Vision Marine Technologies: Pioneering Electric Propulsion with Innovative Pontoon Integration
Montreal, Canada — November 20, 2023 — Vision Marine Technologies Inc. (NASDAQ:
VMAR), (“Vision Marine” or the “Company”), a global leader and innovator within the
performance electric recreational boating industry, is now steering its expertise towards the
flourishing pontoon market, which sees annual sales of around 60,000 units. In a strategic
move, Vision Marine introduces the P Powerpack, a game-changing solution offering ease of
installation for pontoon boats. This innovative approach significantly reduces the time and
effort required for installation compared to traditional internal combustion engine (ICE)
setups. As Vision Marine targets this new market segment, it celebrates its first order from
Wired Pontoons, a testament to the industry's growing interest in its technology. Since 2020,
Vision Marine has been at the forefront of integrating its E-motion™ electric outboard into
various pontoon brands, solidifying its status as a leader in the electric boating market.
