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MONTREAL, QC / December 14, 2023 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision
Marine" or the "Company"), a global leader and innovator within the performance electric recreational
boating industry, announced today that it has entered into definitive securities purchase agreements with
several institutional and accredited investors (the “Investors”) for the sale of its preferred shares and
warrants. Vision Marine sold an aggregate of 3,000 shares of its non-dividend bearing Series A Preferred
Shares, with a stated value of US$1,000 per share, and Warrants to purchase up to 2,857,142 of its
common shares for aggregate gross proceeds of US$3.0 million, before deducting placement agent fees
and other offering expenses.
Montreal, Canada — December 4, 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 excited to announce a significant expansion in Riviera Beach, Florida
this month through a strategic partnership with Blue Water Boat Rental, a leader in internal
combustion engine boat rentals. This move marks a key milestone in Vision Marine's strategic plan,
reflecting our commitment to broaden the reach and impact of sustainable electric boating.
On August 4, 2023 a freshly built catamaran from S2 Racing outfitted with two e-Motion 180E electric outboards from Vision Marine Technologies went into the water in Lake Mead Florida. Twenty three days later, on the waters of Lake of the Ozarks, Missouri, it hit a speed of 116 miles an hour, setting a new world speed record for electric boats.
Vision Marine Technologies Inc., a global leader and innovator within the performance electric recreational boating industry, is pleased to announce that it has received an initial purchase order from Wired Pontoons (“Wired”) for 25 units of the E-Motion™ 180E outboard and powertrain systems.
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.
Montreal, Canada — November 16, 2023 — Vision Marine Technologies Inc. (NASDAQ: VMAR)
(“Vision Marine” or the “Company”), a global leader and innovator within the performance electric
recreational boating industry, announces their partnership with 4ocean to officially join the clean
ocean movement and launch their “Buy One Pull One” campaign to pull thousands of pounds of
plastics from waterways and the ocean.
We’ve seen electric vehicle competition heat up on land. Could we be seeing the beginning of another one on water?
Montreal, Canada — November 13, 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 pleased to announce that it has received an initial purchase order from
Wired Pontoons (“Wired”) for 25 units of the E-Motion™ 180E outboard and powertrain systems.
Montreal, Canada —October 4, 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
pleased to announce the delivery of its pioneering E-Motion™ Electric Powertrain Technology to Groupe
Beneteau, Four Winns at their production facility in Michigan. These will be the inaugural electric motors
integrated on the Four Winns H2e Bowrider.
Contact
Jean-François Ruel
Investor Relation
ir@v-mti.com
Events
730 Boulevard du Curé-Boivin, Boisbriand,
Qc Canada, J7G 2A7
