Vision Marine Technologies Inc Stock Price, News & Analysis

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.

Vision Marine Technologies (NASDAQ:VMAR) has strengthened its partnership with Electrified Marina, the nation's only 100% electric watercraft dealer. The collaboration aims to expand consumer access to high-performance, zero-emission boating solutions along the East Coast.

Electrified Marina, based in Norfolk, Virginia, will receive additional resources to enhance its role as a distributor of Vision Marine's E-Motion™ electric propulsion technology. The company offers high-powered electric boats, low-powered electric cruisers, an all-electric rental fleet, and conversion services. Additionally, Electrified Marina is working on transforming Willoughby Marina into the world's most sustainable marina.

The partnership is part of Vision Marine's strategy to expand its dealer network and accelerate the adoption of electric propulsion in the recreational boating industry. Electrified Marina was co-founded by Erick Pinzon, Jr., a former Tesla service specialist, and has established itself as a key player in the electric boating sector.

Vision Marine Technologies (NASDAQ:VMAR) announces its participation at the 2025 Carefree Boat Club Annual Conference from February 17-20 in Jupiter, Florida, as the exclusive electric boat provider. The company will showcase new rental-ready electric boats, including a 22' dual console boat and a 30' pontoon, both equipped with the E-Motion™ 180E HV Electric Powertrain technology.

Carefree Boat Club, operating in over 140 locations globally, will provide its operators the opportunity to experience Vision Marine's turnkey electric solutions firsthand. The E-Motion™ 180E HV powertrain delivers 180 HP of instant electric power, featuring immediate torque, smooth acceleration, and near-silent operation.

Vision Marine will host a presentation on February 18 at 2:50 PM, demonstrating why electric propulsion is advantageous for operators. The event will include sea trials of the new integrated models, highlighting Vision Marine's position as the only provider of fully industrialized electric powertrain solutions in the market.

Vision Marine Technologies (NASDAQ:VMAR) has expanded its partnership with Aileron Residences, a luxury waterfront community in Dania Beach, Florida. The partnership enables Vision Marine Electric Boat Rental to offer rental services and establish a new point of sale location. Future Aileron residents will receive automatic membership to Vision Marine's electric boat club, providing access to a fleet of high-performance electric vessels.

The partnership provides Vision Marine with dock space and storage for phased rental operations. The company plans to open a retail hub for electric marine technology at the location, targeting both residents and visitors. Vision Marine will offer flexible membership options, including standard membership with on-demand reservations and Prime Membership with priority booking and exclusive event access. The company has previously facilitated over 60,000 electric boat rentals across various locations.