Twin Vee PowerCats Announces New Bahama Boat Works Model Lineup, Expanding the Brand's Legacy of Excellence
Twin Vee PowerCats (Nasdaq:VEEE) announced the expansion of its Bahama Boat Works model lineup, following its recent acquisition. The company is introducing new 22', 24', 28', and 31' center console models to complement Bahama's existing 35'-41' range.
The expansion targets the monohull center console segment, which represents 90% of outboard-powered saltwater boat sales. The new models aim to attract younger buyers and families while maintaining Bahama's premium quality standards. Twin Vee has completed manufacturing integration of Bahama Boat Works and is proceeding with engineering and tooling for the new lineup.
Twin Vee PowerCats (Nasdaq:VEEE) ha annunciato l'espansione della sua linea di modelli Bahama Boat Works, a seguito della recente acquisizione. L'azienda sta introducendo nuovi modelli con console centrale da 22', 24', 28' e 31' per integrare la gamma esistente di Bahama, che va da 35' a 41'.
L'espansione è rivolta al segmento dei monoscafi con console centrale, che rappresenta il 90% delle vendite di barche da acqua salata con motore fuoribordo. I nuovi modelli mirano ad attrarre acquirenti più giovani e famiglie, mantenendo gli standard di qualità premium di Bahama. Twin Vee ha completato l'integrazione produttiva di Bahama Boat Works e sta procedendo con l'ingegneria e la realizzazione degli utensili per la nuova gamma.
Twin Vee PowerCats (Nasdaq:VEEE) anunció la expansión de su línea de modelos Bahama Boat Works, tras su reciente adquisición. La compañía está introduciendo nuevos modelos de consola central de 22', 24', 28' y 31' para complementar la gama existente de Bahama de 35' a 41'.
La expansión se enfoca en el segmento de monohull con consola central, que representa el 90% de las ventas de barcos de agua salada con motor fuera de borda. Los nuevos modelos buscan atraer a compradores más jóvenes y familias, manteniendo los estándares de calidad premium de Bahama. Twin Vee ha completado la integración de fabricación de Bahama Boat Works y continúa con la ingeniería y la fabricación de herramientas para la nueva línea.
Twin Vee PowerCats (나스닥:VEEE)는 최근 인수에 이어 Bahama Boat Works 모델 라인업을 확장한다고 발표했습니다. 회사는 기존 Bahama의 35'-41' 범위를 보완하기 위해 22', 24', 28', 31' 센터 콘솔 모델을 새롭게 선보입니다.
이번 확장은 외부 엔진을 사용하는 염수용 보트 판매의 90%를 차지하는 모노헐 센터 콘솔 세그먼트를 목표로 합니다. 새로운 모델들은 젊은 구매자와 가족을 유치하는 동시에 Bahama의 고급 품질 기준을 유지하는 것을 목표로 합니다. Twin Vee는 Bahama Boat Works의 제조 통합을 완료했으며, 새로운 라인업을 위한 엔지니어링과 공구 제작을 진행 중입니다.
Twin Vee PowerCats (Nasdaq : VEEE) a annoncé l'élargissement de sa gamme de modèles Bahama Boat Works, suite à sa récente acquisition. L'entreprise introduit de nouveaux modèles à console centrale de 22', 24', 28' et 31' pour compléter la gamme existante de Bahama, allant de 35' à 41'.
Cette expansion cible le segment des monocoques à console centrale, qui représente 90 % des ventes de bateaux à moteur hors-bord en eau salée. Les nouveaux modèles visent à attirer une clientèle plus jeune et des familles, tout en maintenant les standards de qualité premium de Bahama. Twin Vee a finalisé l'intégration de la production de Bahama Boat Works et poursuit l'ingénierie ainsi que l'outillage pour cette nouvelle gamme.
Twin Vee PowerCats (Nasdaq:VEEE) gab die Erweiterung seiner Bahama Boat Works Modellreihe nach der kürzlichen Übernahme bekannt. Das Unternehmen führt neue 22', 24', 28' und 31' Center-Console-Modelle ein, um die bestehende Bahama-Reihe von 35' bis 41' zu ergänzen.
Die Erweiterung richtet sich an das Monohull-Center-Console-Segment, das 90 % der verkauften Außenbordmotor-Salzwasserboote ausmacht. Die neuen Modelle sollen jüngere Käufer und Familien ansprechen und gleichzeitig Bahamas Premium-Qualitätsstandards beibehalten. Twin Vee hat die Produktionsintegration von Bahama Boat Works abgeschlossen und arbeitet nun an der Konstruktion und Werkzeugherstellung für die neue Modellreihe.
- Strategic expansion into monohull center console segment representing 90% of outboard-powered saltwater boat sales
- Broadening market reach with entry-to-mid-size range boats (22'-31')
- Completed manufacturing integration of Bahama Boat Works acquisition
- Potential to capture younger buyers and families with more accessible price points
- Significant investment required in engineering and production resources
- Potential challenges in maintaining premium quality standards across expanded product line
Insights
Twin Vee strategically expands into lucrative monohull market with smaller Bahama models, targeting 90% of saltwater boat sales.
Twin Vee's expansion of the Bahama Boat Works lineup represents a significant strategic diversification beyond their traditional catamaran focus. By developing smaller 22', 24', 28', and 31' center console models to complement Bahama's existing premium larger boats, Twin Vee is executing a calculated market penetration strategy targeting the monohull segment that comprises nearly 90% of outboard-powered saltwater boat sales.
This product line extension addresses a critical business limitation by broadening their addressable market substantially. The smaller models create entry points for first-time Bahama buyers while establishing a complete product ecosystem from entry-level to premium offerings. This tiered approach follows the proven marine industry playbook of capturing customers early and providing upgrade paths as their needs evolve.
From a manufacturing standpoint, Twin Vee has already completed integration of Bahama's operations, suggesting production efficiencies and cost synergies are being realized. By leveraging their existing manufacturing infrastructure for this expanded lineup, Twin Vee can likely achieve better economies of scale while maintaining the premium quality that justifies Bahama's higher price points.
The strategic importance cannot be overstated – Twin Vee is transitioning from a niche catamaran specialist to a multi-segment competitor with products addressing both specialized and mainstream markets. This diversification reduces business risk while creating multiple growth vectors in the recreational marine space, particularly in the higher-volume monohull segment that has traditionally dominated industry sales.
FORT PIERCE, FL / ACCESS Newswire / June 25, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the official development and expansion of a full-scale Bahama Boat Works model lineup. This announcement follows Twin Vee's recent acquisition of Bahama Boat Works, marking a significant strategic milestone as the Company brings a broader range of premium monohull center console boats to the recreational marine market.
The new Bahama lineup, under Twin Vee's direction, will include the addition of 22', 24', 28', and 31' center console models, providing an entry-to-mid-size range that complements Bahama's existing lineup of 35', 37', 41', and 41GT models. These additions create a comprehensive family of Bahama boats tailored to meet the needs of a wider variety of boaters, from coastal anglers and weekend cruisers to hardcore offshore fishermen, all while staying true to the brand's iconic heritage.
"These new models are being purpose-engineered from the keel up to embody Bahama's DNA: performance, durability, and uncompromising fit and finish," said Joseph Visconti, CEO and President of Twin Vee PowerCats Co. "The 22 through 31-foot models are being meticulously designed to reflect the same precision, clean lines, and premium features that define the Bahama experience."
The monohull center console segment comprises nearly
Twin Vee has completed manufacturing integration of Bahama Boat Works into its existing operations and is now executing on engineering and tooling across the new lineup. All new models will be built using advanced composite techniques, rigorous quality control, and the same attention to detail that has made Bahama synonymous with world-class craftsmanship.
"Every new Bahama model will carry forward the brand's core values: elegance in simplicity, structural integrity, and purpose-built performance," Visconti emphasized. "We are enhancing the Bahama name by giving more people access to what has historically been one of the most respected names in center console boating."
From 22 feet to 41 feet, the updated Bahama model family will deliver premium ride quality, intelligent design, and industry-leading durability. Twin Vee is investing in both engineering and production resources to ensure every Bahama boat, regardless of size, reflects the excellence that has earned the brand its loyal following. This expanded lineup reflects Twin Vee's broader vision to lead both the catamaran and monohull segments of the marine market by offering high-performance, thoughtfully designed boats for discerning owners who demand the best.
About Twin Vee PowerCats Co.
Twin Vee PowerCats Co. manufactures a range of boats designed for activities including fishing, cruising, and recreational use. Twin Vee PowerCats are recognized for their stable, fuel-efficient, and smooth-riding catamaran hull designs. Twin Vee is one of the most recognizable brand names in the catamaran sport boat category and is known as the "Best Riding Boats on the Water™." The Company is located in Fort Pierce, Florida, and has been building and selling boats for 30 years. Learn more at twinvee.com.
Visit Twin Vee PowerCats Co. on Facebook, Instagram, and YouTube.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and include statements regarding the development and expansion of a full-scale Bahama Boat Works model lineup, the new Bahama lineup including the addition of 22', 24', 28', and 31' center console models providing an entry-to-mid-size range that complements Bahama's existing lineup of 35', 37', 41', and 41GT models, creating a comprehensive family of Bahama boats tailored to meet the needs of a wider variety of boaters, from coastal anglers and weekend cruisers to hardcore offshore fishermen, all while staying true to the brand's iconic heritage, the new models embodying performance, durability, and uncompromising fit and finish, designing the 22 through 31-foot models to reflect the same precision, clean lines, and premium features that define the Bahama experience, Twin Vee's expansion into the monohull center console segment via the Bahama brand enabling the Company to effectively reach a broader audience while maintaining a focus on quality over quantity, smaller models opening doors for younger buyers, families, and seasoned enthusiasts who seek the quality of a Bahama build in a more accessible size and price range, executing on engineering and tooling across the new lineup, building all new models using advanced composite techniques, rigorous quality control, and the same attention to detail that has made Bahama synonymous with world-class craftsmanship, every new Bahama model carrying forward the brand's core values: elegance in simplicity, structural integrity, and purpose-built performance, enhancing the Bahama name by giving more people access to what has historically been one of the most respected names in center console boating, the updated Bahama model family delivering premium ride quality, intelligent design, and industry-leading durability, investing in both engineering and production resources to ensure every Bahama boat, regardless of size, reflects the excellence that has earned the brand its loyal following and leading both the catamaran and monohull segments of the marine market by offering high-performance, thoughtfully designed boats for discerning owners who demand the best. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to develop and expand its full-scale Bahama Boat Works model lineup, the Company's ability to create a comprehensive family of Bahama boats tailored to meet the needs of a wider variety of boaters, from coastal anglers and weekend cruisers to hardcore offshore fishermen, while staying true to the brand's heritage, the Company's ability to reach a broader audience while maintaining a focus on quality over quantity through its expansion via the Bahama brand into the monohull center console segment, the Company's ability to build the new models using advanced composite techniques, rigorous quality control, and the same attention to detail that has made Bahama synonymous with world-class craftsmanship, the Company's ability to carry forward the brand's core values with every Bahama model, the Company's ability to ensure every Bahama boat, regardless of size, reflects the excellence that has earned the brand its loyal following, the Company's ability to lead both the catamaran and monohull segments of the marine market by offering high-performance, thoughtfully designed boats for discerning owners who demand the best, and the risk factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, the Company's Quarterly Reports on Form 10-Q, the Company's Current Reports on Form 8-K and subsequent filings with the SEC. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.
Contact:
Glenn Sonoda
investor@twinvee.com
SOURCE: Twin Vee PowerCats Co.
View the original press release on ACCESS Newswire
FAQ
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