expands-california-market-presence-through-title-sponsorship-of-lake-berryessa-electric-boat-festival-302779507.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Expands California Market Presence Through Title Sponsorship of Lake Berryessa Electric Boat Festival
US Market News
4週前
Vision Marine Technologies Files 16th U.S. Patent Application Covering Electronic Reverse-Thrust Architecture for Electric OutboardsMay 21, 2026 12:00 PM
PR Newswire (US) Intellectual Property / Electric Propulsion TechnologyBOISBRIAND, QC, May 21, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a marine technology company specializing in high-voltage electric propulsion and premium recreational boating experiences through its vertically integrated technology and retail platform, today announced the filing of its 16th U.S. patent application, further expanding its intellectual property portfolio supporting the E-Motion™ high-voltage electric marine propulsion system. The newly filed patent application focuses on an electronic reverse-thrust architecture for electric marine outboards, enabling propulsion direction to be controlled electronically through motor rotation rather than through traditional mechanical shifting systems commonly used in combustion-powered outboards.The application is designed around one of the inherent advantages of electric propulsion: reducing mechanical dependency while maintaining compatibility with established lower-unit marine architectures. By managing directional control electronically, the system is intended to simplify integration, reduce moving components and support long-term durability and serviceability.Vision Marine believes this approach represents another step toward making high-voltage electric propulsion more practical and scalable for manufacturers, dealers, service providers and consumers."This filing reflects one of the practical engineering advantages that electric propulsion enables," said Daniel Rathe, Chief Technology Officer of Vision Marine. "Because an electric motor can reverse direction electronically, certain mechanical systems originally required for combustion engines can be reduced or eliminated. Electronic directional control creates opportunities to simplify traditional marine architectures while maintaining the reliability and usability standards expected by boaters."The filing expands Vision Marine's broader intellectual property strategy surrounding its E-Motion™ platform and complements existing developments across propulsion controls, drivetrain integration, software architecture, cooling systems, energy management and marine system communication, all engineered specifically for marine applications."This patent application reflects our philosophy of building technology that delivers practical value and supports broader adoption," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "Our objective is not simply to electrify boats. It is to engineer solutions that reduce complexity, improve the ownership experience and create scalable pathways for manufacturers and consumers. Each advancement in our intellectual property portfolio strengthens the strategic foundation we are building across technology, retail and service."Vision Marine believes practical innovation and integration simplicity may become increasingly important drivers in accelerating the adoption of electric propulsion across recreational marine markets. Through its combination of proprietary technology and direct consumer access via Nautical Ventures, the Company continues to develop a platform designed to shorten adoption cycles and improve customer experience.With 16 patent applications filed to date, Vision Marine continues to strengthen its position as a purpose-built marine technology company focused on developing high-voltage electric propulsion solutions engineered specifically for marine environments. The Company believes its integrated approach, combining innovation, retail distribution, service capabilities and customer access, creates a differentiated foundation to support long-term growth and broader market awareness.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform. Through its proprietary E-Motion™ electric propulsion technology and its ownership of Nautical Ventures, an award-winning marine dealership network with eight locations across Florida, Vision Marine combines advanced marine engineering, intellectual property development and direct-to-consumer market access.The Company's integrated platform spans propulsion technology, boat manufacturing partnerships, retail distribution and aftersales service, enabling scalable deployment across both electric and internal combustion engine ("ICE") segments. Vision Marine continues to focus on enhancing the overall boating experience through marine-specific innovation, operational execution and customer engagement.Forward-Looking StatementsCertain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.Forward-looking statements include, without limitation, statements regarding the Company's intellectual property portfolio and strategy; the expected scope, functionality, benefits and commercial relevance of the newly filed patent application; the potential for patent protection and the timing or outcome of patent applications; the development and commercialization of the Company's E-Motion™ platform and related technologies; the anticipated benefits of electronic propulsion architecture, including potential reductions in mechanical complexity and improvements in integration, serviceability, durability or reliability; the scalability and market adoption of high-voltage electric marine propulsion systems; future product development initiatives; OEM, manufacturing, dealer and service opportunities; the Company's growth strategy; and the Company's ability to expand and scale its electric propulsion and recreational marine platform.Forward-looking statements are typically identified by words such as "expects," "anticipates," "believes," "plans," "intends," "may," "will," "should," "continue," "potential," "future," "growth," "strategy," and similar expressions, although not all forward-looking statements contain such terminology.These statements are based on management's current expectations, assumptions and beliefs and are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements.Such risks and uncertainties include, without limitation: risks related to the Company's ability to develop, commercialize and protect its technologies and intellectual property; uncertainty regarding the outcome, scope or enforceability of pending patent applications; risks associated with product development, integration and market acceptance; risks relating to liquidity, financing and operating performance; and general economic, market, competitive, regulatory and industry conditions that may affect the Company's business and growth strategy.Additional information regarding these and other risks and uncertainties is contained in the Company's filings with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities, which are available under the Company's profiles at SEC EDGAR and SEDAR+.Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.Neither TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this press release. 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US Market News
4週前
Vision Marine Technologies Provides Shareholder Update Highlighting Commercial Expansion and Operational ExecutionMay 19, 2026 4:00 AM
PR Newswire (US) Update to Shareholders for the six-month period ended February 28, 2026FORT LAUDERDALE, Fla., May 19, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. ("Vision Marine") (NASDAQ: VMAR; TSXV: VMAR), a company specializing in high-voltage electric marine propulsion and multi-brand recreational boating operations, is pleased to publish the following address to shareholders from Alexandre Mongeon, its Chief Executive Officer. Vision Marine was built to bring high-voltage electric marine into real-world adoption. Over the first six months of fiscal 2026, we have made important progress toward that objective by connecting our technology with direct market access, service infrastructure, and on-water customer deployment, creating a clearer path from innovation to commercial execution. Together, these elements reflect Vision Marine's evolution from advanced electric marine innovation into a scalable commercial platform designed to position the Company at the forefront of the future electric boating market.Our technology was built for real-world adoption, and we are now executing on the next phase of growth: expanding our path to market and supporting broader customer adoption. Customers need to experience it, dealers need to support it, and products need to be delivered through a reliable retail and service network. The acquisition of Nautical Ventures Group Inc. ("Nautical Ventures") supports that transition by adding direct retail access, service support, and on-water deployment capabilities. For shareholders, this is where execution becomes tangible: Vision Marine is building the retail, service, and customer access infrastructure needed to move electric propulsion from innovation into commercial deployment.This model is now producing measurable commercial and operational results. Electric boat sales under contract increased by more than 400% year-over-year, reflecting increased commercial engagement and customer interest in the Company's electric propulsion platform. Importantly, this growth shows that market interest is beginning to convert into contracted commercial activity. Supported by direct customer access and on-water exposure across the Nautical Ventures network, this growth reflects the practical value of combining Vision Marine's propulsion technology with real customer access, creating a stronger commercial foundation for broader customer adoption of electric boating.To support this next phase of commercial execution, we materially improved the operating profile of the retail platform and strengthened the foundation needed to scale electric boating adoption. From the acquisition date up to February 28, 2026, total boats and tenders in inventory at the Nautical Ventures segment have been reduced by approximately 37%, while floor plan financing has decreased by approximately 57%. These reductions reflect disciplined integration, improved capital efficiency, and a stronger operating base for our growth. These actions contributed to a significant improvement in the operating profile of the Nautical Ventures segment, which approached EBITDA breakeven for the most recently reported quarter within less than one year of integration. EBITDA is a non-IFRS measure.To support the next phase of commercial growth, we have also continued strengthening our financial flexibility. Nautical Ventures recently secured a new US$4.0 million floor plan credit facility with Shore Premier Finance, providing additional flexibility to support inventory deployment and align product availability with customer demand. In addition, we have continued executing on real estate monetization initiatives associated with the Nautical Ventures acquisition. Most recently, the Company announced a transaction involving the proposed sale of the Fort Lauderdale property located at 1400 South Federal Highway for total consideration of up to US$10.0 million, which is expected to generate approximately US$5.0 million in non-dilutive liquidity to Vision Marine pursuant to its existing contractual rights and operating arrangements associated with the Nautical Ventures acquisition. This transaction is in addition to the sale of two properties completed during the first quarter of fiscal 2026, which generated approximately US$3.9 million in net proceeds to the Company in October 2025.As part of the same execution discipline, we continued improving the cost structure of the Nautical Ventures platform, supporting a more disciplined and scalable operating model. Through ongoing operational optimization and integration initiatives implemented during the period, Nautical Ventures implemented operating expenditure reductions expected to lower the platform's cost structure by approximately 10% –15% on a go-forward basis. As of February 28, 2026, the Company reported approximately US$4.1 million in cash and cash equivalents and working capital of approximately US$10.0 million.From a technology and product perspective, we continue to advance our electric propulsion strategy through products and partnerships that bring electric boating closer to real customer adoption. The SPECTR 26 pontoon reflects our approach to bringing a fully integrated electric product to market within the pontoon category, one of the fastest growing and most relevant segments in recreational boating. Our collaboration with Sterk supports the integration of Vision Marine's propulsion systems into premium performance platforms and demonstrates the flexibility of our technology across multiple boating categories, customer segments, and on-water use cases.From a commercial execution standpoint, the expansion of the Nautical Ventures brand portfolio, including AIATA and Twin Vee, strengthens our market reach through expanded distribution, premium brand representation, and exclusive market coverage across key recreational boating segments giving Vision Marine additional channels to place its technology in front of customers, support deployment, and expand adoption across boating markets.Vision Marine has also recently commenced trading on the TSX Venture Exchange ("TSXV") under the symbol VMAR, complementing its Nasdaq listing and expanding access to North American capital markets while increasing visibility among Canadian and U.S. investors as we continue to execute our electric marine growth strategy.We believe recreational boating is entering a long-term transition toward electric propulsion and more technology-driven on-water experiences. We believe that the progress achieved over the past six months reflects more than operational execution. It reflects the successful integration of technology, retail access, service infrastructure, and customer deployment into one operating platform designed to support scalable electric propulsion adoption and to help define how electric boating can move from an emerging category into a practical, customer-ready market.That is the foundation we are building on as we continue to expand Vision Marine's position within the through continued execution of the recreational boating market.Sincerely,
Alexandre Mongeon
Chief Executive Officer
Vision Marine Technologies Inc.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform. Through its proprietary E-Motion™ electric propulsion technology and its ownership of Nautical Ventures, an award-winning marine dealership network with eight locations across Florida, Vision Marine combines advanced marine engineering with direct-to-consumer market access.The Company's integrated platform spans propulsion technology, boat manufacturing partnerships, retail distribution, and aftersales service, enabling scalable deployment across both electric and internal combustion engine ("ICE") segments. Vision Marine continues to focus on enhancing the overall boating experience through innovation, operational execution, and customer engagement.Forward-Looking StatementsCertain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company's expected growth, commercialization strategy, electric propulsion adoption, operational optimization initiatives, inventory and floor plan reduction efforts, anticipated financial flexibility and liquidity improvements, expected benefits from recently secured financing arrangements, anticipated proceeds from real estate monetization initiatives, expected closing and timing of proposed transactions, future market opportunities, product development initiatives, strategic partnerships, expansion of distribution channels, future operational performance, EBITDA improvement initiatives, and the Company's ability to continue scaling its electric boating platform and broader recreational marine operations.Forward-looking statements are typically identified by words such as "expects," "anticipates," "believes," "plans," "intends," "may," "will," "should," "continue," "potential," "future," "growth," "strategy," and similar expressions, although not all forward-looking statements contain such terminology.These statements are based on management's current expectations, assumptions and beliefs and are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation: the Company's ability to continue as a going concern; risks related to liquidity and capital resources; risks associated with the integration and operation of Nautical Ventures; the Company's ability to realize anticipated benefits from financing arrangements and real estate monetization initiatives; risks relating to capital markets conditions and the Company's ability to access additional financing on acceptable terms or at all; the risk that proposed transactions may not close on the anticipated terms or timing, or at all; market acceptance of electric marine propulsion technology; general economic, business, regulatory, competitive, market and industry conditions; dependence on key suppliers, manufacturers and strategic relationships; inventory management and floor plan financing risks; fluctuations in demand for recreational boating products; execution risks associated with operational optimization initiatives; and other risks disclosed in the Company's public filings with the SEC and Canadian securities regulatory authorities.Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-provides-shareholder-update-highlighting-commercial-expansion-and-operational-execution-302775683.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Provides Shareholder Update Highlighting Commercial Expansion and Operational Execution
ulmadi
1月前
News
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Vision Marine Technologies Announces Transaction Involving Planned Sale of Fort Lauderdale Property for Up to $10.0 Million, as Company Centralizes Retail Operations at its Anglers Marina
Real Estate Optimization / Operational Efficiency / Capital Allocation
FORT LAUDERDALE, Fla., May 12, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and recreational boating solutions through a vertically integrated multi-brand retail platform, announced today that NVFL Holdings, LLC—an affiliate of the sellers involved in the acquisition of Nautical Ventures Group Inc. ("Nautical Ventures")—has entered into a definitive agreement for the sale of the property located at 1400 South Federal Highway in Fort Lauderdale, Florida, for a total consideration of up to $10.0 million. The transaction is expected to generate approximately $5.0 million in non-dilutive liquidity for Vision Marine, pursuant to existing contractual rights and operating agreements related to the Nautical Ventures acquisition, while also reducing annualized operating costs by approximately $1.2 million.
Subject to customary closing conditions, the transaction is expected to close prior to August 31, 2026. If the sale closes before August 31, 2026, the buyer will be entitled to a discount of $350,000 on the final purchase price. After the repayment of debt, transaction costs, and other closing adjustments, the transaction is expected to provide Vision Marine with approximately $5.0 million in cash liquidity. Management believes that the transaction represents a significant step toward increasing liquidity and enhancing financial flexibility, without the transaction itself necessitating the issuance of additional equity capital.
**Reduction of Fixed Costs While Maintaining Market Coverage**
Furthermore, the transaction is expected to reduce annualized fixed operating costs by approximately $1.2 million while simultaneously improving the overall efficiency of Nautical Ventures' operational footprint. Nautical Ventures is expected to continue representing the same leading brands and serving the same Florida territory, with management anticipating minimal disruption to customers and operations.
The transaction reflects Vision Marine’s continued execution of its post-acquisition optimization strategy for Nautical Ventures, which focuses on streamlining operations, improving capital efficiency, and aligning its physical footprint with higher-performing locations and scalable waterfront operations.
**Establishing a Scalable Waterfront Operations Hub**
As previously announced, Vision Marine has secured—through a long-term lease agreement—a flagship waterfront marina in Fort Lauderdale, the Anglers Avenue Marine Center, which is intended to serve as a central showroom and operational hub for Nautical Ventures. The marina spans approximately 10 acres and comprises 115 wet slips, enabling the consolidation of multiple operational functions into a single, high-capacity waterfront location.
Historically, the marina asset generated approximately $3.2 million in annual revenue through limited storage and service activities. However, based on recent operational activity, management estimates that the marina is currently operating at an annualized revenue run rate of approximately $5.5 million to $6.0 million. These estimates are based on internal management assumptions and recent operational activity, and are subject to seasonal trends, customer demand, economic conditions, and other factors. There can be no guarantee that such a run rate will be achieved or sustained. Management believes that the location provides a solid foundation for expanded service operations, revenue from storage, on-the-water customer engagement, and operational consolidation.
"This transaction is expected to unlock significant, non-dilutive liquidity while further streamlining our operational footprint," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "We are confident that the combination of lower fixed costs, a centralized marina operations hub, and the continued integration of Nautical Ventures positions the Company to operate more efficiently while maintaining our market presence throughout Florida."
The Company expects that any liquidity benefits resulting from the transaction will, upon closing, be utilized for general corporate purposes, working capital, debt reduction, and the continued execution of its integration and optimization strategy for Nautical Ventures....will support it. The allocation of proceeds may change depending on the Company’s evolving business needs and market conditions. The transaction is expected to further strengthen the Company’s balance sheet and financial flexibility as management continues to execute its operational optimization strategy.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws and within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, without limitation, statements regarding the anticipated completion and timing of the planned transaction involving the property located at 1400 South Federal Highway in Fort Lauderdale, Florida; the expected economic, liquidity, and operational benefits to Vision Marine in connection with the transaction; anticipated reductions in operating costs; anticipated operational efficiencies; anticipated revenue opportunities for the marina; as well as the Company’s plans for the continued integration and optimization of its marine-related ventures. Furthermore, the Company is not the direct seller of the property involved in the proposed transaction, and any anticipated economic benefits to the Company are contingent upon contractual arrangements, obligations of related parties, transaction structure considerations, and other factors that may differ from management’s current expectations. Forward-looking statements are typically characterized by words such as "expects," "believes," "plans," "intends," "may," "will," "could," "possible," "continue," "estimate," and similar expressions, although not all forward-looking statements contain these identifying terms.
These forward-looking statements are based on management's current expectations, assumptions, and beliefs and are subject to a number of known and unknown risks, uncertainties, and other factors that could cause actual results, performance, or achievements to differ materially from those expressed or implied in such forward-looking statements. Such risks and uncertainties include, without limitation: the risk that the proposed transaction may not be completed within the expected timeframe or at all; the risk that closing conditions are not met; the possibility that the Company does not realize the expected benefits of the transaction, including expected liquidity improvements, cost savings, operational efficiencies, or financial flexibility; risks related to the operation and monetization of the marina asset; the Company's ability to continue as a going concern; the Company's ability to obtain additional financing and ensure sufficient liquidity; the Company's reliance on floorplan and other financing arrangements; the Company's ability to achieve and maintain profitability; risks related to the integration and implementation of the Nautical Ventures business; general economic, market, and industry conditions; fluctuations in consumer demand in the recreational boating industry; supply chain disruptions; inflationary pressures; and tariff and trade policy uncertainties. and the other risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission ("SEC") and Canadian securities regulators on SEDAR+.
There can be no assurance that the proposed transaction will be completed on the expected terms or at all, or that the anticipated benefits described herein will be realized. Forward-looking statements are intended to assist readers in understanding management’s current expectations and plans and may not be suitable for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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US Market News
1月前
Vision Marine Technologies Renews and Expands Floor Plan Credit Facility to Support Inventory Deployment Across Nautical Ventures PlatformMay 6, 2026 5:30 AM
PR Newswire (US) Retail Execution / Financing InfrastructureFORT LAUDERDALE, Fla., May 6, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and recreational boating solutions, today announced that, through its wholly owned subsidiary, Nautical Ventures Group Inc. ("Nautical Ventures"), it has entered into a renewed and expanded Floorplan Loan and Security Agreement providing up to US$4.0 million in revolving inventory financing capacity with Centennial Bank, through its Shore Premier Finance division. The facility provides a structured inventory financing framework designed to support the Company's ongoing Commercial Execution Plan, enabling the positioning of inventory in alignment with demand across its Florida-based retail operations. The revolving structure allows for financing of new, pre-sold and other eligible inventory while maintaining a disciplined approach to liquidity and capital allocation.The agreement builds on an existing lending relationship and includes a customary collateral structure secured by inventory and related assets.This development follows recent operational initiatives across the Nautical Ventures platform, during which the Company focused on reducing financing exposure and streamlining inventory with the objective of improving capital efficiency. These actions were undertaken to align operations with market conditions and to support more disciplined execution.With these measures in place, Vision Marine is entering the next phase of its execution strategy, focused on deploying inventory in alignment with demand signals to support improved sales conversion, turnover, and operating efficiency across its platform."Shore Premier Finance is pleased to support this credit facility," said Scott Walter, Senior Vice President of Shore Premier Finance. "Our team values this partnership with Vision Marine and Nautical Ventures and looks forward to supporting their continued growth.""This facility supports the next phase of our execution," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "Following a period of operational alignment and balance sheet optimization, we are now focused on deploying inventory with greater precision across our network. Our objective is to improve turnover, support product availability in key categories, and align inventory with demand as we continue to execute on our platform strategy."The Company believes this financing structure is expected to enhance its ability to operate within a vertically integrated model, connecting product sourcing, retail distribution, and customer delivery within a unified framework.The facility is subject to customary terms and conditions, including standard financial covenants.At-the-Market Equity Program
The Company has an at-the-market equity program (the "ATM Program") in place pursuant to its effective shelf registration statement on Form F-3. As of the date hereof, the Company has issued an aggregate of 1,576,294 common shares under the ATM Program at a weighted average price of US$1.66 per share, for gross proceeds of US$2,610,862.48, and net proceeds of US$2,495,853.61, after deducting placement agent commissions and transaction costs of US$115,008.87. The ATM Program remains subject to applicable regulatory requirements and market conditions. The ATM Program is being conducted pursuant to a prospectus supplement to the Company's effective shelf registration statement on Form F-3 providing for aggregate gross proceeds of up to US$16,335,000. The Company will continue to disclose ATM activity in accordance with TSX Venture Exchange Policy 4.2 and applicable securities laws.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology company and retail group delivering premium boating experiences across internal combustion and electric segments. Through its proprietary E-Motion™ high-voltage propulsion platform and its Nautical Ventures retail network, Vision Marine delivers integrated solutions spanning propulsion, retail, service, and on-water consumer engagement.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Canadian securities laws and within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. Forward-looking statements in this press release include, without limitation, statements regarding the Company's expectations concerning the anticipated benefits of the floor plan financing facility and its execution strategy. Forward-looking statements can often be identified by such words as "expects", "plans", "believes", "intends", "continue", "potential", "remains", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements, including, but not limited to: the Company's ability to continue as a going concern; the Company's ability to replace lost revenue streams; the presence of a material weakness in internal controls over financial reporting; the Company's dependence on floor plan financing and compliance with financing covenants; the Company's ability to achieve and maintain profitability; general economic conditions affecting the recreational boating industry; supply chain disruptions; and tariff and trade policy uncertainties. Vision Marine's Annual Report on Form 20-F, as amended, for the year ended August 31, 2025, and its periodic filings with the SEC and on SEDAR+ provide a detailed discussion of these risks and uncertainties. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the various securities commissions which are available online at www.sec.gov and www.sedarplus.ca. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs, and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-renews-and-expands-floor-plan-credit-facility-to-support-inventory-deployment-across-nautical-ventures-platform-302763567.htmlSOURCE Vision Marine Technologies, Inc Original: Vision Marine Technologies Renews and Expands Floor Plan Credit Facility to Support Inventory Deployment Across Nautical Ventures Platform
US Market News
2月前
Vision Marine Technologies Secures Conditional TSX Venture Exchange Listing Approval, Expanding Capital Markets Access for Its Marine Technology PlatformApril 27, 2026 7:30 AM
PR Newswire (US)
Capital Markets Strategy / Technology Platform ExpansionBOISBRIAND, QC, April 27, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a company developing high-voltage electric marine propulsion systems and operating a growing recreational boating platform, today announced that it has received conditional approval to list its common shares on the TSX Venture Exchange ("TSXV"), further expanding its capital markets presence across North America.
Vision Marine is currently working with the TSXV to complete the final steps of the listing process, including confirming the date on which trading will commence. The Company will issue a subsequent announcement once the commencement of trading has been finalized. The TSXV listing is expected to complement Vision Marine's existing Nasdaq listing, which will remain the Company's primary trading venue. The Company believes that this additional listing enhances its ability to engage with Canadian investors and institutions, while strengthening its overall capital markets platform.The TSXV listing supports increased visibility of Vision Marine's technology platform within the Canadian investment community, particularly among investors focused on innovation-driven and growth-stage companies. The Company believes that this additional listing further aligns its capital markets strategy with the continued commercialization and deployment of its proprietary E-Motion™ electric propulsion systems."As we continue to advance our operational and financial structure, expanding our capital markets access represents a disciplined step in strengthening the Company's platform," said Raffi Sossoyan, Chief Financial Officer of Vision Marine. "This additional listing broadens our investor reach while supporting greater visibility for our technology and commercial initiatives across North America."Vision Marine continues to execute on its integrated business model, combining proprietary high-voltage electric propulsion technology with a growing retail and service platform following its acquisition of Nautical Ventures Group Inc. ("Nautical Ventures"). The Company believes that expanding its capital markets access supports the continued deployment and scaling of its technology across multiple boating segments. This alignment between capital markets strategy and operational execution has been a consistent focus of Vision Marine's post-acquisition development and platform expansion.At-the-Market Equity Program
The Company has an at-the-market equity program (the "ATM Program") in place pursuant to its effective shelf registration statement on Form F-3. As of the date hereof, the Company has issued an aggregate of 975,333 common shares under the ATM Program at a weighted average price of US$2.03 per share, for gross proceeds of US$1,983,450.32, and net proceeds of US$1,887,263.81, after deducting placement agent commissions and transaction costs of US$96,186.51. The ATM Program remains subject to applicable regulatory requirements and market conditions. The ATM Program is being conducted pursuant to a prospectus supplement providing for aggregate gross proceeds of up to US$16,335,000.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine technology company and retail group delivering premium boating experiences across internal combustion and electric segments. Through its proprietary E-Motion™ high-voltage propulsion platform and its Nautical Ventures retail network, Vision Marine delivers integrated solutions spanning propulsion, retail, service, and on-water consumer engagement.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Canadian securities laws and within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. Forward-looking statements in this press release include, without limitation, statements regarding the Company's expectations concerning the anticipated benefits of the TSXV listing. Forward-looking statements can often be identified by such words as "expects", "plans", "believes", "intends", "continue", "potential", "remains", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements, including, but not limited to: the Company's ability to continue as a going concern; the Company's ability to replace lost revenue streams; the presence of a material weakness in internal controls over financial reporting; the Company's dependence on floor plan financing and compliance with financing covenants; the Company's ability to achieve and maintain profitability; general economic conditions affecting the recreational boating industry; supply chain disruptions; and tariff and trade policy uncertainties. Vision Marine's Annual Report on Form 20-F, as amended, for the year ended August 31, 2025, and its periodic filings with the SEC and on SEDAR+ provide a detailed discussion of these risks and uncertainties. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the various securities commissions which are available online at www.sec.gov and www.sedarplus.ca. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs, and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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Original: Vision Marine Technologies Secures Conditional TSX Venture Exchange Listing Approval, Expanding Capital Markets Access for Its Marine Technology Platform
US Market News
2月前
Vision Marine Technologies Accelerates Operational Transformation with NVG Segment Near EBITDA Breakeven and Significant Balance Sheet ImprovementsApril 15, 2026 6:00 AM
PR Newswire (US)
MONTREAL, April 15, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and a vertically integrated marine retail platform, yesterday reported financial results for the three-month and six-month periods ended February 28, 2026, highlighting rapid execution and significant operational improvements across its Nautical Ventures Group Inc. ("NVG") platform.
Since the acquisition of NVG on June 20, 2025, the Company has delivered substantial improvements in working capital efficiency, leverage reduction, and operating performance, positioning NVG near EBITDA breakeven within less than one year of integration.Key Achievements at NVG Segment Since AcquisitionInventory reduced by over $10.6 million (from $35.1M to $24.5M)Floor plan financing reduced by $23.8 million (from $42.0M to $18.2M)NVG EBITDA loss reduced by 99%, from $235,477 in Q1 2026 to $2,760 in Q2 2026Real estate footprint optimized from 6 to 4 properties$3.8 million cash generated from real estate monetization initiatives with additional cost savings expected from footprint rationalizationFurther monetization underway, with two additional properties targeted for sale over the remainder of the current fiscal yearThese results reflect disciplined execution of a focused integration strategy centered on liquidity, inventory optimization, and operational efficiency.Second Quarter Highlights(All comparisons are to the immediately preceding quarter ended November 30, 2025, given that the prior year equivalent period excluded the NVG Segment. Year-over-year comparisons are presented in the Company's Management Discussion and Analysis for the three-month and six-month periods ended February 28, 2026, filed with the U.S. Securities and Exchange Commission on a report on Form 6-K on April 14, 2026. See Non-GAAP Financial Measure section below for reconciliation of EBITDA loss)Revenue: $14,531,484Gross Profit: $4,397,468 (30% margin, up from 27% margin)Net Loss: $1,864,924 (improved by 56.8%)EBITDA Loss: $2,140,022, (improved by 9.0% improvement compared to $2,350,718 in Q1)NVG Segment EBITDA: Near breakevenOperational MomentumThe Company continues to demonstrate strong operating leverage, driven by:Improved inventory turns and purchasing disciplineReduction in financing burden through aggressive deleveragingExpansion of higher-margin product mixStrategic partnerships with OEMs including Yamaha and Twin VeeManagement CommentaryAlexandre Mongeon, Chief Executive Officer, commented:
"The transformation of NVG has been both rapid and measurable. In less than a year, we have significantly reduced inventory, deleveraged the balance sheet, and brought the segment to near EBITDA breakeven. This validates our operating model and positions us for continued performance improvement."Raffi Sossoyan, Chief Financial Officer, added:
"The scale of working capital improvements since acquisition is substantial. We have reduced inventory and floor plan exposure while generating cash through asset optimization. These actions materially strengthen our financial foundation and support our path toward sustained profitability."Balance Sheet & LiquidityAs at February 28, 2026, Vision Marine reported:Cash: $4.1 millionWorking capital surplus: $10.0 millionTotal assets: $58.6 millionDuring the six-month period ended February 28, 2026, the Company:$9.3 million raised in equity financing$3.8 million generated from real estate monetization$14.5 million reduction in floor plan financingOutlookVision Marine is focused on:Transitioning NVG to sustained EBITDA-positive operationsContinuing inventory and leverage reductionExecuting additional real estate monetization initiativesExpanding higher-margin sales and service offeringsNon-GAAP Financial MeasureEarnings before interest, taxes, depreciation and amortization ("EBITDA") is a non-GAAP financial measure and does not have a standardized meaning under IFRS. As a result, EBITDA may not be comparable to similarly titled measures presented by other companies. Management cautions that EBITDA is a supplemental measure to assess operating performance by excluding non-cash and financing-related items. A reconciliation of EBITDA loss to Net loss before taxes, the most directly comparable IFRS measure, is provided below:For the three-month period ended:February 28, 2026
November 30, 2025
VM
SegmentNVG
SegmentTOTAL
VM
SegmentNVG
SegmentTOTAL
$$$
$$$
Net loss before taxes(434,278)(1,439,643)(1,873,921)
(2,352,121)(1,969,486)(2,590,133)Adjustments for:
Depreciation and amortization103,233762,940866,173
102,587673,92983,883Share-based compensation22,832-22,832
21,279-10,089Net finance expense (income)(1,829,049)673,943(1,155,106)
113,0141,060,080(480,335)
EBITDA loss(2,137,262)(2,760)(2,140,022)
(2,115,241)(235,477)(2,976,496)About Vision Marine Technologies, Inc. Vision Marine Technologies (NASDAQ: VMAR) is a marine technology and retail group delivering premium boating experiences across internal combustion and electric segments. Through its E-Motion™ high-voltage propulsion platform and its Nautical Ventures retail network, Vision Marine delivers integrated solutions spanning propulsion, retail, service, and on-water consumer engagement.Forward Looking StatementsThis press release contains forward-looking statements within the meaning of the Canadian securities laws and within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. Forward-looking statements in this press release include, without limitation, statements regarding the Company's expectations concerning future revenues and profitability, the NVG segment approaching EBITDA profitability, the anticipated benefits of new partnerships and brand additions, the commercial readiness of the SPECTR 26, the ability to generate operating leverage and sustained cash flow, and the Company's liquidity and financing plans. Forward-looking statements can often be identified by such words as "expects", "plans", "believes", "intends", "continue", "potential", "remains", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements, including, but not limited to: the Company's ability to continue as a going concern; the Company's ability to replace lost revenue streams; the presence of a material weakness in internal controls over financial reporting; the Company's dependence on floor plan financing and compliance with financing covenants; the Company's ability to achieve and maintain profitability; general economic conditions affecting the recreational boating industry; supply chain disruptions; and tariff and trade policy uncertainties. Vision Marine's Annual Report on Form 20-F, as amended, for the year ended August 31, 2025, and its periodic filings with the SEC and on SEDAR+ provide a detailed discussion of these risks and uncertainties. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the various securities commissions which are available online at www.sec.gov and www.sedarplus.ca. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs, and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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Original: Vision Marine Technologies Accelerates Operational Transformation with NVG Segment Near EBITDA Breakeven and Significant Balance Sheet Improvements
US Market News
2月前
Vision Marine Technologies Activates AI-Enabled Retail Platform to Enhance Sales Execution Across Nautical Ventures NetworkApril 14, 2026 5:00 AM
PR Newswire (US)
Retail Execution / Digital Infrastructure and AI IntegrationFORT LAUDERDALE, Fla., April 14, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion and recreational boating solutions, today announced the activation and ongoing rollout of an AI-enabled customer engagement and sales management platform across its subsidiary, Nautical Ventures Group.
The platform is being implemented across Nautical Ventures' eight retail locations in Florida to improve lead conversion, reduce response times, and enhance visibility into high-value sales activity.Currently in use with core functionalities supporting lead capture, deal tracking, and integrated marketing channels, the system is designed to centralize customer data and support more structured handling of inbound demand across the Company's dealership network.As implementation progresses, the platform is expected to improve sales throughput by enabling more efficient prioritization of customer inquiries, more consistent follow-up across the sales cycle, and improved coordination between marketing, sales, and service teams. The system also introduces enhanced visibility into pipeline activity and customer behaviour, supporting more informed decision-making and improved inventory planning across locations.Vision Marine is deploying this platform as Nautical Ventures continues to expand its retail footprint and product offering, with the objective of supporting increased sales volume without proportionally increasing operational complexity."This is about improving how we execute across a growing retail network," said Alexandre Mongeon, Chief Executive Officer and Co-Founder of Vision Marine. "By integrating marketing, sales, and service into a unified system, we are strengthening how we capture demand, manage our pipeline, and convert high-value transactions across Nautical Ventures."Additional capabilities, including expanded automation and AI-supported tools, are under development and expected to be introduced progressively as the platform continues to evolve.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR) is building a scalable, multi-channel marine platform that combines proprietary electric propulsion systems with an established retail dealership network. Following its acquisition of Nautical Ventures, Vision Marine operates across nine Florida locations while continuing to expand commercial and consumer access to both electric and internal combustion marine platforms. The Company maintains a growing intellectual property portfolio supporting its high-voltage marine propulsion architecture and integrated marine strategy.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the implementation, rollout, and expected impact of the Company's AI-enabled platform, including potential improvements in sales execution, lead conversion, and operational efficiency. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Vision Marine undertakes no obligation to update these statements except as required by law.
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Original: Vision Marine Technologies Activates AI-Enabled Retail Platform to Enhance Sales Execution Across Nautical Ventures Network
US Market News
2月前
Vision Marine Technologies Expands Commercial Operator Channel with Initial Hospitality Fleet Deployment in MichiganApril 7, 2026 7:30 AM
PR Newswire (US)
Commercial Platform ExpansionMONTREAL, April 7, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a vertically integrated marine company combining proprietary electric propulsion technology with a multi-location retail network, today announced the sale of an initial four Fantail 217 electric boats to Keweenaw Waters Resort, a waterfront hospitality destination located on the Keweenaw Peninsula along Lake Superior in Michigan.
While the initial deployment consists of four units, the transaction reflects a broader commercial expansion strategy focused on supplying hospitality operators, resorts, and fleet managers in addition to traditional retail consumers. The Fantail boats will be integrated into the resort's guest rental program, serving as a reference deployment for Vision Marine's growing B2B channel.Vision Marine's electric platforms are engineered not only for private ownership but also for recurring-use commercial environments. Fantail 217 and Volt 180 models are designed for operational simplicity, with fewer mechanical wear components, modular replaceable parts, and accessible service architecture. Charging can be performed using standard shore power infrastructure, supporting predictable fleet rotation and reducing maintenance complexity compared to conventional combustion fleets.The Company's internal rental operations, which have delivered more than 75,000 rides to date, have directly informed product development for commercial applications. High-frequency usage data has shaped engineering decisions around durability, simplified helm operation, rapid turnaround charging, and ease of servicing.Alexandre Mongeon, Chief Executive Officer of Vision Marine, stated: "Our commercial strategy extends beyond consumer retail. We design boats with operators in mind platforms that are simple to operate, simple to charge, and simple to maintain. Hospitality deployments such as Keweenaw Waters Resort demonstrate that electric boating is not limited to early adopters; it is an operationally viable solution for professional fleet environments."Leander Somero, Co-Founder of Waters Resort, commented: "We selected Vision Marine's Fantail platform because it aligns with both our guest experience and operational requirements. The boats are intuitive for visitors and straightforward for our team to manage, which is essential in a seasonal hospitality setting."The deployment underscores Vision Marine's broader commercial opportunity across multiple electric product categories. In addition to Fantail 217 and Volt 180 leisure platforms, the Company's E-Motion™ high-voltage propulsion systems currently integrated across more than 24 recreational boat platforms are positioned for commercial applications including rental fleets, waterfront communities, clubs, and managed marinas. Future electric models, including performance-oriented platforms, are expected to further support this expanding B2B channel.By combining proven rental experience, proprietary propulsion technology, and an expanding retail and service infrastructure, Vision Marine continues to build a scalable commercial platform capable of addressing both consumer and operator-driven demand across North America.About Keweenaw Waters Resort
Keweenaw Waters Resort is a waterfront hospitality destination located on the Keweenaw Peninsula in Michigan, offering marina access, lodging accommodations, and recreational boating experiences along the shores of Lake Superior.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is building a scalable, multi-channel marine platform that combines proprietary electric propulsion systems with an established retail dealership network. Following its acquisition of Nautical Ventures, Vision Marine operates across nine Florida locations while continuing to expand commercial and consumer access to both electric and internal combustion marine platforms. The Company maintains a growing intellectual property portfolio supporting its high-voltage marine propulsion architecture and integrated marine strategy.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding commercial channel expansion, future B2B deployments, product scalability, anticipated market adoption, and strategic growth initiatives. These statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including market conditions, customer adoption rates, operational execution, competitive factors, and regulatory developments. Vision Marine undertakes no obligation to update forward-looking statements except as required by applicable law.
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Original: Vision Marine Technologies Expands Commercial Operator Channel with Initial Hospitality Fleet Deployment in Michigan
US Market News
3月前
Vision Marine Technologies and Nautical Ventures Secure Exclusive Twin Vee Territory in Broward County and Introduce Signature Adventure V EditionMarch 30, 2026 5:00 AM
PR Newswire (US)
Brand Portfolio Expansion and Retail ExecutionFORT LAUDERDALE, Fla., March 30, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and a vertically integrated marine retail platform, today announced that its subsidiary, Nautical Ventures Group, has entered into a strategic dealership agreement with Twin Vee PowerCats Co. (NASDAQ: VEEE) ("Twin Vee"), securing exclusive distribution rights for Broward County, Florida.
Twin Vee brings established manufacturing scale to the partnership, with a product lineup spanning 12 models ranging from 22 to 40 feet and production capacity of over 700 boats annually. To date, the company has produced nearly 10,000 boats, supporting its ability to supply inventory in alignment with retail demand across high-activity markets.The agreement grants Nautical Ventures sole rights to sell and distribute Twin Vee products within a defined territory reserved for its dealership network, reinforcing a structured approach to market coverage, pricing discipline, and inventory allocation in one of the most active boating regions in the United States.Nautical Ventures is recognized as one of the most accomplished dealership networks in the United States within the adventure boat segment, with demonstrated ability to execute across high-demand performance boating categories and deliver products efficiently to market.The South Florida region, including Broward County, represents one of the highest concentrations of registered recreational vessels in the United States, supporting sustained retail demand and positioning the territory as a strategic market for boat sales, service, and customer engagement.Initial inventory deliveries are anticipated within the coming weeks, supporting near-term retail execution across Nautical Ventures' South Florida operations.Territorial exclusivity, combined with the geographic proximity of both organizations in Florida, is expected to support improved inventory turnover and capital efficiency by aligning product supply with localized demand and reducing intra-market competition within the dealership network. This structure enables more coordinated deployment of inventory, improved delivery timelines, and a consistent retail experience across high-traffic locations.In connection with this agreement, Vision Marine and Nautical Ventures are collaborating with Twin Vee on the development of two custom "Adventure Edition" models, designed specifically for distribution through Nautical Ventures' network. These exclusive models are expected to be based on Twin Vee power catamaran platforms and tailored to meet evolving customer expectations in the adventure boating segment.One of these models, the 34 foot, 340 GFX-2 V Edition, features a distinctive design profile combined with the performance, stability, and efficiency characteristics of Twin Vee's power catamaran platform, tailored to meet the evolving expectations of customers in the premium adventure boating segment.The platforms are expected to be offered in internal combustion configurations, with electric propulsion planned for specific platforms, including integration with Vision Marine's E-Motion™ system, subject to final development and production planning.These exclusive offerings are expected to be available solely through Nautical Ventures within its designated territory, reinforcing the value of its dealership network and territorial rights strategy while supporting product differentiation within a competitive segment."This agreement reflects our continued focus on structuring our retail operations around exclusive territories and high-quality product offerings," said Alexandre Mongeon, Chief Executive Officer of Vision Marine Technologies. "In markets like South Florida, territorial control supports disciplined execution, more efficient inventory deployment, and improved alignment between supply and demand. We also see continued customer interest in the adventure catamaran segment, and Twin Vee's platform aligns well with this category."Joseph Visconti, Chief Executive Officer of Twin Vee PowerCats Co., added: "Nautical Ventures has established itself as a highly capable dealership network in one of the most important boating markets in the United States. This exclusive agreement in Broward County aligns with our strategy of working with partners that can represent our brand with consistency and operational discipline."As two NASDAQ-listed companies operating within complementary segments of the marine industry, Vision Marine and Twin Vee share a focus on structured growth, operational discipline, and targeted market expansion. This agreement reflects a coordinated approach to scaling distribution through defined territories and aligned execution.This announcement forms part of Vision Marine's broader strategy to expand its multi-brand retail platform, enhance product availability in high-demand markets, and support scalable growth through a combination of proprietary technology integration and structured dealership operations.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a company specializing in high-voltage marine propulsion systems and a vertically integrated marine retail platform. Through its ownership of Nautical Ventures Group, the Company operates a network of dealership, service, and marina locations across Florida, offering a wide range of recreational boating products and services.About Nautical Ventures Group
Nautical Ventures is a Florida-based boat dealership and service provider with multiple locations, operating within defined territorial rights across key markets. The company offers new and pre-owned boat sales, marina services, financing, and on-water experiences, representing a portfolio of recognized marine brands.About Twin Vee PowerCats Co.
Twin Vee PowerCats Co. (NASDAQ: VEEE) is a manufacturer of power catamaran boats designed for stability, efficiency, and offshore performance, serving both recreational and commercial boating applications.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding anticipated product offerings, delivery timelines, market expansion, inventory turnover, and strategic initiatives. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Factors that may affect such results include market conditions, customer demand, production timelines, regulatory considerations, and other risks described in the Company's filings with the Securities and Exchange Commission. Vision Marine undertakes no obligation to update these forward-looking statements except as required by law.
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Original: Vision Marine Technologies and Nautical Ventures Secure Exclusive Twin Vee Territory in Broward County and Introduce Signature Adventure V Edition
US Market News
3月前
Vision Marine Technologies Reports Strong Commercial Demand Driving 2026 Production CommitmentsMarch 26, 2026 9:30 AM
PR Newswire (US)
Commercial Platform ExpansionMONTREAL, March 26, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a marine technology company and vertically integrated multi-brand boat retail platform, today provided an update on growing commercial demand for electric boats, highlighting its impact on 2026 production commitments and broader market development.
As of March 2026, the Company reports that its 2026 electric boat production is substantially committed based on current commercial and retail agreements, providing early-year visibility on production planning, with commercial fleet operators representing a significant portion of this allocation.Over the past twelve months, Vision Marine has seen increasing commercial activity from operators across multiple locations including Florida, California (Ventura and Newport Beach), Virginia, Michigan, and international markets such as Melbourne, Australia. These deployments include initial integrations into commercial fleet platforms, expanding multi-unit rollouts, and ongoing fleet renewal cycles, indicating a shift toward recurring procurement within the commercial segment.The renewal of existing commercial fleet platforms, the expansion of established operators, and the onboarding of new operators in additional markets are increasingly contributing to demand, reflecting a constructive indicator of growing adoption of electric boating for commercial use.Commercial operators are adopting electric boats based on operational considerations including simplified maintenance, improved uptime, and ease of use in high-utilization environments. As commercial fleet platforms expand and renew, these operators contribute to recurring demand while also providing increasing on-water exposure of electric boating across multiple markets, which may support broader consumer awareness and future adoption. Vision Marine's experience in operating electric rental fleets, in California, with tens of thousands of completed rentals, supports this adoption cycle and provides operational validation of electric propulsion in commercial settings."Commercial deployment is becoming a meaningful driver of adoption," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "Operators are integrating electric boats into their fleets, and through that usage, customers are experiencing firsthand the simplicity, reliability, and accessibility that electric boating can offer."In parallel, the Company's integration of Nautical Ventures has expanded its retail and service presence across Florida, providing increased exposure through its dealership network and serving as a platform for broader market access across both the eastern and western United States. This expanded distribution capability supports both commercial fleet customers and consumer demand.Vision Marine believes that commercial fleet platform adoption, combined with its expanding retail infrastructure, supports continued market development and contributes to increased visibility and accessibility of electric boating solutions.As part of this ecosystem, Vision Marine has developed its E-Motion™ 180E high-voltage electric propulsion system alongside a growing expertise in multi-platform boat integration. The availability of 180E-powered boats, including pontoon models, enables commercial operators to access higher-performance electric vessels suited for revenue-generating applications, supporting both fleet deployment and the Company's ability to fulfil committed production.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine technology company and vertically integrated platform offering premium boating experiences across both electric and internal combustion segments. Through its proprietary E-Motion™ electric propulsion systems and its multi-brand dealership network, Nautical Ventures, Vision Marine provides end-to-end solutions including sales, service, financing, and on-water experiences.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding production commitments, commercial demand, market adoption trends, and the Company's strategic positioning. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Vision Marine undertakes no obligation to update such statements except as required by applicable law.
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Original: Vision Marine Technologies Reports Strong Commercial Demand Driving 2026 Production Commitments
US Market News
3月前
Nautical Ventures Adds AIATA Boat Brand to Its Product PortfolioMarch 23, 2026 6:30 AM
PR Newswire (US)
Brand Portfolio ExpansionFORT LAUDERDALE, Fla., March 23, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a marine technology and boating company offering premium on-water experiences across both electric and internal combustion segments, today announced that its Florida-based dealership network, Nautical Ventures Group ("Nautical Ventures"), has entered into a distributorship agreement to represent AIATA boats across the State of Florida.
The agreement establishes Nautical Ventures as the exclusive distributor for AIATA in Florida, bringing the AIATA boat brand into the largest recreational boating market in the world. With more than one million registered vessels and a strong concentration of experienced owners and offshore cruising activity, Florida represents one of the most influential markets globally for premium recreational boats and remains a key gateway for manufacturers entering the U.S. recreational boating market.The addition of AIATA further expands the company's portfolio of premium manufacturers while reinforcing its role as a strategic launch platform for international boat builders entering the Florida market.AIATA is developed by Anadolu Motor, part of Anadolu Group, a diversified international group with operations in 20 countries, more than 80 companies, approximately 100 production facilities, and more than 100,000 employees worldwide. According to Anadolu Group, the organization reported 2024 turnover of TRY 563.8 billion (approximately USD $18 billion) and assets of TRY 543.7 billion (approximately USD $17 billion), reflecting the scale of the industrial group supporting the development of the AIATA boat brand.The initial models expected to enter the Florida market include the Wayfinder 38, the Sunfinder 38, and the Sunfinder 50, placing the brand within the 35- to 50-foot segment, widely viewed as the "step-up" category where many experienced owners transition from day boats to extended cruising vessels.AIATA approaches the adventure segment with a design philosophy centered on extending the time owners can spend on the water. Thoughtful layouts, generous onboard volume, and accommodations designed for multi-day use support a more immersive and comfortable boating experience.Supporting this extended-use approach, the boats are engineered with strong structural integrity and carefully selected materials. Craftsmanship and construction quality become essential when vessels are intended to perform consistently over longer periods on the water.Alexandre Mongeon, Chief Executive Officer of Vision Marine, commented:
Expanding Nautical Ventures' portfolio with manufacturers that bring a distinct philosophy and strong engineering to the market remains a cornerstone of our strategy. With 30 years of boating leadership and my two-speed world record, we are accelerating our conviction that premium, technologically advanced solutions should be accessible through our expanding retail and service network. By introducing emerging premium brands through our Florida footprint, we broaden the range of boating experiences available to customers while strengthening the long-term growth and resilience of our platform. In partnership with AIATA, a $2 billion market-cap company providing substantial financial strength, Vision Marine is positioned to redefine sophistication on the water and establish the next generation of top-tier boats that captivate the world."Erol Termiyeci, Sales Manager U.S. for AIATA Boats, commented:
"Florida represents one of the most dynamic boating markets in the world and an ideal environment to introduce the AIATA brand. Through our partnership with Nautical Ventures, we are bringing a new approach to the adventure boating segment—one focused on extended time on the water, thoughtful onboard living spaces, and strong build quality. We believe the Florida market will respond well to boats designed not only for performance, but for owners who want to enjoy more meaningful time aboard."About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine technology and boating company offering premium on-water experiences across electric and internal combustion segments. Through its Nautical Ventures Group subsidiary, the Company operates a multi-location retail, marina, and service network across Florida. Vision Marine also designs and develops the E-Motion™ electric propulsion platform, a high-powered electric marine propulsion system engineered specifically for marine applications.About Anadolu Motor
Anadolu Motor is part of Anadolu Group, a diversified international conglomerate active across multiple industries including automotive, energy, agriculture, retail, and industrial manufacturing. Anadolu Group operates in 20 countries and includes more than 80 companies, approximately 100 production facilities, and more than 100,000 employees worldwide. Anadolu Motor brings decades of engineering and manufacturing experience to the development of the AIATA boat brand.Forward-Looking Statements
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding anticipated product introductions, brand expansion, market opportunities, and future business strategies. Forward-looking statements are based on management's current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied.Vision Marine undertakes no obligation to update forward-looking statements except as required by applicable law.
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Original: Nautical Ventures Adds AIATA Boat Brand to Its Product Portfolio
US Market News
3月前
Vision Marine Technologies Positions for Scalable Electric Adoption Through Dominant Pontoon Segment; Introduces SPECTR 26 Flagship PlatformMarch 11, 2026 11:54 AM
PR Newswire (US)
Corporate Updates and StrategyMONTREAL, March 11, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion and multi brand boat retail operations, today detailed its strategic focus on the North American pontoon segment, one of the most commercially significant categories in recreational boating.
According to industry reporting based on data published by the National Marine Manufacturers Association, pontoon boats are estimated to have achieved 52,000 to 55,000 new unit sales in the United States in 20241. NMMA further reports that pontoons captured the largest share of new outboard powered boat sales, representing more than one third of total outboard units2. These figures position the category as one of the leading volume segments within recreational boating3.1Source: https://boatingindustry.com/news/2025/01/14/nmma-shares-2024-u-s-b oat-sales-stats/)
2(Source: https://www.nmma.org/press/article/25223)
3(Source: https://www.nmma.org/statistics).For Vision Marine, prioritizing this segment reflects deliberate engineering and market decision rooted in long term scalability.Vision Marine's leadership and engineering teams are lifelong boaters. From the outset of industrializing its propulsion technology, the pontoon platform was selected as the first integration category for its high powered 180HP electric outboard system, the E Motion 180E model. Stability, predictable cruising profiles, multi passenger load distribution and dockside charging compatibility align directly with real world boating behavior.Recent commercial activity supports this platform logic. Vision Marine's two most recent 180HP electric 180E equipped deliveries were pontoon platforms, reinforcing management's view that scalable electric adoption begins in high volume segments with established consumer demand.Building on this foundation, Vision Marine introduced SPECTR 26, its flagship 26-foot 6-inch electric tritoon powered by the high powered 180HP electric 180E outboard.SPECTR 26 was engineered to elevate expectations within the pontoon category. The platform integrates 180 horsepower electric performance and shore power charging compatibility for ease of use, allowing seamless dockside recharging. It features a proprietary tritoon hull architecture designed by Vision Marine, combining a structurally reinforced fiberglass deck with durable 25-inch aluminum tubes engineered for stability and confident handling in turns and moderate chop. Integrated lifting foils and Hydrofin-assisted hydrodynamic optimization enhance efficiency, stability, and planning performance, delivering a premium electric pontoon platform built for real-world recreational boating.Alexandre Mongeon, Chief Executive Officer of Vision Marine Technologies, stated, "The pontoon segment represents one of the strongest foundations in recreational boating because it combines volume and repeat usage. As boaters first, we engineered our 180HP electric system around where the market already exists. SPECTR 26 reflects our commitment to delivering a high powered electric solution that performs at the level boaters expect while elevating the premium standard in this segment."Additional information regarding the SPECTR 26 flagship platform can be found at https://visionmarinetechnologies.com/spectr26/.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is building a scalable marine platform combining proprietary high-voltage electric propulsion systems with a multi-location boat dealership and service network. Through its E-Motion™ propulsion technology and ownership of Nautical Ventures, an award-winning Florida-based retailer, Vision Marine delivers integrated marine solutions across both electric and internal combustion segments.For more information, visit:
https://investors.visionmarinetechnologies.comForward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding intellectual property protection, technology scalability, OEM integrations, and long-term strategic positioning. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Vision Marine undertakes no obligation to update forward-looking statements except as required by law.
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Original: Vision Marine Technologies Positions for Scalable Electric Adoption Through Dominant Pontoon Segment; Introduces SPECTR 26 Flagship Platform
US Market News
3月前
Vision Marine Technologies Introduces 6-Year Limited Powertrain Warranty for E-Motion™ 180E Product & Technology UpdateMarch 9, 2026 6:30 AM
PR Newswire (US)
First High-Voltage Electric Outboard Above 150 HP to Offer This Level of Standard Coverage in North AmericaMONTREAL, March 9, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a marine technology company and vertically integrated multi-brand boat retail platform, today announced the introduction of a 6-Year Limited Powertrain Warranty for its flagship E-Motion™ 180E high-voltage electric outboard system for recreational boating applications.
Based on publicly available information, Vision Marine believes it is the first manufacturer in North America to offer a standard six-year limited powertrain warranty on a high-voltage electric outboard above 150 horsepower for recreational use. The Company further believes that this level of standard coverage extends one year beyond the typical warranty duration currently offered within the comparable high-voltage electric outboard segment.The E-Motion™ 180E is an industrialized high-voltage marine propulsion system that has been integrated across more than 24 boat configurations spanning 12 OEM brands and multiple vessel categories.The Company's validation roadmap focuses on durability, redundancy, thermal management, and real-world recreational deployment rather than limited pilot applications.Warranty duration is often viewed as a practical indicator of engineering maturity, lifecycle confidence, and supply chain readiness. By extending its standard limited powertrain coverage to six years, Vision Marine signals confidence in the robustness of its proprietary high-voltage architecture and operational support.Vision Marine's vertically integrated operating model supports the enhanced limited warranty. Following the acquisition and accelerated integration of Nautical Ventures, the Company operates an established retail and service infrastructure across Florida, providing in-market diagnostics, installation support, and aftersales service capabilities. This structure strengthens long-term customer confidence while reducing execution risk as electric propulsion adoption accelerates."Warranty coverage reflects engineering discipline and operational readiness," said Maxime Poudrier, Chief Operating Officer of Vision Marine Technologies. "Extending our standard limited powertrain coverage to six years demonstrates the validation behind our system and the infrastructure now in place to support it at scale."The 6-Year Limited Powertrain Warranty applies to qualifying E-Motion™ 180E units sold under standard program terms and conditions. For full details regarding coverage, limitations, and exclusions, please refer to Vision Marine's official warranty terms and conditions.Vision Marine continues to execute its dual-pillar strategy, combining proprietary propulsion technology with direct-to-consumer retail access and service infrastructure. Management believes this integrated platform supports disciplined electric expansion while maintaining flexibility across both electric and internal combustion propulsion categories.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a vertically integrated marine company combining proprietary high-voltage electric propulsion technology with multi-brand boat retail and service operations. Through its E-Motion™ electric propulsion platform and its ownership of Nautical Ventures Group, an award-winning Florida-based dealership network, Vision Marine delivers premium boating experiences across both electric and internal combustion segments.The Company's strategy focuses on scalable growth, operational discipline, and direct market access through integrated technology, retail distribution, financing, and service infrastructure across North America's boating market.For more information, visit: https://investors.visionmarinetechnologies.comForward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include, but are not limited to, statements regarding electric adoption trends, product integration, retail visibility, cross-category engagement, and strategic positioning within the marine market. These statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements.Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Vision Marine Technologies Inc. undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-introduces-6-year-limited-powertrain-warranty-for-e-motion-180e-product--technology-update-302707543.htmlSOURCE Vision Marine Technologies, Inc
Original: Vision Marine Technologies Introduces 6-Year Limited Powertrain Warranty for E-Motion™ 180E Product & Technology Update
US Market News
3月前
Vision Marine Technologies Demonstrates Premium Electric Watersports Strength at Miami International Boat Show, Expanding Retail Ecosystem Integration Across Nautical VenturesMarch 4, 2026 6:30 AM
PR Newswire (US)
MONTREAL, March 4, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a vertically integrated marine company combining proprietary propulsion technology with multi-brand retail and service operations, today demonstrated continued premium electric watersports performance across its Nautical Ventures dealer network following the Discover Boating® Miami International Boat Show, held February 11–15, 2026.
At the Miami International Boat Show, Nautical Ventures' Watersports Division generated gross revenue within approximately 5% of the prior year despite lower unit volume. Management attributes this performance to higher average transaction values and a continued shift toward premium electric and performance-oriented products within the division's portfolio."Miami confirmed what we are increasingly seeing across our retail locations," said Jesse Cors, Head of Watersports at Nautical Ventures. "Customers are gravitating toward higher-value electric products. While unit volume was lower, overall revenue remained in line with prior year levels through a stronger premium mix, reflecting more deliberate purchasing behavior and continued interest in electric marine mobility."The Miami results follow the continued rollout of Nautical Ventures curated Electric Division portfolio, introduced in September 2025 to strategically expand electric watersports and mobility offerings across the Company's Florida retail network. Since that launch, electric watersports products have been integrated into showroom placements, waterfront displays, and major show activations, positioning premium electric mobility platforms alongside boats equipped with Vision Marine's E-Motion™ high-voltage electric propulsion system."Our Electric Division is evolving from a product category into an ecosystem strategy," said Maxime Poudrier, Chief Operating Officer of Vision Marine. "By aligning propulsion-equipped boats, premium electric watersports platforms, and our retail infrastructure under one operational framework, we are creating a differentiated pathway to electric adoption in marine. Miami reinforced that customers are responding to premium, integrated experiences, not standalone products."This integrated retail configuration was visible at Miami, where electric and performance-oriented platforms accounted for a larger proportion of premium-ticket transactions compared to the prior year. The alignment between curated electric categories and Vision Marine's propulsion ecosystem continues to enhance category visibility across the network.By embedding electric watersports products within its established financing, insurance, service, and dealership infrastructure, Vision Marine continues to execute on its vertically integrated model, connecting curated electric mobility offerings with propulsion-equipped boats and direct consumer exposure.This update underscores the role of the Electric Division within Nautical Ventures as both a premium retail category and a visibility amplifier for Vision Marine's broader propulsion ecosystem.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a vertically integrated marine company combining proprietary high-voltage electric propulsion technology with multi-brand boat retail and service operations. Through its E-Motion™ electric propulsion platform and its ownership of Nautical Ventures Group, an award-winning Florida-based dealership network, Vision Marine delivers premium boating experiences across both electric and internal combustion segments.The Company's strategy focuses on scalable growth, operational discipline, and direct market access through integrated technology, retail distribution, financing, and service infrastructure across North America's boating market.For more information, visit: https://investors.visionmarinetechnologies.comForward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include, but are not limited to, statements regarding electric adoption trends, product integration, retail visibility, cross-category engagement, and strategic positioning within the marine market. These statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Vision Marine Technologies Inc. undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.
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Original: Vision Marine Technologies Demonstrates Premium Electric Watersports Strength at Miami International Boat Show, Expanding Retail Ecosystem Integration Across Nautical Ventures
US Market News
3月前
Vision Marine Technologies Reports 167% Year-Over-Year Trip Growth in Ventura and 84% Revenue Growth as West Coast Expansion AdvancesMarch 2, 2026 6:30 AM
PR Newswire (US)
MONTREAL, March 2, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a vertically integrated marine platform combining proprietary propulsion technology, award-winning retail distribution, and direct-to-consumer operations, today reported strong year-over-year growth at its Portside Ventura, California rental location and announced the execution of a slip expansion lease to support continued West Coast scaling.
Trip volume increased from 640 trips in 2024 to 1,708 trips in 2025, representing approximately 167% year-over-year growth. Net rental revenue increased approximately 84% year-over-year, reflecting accelerating utilization and continued diversification across booking platforms.The sustained growth reflects demand from both local residents and non-local visitors. In response, Vision Marine has executed an expansion lease increasing available slip capacity at Portside Ventura. The additional dock space is expected to enhance peak-season availability, support larger group bookings, and enable incremental fleet additions entering the 2026 boating season.Ventura operates as a structured rental-to-ownership deployment channel within Vision Marine's vertically integrated platform. By introducing consumers to modern electric boating systems in a real-world environment, rental operations serve as both a recurring revenue stream and a strategic engagement funnel that may support future ownership interest. Management evaluates rental engagement metrics as an indicator of long-term market adoption potential in high-value coastal markets such as California.As previously disclosed in the Company's August 2025 investor presentation, Vision Marine has completed more than 70,000 electric boat rentals to date across its operations, reflecting meaningful on-water deployment experience and operational scalability.Ventura is being managed as a repeatable coastal activation framework combining technology deployment, experiential consumer engagement, and scalable fleet operations. Future growth initiatives remain subject to operational performance, capital allocation priorities, and prevailing market conditions.Trip growth and revenue growth percentages referenced above are based on internal operating data for the Ventura location. "Trips" refers to completed customer bookings during the calendar year.About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is building a scalable marine platform combining proprietary high-voltage electric propulsion systems with a multi-location boat dealership and service network. Through its E-Motion™ propulsion technology and ownership of Nautical Ventures, an award-winning Florida-based retailer, Vision Marine delivers integrated marine solutions across both electric and internal combustion segments.For more information, visit:
https://investors.visionmarinetechnologies.comForward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding intellectual property protection, technology scalability, OEM integrations, and long-term strategic positioning. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Vision Marine undertakes no obligation to update forward-looking statements except as required by law.
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Original: Vision Marine Technologies Reports 167% Year-Over-Year Trip Growth in Ventura and 84% Revenue Growth as West Coast Expansion Advances
US Market News
4月前
Vision Marine Technologies Inc. Expands Patent Portfolio to Support Faster, More Flexible Electric Outboard IntegrationFebruary 19, 2026 7:30 AM
PR Newswire (US)
MONTREAL, Feb. 19, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), an electric marine technology company specializing in high-voltage marine propulsion, together with its recently acquired retail network, Nautical Ventures, an award-winning Florida-based dealership group, today announced the filing of a new U.S. patent application with the United States Patent and Trademark Office, supporting the continued development of its high-voltage electric marine powertrain platform.
The patent filing relates to a modular mechanical integration system designed to enable electric motors to be paired with conventional outboard lower units while accommodating alignment tolerances and operational loads encountered in marine environments. The invention addresses a key interface within electric outboard design, offering reliable torque transfer, long-term durability, and quiet operation without requiring proprietary lower units.This approach enables the propulsion motor to integrate with existing lower-unit architectures, helping reduce development costs and shorten integration timelines. By designing a complete, marine-specific high-voltage powertrain with interfaces engineered to work with proven outboard platforms, Vision Marine supports broader compatibility across systems familiar to manufacturers, dealers, and service technicians. "Our approach is deliberate: interface with proven, off-the-shelf components wherever possible. By engineering our powertrain to work with existing lower units rather than developing proprietary alternatives, we reduce complexity, accelerate time to market, and deliver a system that's easier to service and support," said Daniel Rathe, Chief Technology Officer of Vision Marine Technologies.From a commercial perspective, the invention supports Vision Marine's ability to deploy a standardized high-voltage propulsion architecture across multiple outboard formats. This standardization is intended to support scalable production, consistent integration practices, and efficient training for service teams, while enabling broader fleet, rental, and retail adoption as electric propulsion continues to expand.At a strategic level, the filing reinforces Vision Marine's objective of securing and strengthening a complete electric marine powertrain, engineered as a unified system that can integrate with established third-party components. By controlling the mechanical interface between the motor and the lower unit, the Company enhances its ability to manage system performance, validation, and long-term lifecycle support.Vision Marine believes that aligning technology development with real-world market access supports the creation of a durable and scalable platform within the evolving boating and marine propulsion landscape.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine company focused on advancing the on-water experience through proprietary high-voltage electric propulsion systems and a vertically integrated retail and service platform. Following the acquisition of Nautical Ventures, Vision Marine combines electric powertrain innovation with one of the leading multi-brand dealership and service networks in the United States, supporting both electric and internal combustion boating customers.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the expected benefits, applications, scalability, and commercial impact of the Company's patent filings and technology strategy. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. Vision Marine undertakes no obligation to update or revise any forward-looking statements, except as required by law.
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Original: Vision Marine Technologies Inc. Expands Patent Portfolio to Support Faster, More Flexible Electric Outboard Integration
US Market News
4月前
Vision Marine Technologies Establishes Yamaha Floor Plan Program Across Nautical Ventures NetworkFebruary 17, 2026 7:30 AM
PR Newswire (US)
MONTREAL, Feb. 17, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company") an electric marine technology company specializing in high-voltage marine propulsion, together with its recently acquired retail network, Nautical Ventures, an award-winning Florida-based dealership group, today announced that it has established a new floor plan financing program with Yamaha Motor Finance Corporation, U.S.A. ("Yamaha Financial Services") across its wholly owned marine dealership network, Nautical Ventures Group Inc. ("Nautical Ventures").
This program represents a significant operational milestone following Vision Marine's acquisition of Nautical Ventures in June 2025 and marks an important first step in rebuilding the financing infrastructure necessary to support the Company's continued execution on integrating financing, inventory management, and OEM relationships across its expanded retail platform.The Yamaha Financial Services floor plan will enable Nautical Ventures to expand the availability of Yamaha-powered boats and products across its Florida dealership footprint, while enhancing the purchasing experience for customers through additional flexibility and financing options at the point of sale.By strengthening access to one of the most widely adopted propulsion platforms in the marine industry, Vision Marine continues to broaden product choice across multiple boating segments and deliver a more streamlined and accessible retail offering."This initiative reflects tangible progress in the integration of Nautical Ventures following the acquisition," said Alexandre Mongeon, Chief Executive Officer of Vision Marine.
"Re-establishing key floor plan relationships is a critical foundation as we work to restore operational strength and profitability across the dealership network. Yamaha is an industry leader, and we are proud to expand this alignment across our locations." Yamaha Marine offers one of the most comprehensive outboard propulsion portfolios in the industry, with engines spanning approximately 2.5 horsepower to 450 horsepower. Its propulsion systems support a wide range of boating applications, from portable and leisure platforms to offshore and commercial vessels, backed by a global manufacturing, dealer, and service infrastructure developed over decades."This agreement marks an important first step in rebuilding Nautical Ventures' financing platform following the acquisition," said Raffi Sossoyan, Chief Financial Officer of Vision Marine. "Floor plan availability is critical to optimizing inventory turnover and margin."We view this as the first of additional actions intended to support improved earnings and stronger cash flow generation going forward.For Vision Marine, the establishment of this floor plan program reinforces its vertically integrated retail strategy while operating alongside established propulsion ecosystems. This alignment allows the Company to remain closely connected to prevailing industry standards, real-world usage, and evolving consumer expectations as marine propulsion technologies continue to advance.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine technology and retail group delivering premium boating experiences across internal combustion and electric segments. Through its E-Motion™ high-voltage propulsion platform and its Nautical Ventures retail network, Vision Marine delivers integrated solutions spanning propulsion, retail, service, and on-water consumer engagement.About Yamaha Marine Yamaha Marine products are marketed throughout the United States and around the world. Yamaha Marine Engine Systems, based in Kennesaw, Ga., supports its 2,000 U.S. dealers and boat builders with marketing, training, and parts for Yamaha's full line of products and strives to be the industry leader in reliability, technology, and customer service. Yamaha Marine is the only outboard brand to have earned NMMA®'s C.S.I. Customer Satisfaction Index award every year since its inception. Visit www.yamahaoutboards.com.About Yamaha Financial Services Yamaha Motor Finance Corporation, U.S.A., dba Yamaha Financial Services, is an affiliate of Yamaha Motor Corporation, U.S.A. offering financing solutions to support Yamaha Dealers and loyal Yamaha Customers nationwide.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Canadian securities laws and within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. Forward-looking statements can often be identified by such words as "expects", "plans", "believes", "intends", "continue", "potential", "remains", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Vision Marine's Annual Report on Form 20-F, as amended, for the year ended August 31, 2025, and its periodic filings with the SEC and on SEDAR+ provide a detailed discussion of these risks and uncertainties. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the various securities commissions which are available online at www.sec.gov and www.sedarplus.ca. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs, and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-establishes-yamaha-floor-plan-program-across-nautical-ventures-network-302688828.htmlSOURCE Vision Marine Technologies, Inc
Original: Vision Marine Technologies Establishes Yamaha Floor Plan Program Across Nautical Ventures Network
US Market News
4月前
Vision Marine Technologies Files Patent Application Covering Structural Integration of High-Voltage Electric Outboard SystemsFebruary 12, 2026 7:03 AM
PR Newswire (US)
MONTREAL, Feb. 12, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), an electric marine technology company specializing in high-voltage marine propulsion, together with its recently acquired retail network, Nautical Ventures, an award-winning Florida-based dealership group, today announced the filing of a new U.S. patent application with the United States Patent and Trademark Office, further strengthening the intellectual property supporting its high-voltage electric marine powertrain platform.
The patent filing relates to a structural integration system that enables electric motors to be mechanically paired with conventional outboard assemblies while maintaining precise alignment and load management under marine operating conditions. The patent addresses a critical interface within electric outboard design, supporting reliable torque transfer and long-term durability without requiring proprietary lower units.This approach enables electric propulsion to integrate with existing outboard architectures, helping reduce development costs and shorten integration timelines for boat manufacturers. By designing a complete, marine-specific high-voltage powertrain with interfaces engineered to work with proven outboard platforms, Vision Marine supports broader compatibility across systems familiar to manufacturers, dealers, and service technicians. "We design the entire high-voltage marine powertrain and engineer its interfaces to integrate with established outboard platforms," said Daniel Rathe, Chief Technology Officer of Vision Marine Technologies.From a commercial perspective, the invention supports Vision Marine's ability to apply a standardized high-voltage propulsion architecture across multiple outboard formats. This standardization supports scalable production, consistent integration, and efficient training for service teams, while enabling broader fleet and retail adoption as electric propulsion continues to expand.At a strategic level, the filing reinforces Vision Marine's objective of securing and strengthening a complete electric marine powertrain, engineered as a unified system rather than assembled from disconnected third-party components. By securing the mechanical interface between the motor and the lower unit, the Company strengthens its control over system performance, validation, and long-term lifecycle support.Including this filing, Vision Marine's intellectual property portfolio now comprises 14 patent applications pending, all centered on the design, control, protection, and integration of high-voltage electric marine propulsion systems. Together, these filings support the Company's long-term strategy to secure proprietary technology intended for recreational deployment across its channels. Vision Marine believes that aligning technology development with real-world market access supports the creation of a durable and scalable platform within the evolving boating and marine propulsion landscape.About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine technology company transforming the boating experience through innovation in both electric and internal-combustion propulsion. Vision Marine designs, manufactures, and integrates high-voltage electric powertrain systems and performance boats, while operating a vertically integrated retail and service network through its subsidiary, Nautical Ventures, one of the top dealership groups in the United States.Together, Vision Marine and Nautical Ventures form North America's first fully integrated technology and retail platform, bringing consumers and manufacturers the next generation of on-water experiences.For more information, visit: www.visionmarinetechnologies.comForward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the expected impact, strategic value, and commercial relevance of the Company's patent filings and technology platform. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements. Vision Marine undertakes no obligation to update or revise forward-looking statements, except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-files-patent-application-covering-structural-integration-of-high-voltage-electric-outboard-systems-302686155.htmlSOURCE Vision Marine Technologies, Inc
Original: Vision Marine Technologies Files Patent Application Covering Structural Integration of High-Voltage Electric Outboard Systems
US Market News
4月前
Palm City Welcomes New Nautical Ventures Retail Store, Supporting Over 1,100 Tenders Sold Across the NetworkFebruary 9, 2026 7:50 AM
PR Newswire (US)
PALM CITY, Fla., Feb. 9, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a marine technology and retail platform company, today announced the opening of a new Nautical Ventures retail store in Palm City, Florida, marking a milestone of more than 1,100 yacht tenders sold across the Nautical Ventures network since 2021, supported through centralized rigging, integration, and delivery operations at the Palm City facility.
The Palm City location has historically operated as a high-volume tender rigging, preparation, and logistics center serving Nautical Ventures' Florida-wide retail operations. The volume of tenders sold across the network and supported through this facility reflects sustained customer demand and operational scale that Vision Marine is now extending into a dedicated, customer-facing retail and service platform.The yacht tender and inflatable boat segment represents a significant and established portion of the global marine industry. According to independent industry research published by Mordor Intelligence, the global inflatable boat market operates at a multi-billion-dollar scale and is supported by long-term demand drivers including superyacht activity, marina-based operations, charter fleets, and the increasing use of tenders as primary leisure vessels.¹ Within this market environment, Vision Marine continues to advance a disciplined tender strategy focused on asset optimization and scalable execution."The tender market has evolved significantly over time," said Diego N. Conti, General Sales Manager at Nautical Ventures. "What was once a purely functional accessory has become a central part of how owners, charter operators, and marinas experience boating. Demand has grown not only in volume, but in expectations around performance, integration, and service. Palm City reflects that evolution — it allows us to scale what we already do well and support where this segment is clearly heading."Since 2021, Nautical Ventures has sold more than 1,100 yacht tenders across its Florida locations, supported by the Palm City team's specialized expertise in tender configuration, mechanical and electrical integration, quality control, and platform-specific customization across a wide range of tender brands and vessel profiles. This integration know-how represents a core operational capability supporting multiple Nautical Ventures locations.By formalizing Palm City as a customer-facing yacht tender and inflatable boat dealership, Vision Marine is scaling an existing operational asset into a broader commercial and service platform. The location will continue to support centralized rigging, integration, and delivery for tenders sold throughout the Nautical Ventures network while expanding its direct retail presence, improving customer access along Florida's Atlantic coast and supporting demand generated well beyond a single county or local market.The expanded role of Palm City also strengthens Vision Marine's vertically integrated strategy by connecting retail activity, service execution, and technology enablement. As previously disclosed, the Company views the yacht tender segment as a potential long-term platform for its E-Motion™ high-voltage electric propulsion system, leveraging Nautical Ventures established tender integration expertise to support future evaluation and integration on applicable platforms, subject to market conditions and vessel profiles. ²This initiative builds on Vision Marine's previously announced strategy to expand its presence in the global tender market through Nautical Ventures, reinforcing the segment as a scalable, network-wide opportunity supported by experienced personnel, centralized integration capabilities, and disciplined capital deployment. ²About Vision Marine Technologies Inc.Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine technology and retail platform company focused on enhancing the on-water experience through innovation, integration, and scalable market access. Through its proprietary E-Motion™ high-voltage electric propulsion technology and its wholly owned Nautical Ventures retail network, Vision Marine operates a vertically integrated platform spanning propulsion systems, boat distribution, service, customization, and customer engagement across Florida and select global markets.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding market opportunities, strategic initiatives, technology evaluation, operational expansion, and future integration plans. These statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Vision Marine undertakes no obligation to update or revise forward-looking statements except as required by law.Sources & References¹ Mordor Intelligence, "Inflatable Boat Market – Growth, Trends, and Forecasts"
https://www.mordorintelligence.com/industry-reports/inflatable-boat-market² Vision Marine Technologies Inc., "Accelerate Global Leadership in Tender Market," July 28, 2025
https://investors.visionmarinetechnologies.com/2025/07/28/accelerate-global-leadership-in-tender-market/
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Original: Palm City Welcomes New Nautical Ventures Retail Store, Supporting Over 1,100 Tenders Sold Across the Network