Twin Vee Powercats Co.
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- Twin Vee PowerCats Co. (Nasdaq:VEEE) designs, manufactures, and markets recreational and commercial power catamaran boats featuring symmetrical twin-hull designs that enhance stability, fuel efficiency, and ride quality; the company offers ten gas-powered models in production, including the 40-foot offshore 400 GFX2 center console, 34-foot 340 GFX2, 28-foot 280 GFX2 and 280 STX, 26-foot 260 STX, 24-foot 240 STX, and smaller bay models down to 22 feet, alongside V-hull boats under the AquaSport brand and high-performance monohulls under the newly integrated Bahama Boat Works brand for fishing, diving, water skiing, transportation, eco-tours, and expeditions. Twin Vee PowerCats Co. sells through a network of independent dealers across North America, the Caribbean, and Central America, targeting recreational boaters, commercial operators, law enforcement, public safety, and hospitality sectors. Founded in 1996 and headquartered at 3101 South US Highway 1 in Fort Pierce, Florida, the company operates from a 7.5-acre facility with over 75,000 square feet and employs approximately 85 people. In June 2025, Twin Vee acquired certain assets of Bahama Boat Works, uniting legacies in premium boat craftsmanship and enabling production ramp-up with advanced composite processes; by November 2025, the company commenced customer deliveries for the Bahama Boats line via its expanded dealer network, marking initial commercial rollout into sportfishing and high-performance markets. Additionally, Twin Vee sold its former Forza X1 manufacturing site in Marion, North Carolina, for $4.25 million in October 2025 to streamline capital allocation toward core operations and development.
Twin Vee PowerCats Reports Continued Revenue Growth in the First Quarter
Twin Vee PowerCats Announces Repeat Order of Custom 400 GFX2 from Exuma Water Sports
Twin Vee PowerCats Co. Announces Reverse Stock Split to Regain Compliance with Nasdaq's Bid Price Requirement
Twin Vee PowerCats Co. Announces Reincorporation to Nevada to Enhance Corporate Flexibility and Drive Long-Term Cost Savings
Analyzing Twin Vee PowerCats (NASDAQ:VEEE) & Sportradar Group (NASDAQ:SRAD)
Twin Vee PowerCats Co. Announces Nautical Ventures as Broward County Florida Dealer
Vision Marine Technologies and Nautical Ventures Secure Exclusive Twin Vee Territory in Broward County and Introduce Signature Adventure V Edition
Twin Vee PowerCats Co. Announces First Delivery of Bahama Boat Under New Ownership
Twin Vee PowerCats Announces Closing of Offering
Twin Vee PowerCats Announces Offering Priced At-The-Market Under Nasdaq Rules
Twin Vee PowerCats Announces Closing of Offering
Twin Vee PowerCats Announces Offering Priced At-The-Market Under Nasdaq Rules
Twin Vee PowerCats Announces Withdrawal of Proposed Public Offering
Twin Vee PowerCats Announces Proposed Public Offering of Common Stock
Twin Vee PowerCats Set to Redefine the Offshore Adventure Day Boat Category
Twin Vee PowerCats Co. Reports 2025 Financial Results
Twin Vee PowerCats Announces Closing of Public Offering
Twin Vee PowerCats Announces Pricing of Public Offering
Twin Vee PowerCats Co. Approved to Operate in Louisiana
Twin Vee PowerCats to Host Invitation-Only Media Day and Relaunch Iconic Bahama Boat Works at Palm Beach Boat Show