Vision Marine Technologies Inc Stock Price, News & Analysis

Vision Marine Technologies (NASDAQ:VMAR) has expanded its Electric Representative Training Program across Nautical Ventures' Florida dealership network. The company has successfully completed the first phase of training for its E-Motion™ 180E, the industry's first certified 180 HP continuous electric outboard.

The company has already delivered two E-Motion™ 180E-equipped boats to customers, with additional integrations scheduled for delivery next month. The next phase includes on-water training sessions and demonstration boats. Nautical Ventures Group now has multiple Vision electric boats available for immediate delivery at its east and west coast showrooms.

Vision Marine Technologies (NASDAQ:VMAR) announced a strategic auction of discontinued, overstocked, and clearance parts inventory from its Nautical Ventures operations in Florida. The auction, scheduled for September 16-18, 2025, is expected to generate between $1.3 million and $1.8 million in non-dilutive capital.

The initiative will free up approximately 5,000 square feet at the company's Fort Lauderdale waterfront marina, which will be repurposed into an integration center and sales office with direct water access. This operational optimization aims to expand service bays and electric integration capacity while strengthening the company's balance sheet.

Vision Marine Technologies (NASDAQ:VMAR) has launched a dedicated electric boating division within Nautical Ventures Group, focusing on comprehensive EV marine experiences. The division will feature Vision Marine's E-Motion™ electric propulsion and boat lineup, alongside premium electric water toys including Seabob through a renewed dealer agreement with Cayago Americas.

The initiative capitalizes on strong market projections, with the North American recreational boating market expected to reach $15.0 billion by 2033 at a 4.5% CAGR. Additionally, the watercraft accessories market is forecasted to grow from $8.2 billion in 2025 to $15.7 billion by 2035 at a 6.1% CAGR. The new division will leverage Nautical Ventures' nine-location retail network to accelerate electric boating adoption nationwide.

Vision Marine Technologies (NASDAQ:VMAR) has appointed Maxime Poudrier as Chief Operating Officer to strengthen its operational structure. Previously serving as Head of Growth & Strategic Partnerships, Poudrier played a key role in developing the company's E-Motion™ 180E propulsion system and expanding OEM partnerships.

As COO, Poudrier will oversee a company-wide structuring process focusing on two main pillars: technology leadership and consumer adoption. His responsibilities include operational oversight, OEM management, budgeting, and human capital planning. With over 10 years of executive experience in automotive and industrial sectors, Poudrier brings significant expertise in M&A and strategic growth.

Vision Marine Technologies (NASDAQ:VMAR) maintains its world record for electric boats with its 116-mph speed record set at the Lake of the Ozarks Shootout, achieved in collaboration with Shaun Torrente Racing. The company's E-Motion™ 180E, a 180-horsepower high-voltage outboard, has been successfully integrated into 25 different boat platforms.

Through its Nautical Ventures division, which operates nine retail locations in Florida and generates over $100 million in annual boat sales, Vision Marine is expanding its market presence. The division serves a customer database exceeding 50,000 boaters, providing a robust infrastructure for E-Motion™ technology distribution.

Vision Marine Technologies (NASDAQ:VMAR), a leader in electric marine propulsion systems, has completed its public offering of 3.5 million shares at $2.00 per share, raising $7 million in gross proceeds before deducting expenses.

The offering includes pre-funded warrants and grants underwriters a 45-day option to purchase up to 525,000 additional shares. ThinkEquity served as the sole book-running manager. The company plans to use proceeds for working capital, general corporate purposes, and potential strategic acquisitions.

Vision Marine Technologies (NASDAQ:VMAR), a leader in high-voltage electric marine propulsion systems, has announced the pricing of its public offering of 3.5 million shares at $2.00 per share.

The offering, expected to close on August 18, 2025, aims to raise $7 million in gross proceeds before deducting underwriting discounts and expenses. The company has granted underwriters a 45-day option to purchase up to an additional 525,000 shares to cover over-allotments. ThinkEquity is serving as the sole book-runner for the offering.

Vision Marine plans to use the proceeds for general corporate purposes, working capital, and potential acquisitions or strategic investments in complementary businesses or technologies.

Vision Marine Technologies (NASDAQ:VMAR) has received formal approval from the New York State County Supreme Court, Commercial Division, for its previously announced settlement. The court's approval, granted on August 13, 2025, resolves an outstanding legal claim involving certain shareholders that was initially announced on May 16, 2025.

Vision Marine Technologies (NASDAQ:VMAR) has announced that its subsidiary Nautical Ventures has signed a Letter of Intent with Nimbus Boats USA for exclusive distribution rights on Florida's West Coast. The definitive agreements are expected to be finalized by March 31, 2026, with operations beginning August 1, 2025.

This strategic move follows Vision Marine's June 2025 acquisition of Nautical Ventures, a major Florida-based dealership network. The partnership will expand Vision Marine's premium boat portfolio, adding Nimbus's renowned Tender, Commuter, Weekender, and Coupe series to their lineup. The expansion is well-timed, as Florida represents the largest market for new powerboats, with $6.4 billion in sales in 2023, and industry projections indicate a 3-5% growth in total boating expenditures above 2024's levels.