Twin Vee PowerCats Co. Launches Black Line Defense, a New Wholly Owned Subsidiary Focused on Autonomous and Government Maritime Solutions

Rhea-AI Summary

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.

Key Figures

Net sales: $14.4M Net loss: $14.0M Net sales: $11.8M +5 more

8 metrics

Net sales $14.4M Full year 2024 net sales (S-1/A)

Net loss $14.0M Full year 2024 net loss (S-1/A)

Net sales $11.8M Nine months ended Sep 30, 2025 (S-1/A)

Net loss $6.0M Nine months ended Sep 30, 2025 (S-1/A)

Offering price $1.65 per share Assumed price for best-efforts S-1/A offering

Estimated net proceeds $15.8M Net proceeds from S-1/A offering if fully placed

Q3 2025 net sales $3,428,977 Quarter ended Sep 30, 2025 (10-Q)

Q3 2025 net loss $2,755,513 Quarter ended Sep 30, 2025 (10-Q)

Market Reality Check

Price: $1.48 Vol: Volume 388,290 is below t...

normal vol

$1.48 Last Close

Volume Volume 388,290 is below the 20-day average of 531,848, suggesting modest participation in the move. normal

Technical Shares trade below the 200-day MA, at $1.54 versus the MA near $2.24, despite the defense-focused announcement.

Peers on Argus

VEEE is up 11.59% while key peers show mixed moves (e.g., EZGO, KNDI, MCFT up; V...

1 Down

VEEE is up 11.59% while key peers show mixed moves (e.g., EZGO, KNDI, MCFT up; VMAR, MAMO down), indicating a stock-specific reaction rather than a broad recreational/boat sector trend.

Historical Context

5 past events · Latest: Jan 21 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 21	Strategic partnership	Positive	+4.7%	Partnership with Mercury Marine to accelerate Bahama Boat Works growth.
Jan 16	Corporate update event	Positive	+0.7%	Announcement of strategic corporate update webinar for investors and media.
Jan 12	Sales promotion	Positive	-15.3%	New Year Savings Event with sizable cash rebates on multiple boat models.
Jan 08	New dealer agreement	Positive	+1.0%	Appointment of The Boat Yard as a new Louisiana dealer in key Gulf region.
Jan 06	Autonomous tech initiative	Positive	+13.2%	Formation of a committee to advance autonomous marine technologies for defense.

Pattern Detected

Most prior strategic and partnership announcements saw positive price alignment, with one notable divergence on a promotional sales event.

Recent Company History

Over recent months, Twin Vee highlighted dealer expansion, promotional rebates, and a major Mercury Marine partnership for Bahama Boat Works, alongside an autonomous marine steering committee on Jan 6, 2026. Those strategic and technology updates often coincided with positive moves, including a 13.22% gain on the AI/autonomous news. Today’s launch of Black Line Defense extends that autonomous and defense narrative, building on prior steps toward government and mission-focused maritime applications.

Market Pulse Summary

This announcement extends Twin Vee’s shift toward autonomous and government-focused maritime solutio...

Analysis

This announcement extends Twin Vee’s shift toward autonomous and government-focused maritime solutions through its new Black Line Defense subsidiary. It builds on prior moves, including the autonomous steering committee on Jan 6, 2026, while the company continues to report significant losses, such as $14.0M in 2024 and $6.0M over the first nine months of 2025. Investors may watch for concrete defense contracts, revenue trends, and progress on planned equity offerings to assess execution.

Key Terms

autonomous, Department of Defense, Department of Homeland Security, Small Unmanned Surface Vessel, +1 more

5 terms

autonomous technical

"dedicated to advancing crewed and autonomous mission‑ready maritime solutions"

Autonomous describes machines, vehicles, or systems that can perform tasks and make decisions on their own using sensors, software, and computing power, with little or no human guidance. For investors, autonomy matters because it can reduce ongoing labor costs, create new product categories, change regulatory risk, and open revenue opportunities; think of it like a self‑driving car or a factory robot that can work without a human constantly steering it.

Department of Defense regulatory

"opportunities with the Department of Defense, the Department of Homeland Security"

The Department of Defense is a government agency responsible for overseeing the country's military forces and national security. It manages defense strategies, military operations, and related budgets to protect the nation from threats. For investors, understanding its role helps gauge government priorities and potential impacts on defense-related industries and national security policies.

Department of Homeland Security regulatory

"opportunities with the Department of Defense, the Department of Homeland Security"

A federal agency responsible for protecting the country from threats at home, including border security, emergency response, transportation safety, and cybersecurity. For investors it matters because the agency sets rules, awards large contracts, and can trigger market-moving actions during crises—similar to a city’s safety department that both prevents danger and hires contractors to fix problems, so its policies and spending can affect costs, revenue and risk across many industries.

Small Unmanned Surface Vessel technical

"scale up 'Small Unmanned Surface Vessel' (sUSV) production to meet demand"

A small unmanned surface vessel is a motorized boat that operates on the water without onboard crew, controlled remotely or following pre-set instructions. Investors care because these compact, lower-cost platforms enable new commercial and defense uses—like surveillance, data collection, or cargo movement—so companies making or using them can scale operations, cut labor costs, and open revenue from emerging maritime services much like drones did for air delivery and inspection.

vertically integrated technical

"Twin Vee operates a vertically integrated manufacturing facility with in-house design"

Vertically integrated describes a company that owns and controls multiple steps in making and selling its products or services — for example sourcing raw materials, manufacturing, and distribution. Like a bakery that grows its own wheat, mills the flour, bakes the bread and runs the shops, this setup can lower costs, improve quality and speed to market and protect profit margins, but it also requires more capital and can reduce flexibility.

AI-generated analysis. Not financial advice.

FORT PIERCE, FLORIDA / ACCESS Newswire / February 2, 2026 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the launch of Black Line Defense, a wholly owned subsidiary dedicated to advancing crewed and autonomous mission‑ready maritime solutions for defense and government customers. Demand for reliable, high‑performance platforms continues to grow across federal, state, and municipal agencies, creating a significant opportunity for Twin Vee to apply its proven manufacturing capabilities and advanced technologies.

Rendering of a 22-foot power catamaran

Black Line Defense is built on Twin Vee's existing manufacturing infrastructure, engineering capabilities, and decades of real-world marine experience. Twin Vee already designs and builds vessels that are actively inspected and evaluated by government entities. Management expects that establishing Black Line Defense as a dedicated subsidiary enables the Company to pursue defense and government programs with the focus, compliance structure, and contracting discipline these markets require.

"We believe that Twin Vee has the right foundation to compete in the government and defense markets, and Black Line Defense builds directly on that strength," said Carol Craig, member of Twin Vee's Board of Directors and CEO and Founder of Sidus Space. "The combination of proven marine platforms, advanced technologies, and disciplined execution positions the Company to pursue meaningful opportunities with agencies that require reliable, high‑performance solutions."

Rendering of a 22-foot power catamaran

Black Line Defense will identify, explore, and pursue potential autonomous maritime opportunities with the Department of Defense, the Department of Homeland Security, maritime interdiction and patrol agencies, port and coastal security operators, and other government organizations that require dependable, mission‑ready boats.

"We've been steadily expanding our engineering capabilities and production capacity, and Black Line Defense is the next logical step," said Joseph Visconti, President and CEO of Twin Vee PowerCats Co. "By combining our advanced technologies with the manufacturing foundation we've built over decades, we predict that we can pursue autonomous, government, and defense opportunities with confidence and discipline."

Rendering of a 24-foot power catamaran

To support this strategy, Twin Vee is building on years of experience supplying vessels to municipalities, colleges, fire departments, and state agencies. "Over the years, I've personally designed and built boats for state and municipal organizations with demanding, real‑world requirements," added Preston Yarborough, Vice President of Twin Vee PowerCats Co. "Those projects require durability, reliability, and clear accountability. Black Line Defense builds directly on that experience, allowing us to deliver mission‑ready platforms that agencies can trust from day one."

"Our background provides Black Line Defense with immediate credibility and a clear understanding of the performance, documentation, and accountability standards required in government procurement," remarked Visconti. "We believe that Twin Vee's infrastructure would allow us to efficiently scale up 'Small Unmanned Surface Vessel' (sUSV) production to meet demand."

According to Visconti, Twin Vee operates a vertically integrated manufacturing facility with in-house design, engineering, tooling, mold construction, composite fabrication, wire harness manufacturing, propulsion integration, and final assembly. The Company has also commissioned a 46-foot, five-axis CNC router, enabling the internal development of large-scale tooling, molds, and composite structures.

Black Line Defense intends to focus on adapting proven hulls into mission‑specific platforms rather than developing experimental vessels. The Company believes that this approach reduces technical risk, shortens development timelines, and enables faster entry into government programs that demand reliability, scalability, and domestic manufacturing.

Rendering of a 41-foot monohull

"Black Line Defense is not a concept company," Visconti added. "It is built on real boats, real facilities, and real experience. Our goal is to compete for meaningful government programs by delivering platforms that can be fielded, supported, and scaled."

About Black Line Defense

Black Line Defense is a defense and government maritime company focused on autonomous and crewed vessel solutions for the U.S. Department of Defense and state and local agencies. The company leverages Twin Vee PowerCats' manufacturing infrastructure, engineering expertise, and operational experience to deliver mission-ready platforms.

Learn more at blacklinedefenseusa.com

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 continued and growing demand for maritime solutions among defense and government customers as well as the Company's continued expansion of its engineering capabilities and production capacity.

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 ability of the Company to pursue meaningful opportunities in government procurement, the Company's ability to leverage its current manufacturing capabilities and advanced technologies to meet the performance, documentation, and accountability standards required in government procurement, the ability of the Company to efficiently scale up its infrastructure to meet anticipated demand, 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 is Twin Vee (VEEE) announcing with Black Line Defense on February 2, 2026?

Twin Vee launched Black Line Defense, a wholly owned subsidiary focused on government and defense maritime solutions. According to Twin Vee, the subsidiary will pursue crewed and autonomous opportunities using the company's manufacturing and engineering capabilities.

How will Black Line Defense leverage Twin Vee's manufacturing to pursue DoD and DHS contracts?

Black Line Defense will use Twin Vee's vertically integrated facility and in‑house engineering to bid on government programs. According to Twin Vee, this includes tooling, composite fabrication, propulsion integration, and final assembly capacity to meet agency procurement standards.

Does Twin Vee (VEEE) have experience supplying vessels to government and municipal customers?

Yes. Twin Vee has previously supplied vessels to municipalities, colleges, fire departments, and state agencies. According to Twin Vee, that background provides immediate credibility and insight into performance, documentation, and accountability standards for government procurement.

What production capabilities did Twin Vee highlight to support Black Line Defense initiatives?

Twin Vee cited a vertically integrated plant and a commissioned 46‑foot, five‑axis CNC router for large tooling and composite structures. According to Twin Vee, these assets enable internal development of molds and scaleable production for mission‑ready platforms.

Will Black Line Defense develop experimental vessels or adapt existing hulls for government programs?

Black Line Defense intends to adapt proven hulls into mission‑specific platforms rather than pursue experimental designs. According to Twin Vee, this approach is meant to reduce technical risk, shorten development timelines, and speed entry into government programs.