Vision Marine and Port de plaisance La Ronde to Launch Québec's First Multi Level Showcase for Electric Boating in Montreal
Rhea-AI Summary
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.
Positive
- Strategic location near Montreal-Trudeau International Airport and Old Port for maximum visibility
- First-of-its-kind electric boating hub in Quebec combining sales, training, and expertise
- Planned tourist circuits and corporate offerings starting 2026
- Strengthens Vision Marine's presence in their home market of Quebec
Negative
- Initiative is non-binding, indicating potential execution uncertainty
- Project implementation not starting until 2026, suggesting lengthy development timeline
News Market Reaction
On the day this news was published, VMAR declined 2.82%, reflecting a moderate negative market reaction. This price movement removed approximately $192K from the company's valuation, bringing the market cap to $7M at that time.
Data tracked by StockTitan Argus on the day of publication.
BOISBRIAND, QC / ACCESS Newswire / September 26, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company") today announced an innovative and cooperative strategic non-binding initiative with Port de plaisance La Ronde to develop a technological and commercial hub dedicated to experience electric boating and activities on Île Sainte-Hélène, in the heart of Montreal and near Montréal-Trudeau International Airport.
The project calls for the creation of an electric boating hub, bringing together a sales and distribution center, a technical and commercial training platform, and an expertise center to foster the adoption of electric propulsion in the marine industry. The initiative envisions deployment on a site with exceptional visibility on the St. Lawrence River, strategically located and close to Montréal-Trudeau International Airport, benefiting from the visitor traffic of Montreal's Old Port and the city's major events.
"With this initiative, we reaffirm our commitment to strengthening our presence in Québec, where everything started and where our head office is located in Boisbriand. The Port de plaisance La Ronde marina offers us a unique showcase to present our technologies and reach both local and international audiences," said Maxime Poudrier, Chief Operating Officer (COO) of Vision Marine Technologies.
Johanne Girouard, President, stated: "Our mission is to revitalize and energize boating in Montreal. Collaborating with Vision Marine, recognized for its innovation and expertise in electric propulsion, represents an ideal opportunity to highlight the potential of the Île Sainte-Hélène site and contribute to more sustainable boating."
Michel Soucy, General Manager, added: "The marina is a strategic location, close to Montréal-Trudeau International Airport, to showcase Québec innovation and provide a unique platform for cutting-edge products, both for the local market and across Canada."
Starting in 2026, the project anticipates the operation of tourist circuits using electric boats, as well as the development of corporate and event offerings. In the medium term, the goal is to establish Québec's first dealership exclusively dedicated to electric boats and related products.
Advanced Technology and Local Commitment
Vision Marine is the developer of the E-Motion™ 180E, the first 180-horsepower high-voltage electric outboard certified in the marine industry, designed specifically for sustained marine performance. This innovation is already integrated into several boat manufacturer platforms and reflects the Company's technology-driven approach.
Vision Marine also continues its commitment in Québec through an innovative and cooperative strategic initiative with Memphré Boat Racing, the student engineering team from the Université de Sherbrooke's Faculty of Engineering. This initiative supports the team's participation in the Monaco Energy Boat Challenge (MEBC), a leading international competition dedicated to sustainable marine innovation.
About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR), based in Boisbriand, Québec, specializes in the design and commercialization of high-voltage electric marine propulsion systems. The Company developed the E-Motion™ 180E, a 180 HP electric outboard already integrated into multiple manufacturer platforms. Vision Marine combines technological innovation with distribution through its Nautical Ventures network in Florida, offering consumers and boat builders a high-performance, sustainable, and integration-ready boating experience.
About Port de plaisance La Ronde
Port de plaisance La Ronde, located on Île Sainte-Hélène in Montreal, is an iconic boating site on the St. Lawrence River. Since 2009, its management team has revitalized the marina, making it a recognized destination for boaters, events, and the promotion of accessible boating. Its strategic location, near Montreal's Old Port, the La Ronde amusement park, and Montréal-Trudeau International Airport, makes it a unique anchor point for the development of innovative urban boating projects.
Forward-Looking Statements
Certain statements contained in this press release constitute "forward-looking statements" within the meaning of applicable securities laws. These statements are based on management's current expectations and assumptions and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially. Vision Marine undertakes no obligation to update or revise any forward-looking statements, except as required by law.
Investor Contact
Bruce Nurse
Investor Relations
(303) 919-2913
bn@v-mti.com
https://investors.visionmarinetechnologies.com
SOURCE: Vision Marine Technologies Inc
View the original press release on ACCESS Newswire
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