Vision Marine Displays Operational Strength with Multi-Boat Investor Showcase Amid Trade Headwinds

Rhea-AI Summary

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.

Positive

• Successful demonstration of technology across multiple boat types shows market readiness
• Established Florida operations hub facilitates U.S. market expansion
• Proven high-performance capability with 116 mph speed record
• Diversified business approach combining OEM partnerships and direct-to-consumer sales

Negative

• Trade headwinds mentioned in title suggest potential business challenges
• Heavy reliance on southeastern U.S. market concentration

MONTREAL, QC / ACCESS Newswire / April 1, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in high-performance electric marine propulsion, asserts market readiness by recently hosting a live investor demonstration event in Florida, showcasing the breadth of its product integrations and the maturity of its E-Motion™ electric powertrain technology.

The exclusive event, held Tuesday, March 25th, brought together select investors and stakeholders for an immersive, four-hour experience that featured five electric boats across multiple recreational platforms-including pontoons, center consoles, and bowriders-powered by both inboard and outboard configurations of Vision Marine's 180E high-voltage propulsion system. Each vessel came from a different boat brand, underscoring Vision Marine's deep integration expertise and the system's adaptability across a wide range of hull types and use cases. Attendees were able to test-drive each vessel, offering firsthand insight into the system's torque, low-noise operation, and ease of integration. The event also included a close-up view of Vision Marine's then record-breaking racing catamaran, which surpassed 116 mph at the Lake of the Ozarks Shootout in 2023.

"It's essential for our investors to experience the application firsthand, especially in real-world conditions like Florida's saltwater environment and warm climate," said Alexandre Mongeon, CEO of Vision Marine Technologies. "Investors were able to see how intuitive our system is to operate, how seamlessly it performs, and how easy it is to charge using existing infrastructure."

The event was held in the same region of the Company's Florida hub, where the it has operated for over two years with a dedicated team on the ground. This regional presence plays a critical role in supporting U.S. operations, accelerating integration with manufacturers, and expanding access to the high-demand recreational boating market across the Southeastern United States.
The showcase also underscored Vision Marine's operational capabilities, including its broader U.S. infrastructure and technical workforce. With fully operational facilities in the United States and years of boots-on-the-ground experience, Vision Marine is executing its North American strategy with focus and confidence.
While the Company continues to strengthen its original equipment manufacturer partnerships, Vision Marine is also accelerating its direct-to-consumer efforts, emerging from recent boatbuilder collaborations. With its growing Florida operations as a launchpad, the Company plans to continue to rapidly expand its sales network and deepen its direct engagement with retail customers.

About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ:VMAR) is a leader in the development and commercialization of high-performance electric propulsion systems for the recreational boating industry. The Company's E-Motion™ 180E system delivers a fully integrated solution designed to enhance performance, reduce maintenance, and eliminate emissions. Vision Marine continues to build strategic partnerships with boat manufacturers and rental operators across North America and Europe while expanding its direct-to-consumer presence.
For more information, visit www.visionmarinetechnologies.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may include words such as "believe," "anticipate," "expect," "intend," "estimate," "may," "continue," "potential," and similar expressions to identify forward-looking statements. Such statements include, but are not limited to, the Company's stock repurchase program, the potential impact on shareholder value, and Vision Marine's long-term market positioning.

Forward-looking statements are based on management's expectations and assumptions as of the date of this press release. Actual results may differ materially due to risks and uncertainties, including market conditions, the Company's ability to execute the stock repurchase program as intended, and other factors discussed in Vision Marine's filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 20-F for the year ended August 31, 2024, and subsequent periodic reports. Vision Marine assumes no obligation to update or revise forward-looking statements, except as required by law.

Investor and Company Contact:
Bruce Nurse
(303) 919-2913
bn@v-mti.com

SOURCE: Vision Marine Technologies Inc

View the original press release on ACCESS Newswire

FAQ

What was demonstrated at Vision Marine's (VMAR) Florida investor showcase event?

VMAR demonstrated five electric boats across multiple platforms (pontoons, center consoles, bowriders) powered by their 180E high-voltage propulsion system, including their record-breaking racing catamaran.

What speed record did VMAR's racing catamaran achieve in 2023?

VMAR's racing catamaran surpassed 116 mph at the Lake of the Ozarks Shootout in 2023.

How long has Vision Marine (VMAR) maintained operations in Florida?

Vision Marine has operated its Florida hub for over two years with a dedicated team on the ground.

What is Vision Marine's (VMAR) current business strategy focus?

VMAR is accelerating direct-to-consumer efforts while strengthening OEM partnerships, using their Florida operations as a launchpad for expansion.