Vision Marine Technologies Unveils Specter Flagship Electric Tritoon Platform

Vision Marine Technologies (NASDAQ: VMAR) launched Specter, a flagship 26'6" electric tritoon platform powered by the company's proprietary E-Motion™ high-voltage propulsion and integrated onboard charging.

Rhea-AI Summary

Vision Marine Technologies (NASDAQ: VMAR) launched Specter, a flagship 26'6" electric tritoon platform powered by the company's proprietary E-Motion™ high-voltage propulsion and integrated onboard charging. Specter features Hydrofin-developed foiling technology and a fiberglass monocoque hull, and will be showcased at the Miami and Montreal boat shows in February 2026.

The company will distribute and support Specter through its vertically integrated U.S. retail and service network following the acquisition of Nautical Ventures, aiming to boost market visibility in North America.

Positive

• Flagship product launch of Specter, a 26'6" electric tritoon platform
• Proprietary E-Motion™ high-voltage propulsion with integrated onboard charging
• Vertical retail integration via acquisition of Nautical Ventures to provide sales and service

Negative

• None.

Argus Feb 3 session

+4.79% close to close Open Argus

Details

News Market Reaction – VMAR

On Feb 3, the first trading day after this news, VMAR closed 4.79% above the previous close.

Data tracked by StockTitan Argus for the Feb 3 session.

Key Figures

Specter length: 26'6" Touch screens: dual 10" screens Global pontoon market 2024: USD 8.1 billion +3 more

Specter length

26'6"

Flagship electric tritoon platform length

Touch screens

dual 10" screens

Seamless helm display configuration

Global pontoon market 2024

USD 8.1 billion

Estimated 2024 global pontoon market size

Pontoon CAGR

8.8%

Projected compound annual growth through 2031

Miami show date

February 11, 2026

Miami International Boat Show debut for Specter

Montreal show date

February 12, 2026

Montreal Boat and Watersports Show appearance

Historical Context

5 past events · Latest: Jan 13

5 events

1. Jan 13

   Quarterly results

   24h Move

   -9.0%

   First positive operating cash flow with revenue jumping to $15.7M and $4.2M gross profit.

2. Jan 12

   Reverse stock split

   24h Move

   -24.0%

   1-for-40 reverse split to address Nasdaq $1.00 minimum bid price compliance.

3. Dec 19

   Equity offering close

   24h Move

   +4.4%

   Closing of $9.6M best-efforts public offering of 32M units with warrants attached.

4. Dec 17

   Equity offering pricing

   24h Move

   -48.8%

   Pricing of 32M units at $0.30 for $9.6M gross proceeds, highlighting near-term dilution.

5. Dec 09

   Strategic marina lease

   24h Move

   -20.4%

   Nautical Ventures secured flagship marina lease with option and plan to expand slips to ~300.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

high-voltage electric propulsion, tritoon, foiling technology, monocoque hull, +2 more

6 terms

high-voltage electric propulsion technical

"an electric marine technology company specializing in high-voltage marine propulsion"

A propulsion system that uses electrical power at higher voltages to drive motors or thrusters instead of relying on combustion or low-voltage electric setups. Like running more water at higher pressure through a narrower hose, higher voltage allows the same or greater power with lighter wiring and smaller components, improving efficiency, range and performance. Investors care because it can lower operating costs, enable new product features, reduce weight, and introduce technical, safety and regulatory risks that affect project costs and timelines.

tritoon technical

"launch of Specter, a flagship electric 26'6" tritoon platform"

A tritoon is a recreational boat built on three parallel hollow tubes (called pontoons) beneath a flat deck, giving it extra lift, stability and carrying capacity compared with a two-tube pontoon. For investors, tritoons matter because they typically sell at higher prices and appeal to buyers wanting more performance or space—similar to choosing a pickup truck over a compact car—so demand and pricing can affect a marine maker’s revenue and margins.

foiling technology technical

"Specter incorporates advanced foiling technology developed in collaboration with Hydrofin"

Foiling technology is the process and equipment used to apply thin metallic or plastic foils to products, labels, packaging, or documents to add shine, durability, moisture or light barriers, and tamper-resistant features. For investors it matters because foiling can raise perceived product quality, enable anti‑counterfeit measures, affect manufacturing costs and margins, and influence regulatory compliance for packaging and preservation, much like adding a protective or decorative coating to an everyday item.

monocoque hull technical

"features a fiberglass monocoque hull paired with a thoughtfully designed interior layout"

A monocoque hull is a boat or ship structure where the outer skin carries most or all of the load instead of relying on an internal frame, like an eggshell or soda can that supports itself. For investors, it matters because this design often reduces weight and parts, improving fuel efficiency, speed and manufacturing cost, while affecting durability, repair complexity and resale value—factors that influence production costs and long-term profitability.

shore power infrastructure technical

"charging architecture designed to operate seamlessly with standard shore power infrastructure"

Shore power infrastructure is the equipment and electrical connections at ports that allow ships to plug into the local power grid while docked so they can shut down onboard engines for electricity. Like plugging a parked car into a charging station to avoid idling, it cuts fuel use, pollution and noise, and matters to investors because it drives port upgrades, shifts long‑term operating costs, creates utility demand, and affects companies exposed to shipping, energy and regulation.

pontoon technical

"the global pontoon and tritoon segment represents a sizable and expanding category"

A pontoon is a hollow, buoyant structure—think of a giant water-proof float or floating platform—that supports docks, bridges, barges, or parts of certain boats. For investors, pontoons matter because they are a core component of marine and industrial assets: their design, condition and regulatory or environmental requirements affect capital costs, maintenance expenses, revenue-generating capacity and liability exposure for companies that build, operate or rely on floating infrastructure.

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Specter to be Showcased at Major North American Boat Shows

MONTREAL, Feb. 2, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company") an electric marine technology company specializing in high-voltage marine propulsion, together with its recently acquired retail network, Nautical Ventures, an award-winning Florida-based dealership group, today announced the launch of Specter, a flagship electric 26'6" tritoon platform that will be showcased at major North American marine industry events, including the Miami International Boat Show beginning February 11, 2026, and the Montreal Boat and Watersports Show beginning February 12, 2026.

Specter represents the next phase of Vision Marine's product roadmap and serves as a reference platform for the Company's high-voltage electric propulsion strategy spanning 26'6", dual console, dual 10" seamless touch screens. The launch emphasizes dual market visibility, with Miami positioned as the primary focal point given its role as one of the largest and most influential recreational boating markets in North America, supported by Vision Marine's established retail and service footprint in Florida.

At its core, Specter is engineered as a next-generation electric platform built around three defining technological pillars. First, the platform is powered by Vision Marine's proprietary E-Motion™ high-voltage electric propulsion system, featuring an integrated onboard charging architecture designed to operate seamlessly with standard shore power infrastructure, enabling practical dock-to-dock electric boating. Second, Specter incorporates advanced foiling technology developed in collaboration with Hydrofin, designed to lift and stabilize the tritoon hull at speed, improving efficiency, ride dynamics, and overall performance. Third, the platform features a fiberglass monocoque hull paired with a thoughtfully designed interior layout, delivering a clean, modern aesthetic and a premium onboard environment that complements the platform's advanced electric propulsion.

From a market perspective, the global pontoon and tritoon segment represents a sizable and expanding category within recreational boating. According to third-party industry research, the global pontoon market was valued at approximately USD 8.1 billion in 2024 and is projected to grow at a compound annual growth rate of approximately 8.8% through 2031, reflecting sustained consumer interest and continued product evolution across major boating regions. North America accounts for a significant share of this market, supported by strong participation in lake and river boating.

Specter will be distributed and supported through Vision Marine's network locations and its wholly owned dealership group, Nautical Ventures, providing integrated sales, service, and aftersales capabilities.

"Specter reflects how we bring electric propulsion to market," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "By introducing a platform designed around real-world boating conditions and supporting it through our retail and service network, we are advancing our strategy of deploying electric technology in established, high-volume boating segments."

As a flagship electric tritoon platform, Specter supports Vision Marine's broader objective of expanding market visibility while strengthening its vertically integrated electric propulsion and retail strategy.

About Vision Marine Technologies Inc.

Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine company focused on delivering a better on-water experience through the integration of technology, retail, and service. The Company designs and develops high-voltage electric marine propulsion systems and, following the acquisition of Nautical Ventures, operates a vertically integrated retail and service platform in the United States. Vision Marine's strategy centers on combining proprietary electric propulsion technology with scalable market access across established boating segments.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Vision Marine undertakes no obligation to update or revise such statements except as required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-unveils-specter-flagship-electric-tritoon-platform-302676742.html

SOURCE Vision Marine Technologies, Inc

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When and where will Vision Marine (VMAR) showcase the Specter electric tritoon in February 2026?

Specter will be shown at two major boat shows in February 2026. According to the company, displays begin at the Miami International Boat Show on February 11, 2026, and at the Montreal Boat and Watersports Show on February 12, 2026, targeting North American buyers.

What propulsion system does the VMAR Specter use and how does onboard charging work?

Specter uses Vision Marine's proprietary E-Motion™ high-voltage electric propulsion system. According to the company, the system includes integrated onboard charging designed to operate with standard shore power for practical dock-to-dock electric boating.

How will Vision Marine (VMAR) sell and service the Specter tritoon in the U.S.?

Sales and support will be provided through Vision Marine's retail network and Nautical Ventures. According to the company, the recently acquired Nautical Ventures dealership group offers integrated sales, service, and aftersales capabilities across Florida and U.S. locations.

What advanced technologies distinguish the VMAR Specter from conventional tritoons?

Specter combines high-voltage propulsion, foiling, and a monocoque hull for improved efficiency. According to the company, Hydrofin-developed foiling technology lifts and stabilizes the hull, while a fiberglass monocoque delivers a modern aesthetic and premium onboard environment.

What is the market context for Vision Marine's Specter in the global pontoon segment?

The global pontoon market is a multibillion-dollar segment with forecasted growth. According to third-party research cited by the company, the market was about USD 8.1 billion in 2024 and is projected to grow at roughly 8.8% CAGR through 2031.