Welcome to our dedicated page for Vision Marine Technologies news (Ticker: VMAR), a resource for investors and traders seeking the latest updates and insights on Vision Marine Technologies stock.
Vision Marine Technologies Inc (NASDAQ: VMAR) is a leader in electric marine propulsion systems, driving innovation in sustainable boating solutions. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Investors and industry observers will find timely updates on earnings reports, product launches, and partnerships that shape VMAR's position in the marine technology sector. Our curated collection includes press releases related to the E-Motion™ powertrain advancements, sustainability initiatives, and market expansion efforts across North America and Europe.
Key content areas include technical innovations in zero-emission propulsion, regulatory milestones for marine transport, and operational updates from both sales and rental business segments. Bookmark this page to stay informed about Vision Marine's progress in transforming recreational boating through clean energy solutions.
Vision Marine Technologies (NASDAQ:VMAR) announced that Nautical Ventures completed the sale of its 139 Shore Court property and previously sold 300 U.S. Highway 1, North Palm Beach, while securing a long-term lease to continue operating the dealership at the same address.
The two property sales generated approximately US $3.9 million of net proceeds to be reinvested into Nautical Ventures and used to reduce floor plan financing. Vision Marine expects an estimated US $0.8 million annual operating expense reduction from the consolidation and aggregate annual savings of ~US $1.6 million including the earlier sale.
Vision Marine Technologies (NASDAQ:VMAR) announced the Sterk 31e, a consumer-ready twin-motor electric day cruiser developed with Sterk Yachts and Shaun Torrente Racing (STR). The Sterk 31e pairs Vision Marine's industrialized E-Motion™ propulsion with STR's race-derived jackplate technology to deliver improved trim, hydrodynamics, faster acceleration, and enhanced battery efficiency.
Key highlights: the announcement references Vision Marine and STR's 2023 world electric boat speed record of 116 mph, the Sterk 31e as the first purpose-built twin-E-Motion™ for market readiness, and an in-water reveal at the 2025 Fort Lauderdale International Boat Show. The collaboration also notes access to a broader OEM ecosystem and Nautical Ventures' retail and service network to accelerate distribution.
Vision Marine Technologies (NASDAQ:VMAR) announced on October 10, 2025 the sale of a Nautical Ventures property at 300 U.S. Highway 1, North Palm Beach, FL. After repaying the mortgage, Vision Marine received approximately US$2.0 million in net proceeds and applied them to reduce outstanding floor-plan financing.
The company will consolidate the dealership into a neighbouring showroom at 139 Shore Court, aiming to streamline operations and realize up to US$0.8 million in annual savings. Management framed the move as part of capital-allocation, liquidity improvement, and retail footprint optimization ahead of the Fort Lauderdale International Boat Show.
Vision Marine Technologies (NASDAQ:VMAR) and Sterk Boats announced the world debut of their first dual E-Motion™ 180E electric marine powertrain system integration. The collaboration will unveil the Sterk 31e, a premium German-engineered performance vessel, at the Fort Lauderdale International Boat Show (FLIBS) from October 29 to November 2, 2025.
The vessel features two E-Motion™ 180E high-voltage electric outboards powered by a battery system exceeding 170 kWh. This integration marks Vision Marine's 24th completed E-Motion™ 180E system integration and demonstrates the technology's scalability for larger recreational boats.
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) and its Nautical Ventures division announced significant activations for the 2025 Fort Lauderdale International Boat Show (FLIBS). The company will showcase its electric boat portfolio through a VIP shuttle service and an enhanced AquaZone™ experience.
The reimagined AquaZone™, developed with AquaBanas and Informa Markets, will feature a new floating island format at the docks, offering live demonstrations, direct consumer interaction, and on-site purchase opportunities. The showcase will include Vision Marine's electric boats, Nautical Ventures' EV toys and watersports products, and various marine technologies.
FLIBS, the largest in-water boat show in the United States, attracts over 100,000 visitors annually and serves as a premier platform for boating innovation.
Vision Marine Technologies (NASDAQ:VMAR) has announced the renewal of CEO Alexandre Mongeon's Executive Employment Agreement. Under Mongeon's leadership, Vision Marine has achieved significant milestones including setting the world electric boat speed record at 116 mph and completing the acquisition of Nautical Ventures, the #1 Dealer in the 2024 Boating Industry Top 100 Awards.
The new agreement includes a bonus of 285,000 common shares for completing the Nautical Ventures acquisition and relocating to Florida. Additionally, Mongeon is eligible for cash bonuses up to $750,000 and 500,000 common shares tied to market cap milestones of $15M, $25M, and $35M. The company has also adopted a new Restricted Share Unit Plan, granting Mongeon 500,000 RSUs subject to the same market cap targets.
Vision Marine Technologies (NASDAQ:VMAR) has announced a strategic non-binding initiative with Port de plaisance La Ronde to establish Québec's first multi-level electric boating hub in Montreal. The project will be located at Île Sainte-Hélène, featuring a sales and distribution center, training platform, and expertise center for electric propulsion adoption.
Set to launch in 2026, the initiative will include tourist circuits using electric boats and corporate event offerings. The location near Montréal-Trudeau International Airport and Montreal's Old Port provides strategic visibility. Vision Marine, known for its E-Motion™ 180E, the first 180-horsepower high-voltage electric outboard in the marine industry, is also collaborating with Université de Sherbrooke's engineering team for sustainable marine innovation.
Vision Marine Technologies (NASDAQ:VMAR) has announced a strategic partnership with Hydrofin to integrate patented hydrofoil technology across its pontoon boat portfolio. The partnership will be implemented through Vision Marine's Nautical Ventures dealership network.
The collaboration aims to enhance the performance of both electric and internal combustion engine pontoons. Hydrofin's technology lifts pontoons partially out of the water, reducing drag and improving speed, range, and ride comfort. When combined with Vision Marine's E-Motion™ 180E electric propulsion system, the hydrofoil technology is expected to extend run-times and enhance overall performance.
The partnership will be rolled out across Nautical Ventures' Florida retail locations, supported by joint marketing, training, and service initiatives.
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.