Montreal, QC, May 22, 2024 — Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision
Marine” or the “Company”), a pioneer in electric marine propulsion, proudly announces the filing
of its fourth patent on May 15, 2024, for a dedicated high-voltage marine battery pack. This
battery pack is a key element of the E-Motion™ Marine Powertrain Technology and will also
be available as a standalone product for future recreational electric powerboats.
Over a rigorous five-year development period, Vision Marine meticulously tested and
evaluated various batteries to power the E-Motion™ Electric Powertrain. Existing solutions
fell short of the high standards for performance, security, and ease of installation required for
a premier marine powertrain. Determined to address this gap, Vision Marine engineered a
bespoke solution prioritizing security, performance, and user-friendly installation.
An Innovative High Voltage Battery Pack for the Marine Industry
The Vision Marine team created a state-of-the-art marine battery surpassing automotive
standards, featuring NMC (1) cells and an advanced battery management system. This unique
battery is designed to endure the critical challenges of electric boating, with high voltage
delivery, sophisticated electronic communications, and internal cooling tailored for the E-
Motion™ Technology.
"The architecture and design were made with no compromise to suit marine propulsion" said
Xavier Montagne, Chief Technology Officer. "This battery pack sets the pace for innovation,
delivering leading performance and efficiency at the convergence of power and security in
the electric recreational boating industry. It also has the potential to accelerate wider electric
powerboat adoption."
Designed with naval architects over four years, this pack’s form factor, inspired by traditional
gas tanks, facilitates installation in recreational boats ranging from 18-34 feet. Its IP67(2)
waterproof stainless-steel construction, with high-placed connectors at the tail end, provides
ergonomic installation and resistance to water exposure. The pack’s versatile design includes
multiple fixation points for dampers, enhancing vibration resistance throughout its lifetime.
Patenting Unique Innovative Solutions
"Securing the patent for the battery is essential. These packs are the cornerstone of efficiency
on the water and can be sold to other OEMs and powertrain manufacturers at scale," said
Alexandre Mongeon, CEO. "The battery packs will become a significant source of income as
demand rises." If granted, this patent will reinforce Vision Marine's control over the
manufacturing process for these batteries by owning the necessary tools, facilitating the
company to produce them at any location of its choosing.
Continuing to mold the electric boating revolution, Vision Marine drives innovation and
sustainability in the industry. As demand for environmentally friendly marine propulsion
grows, Vision Marine believes its advancements will be shaping the future of boating.
(1) Nickel Manganese Cobalt
(2) Ingress Protection (IP) Testing: 6 – Protected Against Powerful Water Jets, 7 – Protected Against the Effects of Immersion
(2) Ingress Protection (IP) Testing: 6 – Protected Against Powerful Water Jets, 7 – Protected Against the Effects of Immersion
About Vision Marine Technologies, Inc.
Vision Marine Technologies, Inc. (NASDAQ: VMAR) epitomizes the marine industry’s shift towards
electric propulsion, offering the pioneering E-Motion™ outboard powertrain system. This innovative
technology represents a significant leap forward in marine propulsion, combining advanced battery
packs, inverters, and high-efficiency motors with proprietary software and assembly techniques.
Vision Marine’s commitment to eco-friendly electric powerboats is reshaping the recreational boating
experience, offering higher speeds, longer ranges, and smoother rides than traditional internal
combustion engine boats. With a focus on design, innovation, and craftsmanship, Vision Marine
continues to redefine recreational boating for a more sustainable future.
Forward-Looking Statements
This press release contains forward-looking statements within the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations,
estimates, and other information that might be considered as future events or trends, not relating to
historical matters. These statements involve known and unknown risks, uncertainties, and other
factors that may cause actual results, performance, or achievements to differ materially from those
expressed or implied by such statements. Vision Marine’s Annual Report on Form 20-F for the year
ended August 31, 2023, and its periodic filings with the SEC provide a detailed discussion of these
risks and uncertainties. Vision Marine does not undertake any obligation to update or revise any
forward-looking statements, whether as a result of new information, future events, or otherwise, as
required by law.
Learn More
Website: visionmarinetechnologies.com
Twitter: @marine_vision
Facebook: @VisionMarineTechnologies
Instagram: @visionmarine.technologies
YouTube: @VisionMarineTechnologies
Twitter: @marine_vision
Facebook: @VisionMarineTechnologies
Instagram: @visionmarine.technologies
YouTube: @VisionMarineTechnologies
