Latest news with #QC
Yahoo
2 days ago
- Automotive
- Yahoo
Vision Marine Technologies Accelerates Global Leadership in Tender Market, Deploys Strategic Growth Initiatives
MONTREAL, QC / / July 28, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in high-voltage electric marine propulsion and a multi-brand boat retailer with a strong dealership network across Florida, today announced the expansion of its commercial activities across the global tender market-a high-turnover, high-impact segment in which the Company now holds a commanding position. Following its acquisition of Florida-based Nautical Ventures Group, Winner of Boating Industry's Top 100 Dealer of the Year award in 2024, Vision Marine has become one of the largest US distributors of Highfield Boats-which bills itself as the world's number one manufacturer of rigid inflatable tenders. Highfield reports having delivered approximately 54,000 units globally since 2011. Vision Marine now accounts for a leading share of its North American 2022 to 2024, Nautical Ventures Group, which Vision Marine acquired in June 2025, sold in excess of 600 tenders across its Florida-based dealership network, generating more than $14 million in revenue. In 2023 alone, Nautical Ventures sold more than 200 units, representing over $4 million in tender-related sales. These strong historical results-achieved prior to the acquisition-form the commercial backbone of Vision Marine's current tender strategy and reflect the performance capacity of the Company's seven high-volume dealership locations strategically positioned across Florida, the epicentre of U.S. recreational boating. Vision Marine has also allocated a dedicated retail and service facility at 1440 South Federal Highway in Fort Lauderdale, focused exclusively on tenders and inflatables. This strategic property supports showroom expansion, accompanied by its marina which provides service capacity, aftermarket support for quick turnaround and on-site integration of both gas-powered and electric tenders, accelerating inventory turnover and operational readiness in this high-growth category. "The tender is no longer just a yacht accessory-it's a standalone product category that delivers volume, visibility, and direct consumer engagement," said Alexandre Mongeon, CEO of Vision Marine. "This segment gives us early access to a new generation of boaters and fleet operators, many of whom are already shifting from ICE to electric. That makes tenders not only commercially strategic, but transformational for our business model." The global inflatable boat market is expected to reach an estimated $4 billion by 2030 from $2 billion in 2023 at a CAGR of 7% from 2023 to 2030. Interest in electric propulsion is steadily increasing across the marine industry, particularly in the tender category, where size, use case, and user expectations align naturally with electrified solutions. Vision Marine is strategically positioned to serve this shift, combining its proprietary high-voltage electric technology with a growing retail footprint and integration part of its broader effort to accelerate inventory turnover and maximize retail performance across its store network, Nautical Ventures recently launched a limited-time tender promotion across all Nautical Ventures locations. The initiative is designed to create rapid movement of key models, increase showroom traffic, and support year-round sell-through-a shift that reflects Vision Marine's renewed focus on retail efficiency and high-frequency customer engagement. Tenders now span a wide range of applications-from compact inflatables and luxury yacht support vessels to robust standalone boats used for diving, waterfront commuting, and light commercial activity. Vision Marine supports both internal combustion and electric configurations, including integration with the Company's own E-Motion™ 180E high-voltage electric powertrain. With full-service integration and delivery available through its dealership network, Vision Marine is uniquely equipped to meet growing demand for reliable, high-performance tenders. The Company's scale and full vertical integration-spanning propulsion innovation, OEM collaboration, direct retail, and post-sale service-enables it to deliver unmatched consumer experience and operational control. Nowhere is this model more evident than in the tender segment, where Vision Marine plans to increase both market share and customer retention through a blend of volume strategy and premium support. This focus on the tender segment-particularly its electrification-is designed to deliver long-term shareholder value through a combination of volume growth, margin expansion, and recurring revenue potential. As the market accelerates toward electric solutions, Vision Marine is leveraging its proprietary propulsion technology, dealership assets, and integration expertise to build a durable and scalable marine platform. More about Nautical Ventures promotion can be found at: Vision Marine Technologies Inc. Vision Marine Technologies Inc. (NASDAQ: VMAR) is a technology company specializing in high-voltage electric propulsion systems for the marine industry. The Company's flagship product, the E-Motion™ 180E, is a fully industrialized high-voltage electric outboard system for recreational boating, validated through partnerships with leading industry players. With the recent acquisition of Nautical Ventures Group, Vision Marine has expanded its sales and service network on the East Coast of the United States. Through Nautical Ventures' multi-brand retail operations, Vision Marine now offers both traditional internal combustion engine (ICE) boats and next-generation electric propulsion solutions, providing a full range of products to meet the current and evolving needs of recreational boaters. For more information, visithttps:// Forward-Looking Statements The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include Vision Marine's plans for commercial deployment, expansion of sales and service capabilities, and market adoption of its electric propulsion systems. These statements are subject to risks and uncertainties, including the Company's ability to execute its growth strategy, integrate new operations, and drive market adoption. Actual results may differ materially from those projected. Vision Marine undertakes no obligation to update forward-looking statements, except as required by law. Investor and Company Contact:Bruce NurseInvestor Relations(303) 919‑2913bn@v‑ SOURCE: Vision Marine Technologies Inc View the original press release on ACCESS Newswire Sign in to access your portfolio
Qatar Tribune
3 days ago
- Business
- Qatar Tribune
60,000 people in Sri Lanka to benefit from QC's relief and development aid project
Tribune News Network Doha With support from philanthropists in Qatar, Qatar Charity (QC) has launched a relief and development aid distribution project in Sri Lanka. The launch event was attended by representatives from the Sri Lankan government, the Embassy of the State of Qatar, civil society, and several other donors. This initiative forms part of QC's broader collaborative efforts to respond to the aftermath of natural disasters, support individuals with special needs, and empower vulnerable families. The project targets approximately 60,000 people from vulnerable and displaced groups, covering 14 product categories, including grain and spice grinding machines, sewing machines, manual and electric wheelchairs, furniture and desks, blood pressure monitors, and other tools that contribute to improving the daily lives of sisterly families and joint development efforts. In his speech, Mahmoud Abu Khalifa, director of QC's office in Sri Lanka, stated that the project aligns with the organisation's vision of ensuring a dignified life for all. He explained that the distribution of aid is not a substitute for long-term support, but rather a strategic step towards economic empowerment and poverty reduction—particularly for vulnerable, displaced, and disaster-affected families. The credit goes to the people of Qatar for their ongoing support of charitable, humanitarian, and development initiatives around the world, including their meaningful collaboration with government and local bodies in Sri Lanka, he said. Speaking on behalf of Munir Muzafer, deputy minister of justice and national integration, he expressed gratitude to Qatar Charity for its significant efforts in supporting the people of Sri Lanka over the past six years. These efforts included addressing the needs of individuals and families in need, as well as providing relief to those affected by floods. He also extended thanks to the State of Qatar and the Qatari Embassy for their vital role in supporting the Sri Lankan people, stressing the urgent need to facilitate continued cooperation and ensure the sustainability of these initiatives. At the launch, Ali Hassan Al-Emadi from the Embassy of the State of Qatar in Sri Lanka highlighted his direct contribution to the important work carried out by Qatar Aid, which reflects the civilised and humanitarian values upheld by the State of Qatar in promoting human dignity and civil peace. He also emphasised the importance of continued cooperation between Sri Lankan government agencies and Qatar Aid to ensure the sustainability of various contributions for the benefit of Sri Lankan society. R M Madhushika Kanchanamalisaid: 'I am very grateful for this assistance at a time when I was in dire need of support. Now I want to start a small business that will help ease my children's suffering. My thanks go to the donors and for the drops of gratitude they offer through New Hope. I hope this assistance reaches many more women like me.' It is worth noting that the Qatar Charity office in Sri Lanka, alongside the distribution of these items, is currently implementing several development projects. These include the construction of schools and health centres, the drilling of water wells, the establishment of housing for Qur'an readers, and a variety of social and community development initiatives aligned with Sri Lanka's strategic development goals across various sectors.
NDTV
23-07-2025
- Entertainment
- NDTV
Viral Photo Of Delivery Riders At Bengaluru Signal Sparks Comparison To Avengers And Power Rangers
A photo featuring multiple delivery riders taken at Bengaluru's Sony Signal has taken the internet by storm and sparked a hilarious meme fest. The viral photo captured a striking moment of spontaneous 'unity,' and it has led to many funny comparisons. The photo shows five food and grocery delivery riders in different coloured raincoats on two-wheelers on a rainy evening. Their attire has their company names, so we know that they work for Swiggy, Zomato, Zepto, Blinkit and Flipkart Minutes. After this image went viral, someone edited it to add a Big Basket delivery rider to the scene, too. Only possible at sony signal — rahul thanniru (@RahulThanniru) July 17, 2025 The viral photo has been reshared across social media platforms, and users are amusing themselves by coming up with different captions for it. Many have compared the delivery riders to Marvel's Avengers by sharing GIFs and pictures with "Avengers Assemble" written on them. A few have also called it a type of multiverse moment by captioning the picture "QC (Quick Commerce) Universe," or "DCU (Delivery Cinematic Universe)." The latter is also a pop cultural reference - a possible nod to the famous Marvel Cinematic Universe, or MCU. Other users compared the group to the Power Rangers, especially given that the riders' raincoats were of different colours. DCU (Delivery Cinematic Universe) — vani (@paneerchillli) July 18, 2025 Read some of the comments and reactions from X users below: Koramangala task force 😂🦄 — Peak Bengaluru (@peakbengaluru) July 18, 2025 What in the QC universe is this lineup. 😂😂 — Uɴʙᴏx Mᴀᴛʀɪx (@unboxmatrix) July 18, 2025 Green ranger is missing @bigbasket_com — Niklaus🇮🇳 (@SrhFanatic) July 18, 2025 Whitfield now very far behind… — Siddharth Lahri (@LahriRaj) July 18, 2025 This pic goes down in history— Sweet Tooth (@__Koustubh__) July 18, 2025 Multiverse of Madness— Sanket (@Marswalkerr) July 18, 2025 Peak Bengaluru moment! All QC together in an Avengers Assemble mode.— Naveen Shandilya (@ShandilyaNaveen) July 18, 2025 We are cooked and it's not good— Abhi Rajput (@Abhirajputfit) July 18, 2025 Posts about delivery riders have become a common part of online discussions about city life, and the above photo is just one example. Many viral posts spotlight different aspects of the same. Before this, a Delhi man made headlines after he revealed he worked as a delivery rider for both Zepto and Blinkit. He shared a detailed comparison of his experiences, and it received a lot of interest online. Read the full viral story.
Qatar Tribune
21-07-2025
- General
- Qatar Tribune
QC launches Quran Literacy Project in Bangladesh
Tribune News Network Doha Qatar Charity (QC) has launched its pioneering Quran Literacy Project in Bangladesh, aimed at empowering children with reading difficulties by equipping them with essential skills to recite, memorise and comprehend the Holy Quran. The project forms part of QC's wider Al-Furqan Quranic Literacy Programme, which not only focuses on Quranic education but also promotes the moral, psychological and social development of its beneficiaries. The initiative is delivered through simplified, engaging, and inclusive educational content, reinforcing QC's commitment to supporting marginalised communities through both spiritual and educational development. The project was inaugurated at two of QC's flagship social welfare centres—Markaz Muhammad Bin Ajaj Al-Kubaisi Center and the Sakhaa Center—with over 600 sponsored children in attendance. The launch ceremony was vibrant and participatory, featuring Quran recitations, theatrical performances, and cultural competitions. These activities reflected the programme's inclusive and celebratory approach to learning, while fostering a sense of community and purpose among participants. Speaking at the event, Dr Mohammad Amin Hafez Omar, Country Director of QC's Bangladesh Branch, said, 'This initiative is more than a literacy campaign—it is a transformative journey. Teaching the Holy Quran is not just about words and rules; it is about building balanced individuals equipped with values, self-respect, and purpose. Through this programme, we enable our beneficiaries to connect with the divine message and open the door to a renewed sense of identity, dignity, and direction in life.' Monzurul Haque, a Quran teacher involved in the project, elaborated on the teaching methodology: 'We begin with foundational Arabic, helping students recognise letters and sounds, then gradually introduce Quranic verses along with their meanings. Our goal is not merely fluency, but deep understanding and spiritual reflection.' The students expressed enthusiasm and gratitude for the opportunity to participate in the initiative. Zakaria Dewan shared: 'I feel proud to be part of this programme. Learning the Quran properly has always been a dream for me. Now, I feel like I am doing something that gives me strength and brings me closer to my faith. Khadiza Begum added: 'This project makes me happy. I feel like I am learning something important for my life. It gives me hope that I can understand the Quran like my teachers.' Ataul Islam reflected: 'Learning the Quran in its original language is a dream I never thought possible. It makes me feel connected to my faith and my identity.' It is worth noting that Qatar Charity currently supports 5,082 students in Bangladesh through comprehensive financial assistance, aiming to ensure a brighter and more secure future for them.
Qatar Tribune
16-07-2025
- Business
- Qatar Tribune
QC discusses economic ties with Turkish planning association
Tribune News Network Doha Qatar Chamber (QC) Acting General Manager Ali Bu Sharbak Al Mansouri met with Turkish Association for Economic Planning (EPIAD) President Ahmad Yahya Matar to discuss ways to strengthen Qatari-Turkish economic ties. The meeting focused on enhancing trade exchange, joint investments, and cooperation between private sectors in both countries. Al Mansouri reaffirmed Qatar chamber's commitment to boosting ties with Turkish institutions and highlighted existing agreements with key Turkish economic bodies. Matar expressed the Turkish side's interest in deepening cooperation, particularly in tourism and business, and called for greater private sector engagement to promote bilateral trade. The two sides also explored prospects for organizing joint business forums and trade delegations, aimed at facilitating direct partnerships between Qatari and Turkish companies across a wide range of sectors including construction, real estate, manufacturing, and services.
