Activation Following Lake Berryessa Electric Boat Festival Title Sponsorship

Vision Marine (NASDAQ: VMAR) completed its role as Title Sponsor of the Lake Berryessa Electric Boat Festival, held June 5–6, 2026, at Pleasure Cove Marina in Napa, California.

Rhea-AI Summary

Vision Marine (NASDAQ: VMAR) completed its role as Title Sponsor of the Lake Berryessa Electric Boat Festival, held June 5–6, 2026, at Pleasure Cove Marina in Napa, California.

The company showcased three electric boats and, by its estimates, conducted about 60 on‑water demonstration rides in this strategic California market.

Argus Jun 11 session

-0.46% close to close Open Argus

Details

News Market Reaction – VMAR

On Jun 11, the day this news came out, VMAR closed 0.46% below the previous close.

Data tracked by StockTitan Argus for the Jun 11 session.

Key Figures

On-water demo rides: approximately 60 rides Featured electric boats: 3 boats Festival duration: 2 days +1 more

On-water demo rides

approximately 60 rides

Demonstrations across three electric boats at Lake Berryessa festival

Featured electric boats

3 boats

Sterk 31E, SPECTR 26, Fantail 217 showcased at event

Festival duration

2 days

Lake Berryessa Electric Boat Festival, June 5–6, 2026

Industry leaders

more than 80

Attendees at Electric Marine Leadership Summit per organizers

Historical Context

5 past events · Latest: Jun 10

5 events

1. Jun 10

   Technology partnership

   24h Move

   -2.1%

   Extended Nextfour Q Display supply agreement for E-Motion™ through 2029.

2. Jun 09

   Tech & financing

   24h Move

   -16.5%

   E-Motion™ system upgrades and US$2.41M net raised via ATM equity program.

3. Jun 04

   Manufacturing update

   24h Move

   -8.1%

   Improved PDU manufacturability and contract manufacturer engaged for planning.

4. Jun 03

   Retail expansion

   24h Move

   -5.2%

   Opened new Dania Beach marine technology and on-water experience center.

5. Jun 02

   Product advancement

   24h Move

   -11.5%

   Received Octillion high-voltage sample packs with higher energy capacity.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

high-voltage marine propulsion, charging infrastructure, marina electrification, commercialization opportunities, +1 more

5 terms

high-voltage marine propulsion technical

"a company specializing in high-voltage marine propulsion and a vertically integrated"

High-voltage marine propulsion is a ship power system that uses higher electrical voltages to drive engines and onboard systems, allowing more power to flow with smaller cables and less energy loss. Think of it like upgrading from a garden hose to a wider pipe so the same pump moves more water more efficiently. For investors, it matters because it can cut fuel and operating costs, enable larger batteries or electric drives, affect build and maintenance costs, and influence compliance with emissions rules — all of which shape fleet value and demand.

charging infrastructure technical

"charging infrastructure providers, investors, workforce development organizations"

Charging infrastructure is the network of electric vehicle chargers, power supplies, software and physical sites (like curbside stations and parking lots) that lets electric cars recharge. Investors care because it is the backbone that enables electric vehicle adoption and recurring revenue from usage, similar to how gas stations and highways support gasoline cars; strong infrastructure growth can boost demand for related companies and real estate owners.

marina electrification technical

"Summit discussions included charging infrastructure, marina electrification, vessel technology"

Marina electrification is the process of adding or upgrading electrical infrastructure at boat harbors so vessels, dockside equipment and facilities can run on electricity instead of diesel or gasoline. Think of it as replacing a gas station with charging stations for boats and harbor equipment; it matters to investors because it creates new revenue streams, can lower operating costs, attracts eco-conscious customers, and aligns with rules or incentives favoring low-emission ports.

commercialization opportunities technical

"workforce development, commercialization opportunities and policy considerations"

Commercialization opportunities are the practical ways a company can turn a product, technology, or service into paying customers and ongoing revenue—think of taking a prototype from the lab and putting it on store shelves or subscription lists. For investors, these opportunities show the size of the possible market, how quickly sales might start, and how risky or profitable those sales could be, so they directly influence future earnings and the company’s value.

electric marine sector technical

"policy considerations for the growing electric marine sector."

Electric marine sector covers companies and technologies that power boats, ships and related equipment using electricity instead of conventional fossil fuels; this includes electric propulsion systems, batteries, charging infrastructure and hybrid solutions for commercial and recreational vessels. Investors watch it because shifting to electric systems can cut operating costs, meet stricter environmental rules, and open new markets—similar to the way electric cars reshaped the auto industry—affecting future revenue growth, capital needs and regulatory risks for firms involved.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Market Activation / Brand Visibility

As Title Sponsor, Vision Marine Technologies converted a high-visibility California electric boating event into direct product exposure, completing approximately 60 on-water demonstration rides across three featured electric boats.

BOISBRIAND, QC, June 11, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (TSXV: VMAR) ("Vision Marine" or the "Company"), a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform, today announced the successful completion of its market activation as Title Sponsor of the Lake Berryessa Electric Boat Festival, held June 5-6, 2026, at Pleasure Cove Marina in Napa, California.

Produced by Sea Watts and hosted by Pleasure Cove Marina, the two-day event brought together vessel manufacturers, marina operators, utilities, policymakers, charging infrastructure providers, investors, workforce development organizations, technology companies and boating consumers. According to event organizers, the Electric Marine Leadership Summit convened more than 80 industry leaders, followed by hundreds of public attendees at the festival.

Vision Marine used the event to put its electric boating portfolio directly on the water in a strategic California market. The Company showcased the Sterk 31E featuring dual E-Motion™ 180E propulsion systems, SPECTR 26 and Fantail 217. Based on Company estimates, Vision Marine completed approximately 60 on-water demonstration rides across its three featured boats.

"The Lake Berryessa Electric Boat Festival demonstrated why direct market activation matters," said Maxime Poudrier, Chief Operating Officer of Vision Marine. "Electric boating is an experience-driven category. Putting consumers, marina operators, industry participants, media and investors directly on the water gives them the clearest way to understand the performance, simplicity and appeal of the technology. For Vision Marine, approximately 60 demonstration rides across our featured boats represents a meaningful product exposure milestone in a strategic California market."

The event also served as an industry working forum focused on practical requirements for electric boating adoption across consumer and commercial applications. Summit discussions included charging infrastructure, marina electrification, vessel technology, workforce development, commercialization opportunities and policy considerations for the growing electric marine sector.

"Vision Marine's role as Title Sponsor helped bring electric boating directly to the water for consumers and industry leaders," said Ollie Danner, Founder and CEO of Sea Watts. "The event showed that marine electrification has moved beyond discussion, with companies like Vision Marine demonstrating real products in real boating conditions."

Vision Marine believes the event reinforced the value of combining technology, retail access, service infrastructure and direct consumer experience. By participating as Title Sponsor and delivering on-water demonstrations, the Company strengthened its visibility in a key electric mobility market while engaging with industry stakeholders working to advance practical adoption across recreational and commercial marine applications.

About Lake Berryessa Electric Boat Festival

The Lake Berryessa Electric Boat Festival is a Northern California electric boating and waterfront lifestyle event held at Pleasure Cove Marina in Napa, California. Produced by Sea Watts, the event brings together electric boat manufacturers, marine technology companies, marina operators, utilities, policymakers, investors, media and consumers for on-water demonstrations, industry programming, VIP experiences and public festival activities. Positioned near Napa Valley, San Francisco and Sacramento, the festival combines electric marine innovation with a premium outdoor lifestyle setting, creating a platform for product discovery, consumer education and direct engagement with electric boating.

About Vision Marine Technologies Inc.

Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a company specializing in high-voltage marine propulsion and a vertically integrated multi-brand boat retail and service platform. Through its proprietary E-Motion™ electric propulsion technology and its ownership of Nautical Ventures, an award-winning marine dealership network with eight locations across Florida, Vision Marine combines advanced marine engineering, intellectual property development and direct-to-consumer market access.

The Company's integrated platform spans propulsion technology, boat manufacturing partnerships, retail distribution and aftersales service, enabling scalable deployment across both electric and internal combustion engine ("ICE") segments. Vision Marine continues to focus on enhancing the overall boating experience through marine-specific innovation, operational execution and customer engagement.

Forward-Looking Statements

Certain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements include, without limitation, statements regarding the Company's participation in and expected benefits from the Lake Berryessa Electric Boat Festival; anticipated brand visibility, consumer engagement, media exposure and investor awareness resulting from the event; the Company's expectations regarding market activation strategies, product demonstrations and direct-to-consumer engagement initiatives; the anticipated showcase and performance of the Company's electric marine products and technologies; the Company's positioning within the electric marine industry; the growth, adoption and commercialization of electric marine propulsion technologies; future product development initiatives; the expansion and execution of the Company's retail, distribution and service platform; OEM, dealer and strategic partnership opportunities; and the Company's overall business strategy, growth plans and market opportunities.

Forward-looking statements are typically identified by words such as "expects," "anticipates," "believes," "plans," "intends," "may," "will," "should," "continue," "potential," "future," "growth," "strategy," and similar expressions, although not all forward-looking statements contain such terminology.

These statements are based on management's current expectations, assumptions and beliefs and are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements.

Such risks and uncertainties include, without limitation: the Company's ability to continue as a going concern; risks related to liquidity and capital resources; risks associated with event participation, product availability and market activation initiatives; risks relating to consumer demand and market acceptance of electric marine propulsion technology; general economic, business, regulatory, competitive, market and industry conditions; dependence on key suppliers, manufacturers and strategic relationships; risks associated with the integration and operation of Nautical Ventures; inventory management and floor plan financing risks; fluctuations in demand for recreational boating products; the Company's ability to access additional financing on acceptable terms or at all; and other risks disclosed in the Company's public filings with the SEC and Canadian securities regulatory authorities.

Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this press release.

 

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SOURCE Vision Marine Technologies, Inc

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Vision Marine (NASDAQ: VMAR) announce about the Lake Berryessa Electric Boat Festival?

Vision Marine announced it successfully completed its role as Title Sponsor of the Lake Berryessa Electric Boat Festival. According to Vision Marine, the June 5–6, 2026 event in Napa, California, showcased its electric boats and supported engagement with consumers and industry stakeholders.

How many electric boat demonstration rides did VMAR conduct at the Lake Berryessa event?

Vision Marine estimates it completed approximately 60 on-water demonstration rides across three featured electric boats. According to Vision Marine, these rides provided direct exposure to its E-Motion 180E-powered Sterk 31E, SPECTR 26, and Fantail 217 models in a key California market.

Which Vision Marine boats were showcased at the Lake Berryessa Electric Boat Festival 2026?

Vision Marine showcased the Sterk 31E with dual E-Motion 180E propulsion systems, the SPECTR 26, and the Fantail 217. According to Vision Marine, these models represented its electric boating portfolio during on-water demonstrations at the June 2026 Lake Berryessa event.

What was the Electric Marine Leadership Summit held with the Lake Berryessa festival?

The Electric Marine Leadership Summit convened more than 80 industry leaders before the public festival. According to event organizers, it gathered manufacturers, marina operators, utilities, policymakers, and others to discuss charging infrastructure, marina electrification, technology, workforce development, and policy for electric marine adoption.

How did Vision Marine describe the strategic importance of the Lake Berryessa activation for VMAR?

Vision Marine described the activation as reinforcing the value of combining technology, retail access, service infrastructure, and direct consumer experience. According to Vision Marine, Title Sponsorship and on-water demonstrations strengthened its visibility in a strategic California electric mobility market.

Who produced and hosted the Lake Berryessa Electric Boat Festival where VMAR was Title Sponsor?

The Lake Berryessa Electric Boat Festival was produced by Sea Watts and hosted by Pleasure Cove Marina. According to Vision Marine, the two-day event brought together companies, utilities, policymakers, investors, and consumers focused on electric boating and marine electrification.