Twin Vee PowerCats Co. Announces Commencement of Bahama Boat Works Production and Customer Deliveries

Rhea-AI Summary

Twin Vee PowerCats Co (Nasdaq:VEEE) announced on November 12, 2025 that customer deliveries are commencing for the Bahama Boats line after Twin Vee acquired certain Bahama Boat Works assets earlier in 2025.

The company reports it has integrated the Bahama Boats brand into its Florida manufacturing platform, ramped production using advanced composite build processes, and begun a broader commercial rollout to the global sportfishing and high-performance boating market. Initial customer response is described as strong.

The Bahama lineup includes the Bahama 35 center console, retaining no-wood construction, a deep-water hull, and yacht-grade finishing. Twin Vee plans to scale output and expand dealer availability through 2026 while exploring additional domestic and international growth opportunities.

Insights

M&A and Operations Analyst

Commencement of Bahama Boats deliveries signals integration of an acquired brand and initial commercial rollout under Twin Vee.

Twin Vee has completed asset acquisition integration steps and begun customer deliveries for the acquired Bahama Boats line, showing the company moved from transaction to volume production at its Florida facility. The announcement explicitly cites the application of advanced composite build processes, expanded manufacturing resources, and an existing national and international dealer network to support supply into the sportfishing and high‑performance boating market.

The main dependencies are continued production ramp and dealer throughput, both mentioned as ongoing through 2026. Risks include execution slippage in scaling output and dealer distribution capacity; the release notes initial strong customer response but gives no concrete production volumes, shipment schedules, or revenue figures, so operational success remains to be verified by future disclosures.

Watch for measurable milestones within the next year: serial delivery counts, production capacity utilization, dealer inventory levels, and any disclosed revenue or backlog updates through 2026. Those items will concretely show whether this integration materially expands Twin Vee's commercial footprint or remains a limited brand extension.

FORT PIERCE, FLORIDA / ACCESS Newswire / November 12, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that customer deliveries will soon begin for the Bahama Boats line under Twin Vee's ownership. This milestone marks the successful integration of the Bahama Boats brand into Twin Vee's expanded manufacturing platform and the start of a broader commercial rollout to the global sportfishing and high-performance boating market.

Earlier this year, Twin Vee acquired certain assets from Bahama Boat Works, LLC relating to the Bahama Boats brand, uniting two highly respected names known for ride quality, offshore capability, and craftsmanship. The Company has since ramped production at its Florida facility, applying its advanced composite build processes and operational scale to support the continued growth of the brand. Initial customer response has been strong, which management believes reflects both the enduring loyalty of past owners and new market demand generated through Twin Vee's national and international dealer network.

"Our focus from day one has been to honor Bahama Boats' legacy while positioning the brand for its next chapter of growth," said Joseph Visconti, CEO and President of Twin Vee PowerCats Co. "The boats now coming off our production line reflect what Bahama Boats is known for: seaworthiness, craftsmanship, and performance, while benefiting from Twin Vee's expanded manufacturing resources, engineering capabilities, and distribution reach."

The Bahama Boats lineup, including the widely respected Bahama 35 center console platform, which continues to be built with Bahama Boats' signature no-wood construction, deep-water hull design, and premium yacht-grade finishing. Twin Vee will continue to scale its output and broaden availability through its dealer and customer channels throughout 2026, while exploring strategic growth opportunities in additional domestic and international markets.

About Twin Vee PowerCats Co.

Twin Vee PowerCats Co. manufactures a range of boats under the Twin Vee and Bahama Boats brands, 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™." Bahama Boats is an iconic luxury brand long celebrated for its unmatched craftsmanship, timeless aesthetic, and dedication to producing some of the finest offshore fishing vessels.

The Company is located in Fort Pierce, Florida, and has been building and selling boats for 30 years.

Learn more at twinvee.com and bahamaboatworks.com.

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 Bahama Boat Works model lineup, continuing to uphold the standards of the Bahama Boats brand under Twin Vee, maintaining and growing Twin Vee's customer base and dealer network nationally and internationally.

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 realize the benefits of its acquisition of the Bahama Boats brand, the Company's ability to produce new boats under the Bahama Boats brand, the Company's ability to continue to expand its customer base and dealer network, 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

What did Twin Vee (VEEE) announce on November 12, 2025 about Bahama Boats?

Twin Vee said it has begun customer deliveries for the Bahama Boats line after acquiring certain Bahama Boat Works assets and ramping production at its Florida facility.

How will Twin Vee produce Bahama Boats under the VEEE ownership in 2026?

Twin Vee plans to scale production using its advanced composite build processes at its Florida manufacturing platform and broaden dealer availability through 2026.

Which Bahama Boats model did Twin Vee highlight in the November 12, 2025 announcement?

The company highlighted the Bahama 35 center console, noting its no-wood construction, deep-water hull design, and yacht-grade finishing.

Does the Twin Vee announcement (VEEE) state when customer deliveries for Bahama Boats will begin?

The announcement said customer deliveries will soon begin and that initial customer response has been strong; no specific delivery dates were provided.

Will Twin Vee (VEEE) expand Bahama Boats internationally after the acquisition?

Twin Vee said it will broaden availability through its national and international dealer network and is exploring additional domestic and international markets.

What changes did Twin Vee (VEEE) make to Bahama Boats production after the asset acquisition?

Twin Vee integrated the brand into its expanded manufacturing platform, ramped production at its Florida facility, and applied its composite build processes and operational scale.