Vision Marine Technologies Reports $8.2M in 7-Week Boat Sales, Highlighting Post-Acquisition Growth ImpactMONTREAL, QC - August 12, 2025 - Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in electric marine propulsion and multi-brand boat retail, today announced a significant increase in sales performance-highlighted by accelerated boat sales revenue, a significant reduction in floor plan liabilities, and stronger inventory turnover-following the recent acquisition of Nautical Ventures Group Inc. ("Nautical Ventures").
TechMediaBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Sees 504% Boat Sales Surge, Slashes Debt Following Nautical Ventures AcquisitionVision Marine Technologies (
NASDAQ: VMAR), a leader in electric marine propulsion and multi-brand boat retail, reported a sharp boost in sales performance and operational efficiency following its June acquisition of Nautical Ventures Group Inc. From June 20 to Aug. 8, the new division generated about $8.2 million in boat sales revenue — a 504% increase over the company’s total boat sales for fiscal 2024. The surge was accompanied by a 44% reduction in floor plan liabilities to $31.3 million, a $4.9 million drop in inventory, and a 900% year-over-year rise in inbound leads. Vision Marine also expanded into the tender boat market via Nautical Ventures’ Highfield Boats distribution, supported by a new Fort Lauderdale sales and service hub. Management said the acquisition has transformed the company’s sales scale and growth potential, with more details to come in its Q4 2025 results in November.
Vision Marine Technologies Reports $8.2M in 7-Week Boat Sales, Highlighting Post-Acquisition Growth ImpactMONTREAL, QC / ACCESS Newswire / August 12, 2025 / Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in electric marine propulsion and multi-brand boat retail, today announced a significant increase in sales performance-highlighted by accelerated boat sales revenue, a significant reduction in floor plan liabilities, and stronger inventory turnover-following the recent acquisition of Nautical Ventures Group Inc. ("Nautical Ventures").
Vision Marine Technologies Partners with Université de Sherbrooke to Power Next-Gen Marine Engineers at Monaco Energy Boat ChallengeMONTREAL, QC - August 11, 2025 - Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in high-performance electric marine propulsion, proudly announces a strategic partnership with Memphré Boat Racing, the student engineering team from the Université de Sherbrooke's Faculty of Engineering. The partnership supports the team's participation in the Monaco Energy Boat Challenge (MEBC) - an international competition at the forefront of sustainable marine innovation.
Vision Marine Technologies Partners with Université de Sherbrooke to Power Next-Gen Marine Engineers at Monaco Energy Boat ChallengeMONTREAL, QC / ACCESS Newswire / August 11, 2025 / Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in high-performance electric marine propulsion, proudly announces a strategic partnership with Memphré Boat Racing, the student engineering team from the Université de Sherbrooke's Faculty of Engineering. The partnership supports the team's participation in the Monaco Energy Boat Challenge (MEBC) - an international competition at the forefront of sustainable marine innovation.
Nautical Ventures Joins Shaun Torrente Racing for the 2025 Offshore Super Stock SeriesFT LAUDERDALE, FL - August 8, 2025 - Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in high-voltage electric marine propulsion and a multi-brand boat retailer with a strong dealership network across Florida, Nautical Ventures, your go-to people for fun on the water, is proud to announce its collaboration with Shaun Torrente Racing (STR) for the 2025 Offshore Super Stock Series-bringing championship racing energy into the heart of the Nautical Ventures community.
Nautical Ventures Joins Shaun Torrente Racing for the 2025 Offshore Super Stock SeriesA new collaboration with one of racing's biggest names kicks off this weekend in Sheboygan, Wisconsin
Vision Marine Marks 100th Axopar Sale by Nautical Ventures Yacht Broker Jordan Thomas NurseMilestone underscores retail execution and the continued U.S. market success of the Finnish-built Axopar brand
Vision Marine Technologies Accelerates Global Leadership in Tender Market, Deploys Strategic Growth InitiativesMontreal, QC - July 28, 2025 - Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in high-voltage electric marine propulsion and a multi-brand boat retailer with a strong dealership network across Florida, today announced the expansion of its commercial activities across the global tender market-a high-turnover, high-impact segment in which the Company now holds a commanding position.
Vision Marine Technologies Accelerates Global Leadership in Tender Market, Deploys Strategic Growth InitiativesMONTREAL, QC / ACCESS Newswire / July 28, 2025 / Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in high-voltage electric marine propulsion and a multi-brand boat retailer with a strong dealership network across Florida, today announced the expansion of its commercial activities across the global tender market-a high-turnover, high-impact segment in which the Company now holds a commanding position.
Vision Marine Technologies Powers into Commercial Growth Phase, Appoints Daniel Rathe CTO of OperationsNautical Ventures acquisition and completion of current product development drive next stage of electric boating deployment
Vision Marine Technologies to Host Investor Call Following Strategic Acquisition of Nautical Ventures GroupMONTREAL, QC / ACCESS Newswire / July 1, 2025 / Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leading innovator in high-voltage electric marine propulsion systems, today announced it will host a live investor call and webcast to discuss the Company's acquisition of Nautical Ventures Group Inc.("Nautical Ventures, named the 2024 Boating Industry Top Dealer of the Year by Boating Industry.
Vision Marine Technologies Acquires Nautical Ventures Group, Boating Industry 2024 Top 100 Dealer of the YearMONTREAL, QC - June 23, 2025 - Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in high-voltage electric marine propulsion systems, today announced the acquisition of Nautical Ventures Group, Inc. ("Nautical Ventures"), a Florida-based recreational boat dealership, marina, and service provider. Recently named the 2024 Boating Industry "Dealer of the Year". Nautical Ventures is widely recognized as one of the top boat dealership networks in the United States-and is notably the number one Axopar dealership globally.
TechMediaBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Acquires Nautical Ventures to Launch First Integrated Electric Boat Dealership in North AmericaVision Marine Technologies (
NASDAQ: VMAR), a leader in high-voltage electric marine propulsion, has acquired Nautical Ventures Group, a top U.S. boat dealership and 2024 Boating Industry “Dealer of the Year.” The move establishes North America’s first combined electric boat propulsion and dealership platform, pairing Vision Marine’s E-Motion(TM) powertrain with Nautical Ventures’ extensive retail network, inventory, and service capabilities.
Vision Marine Technologies Acquires Nautical Ventures Group, Boating Industry 2024 Top 100 Dealer of the YearCreates North America’s first High-Voltage Propulsion Manufacturer with Multi-Brand Retail and Service Infrastructure
Vision Marine Technologies Acquires Nautical Ventures Group, Boating Industry 2024 Top 100 Dealer of the YearCreates North America's first High-Voltage Propulsion Manufacturer with Multi-Brand Retail and Service Infrastructure
Vision Marine Technologies’ 180E Electric Powertrain Approved under California’s CORE Voucher Program, Incentivizes Adoption of Electric Boat PropulsionMONTREAL, QC - June 19, 2025 - Vision Marine Technologies Inc. (
NASDAQ:VMAR), a developer of high-performance electric marine propulsion systems, announced today that its flagship E-Motion™ 180E powertrain has been approved for inclusion in California's CORE (Clean Off-Road Equipment) Voucher Incentive Project.
Vision Marine Technologies' 180E Electric Powertrain Approved under California's CORE Voucher Program, Incentivizes Adoption of Electric Boat PropulsionE-Motion™ 180E systems now eligible for up to $170,000 in per-unit government vouchers-driving large-scale electrification of commercial fleets in California
Vision Marine Secures U.S. Battery Supply Chain Through Strategic Expansion with Octillion Power SystemsMONTREAL, QC - 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.
Vision Marine Secures U.S. Battery Supply Chain Through Strategic Expansion with Octillion Power SystemsU.S.-Assembled 45.36 kWh High-Voltage Packs from Nevada Facility to Promote Accelerated OEM and Consumer Growth Through E-Motion™ Platform
Vision Marine Technologies Announces Settlement of Outstanding Legal ClaimMONTREAL, QC / ACCESS Newswire / May 16, 2025 / Vision Marine Technologies Inc. (
NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion systems, today announced that it has successfully reached a settlement agreement resolving a previously disclosed outstanding legal claim related to certain of its shareholders.
