Latest news with #VisionMarineTechnologies
Yahoo
21-05-2025
- Automotive
- Yahoo
PRISM MarketView Highlights Vision Marine Technologies' Role in Electrifying the Boating Industry
CEO Alexandre Mongeon Discusses Strategic Growth, Product Innovation, and Key Partnerships in Exclusive Q&A NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- PRISM MarketView has published an exclusive interview with Alexandre Mongeon, CEO and Co-Founder of Vision Marine Technologies (Nasdaq: VMAR), a company at the forefront of electric marine propulsion. Vision Marine is leading the transformation of recreational boating through fully integrated electric propulsion systems, commercial-ready vessels, and strategic partnerships with Mongeon, CEO and Co-Founder of Vision Marine Technologies In the interview, Mongeon outlines Vision Marine's latest product milestones, IP developments, and multi-channel expansion strategy. 'The electrification of transportation is extending to the water, transforming how boats are powered, built, and experienced,' said Mongeon. 'Our focus is on delivering a scalable solution that offers performance and simplicity, without the trade-offs of legacy gas-powered systems.'A Platform Built for Scale Vision Marine's flagship product is the E-Motion™ 180E, a 180-horsepower electric propulsion system offered in both inboard and outboard formats. The system includes marine-optimized battery packs, proprietary software, and custom control architecture. It is now deployed across more than 22 boat models from over 10 brands. To support factory-level integration, the company also offers the E-Motion™ Powerpack, a modular propulsion unit designed for pontoon boats. Vision Marine has also expanded into direct-to-consumer sales, launching its own electric models such as the V30 and V24. 'Beyond working with manufacturers, we have broadened our strategy to include direct-to-consumer sales. This allows us to control more of the value chain and accelerate our brand presence,' said Mongeon. A recently launched 24-foot electric pontoon, developed in partnership with Massimo, is being distributed through more than 600 dealers across the U.S. 'The Massimo-Vision Marine partnership is a key milestone in our expansion strategy. Together, we launched a new 24-foot electric pontoon, which is being rolled out to more than 600 Massimo dealers across the United States.' Advancing IP and Performance Vision Marine has filed 15 patents to date, with 12 granted and 3 filed in the last 60 days. Innovations include a software-based overload protection system, a token-based secure communication gateway, and an adaptive water pump control system that dynamically adjusts cooling based on real-time usage. 'Our research and development team is focused on performance, safety, and system intelligence.' OEM Collaborations and Strategic Focus Vision Marine's OEM relationship with STERK has led to purpose-built integration of its propulsion system into redesigned vessels. 'STERK is an innovative partner that shares our vision. Instead of simply fitting our propulsion system into existing hulls, we worked together to redesign the internal layout of their vessels.' Looking ahead, Vision Marine is focused on: Expanding commercialization through OEMs and direct sales Evaluating dealership acquisitions to support vertical integration Growing recurring revenue through rentals, licensing, and future software services 'We are focused on three things. First, expanding commercialization of our E-Motion™ platform through both OEMs and direct sales. Second, evaluating dealership acquisitions to build a vertically integrated retail strategy. Third, continuing to grow recurring revenue through rentals, licensing, and future software services.' The full Q&A provides insight into Vision Marine's approach to scaling clean propulsion across a rapidly growing market. About Vision Marine Technologies, Marine Technologies Inc. (NASDAQ: VMAR) designs and manufactures cutting-edge electric propulsion systems and complete electric boat solutions. The Company's flagship E-Motion™ 180E powertrain is a market-proven, purpose-built, high-voltage electric marine propulsion system powering vessels such as the V30 180 HP Electric Pontoon, now available for order. Vision Marine collaborates with industry-leading original equipment manufacturers to accelerate the adoption of powerful, maintenance-friendly electric boating solutions worldwide. About PRISM MarketViewPRISM MarketView is a financial media platform focused on highlighting emerging growth companies and breakthrough innovation across public markets. Through original editorial, video features, and executive Q&A content, PRISM delivers timely insights and elevates visibility for high-potential companies. PRISM also maintains a suite of proprietary indexes tracking momentum across sectors including biotech, AI, and consumer tech. Learn more at PRISM MarketView does not provide investment advice. DisclaimerThis communication was produced by PRISM MarketView, an affiliate of PCG Advisory Inc., (together "PCG"). PCG is not a registered or licensed broker-dealer nor investment adviser. No information contained in this communication constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. PCG may be compensated by respective clients for publicizing information relating to its clients' securities. See Contact:PRISM MarketViewinfo@ Photos accompanying this announcement are available at 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
21-05-2025
- Automotive
- Yahoo
PRISM MarketView Highlights Vision Marine Technologies' Role in Electrifying the Boating Industry
CEO Alexandre Mongeon Discusses Strategic Growth, Product Innovation, and Key Partnerships in Exclusive Q&A NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- PRISM MarketView has published an exclusive interview with Alexandre Mongeon, CEO and Co-Founder of Vision Marine Technologies (Nasdaq: VMAR), a company at the forefront of electric marine propulsion. Vision Marine is leading the transformation of recreational boating through fully integrated electric propulsion systems, commercial-ready vessels, and strategic partnerships with Mongeon, CEO and Co-Founder of Vision Marine Technologies In the interview, Mongeon outlines Vision Marine's latest product milestones, IP developments, and multi-channel expansion strategy. 'The electrification of transportation is extending to the water, transforming how boats are powered, built, and experienced,' said Mongeon. 'Our focus is on delivering a scalable solution that offers performance and simplicity, without the trade-offs of legacy gas-powered systems.'A Platform Built for Scale Vision Marine's flagship product is the E-Motion™ 180E, a 180-horsepower electric propulsion system offered in both inboard and outboard formats. The system includes marine-optimized battery packs, proprietary software, and custom control architecture. It is now deployed across more than 22 boat models from over 10 brands. To support factory-level integration, the company also offers the E-Motion™ Powerpack, a modular propulsion unit designed for pontoon boats. Vision Marine has also expanded into direct-to-consumer sales, launching its own electric models such as the V30 and V24. 'Beyond working with manufacturers, we have broadened our strategy to include direct-to-consumer sales. This allows us to control more of the value chain and accelerate our brand presence,' said Mongeon. A recently launched 24-foot electric pontoon, developed in partnership with Massimo, is being distributed through more than 600 dealers across the U.S. 'The Massimo-Vision Marine partnership is a key milestone in our expansion strategy. Together, we launched a new 24-foot electric pontoon, which is being rolled out to more than 600 Massimo dealers across the United States.' Advancing IP and Performance Vision Marine has filed 15 patents to date, with 12 granted and 3 filed in the last 60 days. Innovations include a software-based overload protection system, a token-based secure communication gateway, and an adaptive water pump control system that dynamically adjusts cooling based on real-time usage. 'Our research and development team is focused on performance, safety, and system intelligence.' OEM Collaborations and Strategic Focus Vision Marine's OEM relationship with STERK has led to purpose-built integration of its propulsion system into redesigned vessels. 'STERK is an innovative partner that shares our vision. Instead of simply fitting our propulsion system into existing hulls, we worked together to redesign the internal layout of their vessels.' Looking ahead, Vision Marine is focused on: Expanding commercialization through OEMs and direct sales Evaluating dealership acquisitions to support vertical integration Growing recurring revenue through rentals, licensing, and future software services 'We are focused on three things. First, expanding commercialization of our E-Motion™ platform through both OEMs and direct sales. Second, evaluating dealership acquisitions to build a vertically integrated retail strategy. Third, continuing to grow recurring revenue through rentals, licensing, and future software services.' The full Q&A provides insight into Vision Marine's approach to scaling clean propulsion across a rapidly growing market. About Vision Marine Technologies, Marine Technologies Inc. (NASDAQ: VMAR) designs and manufactures cutting-edge electric propulsion systems and complete electric boat solutions. The Company's flagship E-Motion™ 180E powertrain is a market-proven, purpose-built, high-voltage electric marine propulsion system powering vessels such as the V30 180 HP Electric Pontoon, now available for order. Vision Marine collaborates with industry-leading original equipment manufacturers to accelerate the adoption of powerful, maintenance-friendly electric boating solutions worldwide. About PRISM MarketViewPRISM MarketView is a financial media platform focused on highlighting emerging growth companies and breakthrough innovation across public markets. Through original editorial, video features, and executive Q&A content, PRISM delivers timely insights and elevates visibility for high-potential companies. PRISM also maintains a suite of proprietary indexes tracking momentum across sectors including biotech, AI, and consumer tech. Learn more at PRISM MarketView does not provide investment advice. DisclaimerThis communication was produced by PRISM MarketView, an affiliate of PCG Advisory Inc., (together "PCG"). PCG is not a registered or licensed broker-dealer nor investment adviser. No information contained in this communication constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. PCG may be compensated by respective clients for publicizing information relating to its clients' securities. See Contact:PRISM MarketViewinfo@ Photos accompanying this announcement are available at 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
Business Insider
17-05-2025
- 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
Business Insider
07-05-2025
- 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>>
Associated Press
10-03-2025
- Automotive
- Associated Press
Vision Marine Technologies Expands E-Motion(TM) Innovations with Patent Filing for Adaptive Water Pump Control
MONTREAL, QUEBEC / ACCESS Newswire / March 10, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ('Vision Marine' or the 'Company'), a company specializing in electric marine propulsion, announces the filing of a new patent application with Kennedy Lenart Spraggins, LLP. for Adaptive Control of a Water Pump in a Marine Propulsion System. The patent application marks the 10th patent application filed by Vision Marine Technologies for its E-Motion™ Electric Marine High Voltage Powertrain, reinforcing the company's commitment to innovation in electric marine propulsion. The proposed adaptive water pump control system dynamically is designed to regulate pump operation based on real-time conditions, optimizing cooling efficiency, reducing energy consumption, and extending propulsion component longevity. By leveraging intelligent monitoring and automatic adjustments, this technology enhances performance and reliability across various marine environments. 'This patent filing underscores Vision Marine's dedication to developing cutting-edge technologies that improve the efficiency and performance of electric marine propulsion systems,' stated Xavier Montagne, Chief Technology Officer of Vision Marine. 'By securing our innovations, we strengthen our technological leadership and support the transition to high-performance, zero-emission marine power solutions.' The adaptive control system introduces an innovative approach to thermal management in high-voltage electric propulsion. By continuously monitoring fluid dynamics and identifying variations in water circulation efficiency, the system precisely adjusts voltage and pump speed to minimize wear while maintaining optimal cooling. As part of Vision Marine's turn-key electric powertrain solutions, the Adaptive Water Pump Control is fully integrated to promote seamless cooling management and enhanced propulsion system efficiency. The Adaptive Water Pump Control strengthens the E-Motion™ electric marine powertrain by improving thermal management and energy efficiency-two critical factors in high-performance electric marine propulsion. E-Motion™ technology provides OEMs with a solution aimed at enhancing both performance and operational reliability. For more information on Vision Marine Technologies and its electric propulsion innovations, visit About Vision Marine Technologies Inc. Vision Marine Technologies Inc. (NASDAQ: VMAR) is dedicated to the development and commercialization of electric marine propulsion systems and related technologies. Through its pioneering E-Motion™ powertrain, Vision Marine Technologies is advancing marine transportation by offering high-powered, zero-emission propulsion solutions to boat manufacturers worldwide. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may include words such as 'believe,' 'anticipate,' 'expect,' 'intend,' 'estimate,' 'may,' 'continue,' 'potential,' and similar expressions to identify forward-looking statements. Such statements include, but are not limited to, the Company's patent filing, its potential impact on market adoption, and Vision Marine's long-term strategic positioning. Forward-looking statements are based on management's expectations and assumptions as of the date of this press release. Actual results may differ materially due to risks and uncertainties, including market conditions, technological developments, and other factors discussed in Vision Marine's filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 20-F for the year ended August 31, 2024, and subsequent periodic reports. Vision Marine assumes no obligation to update or revise forward-looking statements, except as required by law. (303) 919-2913 Twitter: @marine_vision Facebook: @VisionMarineTechnologies YouTube: @VisionMarineTechnologies
