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Vision Marine Technologies Appoints Pierre-Yves Terrisse to Board of Directors to Strengthen Financial and Strategic Expertise

Montreal, Canada – February 10, 2025 – Vision Marine Technologies Inc. (the “Company,”
“Vision Marine,” “we,” “us,” “our”) (Nasdaq: VMAR, a pioneer in high-performance electric
marine propulsion, today announced the appointment of Pierre-Yves Terrisse to its Board of
Directors.

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Vision Marine Technologies Files Patent Application for Distributed Control System Architecture in Electric Marine Vessels

Montreal, Canada – February 6, 2025 – Vision Marine Technologies Inc. (the “Company,” “Vision Marine,” “we,” “us,” “our”) (Nasdaq: VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and Trademark Office. This application is part of an ongoing series of patents designed to advance the E-Motion™ High Voltage Electric Marine Powertrain. The newly developed Distributed Control System Architecture aims to simplify system integration, enhance scalability, and improve operational efficiency in electric marine vessels.

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Vision Marine Technologies to Feature Innovative Electric Boats at the Miami International Boat Show

Montreal, Canada – February 3, 2025 – Vision Marine Technologies Inc. (the “Company,” “Vision Marine,” “we,” “us,” “our”) (Nasdaq: VMAR), an innovator in electric marine propulsion, will exhibit at the Miami International Boat Show (MIBS) from February 14–18, 2024. Vision Marine will be featured at the Nautical Ventures Electric Pavilion in Pride Park, adjacent to the world-famous AquaZone™.

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Vision Marine Technologies Achieves European CE Certification for E-Motion™ Equipped Electric Boat

Montreal, Canada – January 31, 2025 – Vision Marine Technologies Inc. (the “Company”,
“Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a leading innovator in electric marine
propulsion, proudly announces that one of our boats integrated with our groundbreaking E-
Motion™ 180E Electric Marine HV Powertrain has successfully received “CE” certification or
European conformity. This milestone marks Vision Marine’s strategic push toward greater
penetration in the European market with its electric marine powertrain products, showcasing
its product’s readiness to meet the European Economic Area’s demand for sustainable and
high-performance boating solutions.

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Vision Marine Technologies Files Patent Application for Independent Fault Detection Technology

Enhancing Performance and Reliability in Electric Marine Powertrains
Montreal, Canada – January 27, 2025 – Vision Marine Technologies Inc. (the “Company,” “Vision Marine,” “we,” “us,” “our”) (Nasdaq: VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and Trademark Office. This application is part of a series of patents filed by Vision Marine to advance its E-Motion™ High Voltage Electric Marine Powertrain. The new Independent Fault Detection Technology is designed to autonomously manage critical powertrain components, improving operational performance and reliability while addressing the unique demands of the electric marine industry.

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Vision Marine Technologies Announces Closing of Private Placement

Montreal, QC, 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.

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Vision Marine Technologies Files Patent Application for Proprietary Battery Encryption System

Montreal, Canada – January 14, 2025 – Vision Marine Technologies Inc. (the “Company,” “Vision Marine,” “we,” “us,” “our”) (Nasdaq: VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and Trademark Office for a groundbreaking Battery Authentication Encryption Technology. This system is designed to securely integrate proprietary components within the E-Motion™ Electric Powertrain, prevent third-party substitution, and gather valuable boaters’ data, reinforcing the strategic value of Vision Marine’s advanced technology.

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Vision Marine Technologies Announces $5.8 Million Private Placement

Montreal, QC, January 13, 2025 — Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a pioneer in electric marine propulsion, today announced that it has entered into definitive securities purchase agreements dated January 12, 2025 with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a “Common Shares”) (or pre-funded warrants (“Pre-funded Warrants”) to purchase in lieu thereof) together with warrants (each a “Common Warrant”) to purchase one-half of the number of shares of common shares (or Pre-funded Warrants) of the Company at a price of US $1.25 per unit, on a brokered private placement basis, for aggregate gross proceeds of approximately US $5.8 million, before deducting fees and offering expenses.

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Vision Marine Technologies Announces 2025 Boat Show Schedule

Montreal, Canada – January 11, 2025 – Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a leading innovator in electric marine propulsion, is pleased to announce its schedule for the upcoming boat show season. The company will showcase its groundbreaking electric powertrain technology, its latest innovative electric boats, and, for the first time, electric pontoons available for purchase and delivery started spring 2025. Different boats, including E-Motion™ equipped models, will be showcased at select locations, ensuring a varied experience tailored to each show. Attendees will have the opportunity to see, test, and buy these newly added models in Vision Marine’s product lineup, with purchase inquiries available at all locations, even if specific boat models vary by show.

Vision Marine Technologies Announces 2025 Boat Show Schedule Read More »

Vision Marine Technologies Secures Over US$11.7 Million Through At-the-Market Offering to Accelerate Growth and Strategic Acquisitions

Boisbriand, Quebec, Canada – January 10, 2025 – Vision Marine Technologies Inc. (“Vision Marine”) (NASDAQ: VMAR), a leader in electric marine propulsion systems, is pleased to announce the successful completion of an at-the-market (“ATM”) offering, raising gross proceeds of approximately US$11.75 million and net proceeds of approximately US$11.2 million. We intend to use the net proceeds from the offering for general corporate purposes, including strategic acquisitions aimed at expanding our market presence and enhancing our technological capabilities.

Vision Marine Technologies Secures Over US$11.7 Million Through At-the-Market Offering to Accelerate Growth and Strategic Acquisitions Read More »

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