Vision Marine Technologies Files Patent Application for Independent Fault Detection Technology
Enhancing Performance and Reliability in Electric Marine Powertrains
MONTRÉAL, QC / ACCESS Newswire / 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.
'Reliability and performance are at the core of our E-Motion™ powertrain systems,' said Xavier Montagne, Chief Technology Officer at Vision Marine. 'This patent application demonstrates the benefits of a redundant architecture consisting of multiple high voltage batteries connected in parallel. Safety loops that independently ensure the security of each battery help maintain high operational performances.'
The technology incorporates a Power Distribution Unit (PDU) equipped with independent fault detection loops for key connections, including batteries and propulsion systems. These loops isolate faults autonomously, eliminating the need for manual intervention or centralized control. This innovation enables potential issues to be addressed in real time, minimizing downtime and enhancing reliability under various operating conditions.
The independent fault detection system aligns with Vision Marine's broader commitment to developing solutions that address the technical and operational challenges of electric marine propulsion. By combining advanced engineering with data-driven insights, the Company is contributing to the development of a powertrain ecosystem that optimizes performance, supports sustainable boating, and meets the evolving demands of the marine market.
As electric propulsion becomes the future of the marine industry, Vision Marine's innovation is paving the way for a new era of sustainable and reliable boating. By focusing on creating scalable, data-driven, and advanced technology solutions, the Company is addressing the industry's most pressing challenges while supporting the transition to electric-powered marine vessels.
About Vision Marine Technologies Inc.
Vision Marine Technologies, Inc. (NASDAQ:VMAR) is driving the shift to sustainable, electric-powered recreational boating with its E-Motion™ outboard powertrain system. Combining advanced battery technology, high-efficiency motors, proprietary software, and innovative assembly techniques, Vision Marine delivers efficient and high-performing solutions for the marine industry.
Forward-Looking Statement
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially. For a detailed discussion of these risks, refer to Vision Marine's Annual Report on Form 20-F for the year ended August 31, 2024, and other periodic filings with the U.S. Securities and Exchange Commission. Vision Marine does not undertake any obligation to update or revise forward-looking statements other than as required by law.
Investor and Company Contact:
Vision Marine Technologies
Bruce Nurse
(303) 919-2913
[email protected]
Twitter: @marine_vision
YouTube: @VisionMarineTechnologies
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Are Daktronics, Inc.'s (NASDAQ:DAKT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
It is hard to get excited after looking at Daktronics' (NASDAQ:DAKT) recent performance, when its stock has declined 9.3% over the past month. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Specifically, we decided to study Daktronics' ROE in this article. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Daktronics is: 0.7% = US$1.8m ÷ US$272m (Based on the trailing twelve months to January 2025). The 'return' is the profit over the last twelve months. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.01 in profit. Check out our latest analysis for Daktronics We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. It is hard to argue that Daktronics' ROE is much good in and of itself. Not just that, even compared to the industry average of 11%, the company's ROE is entirely unremarkable. However, we we're pleasantly surprised to see that Daktronics grew its net income at a significant rate of 42% in the last five years. Therefore, there could be other reasons behind this growth. Such as - high earnings retention or an efficient management in place. Next, on comparing with the industry net income growth, we found that Daktronics' growth is quite high when compared to the industry average growth of 11% in the same period, which is great to see. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. Is Daktronics fairly valued compared to other companies? These 3 valuation measures might help you decide. Daktronics doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above. In total, it does look like Daktronics has some positive aspects to its business. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
One Creative Realities Insider Raised Their Stake In The Previous Year
Looking at Creative Realities, Inc.'s (NASDAQ:CREX ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold. While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Over the last year, we can see that the biggest insider purchase was by CEO & Chairman of the Board Richard Mills for US$52k worth of shares, at about US$3.26 per share. That implies that an insider found the current price of US$3.43 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Creative Realities insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Richard Mills. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for Creative Realities Creative Realities is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 11% of Creative Realities shares, worth about US$4.1m, according to our data. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Whilst better than nothing, we're not overly impressed by these holdings. It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Creative Realities stock. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 3 warning signs for Creative Realities that deserve your attention before buying any shares. But note: Creative Realities may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Those who invested in Atlanticus Holdings (NASDAQ:ATLC) five years ago are up 301%
Buying shares in the best businesses can build meaningful wealth for you and your family. While not every stock performs well, when investors win, they can win big. Don't believe it? Then look at the Atlanticus Holdings Corporation (NASDAQ:ATLC) share price. It's 301% higher than it was five years ago. If that doesn't get you thinking about long term investing, we don't know what will. It's down 1.3% in the last seven days. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During five years of share price growth, Atlanticus Holdings achieved compound earnings per share (EPS) growth of 33% per year. That makes the EPS growth particularly close to the yearly share price growth of 32%. That suggests that the market sentiment around the company hasn't changed much over that time. Indeed, it would appear the share price is reacting to the EPS. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. This free interactive report on Atlanticus Holdings' earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. It's nice to see that Atlanticus Holdings shareholders have received a total shareholder return of 92% over the last year. That gain is better than the annual TSR over five years, which is 32%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand Atlanticus Holdings better, we need to consider many other factors. Take risks, for example - Atlanticus Holdings has 2 warning signs (and 1 which is a bit unpleasant) we think you should know about. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
