Vision Marine Technologies Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alexandre Mongeon
- Full Time Employees
- 46
- Sector
- Consumer Cyclical
- Industry
- Auto - Recreational Vehicles
- Address
- 730 Boulevard du CurE-Boivin Boisbriand QC Canada J7G 2A7
- IPO Date
- Nov 24, 2020
- CIK
- 0001813783
- Website
- visionmarinetechnologies.com
- Similar Companies
- Business
- Vision Marine Technologies Inc. designs, develops, manufactures, rents, and sells electric boats and electric propulsion systems primarily focused on high-voltage electric outboard motors. Its core products include the E-Motion series electric outboard powertrain system, advanced battery packs, inverters, and high-efficiency motors integrated into electric recreational powerboats such as the Bruce 22, Fantail 217, and Volt 180. The company also provides maintenance, repair, and customer support services and manufactures customized boats. It serves original equipment manufacturers, retail customers, boat clubs, and boat rental operations across Canada, the United States, and internationally. Founded in 1995 and headquartered in Boisbriand, Quebec, Canada, Vision Marine operates in the recreational vehicles and consumer discretionary sectors. In the last 1-2 years, Vision Marine Technologies executed a significant strategic expansion through the acquisition of Nautical Ventures Group Inc., a leading multi-brand boat dealership network in Florida, recognized as the 2024 Boating Industry Top 100 Dealer of the Year. This acquisition expanded Vision Marine's retail footprint across eight high-traffic locations in Florida, enabled integration of its E-Motion 180E electric propulsion system across 24+ boat models covering 80% of Nautical Ventures’ inventory, and increased their multi-brand product offerings encompassing popular boat brands like Beneteau, Axopar, Highfield, Northstar, Wellcraft, and others. The integration has strengthened Vision Marine’s commercial performance with over 166 boat sales reported within 120 days and improved operational liquidity and efficiency. Vision Marine’s E-Motion 180E motor includes 13 patent-pending innovations such as cryptographic component authentication and overload protection, with industrial validation by McLaren Engineering and California CORE project approval, underlining its technical leadership and environmental focus on zero-emission marine propulsion. Vision Marine Technologies combines its two-pillar strategy of high-voltage electric propulsion technologies and the Nautical Ventures multi-brand retail and service network to deliver premium boating experiences and scale electric adoption across core North American recreational boating markets. The company’s flagship products emphasize superior performance, higher speeds up to 40 knots, longer range capabilities up to 100 nautical miles, quieter operation, and zero emissions, positioning Vision Marine as a leading innovator in electrically powered marine transportation. The company remains publicly listed on NASDAQ under the ticker VMAR. This expanded business model leverages technological innovation, strategic partnerships with major OEMs through licensing and white-labeling agreements, and a robust retail platform to accelerate industry transformation towards clean electric boating solutions. Vision Marine continuously focuses on optimizing capital structure, operational efficiencies, and scaling its market reach in both electric and internal combustion engine (ICE) boat segments. Overall, Vision Marine Technologies Inc. is a marine technology company focused on advancing electric marine propulsion, offering electric outboard motors, electric boats, and a broad, multi-brand retail platform enhanced by recent major acquisitions and strategic growth initiatives primarily in North America. Its headquarters is located at 730 Cure-Boivin Boulevard, Boisbriand, Quebec, Canada.
Vision Marine Technologies Receives First Octillion Power Systems Sample Packs, Advancing E-Motion™ Market Offering
Vision Marine Technologies Provides Operational Update on Nautical Ventures Fort Lauderdale Marina, Service Center and Electric Marine Service Capabilities
Vision Marine Technologies Continues Development of Refined P PowerPack for Pontoon Applications
Vision Marine Technologies Activates E-Motion™ Data Platform to Advance Predictive Maintenance, Warranty Intelligence and Post-Sale Powertrain Optimization
Vision Marine Technologies Provides Operational Update on Nautical Ventures Platform
Vision Marine Technologies Expands California Market Presence Through Title Sponsorship of Lake Berryessa Electric Boat Festival
Vision Marine Technologies Files 16th U.S. Patent Application Covering Electronic Reverse-Thrust Architecture for Electric Outboards
Vision Marine Technologies Provides Shareholder Update Highlighting Commercial Expansion and Operational Execution
Vision Marine Technologies Announces Transaction Involving the Proposed Sale of Fort Lauderdale Property for up to US$10.0 Million as it Centralizes Retail Operations at its Anglers Marina
Vision Marine Technologies Renews and Expands Floor Plan Credit Facility to Support Inventory Deployment Across Nautical Ventures Platform
Vision Marine Technologies to Commence Trading on TSX Venture Exchange
Vision Marine Technologies Secures Conditional TSX Venture Exchange Listing Approval, Expanding Capital Markets Access for Its Marine Technology Platform
Vision Marine Technologies Accelerates Operational Transformation with NVG Segment Near EBITDA Breakeven and Significant Balance Sheet Improvements
Vision Marine Technologies Activates AI-Enabled Retail Platform to Enhance Sales Execution Across Nautical Ventures Network
Vision Marine Technologies Expands Commercial Operator Channel with Initial Hospitality Fleet Deployment in Michigan
Vision Marine Technologies and Nautical Ventures Secure Exclusive Twin Vee Territory in Broward County and Introduce Signature Adventure V Edition
Vision Marine Technologies Reports Strong Commercial Demand Driving 2026 Production Commitments
Nautical Ventures Adds AIATA Boat Brand to Its Product Portfolio
Vision Marine Technologies Electric Boat Sales Under Contract Surge as 2026 Deployment Accelerates
Vision Marine Technologies Positions for Scalable Electric Adoption Through Dominant Pontoon Segment; Introduces SPECTR 26 Flagship Platform