Vision Marine Technologies

Vision Marine Technologies, Inc. engages in the manufacture and sell or rent electric boats. The firm operates through the Sale of Electric Boats and Rental of Electric Boats segments. The Sale of Electric Boats segment involves in the manufacture of customized electric boats for the consumer market and the sale of boat parts and maintenance. The Rental of electric boats segment includes short-term rental operations and boat club membership. The company was founded in 1995 and is headquartered in Boisbriand, Canada.

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Vision Marine Technologies, Inc. engages in the design, development, and manufacturing of electric outboard powertrain systems and electric boats. It operates through the Sale of Electric Boats and Rental of Electric Boats segments. The Sale of Electric Boats segment involves the manufacture of customized boats for the consumer market, sale of parts, and maintenance. The Rental of electric boats segment includes short-term rental operations and boat club membership. The company was founded by Patrick Bobby and Alexander Mongeon in 1995 and is headquartered in Boisbriand, Canada.

MONTRÉAL, QUEBEC / ACCESSWIRE / December 8, 2024 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, has announced a strategic partnership with Armada Pontoons, a renowned manufacturer of high-quality pontoon boats based in Quebec, Canada. This collaboration introduces a new electric pontoon boat designed to meet the growing demand for eco-friendly, regulation-compliant, and competitively priced boating solutions for North America's vast network of lakes.

Vision Marine and Armada Partner to Produce an Innovative Electric Pontoon for North America's Regulated Lakes

Massimo Group

Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - December 3, 2024) - Investorideas.com, a go-to investing platform covering electric vehicle stocks issues a snapshot on the future of the electric boating market and some of the partnerships moving the sector forward, featuring Vision Marine Technologies Inc. (NASDAQ: VMAR), a pioneer in electric marine propulsion. Read the full article on Investorideas.com https://www.investorideas.com/News/2024/renewable-energy/12030Electric-Boat.asp According to a recent study by Future Market Insights, "The global electric boats market is on a rapid growth trajectory, expected to expand at a Compound Annual Growth Rate (CAGR) of 10.4% from 2023 to 2033.

Riding the Wave of an Electric Boat Future- Collaborations Key to Success

Fully Integrated 30-foot Electric Pontoon Platform Designed for Commercial and Recreational Markets Showcases Commitment to Innovation and Sustainability GARLAND, Texas , Dec. 2, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the Company's marine division, Massimo Marine, entered into a partnership with Vision Marine Technologies Inc (Nasdaq: VMAR) ("Vision Marine"), a pioneer in electric marine propulsion. This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets.

Massimo Marine and Vision Marine Technologies Announce Production Partnership for First Commercial Electric Pontoon Platform

MONTREAL, QC / ACCESSWIRE / December 1, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, has entered into a milestone partnership with Massimo Marine, the marine division of Massimo Group (MAMO). This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets.

Vision Marine Technologies and Massimo Marine Announce Production Partnership for First Commercial Electric Pontoon Platform

MONTREAL, QC / ACCESSWIRE / November 20, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce its participation in the grand opening of Aileron. The grand opening marks a launch sale event for the prestigious residential project on Thursday, November 21, 2024, at 5 PM, at the Aileron Sales Centre, 50 South Bryan Road, Dania Beach Florida.

Vision Marine Technologies Establishes a Strategic Hub for Electric Boat Sales, Rentals, and Distribution, Marking a Milestone at Dania Pointe's Grand Opening of Aileron Residences

MONTREAL, QC / ACCESSWIRE / November 18, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, is pleased to announce a new production initiative with Smoker Craft Inc., a U.S.-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a state-of-the-art pontoon platform specifically designed to integrate Vision Marine's high-performance (180 HP) electric propulsion systems, specifically the pontoon-designed P-Powerpack.

Vision Marine Partners With a Major Pontoon Manufacturer to Produce Cutting-Edge Electric Pontoons

MONTREAL, QC / ACCESSWIRE / November 7, 2024 / Vision Marine Technologies Inc. (the "Company") (NASDAQ:VMAR) a pioneer in electric marine propulsion, is pleased to announce that the Company received a compliance notice (the "Notice") from the Nasdaq Hearing Panel (the "Panel") informing the Company that it has regained compliance with the bid price requirement under Nasdaq Listing Rule 5550(a)(2). This compliance fulfils the requirements outlined by the Panel in its decision dated October 3, 2024.

Vision Marine Technologies Inc. Regains Compliance with Nasdaq Listing Requirements

Vision Marine Announces Reverse Stock Split to Regain Nasdaq Compliance MONTREAL, QC / ACCESSWIRE / October 4, 2024 / Vision Marine Technologies Inc. (the "Company") (NASDAQ:VMAR), a pioneer in electric marine propulsion, today announced that it has received an extension from the Nasdaq Hearings Panel to continue its listing on the Nasdaq Capital Market. This extension allows the Company additional time to regain compliance with Nasdaq's continued listing requirements, subject to meeting specific compliance criteria within designated timeframes.

Vision Marine Technologies Granted Extension for Continued Listing on the Nasdaq Stock Market

The Most Efficient and Powerful Inboard Electric Motor System on the Market MONTREAL, QC / ACCESSWIRE / September 23, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce the launch of its revolutionary E-Motion™ 180e Inboard electric motor system. Delivering an impressive continuous 180hp at the propeller, this new system opens an important market segment for Vision Marine, significantly expanding the range of vessels that can benefit from its advanced electric propulsion technology.

Vision Marine Technologies Announces the Launch of the E-Motion(TM) 180e Inboard

MONTREAL, QC / ACCESSWIRE / September 16, 2024 / Vision Marine Technologies, Inc. (Nasdaq:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced the closing of its previously announced best-efforts offering of 3,400,000 common shares. Each common share was sold at an offering price of $1.00 per share, for gross proceeds of $3.4 million, before deducting placement agent fees and other offering expenses.

Vision Marine Technologies Announces Closing of Common Share Offering

MONTREAL, QC / ACCESSWIRE / September 13, 2024 / Vision Marine Technologies, Inc. (Nasdaq:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced the pricing of a best-efforts offering of 3,400,000 common shares. Each common share is being sold at an offering price of $1.00 per share.

Vision Marine Technologies Announces $3.4 Million Offering

MONTREAL, QC / ACCESSWIRE / September 10, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, announces its strategic alliance with ePropulsion to empower the groundbreaking Phantom Boat, crafted from innovative plastic rotomolding technology. Following its debut at the Miami International Boat Show, the Phantom is set to showcase a customized electric ePropulsion system.

ePropulsion Teams Up with Vision Marine Technologies to Unveil and Propel the Phantom Plastic Boat

MONTREAL, QC / ACCESSWIRE / August 20, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced that its Board of Directors (the "Board") has approved a 15-for-1 reverse stock split of the Company's common shares. The reverse stock split is expected to become effective when the market opens on August 22, 2024 (the "Effective Date").

Vision Marine Technologies Announces Reverse Stock Split, Warrant Exchange and Receives Nasdaq Staff Determination Letter Regarding Non-Compliance with Minimum Bid Price Requirement

MONTREAL, QC / ACCESSWIRE / June 20, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, is thrilled to announce its partnership with JetRide Holding, LLC, a Florida members-only boat club. This strategic alliance marks Vision Marine's expansion in the burgeoning electric boat rental market, leveraging JetRide's extensive network of over 17 boat club locations across Florida.

Vision Marine Technologies Partners with JetRide to Leverage Growing Electric Boat Rental Market

MONTREAL, QC / ACCESSWIRE / June 3, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, is proud to announce the filing of its fifth patent, focusing on a state-of-the-art vehicle control unit apparatus (the "VCU") that maximizes the functionality of an intelligent electric marine powertrain. This latest patent filing underscores Vision Marines' innovative approach within the maritime sector.

Elevating Marine Propulsion Reliability - Vision Marine Technologies Files its 5th Patent on its Unique Vehicle Control Unit

MONTREAL, QC / ACCESSWIRE / May 7, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, is proud to announce the filing of a 3rd patent for its innovative Control & Power Management Software, integral to the E-Motion™ High-Voltage (HV) Electric Powertrain. This advanced software, in conjunction with the E-Motion™ multiple sensors, is pivotal in managing the electric boating experience, offering precision and control over the motor's impressive torque capabilities, which are crucial for optimizing performance, safety, and enjoyability for users.

Vision Marine Technologies Files 3rd Patent for Its Unique Power Control Management Software

BOISBRIAND, QC / ACCESSWIRE / May 1, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leading provider of electric propulsion solutions, announces the filing of a patent application for its innovative method and apparatus for controlling the cooling water system of an electric marine vessel. The patent application addresses the unique challenges of designing and operating electric propulsion systems in marine environments.

Vision Marine Technologies Files Second Patent for Electric Marine Vessel Cooling System Control

BOISBRIAND, QC / ACCESSWIRE / April 26, 2024 / Vision Marine Technologies Inc. (the "Company"), a pioneer in electric propulsion innovation, is pleased to announce the patent filing for its cutting-edge Communication Cryptographic System technology, integral to the E-Motion™ Electric Powertrain components on April 24, 2024. Enabled by high-capacity batteries, this key technology seeks to enhance security for users, ensure the conformity of all system components, and deliver an elevated boating experience.

Vision Marine Technologies Files Patent for Advanced System Communication Encryption in E-Motion Powertrain

MONTREAL, QC / ACCESSWIRE / April 9, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in electric marine propulsion, is proud to announce a groundbreaking achievement in electric outboard propulsion, in collaboration with McLaren Engineering, a division of Linamar Corporation. Aligning with the fast-evolving electric market and the upcoming SAE J1228 outboard compliance standard, Vision Marine has revolutionized the measurement of rated power output with its E-Motion™ 180E Electric Powertrain Systems.

Vision Marine Technologies Reached New Milestone Achieved in Meeting Future Evolving HV Electric Boating Industry Standards - Test Cell Results

MONTREAL, QC / ACCESSWIRE / April 3, 2024 / Vision Marine Technologies Inc., (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in electric marine propulsion, is thrilled to announce the commissioning of its partner Neogy, a subsidiary of Startek Energy Group, state-of-the-art lithium battery production facility in Pompignac, France. This pivotal development marks a significant milestone in the industrialization of high-tension battery packs designed specifically for Vision Marine's innovative electric boating solutions.

Vision Marine Technologies Marks a Strategic Milestone with Neogy Startek's Advanced Lithium Battery Production Facility Completion

MONTREAL, QC / ACCESSWIRE / March 1, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a trailblazer in electric recreational boating, is thrilled to announce Raffi Sossoyan as its new Chief Financial Officer (CFO), effective March 1, 2024. This strategic appointment marks a significant step as Vision Marine gears up for an ambitious phase focused on manufacturing, production, and delivery, underlining the company's dedication to scaling its operations and enhancing its market footprint.

Vision Marine Technologies Welcomes Raffi Sossoyan as Chief Financial Officer Amid Transition to Manufacturing and Delivery Phase

MONTREAL, QC / ACCESSWIRE / February 23, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), an innovator in the performance electric recreational boating industry, is thrilled to announce a groundbreaking partnership with Nautical Ventures Marine Group, a premier provider of maritime products and services. This collaboration marks a significant milestone with an initial purchase order for 50 units of the Phantom, Vision Marine's innovative rotomolded, recyclable boat, and the establishment of an exclusive distributorship agreement for South Florida.

Vision Marine Technologies Announces Significant Purchase Order and Exclusive Distributorship Agreement with Nautical Ventures Marine Group

NEW YORK, Feb. 16, 2024 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Vision Marine Technologies Inc. (NASDAQ: VMAR) announces the availability of a broadcast titled, “The Electrifying Rise of Electric Boats.”

Vision Marine Technologies Inc. (NASDAQ: VMAR) at Threshold of Major Market Boom in Boating Space

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- via InvestorWire — Vision Marine Technologies Inc. (NASDAQ: VMAR) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 60+ brands within the  Dynamic Brand Portfolio @ IBN  ( InvestorBrandNetwork ), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.

Vision Marine Technologies Inc. (NASDAQ: VMAR) ‘Disruptive Force' in Electrification of Recreational Boating

MONTREAL, QC / ACCESSWIRE / February 15, 2024 / Vision Marine Technologies Inc., (NASDAQ:VMAR) ("Vision Marine" or the "Company"), an innovator in the performance electric recreational boating industry, proudly unveils the Phantom, a rotomolded, recyclable, and hard-to-damage boat at the Miami International Boat Show 2024 today. Vision Marine Technologies introduces the Phantom, a breakthrough in rotomolded boat design, offering significant market advantages through its economic and environmental benefits.

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