Helios Technologies Unveils Dual PowerView™ U150 15-Inch Displays, Elevating Luxury Boating with Nautique's Paragon Series

Rhea-AI Summary

Helios Technologies, Inc. introduces the PowerView™ U150 15-inch display in partnership with Nautique, a renowned brand in the boating industry. The display offers dual high-resolution screens, seamless integration with Nautique's Paragon Series boats, user-friendly interface, advanced connectivity options, and optimal visibility. This collaboration aims to enhance the boating experience with innovative technology.

Market Research Analyst

The introduction of the PowerView™ U150 15-inch display by Helios Technologies' operating company, Enovation Controls, represents a strategic move to solidify its presence in the high-end recreational boating market. This product launch is particularly notable for its collaboration with Nautique, a brand known for its luxury boats. The PowerView™ U150's dual high-resolution displays are designed to offer an enhanced boating experience, which could potentially increase the appeal of Nautique's Paragon Series boats to affluent consumers.

From a market perspective, the demand for luxury recreational boats has been on the rise, driven by increasing disposable income and consumer interest in high-quality marine experiences. The integration of advanced technology like the PowerView™ U150 is a response to this growing market segment's demands. The user-friendly interface and advanced connectivity options could set a new standard for the marine industry, potentially driving competitors to upgrade their own offerings. This innovation might lead to an increase in market share for both Helios Technologies and Nautique, as well as provide a competitive edge in a market that values technological advancement and luxury.

Financial Analyst

Helios Technologies' unveiling of the PowerView™ U150 display could have financial implications for the company. As a supplier of high-end marine electronics, the successful adoption of this new product by Nautique could lead to increased revenue streams for Helios. The focus on high-resolution and dual-display functionality aligns with the trend of consumers seeking more sophisticated and connected experiences, which could translate into higher sales volumes.

Investors should monitor the market's reception to the PowerView™ U150 and any subsequent announcements regarding sales or additional partnerships. The long-term financial impact will depend on the product's market penetration and the potential for this technology to be adopted in other boat models or by other manufacturers. It is also crucial to consider the production and development costs associated with this technology, as they could affect profit margins.

Technology Analyst

The technological advancements of the PowerView™ U150 display, such as its high-brightness, anti-glare technology and waterproof touchscreen interface, represent significant improvements in marine display technology. These features are critical for safety and usability in the marine environment, where visibility and durability are paramount. The product's advanced connectivity options for real-time data sharing and control could pave the way for more integrated and smart boat systems in the future.

From an industry standpoint, the introduction of such technology sets a high bar for competitors and could accelerate innovation within the marine electronics sector. The emphasis on user experience and seamless integration with Nautique's Paragon Series boats could influence consumer expectations, pushing other boat manufacturers to seek similar partnerships to remain competitive.

SARASOTA, Fla.--(BUSINESS WIRE)-- Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, announced its operating company, Enovation Controls, has introduced the all new PowerView™ U150 15-inch display. This state-of-the-art display is set to enhance the boating experience aboard select Nautique Paragon Series boats.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240118047615/en/

Nautique Dual LINC Panoray Displays (Photo: Business Wire)

"We are excited to introduce the PowerView™ U150 as the pinnacle of marine display technology," said Josef Matosevic, President and Chief Executive Officer of Helios. "Our partnership with Nautique, a renowned brand in the boating industry, ensures that the PowerView™ U150 is seamlessly integrated into their recreational boats. This collaboration combines Enovation Controls' expertise in control solutions with Nautique's commitment to delivering exceptional boating experiences."

“We have been working closely with Enovation Controls, a Helios Technologies company, for over a decade and value their dedication to technology and quality leadership. Over this time our partnership has delivered innovative, market driving products that have shaped the marine industry,” said Greg Meloon, President of Nautique Boat Company. “We are thrilled to bring yet another innovation to market in 2024 on our flagship Paragon Series boats with dual 15-inch, high resolution display interfaces on the helm!”

Key Features of the PowerView™ U150:

• Dual 15-Inch High-Resolution Displays: With two of the PowerView™ U150 displays, boaters are provided an immersive and comprehensive view of navigation, entertainment, and system monitoring.
• Flawless Integration with Nautique's Paragon Series: The PowerView™ U150 is easily integrated into the helm of Paragon Series boats, enhancing the luxurious aesthetics and functionality of the onboard experience.
• User-Friendly Interface: The rugged and waterproof touchscreen interface offers an intuitive and user-friendly experience.
• Highly Connected: The PowerView™ U150 comes equipped with advanced connectivity options for real-time data sharing and control.
• Optimal Visibility: Equipped with high-brightness and anti-glare technology, the PowerView™ U150 guarantees optimal visibility, ensuring a safe and enjoyable navigation even in bright sunlight.

About Nautique
Nautique is celebrating its 99th anniversary of delivering excellence in the marine industry. A subsidiary of Correct Craft, Nautique has been on the waters of the world with a passion for innovation since 1925. Delivering the very best waterski, wakeboard and wakesurf boats on the market, Nautique continues to drive progression with their award-winning technology and dedication to building the highest-quality boats imaginable. New technology, performance innovations and attention to detail are the cornerstones of what makes the Nautique brand the industry leader. Through the Nautique Cares initiative, employees and athletes dedicate themselves to not only making a difference on the water, but to extend their support to people in need around the world. The world’s best ski boat, world’s best wake boat, and a company that cares. To learn more visit www.nautique.com.

About Enovation Controls
Enovation Controls is a fast growing and innovative manufacturer of electronic controls and displays for diverse markets. Enovation is an international leader in fully tailored solutions for engines, engine-driven equipment, and specialty vehicles with a broad range of displays, controls, and instrumentation products. With an internationally diverse team, Enovation serves customers around the world with global sales, manufacturing, and engineering operations. Enovation Controls also partners directly with OEMs and supports a worldwide network of authorized distributors and system integrators. Visit us at www.enovationcontrols.com and follow us on LinkedIn.

About Helios Technologies
Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The Company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information please visit: www.heliostechnologies.com and follow us on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240118047615/en/

Product/Solutions:

Kati Zumwalt

Director, Marketing – Electronics Segment

(918) 317-3100

kati.zumwalt@enovationcontrols.com

Investor and Media:

Tania Almond

Vice President, Investor Relations and Corporate Communication

(941) 362-1333

tania.almond@HLIO.com

Deborah Pawlowski

Kei Advisors LLC

(716) 843-3908

dpawlowski@keiadvisors.com

Source: Helios Technologies, Inc.

What is the name of the company mentioned in the press release?

Helios Technologies, Inc. (NYSE: HLIO)

What is the name of the new display introduced by Helios Technologies, Inc.?

PowerView™ U150 15-inch display

What are the key features of the PowerView™ U150 display?

The display offers dual 15-inch high-resolution screens, seamless integration with Nautique's Paragon Series boats, user-friendly interface, advanced connectivity options, and optimal visibility.

Who is the President and Chief Executive Officer of Helios Technologies, Inc.?

Josef Matosevic

What is the ticker symbol for Helios Technologies, Inc.?

HLIO