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Vision Marine Secures U.S. Battery Supply Chain Through Strategic Expansion with Octillion Power Systems

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Vision Marine Technologies (NASDAQ:VMAR) has expanded its partnership with Octillion Power Systems to manufacture Vision-branded 45.36 kWh high-voltage battery packs at Octillion's Nevada facility. The agreement strengthens Vision Marine's U.S. supply chain for its E-Motion™ 180E electric outboard system and supports both OEM integrations and consumer electric boat sales. Octillion, a global leader in lithium-ion battery technology with over 2 million battery systems deployed, will produce marine-dedicated battery packs exclusively for the American market. The partnership enables Vision Marine to become the first North American company offering a fully industrialized, high-voltage electric marine outboard system with U.S.-sourced batteries, positioning them to meet growing demand for electric boating while ensuring regulatory compliance.
Vision Marine Technologies (NASDAQ:VMAR) ha ampliato la sua collaborazione con Octillion Power Systems per la produzione di pacchi batteria ad alta tensione da 45,36 kWh a marchio Vision presso lo stabilimento di Octillion in Nevada. L'accordo rafforza la catena di approvvigionamento statunitense di Vision Marine per il sistema elettrico fuoribordo E-Motion™ 180E e supporta sia le integrazioni OEM che le vendite di barche elettriche ai consumatori. Octillion, leader globale nella tecnologia delle batterie al litio con oltre 2 milioni di sistemi installati, produrrà pacchi batteria dedicati al settore marino esclusivamente per il mercato americano. Questa partnership consente a Vision Marine di diventare la prima azienda nordamericana a offrire un sistema elettrico marino fuoribordo ad alta tensione completamente industrializzato con batterie di origine statunitense, posizionandola per rispondere alla crescente domanda di imbarcazioni elettriche e garantendo la conformità normativa.
Vision Marine Technologies (NASDAQ:VMAR) ha ampliado su asociación con Octillion Power Systems para fabricar paquetes de baterías de alta tensión de 45,36 kWh con la marca Vision en la planta de Octillion en Nevada. El acuerdo fortalece la cadena de suministro de Vision Marine en EE.UU. para su sistema eléctrico fuera de borda E-Motion™ 180E y apoya tanto las integraciones OEM como las ventas de embarcaciones eléctricas a consumidores. Octillion, líder mundial en tecnología de baterías de iones de litio con más de 2 millones de sistemas desplegados, producirá paquetes de baterías dedicados al sector marino exclusivamente para el mercado estadounidense. Esta colaboración permite a Vision Marine convertirse en la primera empresa norteamericana en ofrecer un sistema eléctrico marino fuera de borda de alta tensión completamente industrializado con baterías de origen estadounidense, posicionándola para satisfacer la creciente demanda de embarcaciones eléctricas y asegurar el cumplimiento normativo.
Vision Marine Technologies(NASDAQ:VMAR)는 Octillion Power Systems와의 파트너십을 확대하여 네바다에 위치한 Octillion 시설에서 Vision 브랜드의 45.36kWh 고전압 배터리 팩을 제조합니다. 이번 협약은 Vision Marine의 미국 내 공급망을 강화하여 E-Motion™ 180E 전기 외부 엔진 시스템을 지원하며, OEM 통합과 소비자 전기 보트 판매 모두에 기여합니다. 전 세계적으로 200만 개 이상의 리튬이온 배터리 시스템을 배치한 리더인 Octillion은 미국 시장 전용의 해양용 배터리 팩을 독점 생산할 예정입니다. 이 파트너십을 통해 Vision Marine은 미국산 배터리를 사용하는 완전 산업화된 고전압 전기 해양 외부 엔진 시스템을 제공하는 북미 최초의 기업이 되어, 증가하는 전기 보트 수요에 대응하고 규제 준수를 보장할 수 있게 되었습니다.
Vision Marine Technologies (NASDAQ:VMAR) a étendu son partenariat avec Octillion Power Systems pour fabriquer des batteries haute tension de 45,36 kWh sous la marque Vision dans l'usine d'Octillion au Nevada. Cet accord renforce la chaîne d'approvisionnement américaine de Vision Marine pour son système électrique hors-bord E-Motion™ 180E et soutient à la fois les intégrations OEM et les ventes de bateaux électriques aux consommateurs. Octillion, leader mondial des technologies de batteries lithium-ion avec plus de 2 millions de systèmes déployés, produira des batteries dédiées au secteur maritime exclusivement pour le marché américain. Ce partenariat permet à Vision Marine de devenir la première entreprise nord-américaine à proposer un système électrique marin hors-bord haute tension entièrement industrialisé avec des batteries d'origine américaine, la positionnant pour répondre à la demande croissante de navigation électrique tout en garantissant la conformité réglementaire.
Vision Marine Technologies (NASDAQ:VMAR) hat seine Partnerschaft mit Octillion Power Systems erweitert, um Vision-gebrandete 45,36 kWh Hochvolt-Batteriepacks in der Anlage von Octillion in Nevada herzustellen. Die Vereinbarung stärkt die US-amerikanische Lieferkette von Vision Marine für das E-Motion™ 180E elektrische Außenbordmotorsystem und unterstützt sowohl OEM-Integrationen als auch den Verkauf von elektrischen Booten an Verbraucher. Octillion, ein weltweit führendes Unternehmen in der Lithium-Ionen-Batterietechnologie mit über 2 Millionen eingesetzten Batteriesystemen, wird speziell für den amerikanischen Markt marine-spezifische Batteriepacks produzieren. Die Partnerschaft ermöglicht es Vision Marine, das erste nordamerikanische Unternehmen zu werden, das ein vollständig industrialisiertes, hochvoltiges elektrisches Außenbordmotorsystem mit in den USA bezogenen Batterien anbietet, und positioniert das Unternehmen, um der wachsenden Nachfrage nach elektrischem Bootfahren gerecht zu werden und gleichzeitig die Einhaltung gesetzlicher Vorschriften sicherzustellen.
Positive
  • Strategic U.S. manufacturing partnership with established battery producer Octillion Power Systems
  • First company in North America to offer fully industrialized electric marine outboard with U.S.-sourced batteries
  • Enhanced distribution efficiency and cost reduction through domestic production
  • Access to Octillion's technical expertise with over 2 million battery systems deployed globally
  • Improved supply chain control and regulatory compliance through U.S.-based production
Negative
  • Limited to American market distribution, potentially restricting global reach
  • Dependency on single battery supplier for U.S. operations

Insights

VMAR secures U.S. battery production, strengthening domestic supply chain and potentially reducing costs while accelerating market penetration.

Vision Marine's expanded partnership with Octillion Power Systems marks a critical supply chain milestone that addresses several strategic imperatives simultaneously. By establishing U.S.-based production of their proprietary 45.36 kWh battery packs in Nevada, the company has effectively regionalized a key component of their E-Motion™ platform, creating multiple downstream advantages.

The domestic manufacturing arrangement provides significant logistical efficiencies - reducing transportation costs, minimizing supply chain vulnerabilities, and potentially accelerating delivery timelines across North America. This is particularly valuable in the current global context where international shipping remains both costly and unpredictable.

Beyond immediate operational benefits, this partnership creates structural competitive advantages. Vision Marine becomes the first company offering a fully industrialized, high-voltage electric marine outboard with U.S.-sourced batteries - a distinction that resonates with both regulatory compliance initiatives and consumer preferences for domestic manufacturing. The standardization of these battery packs also enables economies of scale across both OEM integrations and direct-to-consumer channels.

Particularly notable is how this partnership transforms Vision Marine's innovation model. Rather than pursuing battery development independently, they're leveraging Octillion's expertise (with 2 million+ battery systems deployed globally) to guide refinements and influence future architectures. This collaborative approach likely accelerates their development timeline while reducing R&D costs - an increasingly common model in complex technical fields requiring specialized expertise.

The partnership's structure suggests Vision Marine is prioritizing execution speed and capital efficiency over complete vertical integration - a pragmatic approach for scaling in a capital-intensive industry where battery technology continues evolving rapidly.

U.S.-Assembled 45.36 kWh High-Voltage Packs from Nevada Facility to Promote Accelerated OEM and Consumer Growth Through E-Motion™ Platform

MONTREAL, QC / ACCESS Newswire / June 11, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in high-voltage electric marine propulsion systems, today announced a major milestone in its U.S. scale-up strategy: the expansion of its longstanding partnership with Octillion Power Systems, a top-tier U.S.-based lithium-ion battery manufacturer, to produce Vision-branded high-voltage battery packs dedicated exclusively to the American market.

Under the terms of the agreement, Octillion will assemble Vision Marine's new proprietary 45.36 kWh battery packs at its state-of-the-art facility in Nevada, aiding in fast, cost-efficient distribution across North America. These batteries are designed to support both Vision Marine's OEM integrations and consumer-facing electric boat offerings, delivering increased power, extended range, and improved performance-while reducing total system cost and simplifying logistics.

This renewed and enhanced partnership establishes a partial U.S. supply chain for Vision Marine's proprietary E-Motion™ 180E electric outboard system, unlocking key efficiencies. In addition to supporting factory integration with third-party manufacturers, the partnership provides a reliable and consistent battery supply for Vision Marine's direct-to-consumer electric boat sales, including those produced under formal production agreements with multiple established boat manufacturers. These vessels are sold through Vision Marine's channels while retaining the original manufacturer's branding, enabling broad market reach without altering brand identity.

"Octillion has been an integral technology partner to Vision Marine for several years, powering our most high-performance programs-including multiple electric world speed record boats," said Alexandre Mongeon, CEO of Vision Marine Technologies. "With this expanded partnership and the support of Octillion's Nevada facility, we are positioned to scale commercial deliveries and prepare for our next record-setting performance with more power and higher efficiency."

Founded in 2009 and headquartered in California, Octillion Power Systems is a global leader in lithium-ion battery technology, with over 2 million battery systems deployed across electric vehicles, industrial equipment, and energy storage sectors. Octillion brings deep technical expertise and proven large-scale manufacturing capabilities-essential components to Vision Marine's growth roadmap.

"Having collaborated with Vision Marine since 2021 on the development of this American-built, marine-dedicated battery platform has been both technically rewarding and strategically significant," said Paul Beach, President of Octillion Power Systems. "We are proud to manufacture these 45.36 kWh packs at our Nevada facility and to work in close alignment with Vision Marine's team as they scale delivery and continue to push the boundaries of electric propulsion on water."

In addition to supporting near-term production, Octillion's close proximity and embedded technical collaboration introduce a new phase in Vision Marine's development strategy. By aligning with a team that has delivered over 2 million battery systems globally, Vision Marine is now embracing a more agile, partner-integrated model of innovation, leveraging Octillion's energy systems expertise to guide refinements and influence the evolution of future battery architectures.

The battery systems being manufactured by Octillion are integrated with Vision Marine's patent-pending proprietary high-voltage marine propulsion powertrain -the first battery pack purpose-built for electric marine propulsion. Engineered to meet the demanding conditions of marine use, these packs deliver enhanced energy density, ruggedness, and integration simplicity-promoting optimal performance across a wide range of recreational and commercial applications.

The packs will be available exclusively with the E-Motion™ 180E outboard and offered as part of a fully integrated, plug-and-play powertrain solution. Designed for rapid OEM adoption and simplified factory installation, this system addresses long-standing industry barriers to electric adoption-namely cost, complexity, and limited performance.

By leveraging Octillion's Nevada-based production infrastructure and forward-leaning technical engagement, Vision Marine becomes the first company in North America offering a fully industrialized, high-voltage electric marine outboard system with a U.S.-sourced battery solution -positioning the Company to meet growing demand for electrified boating while supporting regulatory and content compliance initiatives.

With domestic battery sourcing secured, enhanced pack performance, and ongoing collaboration with Octillion's technical team, Vision Marine enters the second half of 2025 with the foundation to scale its go-to-market operations and accelerate its innovation agenda. As the Company advances, it remains committed to shaping the future of marine electrification by embracing cross-functional partnerships and leading-edge development models to bring next-generation technologies to the water.

About Octillion Power Systems
Octillion Power Systems is a U.S.-based global provider of advanced lithium-ion battery solutions for electric mobility and stationary energy storage. With over 2 million battery packs shipped worldwide, Octillion specializes in scalable, safe, and high-performance battery packs for transportation, industrial, and grid-connected applications. Visit www.octillion.us to learn more.

About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ:VMAR) is a pioneer in marine electrification. Its flagship E-Motion™ 180E system is a fully integrated high-voltage electric outboard powertrain built for OEM adoption at scale. Vision Marine designs and manufactures electric propulsion systems and boats to transform recreational and commercial boating into a zero-emission experience. Learn more at www.visionmarinetechnologies.com

Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements." These statements include, but are not limited to, expectations regarding the benefits of the new patent, its impact on future product development and original equipment manufacturer integrations, and Vision Marine's competitive position. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could affect results are discussed in the Company's filings with the Securities and Exchange Commission. Vision Marine undertakes no obligation to update any forward-looking statements except as required by law.

Investor & Company Contact
Vision Marine Technologies
Bruce Nurse - Investor Relations
(303) 919-2913
bn@v-mti.com

Website: visionmarinetechnologies.com
Twitter: @marine_vision
Facebook: @VisionMarineTechnologies
Instagram: @visionmarine.technologies
YouTube: @VisionMarineTechnologies

SOURCE: Vision Marine Technologies Inc



View the original press release on ACCESS Newswire

FAQ

What is the battery capacity of Vision Marine's new battery packs manufactured by Octillion?

The new battery packs have a capacity of 45.36 kWh and are designed specifically for Vision Marine's E-Motion™ 180E electric outboard system.

Where will VMAR's new battery packs be manufactured?

The battery packs will be manufactured at Octillion Power Systems' state-of-the-art facility in Nevada, United States.

How long has Vision Marine been partnering with Octillion Power Systems?

Vision Marine has been collaborating with Octillion Power Systems since 2021 on the development of their marine-dedicated battery platform.

What is the significance of Vision Marine's partnership with Octillion for the electric boating industry?

This partnership makes Vision Marine the first company in North America to offer a fully industrialized, high-voltage electric marine outboard system with U.S.-sourced batteries, supporting the growth of electric boating while meeting regulatory requirements.

How many battery systems has Octillion Power Systems deployed globally?

Octillion Power Systems has deployed over 2 million battery systems across electric vehicles, industrial equipment, and energy storage sectors.
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