Welcome to our dedicated page for Twin Vee Powercats Co news (Ticker: VEEE), a resource for investors and traders seeking the latest updates and insights on Twin Vee Powercats Co stock.
Twin Vee PowerCats Co. (Nasdaq: VEEE) generates news across boat manufacturing, marine technology, and capital markets activity. The company describes itself as a manufacturer, distributor, and marketer of power sport boats, building Twin Vee catamaran sport boats and Bahama Boats offshore fishing vessels from its base in Fort Pierce, Florida. News about VEEE often highlights developments in its product lineup, dealer network, and strategic initiatives.
Recent company press releases furnished to the SEC have covered topics such as sales trends, cost management, and operational updates. Twin Vee has reported multiple quarters of year-over-year net sales growth and discussed a turnaround and cost-reduction plan, dealer coverage expansion, and integration of the Bahama Boat Works acquisition. Investors following VEEE news can also see announcements about asset sales, such as the sale of a North Carolina property with a combination of cash proceeds and a seller-financed note.
Twin Vee PowerCats Co. also issues news related to its digital and technology strategy. The company has announced the development of the Wizz Banger Valuator, an AI-based boat valuation platform, and described outreach to banks, insurance carriers, marine lenders, and other industry participants. Additional updates have focused on the marine technology division Wizz Banger, Inc. and its work on AI-driven changes to the BoatsForSale.com platform.
Governance and corporate events appear in Twin Vee’s news flow as well. The company has reported on the election of new board members, changes in its chief financial officer role, and stockholder meeting results, including approval of a reincorporation from Delaware to Nevada. For those tracking VEEE, the news stream offers details on product promotions, dealer additions in key boating regions, strategic committees for autonomous marine technologies, and regulatory filings referenced in company announcements.
Stock Titan’s VEEE news page aggregates these updates so readers can review press releases, SEC-related disclosures, and other coverage in one place. Returning visitors can use this feed to monitor how Twin Vee PowerCats Co. communicates its progress in boat manufacturing, brand development, digital tools, and governance matters over time.
Twin Vee PowerCats (Nasdaq:VEEE) reported 2025 results and a business update. Net sales were $14.8M, gross profit $1.26M (8.5% margin), and net loss narrowed 39% to $8.6M.
Management completed a manufacturing reset, expanded Fort Pierce to ~100,000 sq ft (capacity >700 units), cut operating expenses ~27% to $10.0M, reduced field inventory from ~140 to 52 units, and acquired Bahama Boat Works assets in 2025.
Twin Vee PowerCats (Nasdaq:VEEE) closed a public offering of 6,383,000 common shares at $0.47 per share for gross proceeds of approximately $3.0 million.
The company said it intends to use net proceeds primarily for working capital and general corporate purposes. ThinkEquity acted as sole placement agent; registration became effective Jan 30, 2026, with a post-effective amendment on Feb 13, 2026.
Twin Vee PowerCats (Nasdaq:VEEE) priced a best-efforts public offering of 6,383,000 common shares at $0.47 per share, for gross proceeds of approximately $3.0 million. The offering is expected to close on February 23, 2026, subject to customary conditions.
The company intends to use net proceeds primarily for working capital and general corporate purposes. ThinkEquity is the sole placement agent and the registration statement (File No. 333-292661) became effective January 30, 2026, with a post-effective amendment on February 13, 2026.
Twin Vee PowerCats Co. (Nasdaq: VEEE) announced state approval to operate in Louisiana, clearing the way for sales through a new authorized dealer, The Boat Yard in Marrero.
The Boat Yard's initial order has been released and will enter production immediately, marking Twin Vee's official expansion into a major offshore boating market.
Twin Vee PowerCats (Nasdaq:VEEE) will host an invitation-only Bahama Boat Works Media Day on March 26, 2026 at 10:00 AM during the Palm Beach Boat Show.
The private event will unveil the relaunch of Bahama Boat Works, showcase new models, and outline integration and growth plans under Twin Vee leadership.
Twin Vee PowerCats Co (Nasdaq:VEEE) announced that subsidiary Black Line Defense has registered on the Department of Defense's new LYNX Platform to pursue government maritime contracts. The company says LYNX improves visibility into DoD requirements, streamlines qualification, and speeds engagement with federal solicitations and prime contractors.
The registration is intended to support Black Line Defense's pursuit of homeland security, naval logistics, autonomous surface vessels, and hybrid crewed-uncrewed programs, while leveraging Twin Vee's composite-boat manufacturing and U.S.-based production capabilities.
Twin Vee PowerCats (Nasdaq:VEEE) launched Black Line Defense, a wholly owned subsidiary focused on crewed and autonomous mission‑ready maritime solutions for defense and government customers.
The unit will leverage Twin Vee's vertically integrated manufacturing, in‑house engineering, and existing government relationships to pursue DoD, DHS, port security, and other agency contracts.
Twin Vee PowerCats (Nasdaq:VEEE) announced a strategic partnership with Mercury Marine, a division of Brunswick Corporation, to accelerate growth of its premium monohull brand Bahama Boat Works. The company will debut three all-new Bahama Boat Works models plus existing boats at the Palm Beach International Boat Show, March 25-29, 2026, along Flagler Drive in Downtown West Palm Beach. Twin Vee says the Mercury relationship supplies dealer infrastructure, marketing resources, and a broad engine lineup to expand showroom presence, recruit dealers, and introduce Bahama Boat Works to new customer segments.
The announcement positions Bahama Boat Works to scale with backing from Twin Vee and Brunswick, emphasizing offshore performance, structural integrity, and a premium propulsion pairing.
Twin Vee PowerCats (Nasdaq: VEEE) will host a strategic corporate update for investors, analysts, and media on Wednesday, January 21, 2026 at 10:00 a.m. Eastern Time. Management will provide an overview of key corporate initiatives and strategic partnership developments and will take questions from attendees. Interested parties may register to attend the live Zoom webinar via the registration link provided by the company.
Twin Vee PowerCats (Nasdaq: VEEE) launched a New Year Savings Event running January 12–February 13, 2026 offering tiered cash rebates for purchases of new boats to encourage sales and reduce field inventory. Rebates range by model from $3,000 to $25,000: 400 GFX2 $25,000; 340 GFX $15,000; 280 GFX2 $10,000; 260 GFX2/260 STX $6,000; 240 GFX2/240 STX $3,000. Customers claim rebates via the Twin Vee Customer Portal and, once verified, receive payment directly. Management said the promotion also supports dealer recruitment and new model introductions planned for 2026.