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Investorideas Featured Company: Vision Marine Technologies Inc. (NASDAQ: VMAR)

Vision Marine Technologies Inc.

Vision Marine Technologies Inc. (NASDAQ:VMAR) is a pioneer in electric boating, recognized for its innovative E-Motion™ Electric Marine Powertrain Technology that offers a superior, zero-emission boating experience. With proprietary, turn-key electric solutions, Vision Marine combines cutting-edge technology, high-performance propulsion, and eco-friendly systems. The company has broken multiple electric world speed records, showcasing its commitment to pushing the boundaries of performance. Vision Marine is leading the transformation of the marine industry with unmatched power and efficiency for a cleaner future on the water.

Key Facts:

Vision Marine Technologies Inc.

Symbol: (NASDAQ:VMAR)

Sector: Renewable Energy, Environment, Auto

Company Website: visionmarinetechnologies.com


Contact:

Investor Relations:

Bruce Nurse Investor Relations

(303) 919-2193 | bn@v-mti.com

Vision Marine Technologies Inc. (NASDAQ:VMAR)
Vision Marine Technologies Inc. (NASDAQ:VMAR)
Vision Marine Technologies Inc. (NASDAQ:VMAR)
Vision Marine Technologies Inc. (NASDAQ:VMAR)
Vision Marine Technologies Inc. (NASDAQ:VMAR)


ABOUT VISION MARINE TECHNOLOGIES (VMAR)

At Vision Marine Technologies, we are committed to enhancing recreational boating through advanced electric technology.

Our mission is to design, produce, and make available solutions to consumers and boat manufacturers with efficient electric technologies, resulting in a better experience for the end user and contributing to zero emissions, silence, and a better environment for boaters and the environment for decades to come.

At our core, Vision Marine innovates with its flagship High Voltage Marine Powertrain, the E-Motion™, which includes engineered battery packs tailored for marine applications, an inverter, a high-efficiency electric motor, and a proprietary union assembly that integrates the transmission and motor design, complemented by control software. The first product of the E-Motion™ Line is the 180E Outboard, providing a continuous 180HP at the propeller and therefore offering a real solution for the recreational boating world.

The E-Motion™ is a turnkey complete solution and has already been acclaimed by winning the Boat of the Year 2023 prize in the Bowrider Category from Boating Magazine for its first integration into the Four Winns H2e from Groupe Beneteau.

Additionally, our E-Motion™ power-equipped speed boat catamaran set remarkable consecutive electric speed records of 109 MPH in 2022 and 116 MPH in 2023 at the LOTO Shootout.

Vision Marine also continues to innovate in the design and manufacture of environmentally friendly fiberglass and plastic rotomolded electric recreational boats.

Vision Marine also operates electric boat rental centers and promotes the use of boats in its rental operations across America, most notably in Newport Beach and Ventura, in the state of California, and in Palm Beach, Florida.

VMAR Business Facts

  • Nasdaq Listed. Symbol “Vmar”
  • 25 Years In The Boating Industry.
  • Vision Marine Technologies, Inc. (Nasdaq: Vmar) Is Innovating In The Electric Propulsion Boating Market.
  • Vision Marine Technologies Manufactures 100% Electric Boats Producing Zero Emissions.
  • Vision Marine Technologies Produces Electric Marine Powertrain The E-Motion™ 180e In Outboard Version Providing Continuous 180 Hp.
  • The E-Motion 180e Is The Most Technically Advanced Electric Outboard Motor On The Market Today.
  • E-Motion 180e Is A Turn Key Solution For Boat Manufacturers. It’s E-Motion™ Powertrain Including: High Voltage Marine Battery Packs, Inverter (Charger), Throttle Control And Monitoring And Control Software.

EMOTION ELECTRIC POWERTRAIN TECHNOLOGY

E-Motion™ Marine Powertrain Technology is tailored for Electric Propulsion

 



Providing Electric Powerboating Capabilities to Recreational Platforms


A turnkey electric propulsion system featuring

A next generation service and experience for boaters

Updated wirelessly with a simple wireless connection provides free upgrades in the simplest way possible in the future. Seamless user experience provided by and integrated entertainment for navigation, entertainment and bluetooth connection.

The Cutting Edge Marine Battery Packs

IP67 Certified batteries are built to withstand the harshest marine environments. Glycol cooled with controlled heat exchanger, ensuring optimal performance, longevity. The system can also run dry. High quality standard built Stainless steel casing protects the battery from corrosion and physical damage overtime.

High Quality Throttle Controls

Experience precise control with this throttle boasting Forward, Reverse, Neutral functionality and a 0-100% throttle range. Its built-in Neutral position LED and Clutch Safety System button enhance user feedback and security, ensuring a safe and efficient operation. Throttle control are offered in 2 different form factor to suit different boat configurations.

Charge Anywhere Onboard Charger

Onboard Charging System allows for quick and easy charging from any shore outlet, in or out of the water. Charges overnight using a shore outlet 240V/ 30A on a 70 kWh battery bank. Available for American and European Market the E-Motion™ powertrain system available in each configuration. US 120-240V - EU 230V


Leveraging the best technology has to offer to create a new boating experience

Wireless Updates

Wirelessly keep your system updated with a simple connection. Enjoy free upgrades for a future-proof experience. Ensure you're always equipped with the latest features.

Bluetooth Functionalities

Seamless integration for entertainment and navigation. Connect and control via Bluetooth for a hassle-free experience. Enhance your journey with never-before-seen functions.

Mobile Application Monitoring

Monitor your battery's charge with ease on your mobile. The onboard charging system allows for quick status checks. Ensure optimal charging from any shore outlet.

Integrated Navigation Ressources

Navigate with precision using the integrated system. Get real-time metrics displayed on-screen for better decision-making. A complete user experience for navigation and entertainment.


The E-Motion™ 180E Powertrain

High-tech marine-designed motor, equipped with multisensor captors and independent cooling, providing the 180 horsepower.

Easy Charging Anywhere, Anytime

Onboard Charging System allows for quick and easy charging from any shore outlet, in or out of the water.

Built for Marine

A purpose marine designed powertrain unique in the industry with high quality standards.

More than a powerful electric outboard, The 180E is a complete powertrain package


P Powerpack

An E-Motion™ tailored solution for pontoon boats

The P PowerPack is more than just a product; it's the result of an extensive development journey - three years of rigorous work, integration into five pontoon platforms, and over a thousand hours of sea trials in Florida's salt water. It represents a significant leap in boating technology, offering a comprehensive, easy-to-install electric propulsion solution. Designed for swift integration within a few hours, it's an ideal fit for production lines, even for those new to electrification.

A Seamless Integration onto your production line Download the P Powerpack

The PPowerpack stands out as a groundbreaking solution for pontoon manufacturers seeking to expand their product portfolio with minimal risk and maximum ease. Its design, focusing on minimal connection requirements, ensures that installation is not just straightforward, but practically effortless. This turnkey solution significantly reduces the liabilities typically associated with complex installations, offering a safer, more reliable path for large enterprises to venture into new markets. The simplicity and reliability of the PPowerpack not only streamline

A complete turn key powertrain solution

  • Throttle Control
  • Contact Key
  • Electric Breaker
  • Electronicaly Controlled Pump
  • Navionics Navigation Maps
  • Data Transmission Module
  • Smart Battery
  • Water Detection Automatic System
  • Embbeded Chiller
  • Voltage Switch for US/EU Compatibility
  • Emergency Stop Button

MANAGEMENT TEAM

Alexandre Mongeon

Chief Executive Officer & Director

  • Over 25 years of extensive experience in the boating industry with a background in electrification and battery technology.
  • Co-Founder of Vision Marine Technologies
  • Oversees the design, manufacturing, and production of the E-Motion technology and electric boats.
  • Socially responsible entrepreneur and former world class avid racer of speedboats.

Raffi Sossoyan

Chief Financial Officer

  • Over 25 years experience in business and finance.
  • Leadership positions in a variety of private and public companies.
  • Chartered Professional Accountant (CPA).

Xavier Montagne

Chief Operating Officer & Chief Technology Officer

  • CEO and Senior Engineer with MAC Engineering, responsible for electronic architecture design, product selection, integration, fine tuning, optimization, and overall performance.
  • Prior to MAC Engineering, Mr. Montagne was senior designer for Foresee Power, Panasonic, and Saft in Europe, designing low and high voltage battery management systems.
  • Involved in the development of the sports version of the Renault ZOE, using his expertise to help design the powertrain definition, conception, and assembly.

BOARD OF DIRECTORS

Alexandre Mongeon

Chief Executive Officer & Director

  • Over 25 years of extensive experience in the boating industry with a background in electrification and battery technology.
  • Co-Founder of Vision Marine Technologies
  • Oversees the design, manufacturing, and production of the E-Motion technology and electric boats.
  • Socially responsible entrepreneur and former world class avid racer of speedboats.

Anthony E. Cassella Jr.

Independent Board Director

  • Assumes the role of Executive Vice President Finance and Chief Accounting Officer at MarineMax, commencing in February 2023.
  • Previously fulfilled the position of Vice President at MarineMax from February 2016.
  • Appointed as Chief Accounting Officer in October 2014, concurrently assuming the role of Executive Officer at MarineMax.
  • Demonstrated proficiency in leadership through roles including Director of Accounting and Shared Services from October 2007 to February 2011, and Regional Controller from March 1999 to October 2007.

Dr. Philippe Couillard

Independent Board Member

  • 31st Premier of Québec.
  • Global experience as an executive in electric transition.
  • Global experience in public policy and business achievements.

Luisa Ingargiola

  • Diverse experience of capital markets and public companies. Currently, CFO of Avalon GloboCare, a biotech health care company with leading cell based therapeutic technologies for cancer and neuromuscular disease.
  • Currently on the Board of AgEagle (NYSE:UAVS) and Electra Meccanica (NASDAQ:SOLO)
  • Previously CFO and current board member of Magne Gas Corporation.
  • BS in Finance, Boston University and Master of Health
  • Administration, University of South Florida.

Steve P. Barrenechea

  • Entrepreneur and advisor, with 30+ years of hands on expertise covering the hospitality, and renewable and alternative energy industries, with a focus on EV and battery technologies.
  • Held numerous senior management and consulting positions with both public and private companies, with emphasis on corporate governance and investor relations.
  • Has in the past sat on the Board of Directors of The Creative Coalition, The American Red Cross, among others.

Media:

Vision Marine Technologies Inc. (Nasdaq:VMAR) is a paid for featured cleantech stock . Read more disclosure Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info

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