Vision Marine Technologies Inc. - Common Shares (VMAR)

MONTRÉAL, QUEBEC / ACCESS Newswire / February 3, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), an innovator in electric marine propulsion, will exhibit at the Miami International Boat Show (MIBS) from February 14-18, 2024. Vision Marine will be featured at the Nautical Ventures Electric Pavilion in Pride Park, adjacent to the world-famous AquaZone™.imagesabove - From left to right: Axopar Spyder 22 180E, Phantom, Fantail 217

MONTRÉAL, QC / ACCESS Newswire / January 31, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, proudly announces that one of our boats integrated with our groundbreaking E-Motion™ 180E Electric Marine HV Powertrain has successfully received "CE" certification or European conformity. This milestone marks Vision Marine's strategic push toward greater penetration in the European market with its electric marine powertrain products, showcasing its product's readiness to meet the European Economic Area's demand for sustainable and high-performance boating solutions.Vision Marine Technologieslogo

Enhancing Performance and Reliability in Electric Marine Powertrains

MONTRÉAL, QC / ACCESS Newswire / January 16, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (NASDAQVMAR), a leading innovator in electric marine propulsion, today announced the closing of its previously announced brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a "Common Share") (or pre-funded warrants (each a "Pre-funded Warrant") in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of Common Shares (or Pre-funded Warrants) of the Company at a price of US$1.25 per unit, for aggregate gross proceeds of approximately US$5.9 million, before deducting fees and offering expenses.

Safeguarding Advanced Powertrain Technology and Boaters' Data from Third-Party Substitution

Vision Marine Announces Reverse Stock Split to Regain Nasdaq Compliance

The Most Efficient and Powerful Inboard Electric Motor System on the Market

MONTREAL, QC / ACCESSWIRE / January 13, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, today announced that it has entered into definitive securities purchase agreements dated January 12, 2025 with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a "Common Shares") (or pre-funded warrants ("Pre-funded Warrants") to purchase in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of shares of common shares (or Pre-funded Warrants) of the Company at a price of US $1.25 per unit, on a brokered private placement basis, for aggregate gross proceeds of approximately US $5.8 million, before deducting fees and offering expenses.Vision Marine Technologieslogo

MONTREAL, QC / ACCESSWIRE / January 11, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, is pleased to announce its schedule for the upcoming boat show season. The company will showcase its groundbreaking electric powertrain technology, its latest innovative electric boats, and, for the first time, electric pontoons available for purchase and delivery started spring 2025. Different boats, including E-Motion™ equipped models, will be showcased at select locations, ensuring a varied experience tailored to each show. Attendees will have the opportunity to see, test, and buy these newly added models in Vision Marine's product lineup, with purchase inquiries available at all locations, even if specific boat models vary by show.

BOISBRIAND, QC / ACCESSWIRE / January 10, 2025 / Vision Marine Technologies Inc. ("Vision Marine") (NASDAQVMAR), a leader in electric marine propulsion systems, is pleased to announce the successful completion of an at-the-market ("ATM") offering, raising gross proceeds of approximately US$11.75 million and net proceeds of approximately US$11.2 million. We intend to use the net proceeds from the offering for general corporate purposes, including strategic acquisitions aimed at expanding our market presence and enhancing our technological capabilities.

MONTREAL, QC / ACCESSWIRE / January 9, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, announces the establishment of a production line for custom cooling plates in partnership with Calip Group, a leader in high-tech welding processes. Under this collaboration, Calip Group will supply components that enhance the thermal management of Vision Marine's high-voltage (HV) marine battery packs. These custom cooling plates are specifically tailored to meet the stringent demands of marine applications, with production slated to begin in 2025.

MONTRÉAL, QUEBEC / ACCESSWIRE / December 8, 2024 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, has announced a strategic partnership with Armada Pontoons, a renowned manufacturer of high-quality pontoon boats based in Quebec, Canada. This collaboration introduces a new electric pontoon boat designed to meet the growing demand for eco-friendly, regulation-compliant, and competitively priced boating solutions for North America's vast network of lakes.

MONTREAL, QC / ACCESSWIRE / December 1, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, has entered into a milestone partnership with Massimo Marine, the marine division of Massimo Group (MAMO). This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets. As part of Vision Marine's strategic shift to offer complete electric boats directly to consumers, this partnership represents a key step in rapidly delivering high-quality electric marine products to market.

MONTREAL, QC / ACCESSWIRE / November 20, 2024 / Vision Marine Technologies Inc. (NASDAQVMAR), a pioneer in electric marine propulsion, is excited to announce its participation in the grand opening of Aileron. The grand opening marks a launch sale event for the prestigious residential project on Thursday, November 21, 2024, at 5 PM, at the Aileron Sales Centre, 50 South Bryan Road, Dania Beach Florida. Vision Marine will be on-site showcasing two Fantail 217 electric boats and Groupe Beneteau's Four Winns H2e Bowrider which was recently acclaimed as "Bowrider of the Year" by Boating Magazine. These boats are available for purchase on Vision Electric Boat's website at visionelectricboats.com.

MONTREAL, QC / ACCESSWIRE / November 18, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, is pleased to announce a new production initiative with Smoker Craft Inc., a U.S.-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a state-of-the-art pontoon platform specifically designed to integrate Vision Marine's high-performance (180 HP) electric propulsion systems, specifically the pontoon-designed P-Powerpack. We believe the powerpack will merge cutting-edge technology and exceptional craftsmanship into a transformative product for the marine industry.

EQNX::TICKER_START (NASDAQVMAR),NASDAQ:TSLANASDAQTSLA)(NYSE:WGONYSEWGO,(NYSE:BCNYSE),(NASDAQ:MCFTMCFT) EQNX::TICKER_END

MONTREAL, QC / ACCESSWIRE / November 7, 2024 / Vision Marine Technologies Inc. (the "Company") (NASDAQVMAR) a pioneer in electric marine propulsion, is pleased to announce that the Company received a compliance notice (the "Notice") from the Nasdaq Hearing Panel (the "Panel") informing the Company that it has regained compliance with the bid price requirement under Nasdaq Listing Rule 5550(a)(2). This compliance fulfils the requirements outlined by the Panel in its decision dated October 3, 2024.

Vision Marine Technologies (NASDAQVMAR), a pioneer in electric marine propulsion, has announced the launch of its revolutionary E-Motion(TM) 180e Inboard electric motor system. The most efficient and powerful inboard electric motor system on the market, the E-Motion 180e Inboard electric motor system incorporates 95% of the components from VMAR’s highly successful E-Motion(TM) outboard motor and delivers a continuous 180 horsepower at the propeller. The company plans to unveil the E-Motion 180e Inboard at next month’s IBEX International Boat Show, slated for Oct. 2, 2024.

PALM BEACH, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts are predicting that the Global Electric Boat market is expected to continue to its substantial growth at a for years to come. A recent report released on November 9, 2024 said that: “The Electric Boat market is expected to grow from USD 7,964.355 million in 2024 to USD 20,217.86 million by 2032, at a compound annual growth rate (CAGR) of 12.35%. As sustainability becomes a top priority for consumers, there is a noticeable shift towards eco-friendly transportation options like electric boats. These vessels cater to those seeking peaceful recreational experiences such as fishing, cruising, and sightseeing, while also appealing to individuals who prioritize environmental impact. Electric boats are also gaining traction among high-end consumers due to their association with luxury, exclusivity, and innovative design, offering a premium, sustainable boating experience. The Electric Boat market is driven by the increasing demand for eco-friendly transportation solutions, advancements in battery technology, and government regulations promoting sustainable maritime practices. The growing focus on reducing carbon emissions and operating costs is accelerating the adoption of electric boats across commercial and recreational sectors. Additionally, the rise in consumer awareness regarding environmental issues and the shift towards renewable energy sources further fuel market growth. Key trends include the development of more efficient and longer-lasting batteries, expanding electric boat infrastructure, and the introduction of innovative designs to improve performance and affordability.”   Active companies in the markets this week include: Vision Marine Technologies Inc. (NASDAQVMAR), Tesla, Inc. NASDAQ: TSLANASDAQTSLA)(NYSE: WGONYSEWGO, Brunswick Corporation (NYSE: BCNYSE), MasterCraft Boat Holdings, Inc. (NASDAQ: MCFTMCFT).

Vision Marine Technologies (NASDAQVMAR), a pioneer in electric marine propulsion, has closed on its previously announced best-efforts offering. The offering consisted of 3,400,000 common shares, with each share sold at $1 per share, resulting in approximately $3.4 million before standard deductions of agent fees and other expenses. According to the announcement, all of the common shares in the offering are being offered by the company. VMAR anticipates using funds from the offering for working capital and patent application as well as possible acquisitions or strategic investments in complementary businesses or technologies.

MONTREAL, QC / ACCESSWIRE / September 16, 2024 / Vision Marine Technologies, Inc. (Nasdaq:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced the closing of its previously announced best-efforts offering of 3,400,000 common shares. Each common share was sold at an offering price of $1.00 per share, for gross proceeds of $3.4 million, before deducting placement agent fees and other offering expenses. All the shares in the offering were offered by the Company.

Vision Marine Technologies (NASDAQVMAR), a pioneer in electric marine propulsion, is reporting on the pricing of a best-efforts offering. The offering is comprised of 3,400,000 common shares, with each share sold at $1 per share. According to the announcement, all of the common shares in the offering are being offered by the company. The offering, which is expected to close on Sept. 16, 2024, is estimated to result in $3.4 million in gross proceeds before the deduction of placement agent fees and other standard offering expenses. VMAR anticipates using funds from the offering for working capital and patent application as well as possible acquisitions or strategic investments in complementary businesses or technologies. ThinkEquity is acting as sole placement agent for the offering.

MONTREAL, QC / ACCESSWIRE / September 13, 2024 / Vision Marine Technologies, Inc. (Nasdaq:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced the pricing of a best-efforts offering of 3,400,000 common shares. Each common share is being sold at an offering price of $1.00 per share. All of the common shares in the offering are being offered by the Company. Total gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be $3.4 million. The offering is expected to close on September 16, 2024, subject to satisfaction of customary closing conditions.

Vision Marine Technologies Inc. (NASDAQVMAR), a trailblazer in electric recreational boating, today announced a strategic partnership with ePropulsion, a leader in marine electric propulsion systems and services. Under the partnership, Vision Marine’s new Phantom boat, which features an avant-garde design and is made using innovative plastic rotomolding technology, will be fitted with a proven low-voltage electric ePropulsion system, the 6kW Navy 6.0 Evo. The partnership marks the first time a low-voltage ePropulsion powertrain has been integrated into a fully plastic boat. The Phantom debuts at the Miami International Boat Show, following which it will showcase a customized electric ePropulsion powertrain.

MONTREAL, QC / ACCESSWIRE / September 10, 2024 / Vision Marine Technologies, Inc. (NASDAQVMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, announces its strategic alliance with ePropulsion to empower the groundbreaking Phantom Boat, crafted from innovative plastic rotomolding technology. Following its debut at the Miami International Boat Show, the Phantom is set to showcase a customized electric ePropulsion system. In this partnership, the Phantom will be available through select ePropulsion dealers, both on request and by recommendation across its dealer network.