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Vision Marine Technologies announces settlement of outstanding legal claim
Vision Marine Technologies announces settlement of outstanding legal claim

Business Insider

time17-05-2025

  • Business
  • Business Insider

Vision Marine Technologies announces settlement of outstanding legal claim

Vision Marine Technologies (VMAR) announced it has successfully reached a settlement agreement resolving a previously disclosed outstanding legal claim related to certain of its shareholders. The company stated this resolution fully addresses the legal dispute, providing a clean capitalization structure and maintaining a strong cash position. CEO Alex Mongeon commented that the settlement allows the company to focus on strategic objectives and growth. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter

Vision Marine Technologies files patent for overload protection in powertrains
Vision Marine Technologies files patent for overload protection in powertrains

Business Insider

time07-05-2025

  • Automotive
  • Business Insider

Vision Marine Technologies files patent for overload protection in powertrains

Vision Marine Technologies (VMAR) announced it filed a new U.S. patent application with the United States Patent and Trademark Office for software-driven overload protection of cooling-pump motors integrated within the company's proprietary E-Motion high-voltage powertrain. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

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