Vision Marine Technologies Inc Stock Price, News & Analysis

Vision Marine Technologies (NASDAQ:VMAR) and German boatbuilder STERK have successfully completed internal hull optimization for the integration of Vision Marine's E-Motion™ 180E high-voltage electric propulsion system. The collaboration has resulted in a reimagined internal configuration supporting multiple battery layouts for both single and dual outboard applications.

The optimization allows for three to four high-voltage battery packs, demonstrating STERK's technical capability and commitment to electric propulsion integration. The milestone is part of an exclusive supply agreement between the companies, with next phases including system integration and sea trials in the upcoming month, followed by certification and commercial rollout.

This development represents a significant step in Vision Marine's strategy to establish itself as a leader in electric marine propulsion, particularly in premium boat segments. The partnership aims to combine STERK's precision engineering with Vision Marine's advanced electric propulsion technology to deliver high-performance electric boats at scale.

Vision Marine Technologies (NASDAQ:VMAR) has filed a new U.S. patent application with the USPTO for enhancing its E-Motion™ Electric High-Voltage Marine Powertrain technology. The patent focuses on a secure communication framework using token-based authentication to protect vessel systems from unauthorized access.

The technology features a secure gateway that mediates between external interface devices and internal CAN bus systems, protecting critical components like batteries, throttles, and motor controllers. A dynamic content server within the gateway enables real-time loading of control interfaces and diagnostic tools onto vessel dashboards without requiring physical access to sensitive hardware.

According to CTO Xavier Montagne, this innovation simplifies OEM integration while providing secure and intuitive control for manufacturers and consumers. The patent filing supports Vision Marine's commercialization strategy and strengthens its potential for third-party vessel integration.

Vision Marine Technologies (NASDAQ:VMAR) hosted a live investor demonstration event in Florida, showcasing its E-Motion™ electric powertrain technology across five different electric boats. The four-hour event featured various recreational platforms including pontoons, center consoles, and bowriders, powered by both inboard and outboard configurations of Vision Marine's 180E high-voltage propulsion system.

The demonstration highlighted the system's adaptability across different hull types, allowing attendees to experience firsthand the torque, low-noise operation, and integration capabilities. The company also displayed their racing catamaran that achieved speeds exceeding 116 mph at the 2023 Lake of the Ozarks Shootout.

The event took place near Vision Marine's Florida hub, where the company has maintained operations for over two years. This strategic location supports U.S. operations, facilitates manufacturer integration, and expands access to the Southeastern United States recreational boating market. The company is now focusing on accelerating its direct-to-consumer efforts while strengthening OEM partnerships.

Vision Marine Technologies (NASDAQ:VMAR) has announced a 10-for-1 reverse stock split effective March 31, 2025. The company's issued and outstanding common shares will be reduced from approximately 10,400,665 to 1,040,071 shares post-split.

The primary objective is to increase the per-share market price to maintain compliance with Nasdaq's minimum $1.00 bid price requirement (Rule 5550(a)(2)). The stock will continue trading under the symbol 'VMAR' with a new CUSIP number 92840Q301.

Proportionate adjustments will be made to exercise prices and outstanding equity awards. No fractional shares will be issued, and shareholders will receive one whole common share for any fractional interests. Vstock Transfer will serve as the exchange agent, with no action required from shareholders holding shares electronically or through brokers.

Vision Marine Technologies (NASDAQ:VMAR) has filed its 10th patent application for the E-Motion™ Electric Marine High Voltage Powertrain, focusing on Adaptive Control of a Water Pump in Marine Propulsion Systems. The new technology dynamically regulates pump operation based on real-time conditions, optimizing cooling efficiency and reducing energy consumption.

The adaptive control system introduces an innovative approach to thermal management by continuously monitoring fluid dynamics and adjusting voltage and pump speed to minimize wear while maintaining optimal cooling. This technology is fully integrated into Vision Marine's turn-key electric powertrain solutions to enhance propulsion system efficiency.

According to Xavier Montagne, Chief Technology Officer, this patent filing reinforces the company's technological leadership in developing high-performance, zero-emission marine power solutions.

Vision Marine Technologies (NASDAQ: VMAR), a leader in electric marine propulsion, has issued a statement addressing its resilience amid U.S.-Canada trade tariffs. The company emphasizes its established presence in the U.S. market through two operational entities and a specialized workforce in electric boat systems.

CEO Alexandre Mongeon highlighted the company's strategic U.S. market investment and local operations, stating these positions enable efficient adaptation to changing trade policies. Vision Marine is actively optimizing its supply chain and exploring initiatives to minimize potential tariff impacts while maintaining its focus on long-term growth in high-performance electric marine propulsion.

The company remains confident in the growing demand for electric propulsion technology as the marine industry shifts toward sustainable solutions, emphasizing its commitment to delivering zero-emission powertrains while maintaining operational and financial stability.

Vision Marine Technologies (NASDAQ:VMAR) has signed a three-year exclusive supply agreement with MS Marine GmbH (STERK), positioning VMAR as the sole provider of electric propulsion systems for STERK boats. The agreement includes exclusive global distribution rights for electric-powered Sterk vessels equipped with Vision Marine's systems.

Under the partnership, Vision Marine will integrate its E-Motion™ 180E electric propulsion system into STERK boats, which will be assembled in Germany using Vision Marine's battery packs. The collaboration strengthens VMAR's European presence while enabling expansion into the North American market.

The agreement includes quality assurance measures, with Vision Marine working to certify boats equipped with the E-Motion™ 180E system to meet CE, USCG, ABYC, and NMMA standards. Additionally, Vision Marine will provide technical training to STERK's workforce for optimal integration and support.

Vision Marine Technologies (Nasdaq: VMAR) has filed a new patent application for its Outboard Power Control Unit (PCU) designed for Electric Marine Vessels. The PCU features autonomous management of propulsion parameters and cooling operations, utilizing a dual-CAN bus architecture for enhanced communication with internal sensors and external vessel control units.

The PCU's distributed control system simplifies electric marine propulsion through its modular design, making it easier for manufacturers to integrate additional components. Key features include autonomous management of power, torque, and cooling, advanced safety mechanisms with 12V power-state electronic protection, and support for remote diagnostics and firmware updates.

This innovation strengthens Vision Marine's E-Motion™ propulsion line by offering superior control and safety features for the electric marine market. The PCU complements the E-Motion 180e powertrain, providing OEMs with a comprehensive solution that combines high performance with operational simplicity and safety.

Vision Marine Technologies (NASDAQ:VMAR) has announced a stock repurchase program approved by its Board of Directors, authorizing the buyback of up to 5% of its issued and outstanding common shares. The company plans to implement this through a 10b-18 trading plan, with the timing and amount of repurchases to be determined according to the plan.

As of February 20, 2025, Vision Marine has 9,813,429 common shares outstanding and a cash balance of approximately $10.6 million. The company's CEO, Alexandre Mongeon, stated that while Vision Marine has made significant progress in marine electrification, the current stock price doesn't reflect the company's value and potential. The repurchase program aims to enhance shareholder value and demonstrate confidence in their vision for industrialized, turnkey electric powertrain solutions.