Vision Marine Technologies Inc. VMAR Archives

ThursdayApr 04, 2024 2:18 pm

QualityStocksNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Marks Strategic Milestone in Industrialization of High-Tension Battery Packs

Vision Marine Technologies Inc. (NASDAQ: VMAR), a leader in electric marine propulsion, today announced the commissioning of its partner Neogy, a subsidiary of Startek Energy Group, state-of-the-art lithium battery production facility in Pompignac, France. According to the announcement, this pivotal development marks a significant milestone in the industrialization of high-tension battery packs designed specifically for Vision Marine’s innovative electric boating solutions. “The use of HV batteries in the nautical industry demands a very high level of safety and mastery of the technology,” said Xavier Montagne, CTO of Vision Marine. “It’s not just a matter of designing the right battery but…

MondayMar 25, 2024 9:45 am

Vision Marine Technologies Inc. (NASDAQ: VMAR) Helps Lead the Electric Boating Revolution, Establishes Partnership with Key Distributor

Electric boats offer an impressive list of benefits for boating enthusiasts New partnership establishes exclusive distributorship agreement for south Florida, includes “milestone” order for VMAR’s Phantom Nautical Ventures Marine Group has ordered 50 units of VMAR’s Phantom, a boat constructed from fully recyclable materials The advantages of electric propulsion are spreading beyond the roads to the waterways. Boat enthusiasts see the importance of sustainability as they consider electric boats, but they are recognizing other perks as well. The swell of support for electric boats can be seen in many ways, including the recent news from Vision Marine Technologies (NASDAQ: VMAR),…

WednesdayMar 20, 2024 9:00 am

Vision Marine Technologies Inc. (NASDAQ: VMAR) Unveils New E-Boat Model, Names New CFO in Preparation for Industry Growth

The global electric boats market is forecast to more than double in size, increasing from $3.3 billion in 2023 to $7.7 billion by 2030 Vision Marine’s unveiling of its newest e-boat offering, the Phantom, couldn’t have come at more opportune time The company’s new chief financial officer brings invaluable expertise and insight in manufacturing, production and delivery As the electric boat sector is projected to double in value in the next few years, companies operating in the industry are positioning themselves to meet — and even exceed — the expectations this growth could create. For example, Vision Marine Technologies (NASDAQ:…

FridayMar 01, 2024 12:55 pm

QualityStocksNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Appoints Raffi Sossoyan as New Chief Financial Officer

Vision Marine Technologies Inc. (NASDAQ: VMAR), a trailblazer in electric recreational boating, today announced Raffi Sossoyan as its new chief financial officer (“CFO”). Sossoyan brings a wealth of experience, with over 25 years in global financial and operational leadership. In his recent role as VP, corporate treasury at Velan Inc. (TSX: VLN), a Canadian multinational company, he managed financial operations amidst global sales exceeding US$370 million. According to the announcement, Sossoyan’s tenure as CFO at Valtech Fabrication Inc., where he drove worldwide sales beyond US$50 million, further highlights his capacity to spearhead financial growth and success. “This strategic appointment marks…

ThursdayFeb 29, 2024 2:27 pm

QualityStocksNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Positioning as Forward-Thinking Leader in Electric Boat Industry

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator in the performance electric recreational boating industry, was spotlighted in a recent InvestorPlace article titled “Three Electric Boat Stocks That Will Sail Higher by 2024.” “The article calls Vision Marine a key player in the electric boat stocks market, noting that despite some challenges, the company’s recent ‘strategic moves suggest a promising future...’ The article noted VMAR’s partnership with 4ocean, along with its expansion into the pontoon market, which shows ‘strategic diversification’ a move that InvestorPlace says ‘could be a game changer for Vision Marine, showcasing its adaptability and innovation…

FridayFeb 23, 2024 11:43 am

QualityStocksNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters Exclusive Distributor Agreement, Receives ‘Significant’ PO

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has entered into a “groundbreaking” partnership with Nautical Ventures Marine Group. According to the announcement, partnership includes an initial purchase order (“PO”) for 50 of VMAR’s innovative rotomolded, recyclable boat, known as the Phantom. In addition, the agreement establishes an exclusive distributorship arrangement between the two companies, identifying Nautical Ventures Marine Group, a premier provider of maritime products and services, as the sole distributor of the Phantom in the growing South Florida market. The company observed that the Phantom has already established a reputation for its…

FridayFeb 16, 2024 3:23 pm

QualityStocksNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Spotlighted as ‘Disruptive Force’ in Electrification of Recreational Boating

Vision Marine Technologies Inc. (NASDAQ: VMAR) was featured in the latest episode of The GotStocks Podcast published by NetworkNewsWire (“NNW”), one of 60+ brands within the Dynamic Brand Portfolio @ IBN (Investor Brand Network). The episode discusses a publication entitled “The Electrifying Rise of Electric Boats,” which spotlights Vision Marine Technologies as the company that offers the first fully electric, purpose-built outboard powertrain system of its type, with unparalleled capabilities. “The raucous rumble of combustion engines is fading, systematically replaced by the high-performance hum of electric propulsion that’s transforming every aspect of transport. Electric cars have moved mainstream with both…

FridayFeb 16, 2024 9:45 am

Vision Marine Technologies Inc. (NASDAQ: VMAR) Spotlighted in Article Touting Promising Boat Stocks

“In the dynamic world of investments, electric boat stocks are gaining momentum,” reports InvestorPlace The article calls Vision Marine a key player in the electric boat stocks market VMAR’s recent partnerships, market expansion and production enhancements point to potential growth and innovation As investors pay increasing attention to potential involvement in clean, green-energy companies, the idea of sustainability is becoming more of a priority in sectors across the board. Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator in the performance electric recreational boating industry, is capturing attention and was recently spotlighted in an InvestorPlace article titled “Three Electric…

ThursdayFeb 15, 2024 11:58 am

QualityStocksNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Announces New Rotomolded Boat Model, Inks Exclusive Florida Distribution Deal

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has unveiled its newest offering: the Phantom. The company announced the new rotomolded, recyclable and hard-to-damage boat at the Miami International Boat Show 2024. According to the announcement, the Phantom is a breakthrough in rotomolded boat design that offers significant market advantages through its economic and environmental benefits. The company anticipates producing an estimated 300 units annually at 70% less than the production costs of fiberglass alternatives, with potential scalability to 1,500 units per year. In addition, Vision Marine announced that it has entered an exclusive…

TuesdayFeb 13, 2024 2:33 pm

QualityStocksNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Names MarineMax Executive to Board

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, announced that Anthony E. Cassella Jr., executive vice president finance and chief accounting officer at MarineMax Inc. (NYSE: HZO) has been appointed to its board of directors; Cassella will serve as an independent director. According to the announcement, the appointment reflects VMAR’s leading role in marine technology innovation and underscores its commitment to strong corporate governance; the company noted that the veteran’s background and industry knowledge “will bring incredible value to the next chapter of Vision Marine's mission to become the leading provider…

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