Nautical Ventures Expands Electric Division with Exclusive Taiga Personal Watercraft Distribution in Florida
Vision Marine Technologies (NASDAQ:VMAR) announced that its subsidiary, Nautical Ventures Group, has secured an exclusive distribution agreement with Taiga Motors for electric personal watercraft in key Florida markets. The partnership covers Miami-Dade, Broward, Palm Beach, and Hillsborough counties.
Nautical Ventures will provide a comprehensive platform including marketing, sales, service, and warranty support, backed by Vision Marine's high-voltage service expertise. The global personal watercraft market, valued at $1.9 billion in 2023, is projected to grow at over 5% CAGR through 2032. This strategic expansion aligns with Vision Marine's dual-pillar growth strategy, combining electric propulsion technologies with Nautical Ventures' retail infrastructure.
Vision Marine Technologies (NASDAQ:VMAR) ha annunciato che la sua controllata, Nautical Ventures Group, ha ottenuto un accordo di distribuzione esclusiva con Taiga Motors per mezzi d'acqua personali elettrici in mercati chiave della Florida. L'alleanza riguarda le contee di Miami-Dade, Broward, Palm Beach e Hillsborough.
Nautical Ventures offrirà una piattaforma completa che comprende marketing, vendite, assistenza e supporto in garanzia, supportata dall'expertise di Vision Marine sui servizi ad alta tensione. Il mercato globale dei mezzi d'acqua personali, stimato in $1,9 miliardi nel 2023, è previsto crescere a un tasso CAGR superiore al 5% entro il 2032. Questa espansione strategica è in linea con la strategia di crescita a doppio pilastro di Vision Marine, che combina tecnologie di propulsione elettrica con l'infrastruttura commerciale di Nautical Ventures.
Vision Marine Technologies (NASDAQ:VMAR) anunció que su subsidiaria, Nautical Ventures Group, ha obtenido un acuerdo de distribución exclusivo con Taiga Motors para motos acuáticas eléctricas en mercados clave de Florida. La asociación cubre los condados de Miami-Dade, Broward, Palm Beach y Hillsborough.
Nautical Ventures ofrecerá una plataforma integral que incluye marketing, ventas, servicio y soporte de garantía, respaldada por la experiencia de Vision Marine en servicios de alta tensión. El mercado global de motos acuáticas, valorado en $1.9 mil millones en 2023, se prevé que crezca a una CAGR superior al 5% hasta 2032. Esta expansión estratégica se alinea con la estrategia de crecimiento de Vision Marine de dos pilares, que combina tecnologías de propulsión eléctrica con la red minorista de Nautical Ventures.
Vision Marine Technologies (NASDAQ:VMAR)는 자회사인 Nautical Ventures Group이 Taiga Motors와 전기 개인용 수상 스포츠 장비에 대한 독점 유통 계약을 플로리다 주의 주요 시장에서 체결했다고 발표했습니다. 이 협력은 마이애미-데이드, 브로워드, 팜비치, 홀리스버러 카운티를 포함합니다.
Nautical Ventures는 마케팅, 판매, 서비스 및 보증 지원을 포함하는 포괄적인 플랫폼을 제공하며, Vision Marine의 고전압 서비스 전문 지식이 이를 뒷받침합니다. 전 세계 개인용 수상 스포츠 시장은 2023년 19억 달러로 평가되며, 2032년까지 연평균 성장률이 5%를 넘을 것으로 전망됩니다. 이 전략적 확장은 전기 추진 기술과 Nautical Ventures의 소매 인프라를 결합하는 Vision Marine의 이중 축 성장 전략과 일치합니다.
Vision Marine Technologies (NASDAQ:VMAR) a annoncé que sa filiale, Nautical Ventures Group, a conclu un accord de distribution exclusif avec Taiga Motors pour les motomarines électriques sur les marchés clés de la Floride. Le partenariat couvre les comtés de Miami-Dade, Broward, Palm Beach et Hillsborough.
Nautical Ventures fournira une plateforme complète incluant marketing, ventes, service et support de garantie, soutenue par l'expertise de Vision Marine en matière de service haute tension. Le marché mondial des motomarines est évalué à 1,9 milliard de dollars en 2023 et devrait afficher une croissance d'un taux annuel composé supérieur à 5% jusqu'en 2032. Cette expansion stratégique s'aligne sur la stratégie de croissance à deux piliers de Vision Marine, qui combine des technologies de propulsion électrique avec l'infrastructure commerciale de Nautical Ventures.
Vision Marine Technologies (NASDAQ:VMAR) gab bekannt, dass seine Tochtergesellschaft Nautical Ventures Group eine exklusive Vertriebspartnerschaft mit Taiga Motors für elektrische Personal-Watercraft in wichtigen Märkten Floridas geschlossen hat. Die Partnerschaft umfasst die Bezirke Miami-Dade, Broward, Palm Beach und Hillsborough.
Nautical Ventures wird eine umfassende Plattform bieten, einschließlich Marketing, Vertrieb, Service und Garantiesupport, unterstützt von Vision Marines Expertise im Hochspannungsservice. Der globale Markt für Personal-Watercraft wird auf 1,9 Milliarden USD im Jahr 2023 geschätzt und soll voraussichtlich bis 2032 mit einer CAGR von über 5% wachsen. Diese strategische Expansion steht im Einklang mit Vision Marines zweipfeiliger Wachstumsstrategie, die elektrische Antriebstechnologien mit der Einzelhandelsinfrastruktur von Nautical Ventures kombiniert.
Vision Marine Technologies (NASDAQ:VMAR) أعلنت أن شركتها التابعة، Nautical Ventures Group، وقعت اتفاقية توزيع حصرية مع Taiga Motors لمزودات مائية شخصية كهربائية في أسواق رئيسية بفلوريدا. تغطي الشراكة مقاطعات ميامي-ديد، بروارد، بالم بيتش وتيلسهاور.
ستوفر Nautical Ventures منصة شاملة تشمل التسويق والمبيعات وخدمة الدعم والضمان، مدعومة بخبرة Vision Marine في خدمات الجهد العالي. السوق العالمي للدراجات المائية الشخصية، بقيمة $1.9 مليار في 2023، من المتوقع أن ينمو بمعدل نمو سنوي مركب يقارب 5% حتى 2032. هذا التوسع الاستراتيجي يتماشى مع استراتيجية Vision Marine القائمة على دعمين محوريين، تجمع تقنيات الدفع الكهربائي مع البنية التحتية للبيع بالتجزئة لـ Nautical Ventures.
Vision Marine Technologies (NASDAQ:VMAR) 宣布，其子公司 Nautical Ventures Group 已与 Taiga Motors 签订独家分销协议，涉及佛罗里达州的关键市场的电动个人水上机。该合作覆盖迈阿密-戴德、布劳沃德、棕榈滩和希尔斯伯勒县。
Nautical Ventures 将提供包括市场营销、销售、服务和保修支持在内的综合平台，由 Vision Marine 在高压服务方面的专业知识提供支持。全球个人水上机市场在 2023 年估值为 $19 亿，预计到 2032 年将 以超过 5% 的年复合增长率增长。这一战略扩张符合 Vision Marine 的双支柱增长战略，将电动推进技术与 Nautical Ventures 的零售基础设施相结合。
- Exclusive distribution rights in key Florida markets for Taiga's electric watercraft
- Access to Florida's strategic personal watercraft market, the largest in the US
- Leverages existing infrastructure and expertise in high-voltage service
- Expands electric product portfolio while maintaining stable ICE boat revenue
- Heavy dependence on Florida market concentration
- Early-stage market for electric watercraft with uncertain adoption rates
Insights
Vision Marine's Nautical Ventures secures exclusive Taiga electric PWC distribution in key Florida markets, strategically expanding their electric marine portfolio.
Vision Marine's subsidiary Nautical Ventures has secured a strategic advantage in the burgeoning electric watercraft sector through this exclusive distribution agreement with Taiga Motors. This isn't merely a product addition – it represents a calculated expansion of Vision Marine's electric division in Florida's prime watercraft markets, which serve as the epicenter of U.S. personal watercraft sales.
The agreement's structure is particularly noteworthy as it goes beyond traditional dealership arrangements to create a vertically integrated platform spanning marketing, sales, service, and warranty support. This comprehensive approach addresses a critical barrier to electric watercraft adoption: consumer confidence in service and support infrastructure.
The market context strengthens this move's significance. With the global personal watercraft market valued at
This development aligns perfectly with Vision Marine's dual-pillar strategy: advancing proprietary electric propulsion technologies while leveraging Nautical Ventures' retail infrastructure to drive adoption. By curating premium electric products like Taiga's watercraft alongside SEABOB, Vision Marine is building a balanced portfolio that complements its traditional ICE boat business while preparing for the electric transition.
FORT LAUDERDALE, FLORIDA / ACCESS Newswire / September 29, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a company at the forefront of high-voltage electric propulsion and supported by an award-winning retail network, today announced that its wholly owned subsidiary, Nautical Ventures Group ("Nautical Ventures"), has completed a distribution agreement with Taiga Motors Inc. ("Taiga") to serve as the exclusive dealer and authorized service provider for Taiga's electric personal watercraft in major Florida markets.
This agreement goes beyond a traditional dealership model. Nautical Ventures provides a vertically integrated platform - from marketing and events to retail sales, service, and warranty - all delivered by a salesforce reinforced by Vision Marine's high-voltage service team expertise already established in Florida. This combination of specialized training, tools, and support reinforces consumer confidence and makes Nautical Ventures the ideal partner in Florida to introduce and sustain next-generation electric products.
Under the agreement, Nautical Ventures will have exclusive rights to distribute Taiga's electric personal watercraft across key Florida counties, including Miami-Dade, Broward, Palm Beach, and Hillsborough. Florida remains the epicentre of the U.S. personal watercraft market, reflecting the state's leadership in recreational boating activity. Globally, the personal watercraft market reached USD 1.9 billion in 2023 and is projected to grow at more than
"Through Nautical Ventures, we are curating a focused portfolio of electric products that meet clear criteria for our Florida customers - performance, safety, and serviceability," said Diego N. Conti, Head of Sales at Nautical Ventures. "Taiga's personal watercraft fits that brief and strengthens the Electric Division's offering. Our role is to make the right products easy to discover, purchase, and support across our network."
Phillip Sudano, Director of Network Operations at Taiga Motors, added: "We're entering an exciting new chapter at Taiga, with strong momentum behind our recently unveiled MY26 models and expanding partnerships around the globe. Florida is one of the most important watercraft markets in the world, and we're thrilled to partner with Nautical Ventures and their group of dealerships in Florida. Their forward-thinking approach, deep electric expertise, and proven retail platform make them the perfect partner to introduce and support Taiga's next-generation watercraft. Together, we're committed to building a strong foundation with Florida's boating community as electric adoption accelerates."
This expansion reflects the execution of Vision Marine's dual-pillar growth strategy: advancing proprietary electric propulsion technologies while leveraging Nautical Ventures' retail and service infrastructure as the adoption engine. With impactful additions such as Taiga's personal watercraft, alongside SEABOB, Nautical Ventures' Electric Division is building a curated portfolio of premium electric products. This portfolio complements its ICE boat business, which continues to represent the foundation of current revenues and provides balance to the Company's scalable model.
About Vision Marine Technologies Inc. and Nautical Ventures Group
Vision Marine Technologies Inc. (NASDAQ:VMAR) is at the forefront of high-voltage electric propulsion and electric boating, supported by Nautical Ventures Group, its award-winning retail network in Florida. Vision Marine brings to market the 180 HP E-Motion™ high-voltage electric outboard powertrain, which has been integrated across multiple OEM platforms and is protected by a growing portfolio of patents. Nautical Ventures, operating nine locations with a proven track record in sales and marketing, connects consumers to premium on-water experiences and serves as the adoption engine for Vision Marine's technology. Together, the two entities unite innovation and execution - advancing proprietary propulsion solutions while providing direct-to-consumer access across both electric and internal combustion product lines.
About Taiga Motors Inc.
Taiga Motors Inc. is a Canadian manufacturer of high-performance electric powersports vehicles. Its product portfolio includes electric snowmobiles, personal watercraft, and off-road vehicles, engineered to redefine outdoor recreation with zero emissions and uncompromising performance.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Factors that could affect such results include, among others, market adoption, execution of commercial agreements, regulatory developments, and economic conditions. Vision Marine disclaims any obligation to update these statements except as required by law.
Investor Relations Contact
Bruce Nurse
(303) 919-2913
bn@v-mti.com
https://investors.visionmarinetechnologies.com
SOURCE: Vision Marine Technologies Inc
View the original press release on ACCESS Newswire
FAQ
What is the distribution agreement between Vision Marine (NASDAQ:VMAR) and Taiga Motors?
What is the current size of the personal watercraft market in 2023?
How will Vision Marine's partnership with Taiga affect their business model?
What services will Nautical Ventures provide for Taiga's electric watercraft?
Why did Taiga Motors choose Florida for their distribution partnership?
