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Vision Marine Technologies Powers into Commercial Growth Phase, Appoints Daniel Rathe CTO of Operations
Nautical Ventures acquisition and completion of current product development drive next stage of electric boating deployment
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Vision Marine Technologies to Host Investor Call Following Strategic Acquisition of Nautical Ventures Group
MONTREAL, 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 Year
Creates North America's first High-Voltage Propulsion Manufacturer with Multi-Brand Retail and Service InfrastructurePositions Company for Accelerated Growth in $2.5B+ Global Electric Boat MarketConsistently Generated Over USD $100 Million in Annual Sales from 2020 to 2023
Vision Marine Technologies' 180E Electric Powertrain Approved under California's CORE Voucher Program, Incentivizes Adoption of Electric Boat Propulsion
E-Motion™ 180E systems now eligible for up to $170,000 in per-unit government vouchers-driving large-scale electrification of commercial fleets in CaliforniaKey HighlightsVision Marine's E-Motion™ 180E propulsion kits approved under California's CORE (Clean Off-Road Equipment) programUp to $170,000 per vessel in state-funded vouchers available for qualifying fleet operatorsApplies to both new electric boat builds and retrofit conversions using Vision Marine's certified installersCalifornia market includes approximately 4,400 commercially operated vessels across sectors such as ferries, harbor patrol, tour boats, rentals, and service craftApproval aligns with broader industry momentum toward electrification, strengthening Vision Marine's market position
Vision Marine Secures U.S. Battery Supply Chain Through Strategic Expansion with Octillion Power Systems
U.S.-Assembled 45.36 kWh High-Voltage Packs from Nevada Facility to Promote Accelerated OEM and Consumer Growth Through E-Motion™ Platform
AmeriTrust Announces First Quarter 2025 Financial Results
TORONTO, ON / ACCESS Newswire / May 21, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust", "AMT" or the "Company"), a fintech platform targeting automotive finance, is announcing that it has filed its interim Consolidated Financial Statements and Management's Discussion and Analysis report for the three months ended March 31, 2025. These documents may be viewed under the Company's profile at www.sedarplus.ca.
Vision Marine Technologies Announces Settlement of Outstanding Legal Claim
MONTREAL, 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.
Vision Marine Technologies Files Patent for Advanced Software-Based Overload Protection in Electric Marine Powertrains
MONTRÉAL, QUEBEC / ACCESS Newswire / May 6, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion systems, announced today it filed a new U.S. patent application with the United States Patent and Trademark Office for software-driven overload protection of cooling-pump motors integrated within the Company's proprietary E-Motion™ high-voltage ("HV") powertrain.
Vision Marine Technologies Inc. Announces Postponement of Annual Meeting of Shareholders
MONTREAL, QC / ACCESS Newswire / May 2, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("VMAR" or the "Company") a pioneer in electric marine propulsion, today announced that its Annual Meeting of Shareholders (the "Shareholders Meeting"), which was originally scheduled to be held on May 15, 2025, has been postponed. The Shareholder's Meeting is now scheduled to be held virtually, on May 23, 2025, starting at 10:00 a.m. EST. Shareholders who are interested in participating in the Shareholders Meeting should use the following link:
Vision Marine and STERK Achieve Internal Hull Optimization for E-Motion(TM) Electric Propulsion Integration
MONTREAL, QC / ACCESS Newswire / April 16, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, announces the successful completion of internal hull optimization in collaboration with renowned German boatbuilder, MS Marine GmbH ("STERK"). This milestone represents a key deliverable under the exclusive supply agreement between the two companies and demonstrates continued progress toward bringing to market premium fully electric boats built for performance and scale.
AmeriTrust Announces 2024 Annual Financial Results
TORONTO, ON / ACCESS Newswire / April 14, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust", "AMT" or the "Company"), a fintech platform targeting automotive finance, is announcing that it has filed its audited Consolidated Financial Statements and Management's Discussion and Analysis report for the years ended December 31, 2024, and 2023. These documents may be viewed under the Company's profile at www.sedarplus.ca.
Vision Marine Technologies Strengthens Innovation with New Patent Filing for Secure Vessel Connectivity
MONTRÉAL, QC / ACCESS Newswire / April 9, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion systems, announces that it has filed a new U.S. patent application with the United States Patent and Trademark Office (USPTO), significantly enhancing its proprietary E-Motion™ Electric High-Voltage (HV) Marine Powertrain technology.
Vision Marine Displays Operational Strength with Multi-Boat Investor Showcase Amid Trade Headwinds
MONTREAL, QC / ACCESS Newswire / April 1, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in high-performance electric marine propulsion, asserts market readiness by recently hosting a live investor demonstration event in Florida, showcasing the breadth of its product integrations and the maturity of its E-Motion™ electric powertrain technology.
Vision Marine Technologies Announces Reverse Stock Split
MONTREAL, QC / ACCESS Newswire / March 27, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, today announced that the Company's board of directors (the "Board") approved a 10 -for-1 reverse stock split of the Company's common shares. The reverse stock split is expected to become effective when the market opens on March 31, 2025 (the "Effective Date") and the Company's common shares will begin trading on a split-adjusted basis under the existing trading symbol "VMAR." The new CUSIP number for the Company's common shares following the reverse stock split will be 92840Q301.
AmeriTrust Upgrades OTC Listing To OTCQB
TORONTO, ONTARIO / ACCESS Newswire / March 10, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust" or the "Company"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce that it has received approval for trading its common shares on the OTCQB Market (the "OTCQB") under the symbol AMTFF effective today, March 10th, 2025. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "AMT".
Vision Marine Technologies Expands E-Motion(TM) Innovations with Patent Filing for Adaptive Water Pump Control
MONTREAL, QUEBEC / ACCESS Newswire / March 10, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, announces the filing of a new patent application with Kennedy Lenart Spraggins, LLP. for Adaptive Control of a Water Pump in a Marine Propulsion System.
Vision Marine Technologies Affirms Resilience Amid U.S.-Canada Trade Tariffs
With established U.S. operations and a skilled workforce in electric marine propulsion, Vision Marine is well-prepared to navigate the evolving trade landscape. The Company has maintained a strong presence in the United States for years, operating through its two established entities and employing highly qualified technicians specialized in electric boat systems. This foundation positions Vision Marine remains to continue delivering innovative solutions to its customers while minimizing exposure to shifting trade policies.
Vision Marine Technologies Inc. Signs Global Exclusive Supply Agreement With STERK for Electric Boats
Under the agreement, Vision Marine may exclusively integrate its E-Motion™ 180E electric propulsion system into certain STERK boats, facilitating a seamless and high-performance electric boating experience. This collaboration marks a significant milestone in Vision Marine's European expansion strategy, as STERK boats are to be assembled in Germany using Vision's Marine's battery packs.
Vision Marine Technologies Strengthens E-Motion(TM) Line With New Outboard PCU Patent Filing
The patent application reinforces Vision Marine Technologies' role in advancing electric marine propulsion technology. The newly developed Outboard PCU autonomously manages propulsion parameters and cooling operations, delivering enhanced efficiency and reliability. Leveraging a dual-CAN bus architecture, the PCU promotes seamless communication with both internal sensors and actuators within the outboard engine housing and external vessel control units (VCU). This architecture enables real-time autonomous control of the electric motor, increasing performance while maintaining robust safety protocols and scalability.
AmeriTrust Announces Hiring of Data Scientist and Launch of AI Initiatives
TORONTO, ON / ACCESS Newswire / February 24, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTC PINK:PWWBF)(Frankfurt:1ZVA) ("AmeriTrust" or the "Company"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce the appointment of Mozhgan Parsa, PhD, to the position of Data Scientist. Mozhgan has a strong background in machine learning engineering, data science, and AI research. She will work with Xia Zhang, CTO, and Sean Severin, CIO, to integrate Artificial Intelligence functionality into AmeriTrust's proprietary lease and loan finance technology.
Vision Marine Technologies Announces Approval of Stock Repurchase Program
Alexandre Mongeon, Co-Founder and Chief Executive Officer of Vision Marine, commented:"The Board of Directors recognizes the challenges faced by microcap stocks in the current market environment. While Vision Marine has made significant strides in the electrification of marine transportation, we believe our stock price does not accurately reflect the Company's value and long-term potential. We believe that the implementation of a stock repurchase program would take a strategic step to enhance shareholder value and demonstrate confidence in our vision to lead the industry with our industrialized, turnkey electric powertrain solutions."
Vision Marine Technologies Strengthens Partnership with Electrified Marina to Propel Electric Boating on the East Coast
Co-founded by Erick Pinzon, Jr., a former Tesla service and charging infrastructure specialist, Electrified Marina has become a key player in the electric boating sector. Known for its deep industry knowledge, Electrified Marina has built a strong reputation by selling and operating both high-powered electric boats and low-powered electric cruisers, making electric boating accessible to a diverse range of customers.
Vision Marine Technologies to Present New 180E-Integrated Boats at Carefree 2025 Carefree Boat Club Annual Conference
Vision Marine will showcase new rental-ready electric boats, most notably a 22' dual console boat and a 30' pontoon, both powered by the E-Motion™ 180E HV Electric Powertrain technology. These newly integrated models will be available for sea trials and orders, offering Carefree Boat Club operators a firsthand experience of the turnkey electric solutions designed to elevate rental and membership-based boating experiences.
Vision Marine Expands Partnership With Aileron Residences to Launch Electric Boat Rentals and Retail Hub in South Florida
This partnership provides Vision Marine with essential dock space and storage, allowing for a phased rollout of rental operations with on-site Company presence. Additionally, Vision Marine intends to open its new point of sale ("POS") location to strengthen its foothold in the Florida market by providing early exposure to its products and services, which is expected to solidify its long-term growth strategy."This partnership marks a significant step in integrating electric boating into luxury real estate" said Maxime Poudrier, Head of Growth & Strategic Partnerships at Vision Marine Technologies. "Aileron Residences expects to set a new standard by offering not only seamless access to our electric boat club but also a platform for introducing cutting-edge 180E E-Motion electric boats. This location will serve as a launchpad for innovative electric boating solutions, redefining the marine experience with minimal environmental impact."
Vision Marine Technologies Appoints Pierre-Yves Terrisse to Board of Directors to Strengthen Financial and Strategic Expertise
Mr. Terrisse has been a trusted advisor and strategic contributor to Vision Marine for the past three years, bringing invaluable financial insight and market expertise as the Company navigated its growth in the electric marine sector. With over 25 years of experience in capital markets, financial analysis, and corporate development, his deep knowledge of the technology and industrial sectors has already played a key role in shaping Vision Marine's strategy. His formal appointment to the Board underscores the essential role he has played and will continue to play in guiding the Company's evolution and expansion.
Vision Marine Technologies Files Patent Application for Distributed Control System Architecture in Electric Marine Vessels
Enhancing Efficiency, Scalability, and Performance in High-Voltage Electric Powertrains
Vision Marine Technologies to Feature Innovative Electric Boats at the Miami International Boat Show
Attendees will have the opportunity to view and purchase Vision Marine's latest advancements in electric boating, including one third-party model powered by the E-Motion™ 180E electric powertrain, alongside two proprietary electric models.
Vision Marine Technologies Achieves European CE Certification for E-Motion(TM) Equipped Electric Boat
Our "CE" certification is a pivotal step in Vision Marine's European strategy. After numerous successful integrations of the E-Motion™ 180E system into boats produced by European manufacturers, obtaining "CE" certification on this first boat was the logical progression to obtain compliance with the region's rigorous standards.
Vision Marine Technologies Files Patent Application for Independent Fault Detection Technology
Enhancing Performance and Reliability in Electric Marine Powertrains
Vision Marine Technologies Announces Closing of Private Placement
MONTRÉAL, QC / ACCESS Newswire / January 16, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (NASDAQ:VMAR), 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.