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Vision Marine Technologies Inc - VMAR STOCK NEWS

Welcome to our dedicated news page for Vision Marine Technologies (Ticker: VMAR), a resource for investors and traders seeking the latest updates and insights on Vision Marine Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vision Marine Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vision Marine Technologies's position in the market.

News
Vision Marine Technologies Reached New Milestone Achieved in Meeting Future Evolving HV Electric Boating Industry Standards - Test Cell Results
Rhea-AI Summary
Vision Marine Technologies Inc. (NASDAQ:VMAR) collaborates with McLaren Engineering to achieve a groundbreaking milestone in electric outboard propulsion, revolutionizing power measurement and efficiency. The company's E-Motion™ 180E Electric Powertrain Systems surpass expectations in power output, showcasing 97% and 87% efficiency for the electric motor and lower unit, respectively. This achievement sets a new standard in the nautical electric industry, emphasizing transparency, reliability, and sustainability in electric boating.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
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none
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News
Vision Marine Technologies Marks a Strategic Milestone with Neogy Startek's Advanced Lithium Battery Production Facility Completion
Rhea-AI Summary
Vision Marine Technologies Inc. announces the commissioning of its partner Neogy's lithium battery production facility in France, marking a significant milestone in electric marine propulsion. The facility, complying with strict safety regulations, will provide high-quality batteries for Vision Marine's electric boats. Neogy's expertise and production capacity of 500 MWh per year ensure rapid delivery and support services for Vision Marine and its clients. Vision Marine also focuses on advancing its E-Motion™ electric powertrain technology, selling its Newport Beach electric boat rental operations to fund further technological development. The company acknowledges Mario Saucier's contributions as a departing board member.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
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none
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News
Vision Marine Technologies Welcomes Raffi Sossoyan as Chief Financial Officer Amid Transition to Manufacturing and Delivery Phase
Rhea-AI Summary
Vision Marine Technologies Inc. appoints Raffi Sossoyan as the new CFO, bringing extensive financial and operational expertise to drive growth and success. The company aims to enhance manufacturing, production, and delivery capabilities, signaling a pivotal moment in its expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
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none
News
Vision Marine Technologies Announces Significant Purchase Order and Exclusive Distributorship Agreement with Nautical Ventures Marine Group
Rhea-AI Summary
Vision Marine Technologies Inc. (NASDAQ:VMAR) announces a partnership with Nautical Ventures Marine Group for 50 units of the Phantom, a sustainable electric boat, and an exclusive distributorship in South Florida. The collaboration aims to promote eco-friendly marine solutions and enhance market visibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
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none
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News
Vision Marine Technologies Inc. (NASDAQ: VMAR) at Threshold of Major Market Boom in Boating Space
Rhea-AI Summary
Vision Marine Technologies Inc. (NASDAQ: VMAR) is leading the electrification of the boating industry with its innovative E-Motion 180E electric marine powertrain. The shift towards electric boats is gaining momentum due to environmental concerns and the superior performance of electric motors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.18%
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none
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News
Vision Marine Technologies Inc. (NASDAQ: VMAR) ‘Disruptive Force’ in Electrification of Recreational Boating
Rhea-AI Summary
Vision Marine Technologies Inc. (NASDAQ: VMAR) is featured in an editorial by NetworkNewsWire discussing the rise of electric boats and the transformation of the transportation industry. The editorial highlights the shift towards electric propulsion in boats, mirroring the trend seen in electric cars, and the potential disruption in the marine market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
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none
News
Vision Marine Unveils its Phantom Rotomolded Boat and Secures Exclusive Florida Distribution Deal
Rhea-AI Summary
Vision Marine Technologies Inc. unveils the Phantom, a rotomolded, recyclable boat at the Miami International Boat Show 2024, offering economic and environmental benefits. Engineered for efficiency, the Phantom is cost-effective, scalable, and seats up to 10 passengers. With a high-density polyethylene hull, the Phantom is durable and eco-friendly, setting a new standard in the boating industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
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none
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News
Vision Marine Technologies, Inc. Appoints Anthony Cassella, Chief Accounting Officer of MarineMax, to the Board of Directors
Rhea-AI Summary
Vision Marine Technologies Inc. appoints Anthony E. Cassella Jr., Executive Vice President Finance and Chief Accounting Officer of MarineMax, Inc., to its Board of Directors. The move highlights Vision Marine's commitment to innovation and corporate governance, benefiting from Cassella's extensive experience in finance, mergers, and acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.06%
Tags
management
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News
Vision Marine Technologies Inc. Announces Close of $3.0 Million Private Placement of Convertible Preferred Shares and Warrants with Investissement Québec
Rhea-AI Summary
Vision Marine Technologies Inc. (NASDAQ:VMAR) has entered into a securities purchase agreement with the Government of Quebec, selling 3,000 convertible Series B Preferred Shares and warrants for gross proceeds of US$3.0 million. The shares are initially convertible into 2,857,142 common shares at a conversion price of US$1.05 per share. The Warrants have an exercise price of US$1.05 per share and will expire five (5) years from the date of issuance. The offering was made under Section 4(a)(2) of the Securities Act of 1933 and/or Rule 506(b) of Regulation D and has not been registered under the Act or applicable state securities laws.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
Tags
none
News
Vision Marine Technologies Inc. Closes Strategic Investment from the Government of Quebec, Through Investissement Quebec
Rhea-AI Summary
Vision Marine Technologies Inc. (NASDAQ:VMAR) announced that the Government of Québec is providing a financial contribution of up to 3 million US dollars in the form of a subscription to preferred shares. The investment aims at the development and commercialization of an electric propulsion system for outboard motors and electric boats. Vision Marine's CEO, Alexandre Mongeon, expressed pride in Investissement Québec's entry as a new shareholder, stating that the funding will enable the company to continue and accelerate its growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.63%
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none
Stock VMAR logo
Vision Marine Technologies Inc

Nasdaq:VMAR

VMAR Rankings

N/A Ranked by Market Cap
#4927 Ranked by Stock Gains
N/A Ranked by Dividends

VMAR Stock Data

7.54M
6.79M
41.7%
5.81%
2.32%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
Canada
Boisbriand

About VMAR

vision marine technologies, inc., (nasdaq: vmar) strives to change and be a contributing factor in fighting the problem of waterway pollution by disrupting the boating industry with electric power, contributing to zero pollution, zero emission, wave less water, and a noiseless environment. the company’s flagship outboard powertrain is the first fully electric outboard motor that combines an advanced battery pack, inverter, and high efficiency motor. we continue to design, innovate, manufacture, and sell our handcrafted, high performance, environmentally friendly, electric recreational powerboats to recreational customers.