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ePropulsion Teams Up with Vision Marine Technologies to Unveil and Propel the Phantom Plastic Boat

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Vision Marine Technologies (NASDAQ:VMAR) has announced a strategic partnership with ePropulsion to power the innovative Phantom Plastic Boat. The Phantom, crafted using plastic rotomolding technology, will feature a customized electric ePropulsion system. This collaboration extends Vision Marine's decade-long relationship with ePropulsion, which has provided low-voltage propulsion solutions for their electric boats and rental fleet.

The Phantom will be available through select ePropulsion dealers, equipped with the 6kW Navy 6.0 Evo system. This partnership aims to offer a comprehensive, zero-emission boating solution, combining avant-garde design with proven propulsion technology. The collaboration is expected to increase the Phantom's exposure to consumers through ePropulsion's extensive distribution network, marking the first integration of a low voltage ePropulsion powertrain into such a product.

Vision Marine Technologies (NASDAQ:VMAR) ha annunciato una partnership strategica con ePropulsion per alimentare l'innovativa Phantom Plastic Boat. Il Phantom, realizzato utilizzando la tecnologia del rotomolding in plastica, presenterà un sistema elettrico ePropulsion personalizzato. Questa collaborazione estende il rapporto decennale di Vision Marine con ePropulsion, che ha fornito soluzioni di propulsione a bassa tensione per le loro barche elettriche e la flotta a noleggio.

Il Phantom sarà disponibile attraverso rivenditori selezionati di ePropulsion, dotato del 6kW Navy 6.0 Evo system. Questa partnership mira a offrire una soluzione completa per la nautica a zero emissioni, combinando un design all'avanguardia con tecnologia di propulsione collaudata. La collaborazione è destinata ad aumentare l'esposizione del Phantom ai consumatori attraverso l'ampia rete di distribuzione di ePropulsion, segnando la prima integrazione di un powertrain ePropulsion a bassa tensione in un prodotto di questo tipo.

Vision Marine Technologies (NASDAQ:VMAR) ha anunciado una asociación estratégica con ePropulsion para impulsar el innovador Phantom Plastic Boat. El Phantom, creado con tecnología de rotomoldeo de plástico, contará con un sistema eléctrico ePropulsion personalizado. Esta colaboración amplía la relación de diez años de Vision Marine con ePropulsion, que ha proporcionado soluciones de propulsión de bajo voltaje para sus barcos eléctricos y flota de alquiler.

El Phantom estará disponible a través de distribuidores seleccionados de ePropulsion, equipado con el 6kW Navy 6.0 Evo system. Esta asociación tiene como objetivo ofrecer una solución de navegación integral y cero emisiones, combinando un diseño vanguardista con tecnología de propulsión probada. Se espera que la colaboración aumente la visibilidad del Phantom entre los consumidores a través de la amplia red de distribución de ePropulsion, marcando la primera integración de un tren motriz ePropulsion de bajo voltaje en un producto de este tipo.

비전 마린 테크놀로지스(Vision Marine Technologies) (NASDAQ:VMAR)는 혁신적인 팬텀 플라스틱 보트에 전력을 공급하기 위해 ePropulsion과 전략적 파트너십을 발표했습니다. 팬텀은 플라스틱 로토몰딩 기술을 사용하여 제작되며, 맞춤형 전기 ePropulsion 시스템이 탑재될 예정입니다. 이번 협력은 ePropulsion의 전기 보트와 임대 선박을 위한 저전압 추진 솔루션을 제공해온 비전 마린과의 10년 간의 관계를 확장합니다.

팬텀은 선택된 ePropulsion 딜러를 통해 제공되며, 6kW Navy 6.0 Evo system으로 장비됩니다. 이 파트너십의 목표는 최첨단 디자인과 검증된 추진 기술을 결합하여 포괄적인 제로 배출 보트 솔루션을 제공하는 것입니다. 이번 협력은 ePropulsion의 광범위한 유통망을 통해 팬텀의 소비자 노출을 증가시킬 것으로 예상되며, 저전압 ePropulsion 파워트레인을 그러한 제품에 통합하는 첫 번째 사례로 기록될 것입니다.

Vision Marine Technologies (NASDAQ:VMAR) a annoncé un partenariat stratégique avec ePropulsion pour alimenter l'innovant Phantom Plastic Boat. Le Phantom, conçu grâce à la technologie de rotomoulage plastique, sera équipé d'un système électrique ePropulsion personnalisé. Cette collaboration prolonge la relation de dix ans entre Vision Marine et ePropulsion, qui a fourni des solutions de propulsion à basse tension pour leurs bateaux électriques et leur flotte de location.

Le Phantom sera disponible par le biais de revendeurs sélectionnés d'ePropulsion, doté du 6kW Navy 6.0 Evo system. Ce partenariat vise à offrir une solution de navigation complète et zéro émission, alliant un design avant-gardiste à une technologie de propulsion éprouvée. La collaboration devrait accroître la visibilité du Phantom auprès des consommateurs grâce au vaste réseau de distribution d'ePropulsion, marquant la première intégration d'un groupe motopropulseur ePropulsion à basse tension dans un tel produit.

Vision Marine Technologies (NASDAQ:VMAR) hat eine strategische Partnerschaft mit ePropulsion angekündigt, um das innovative Phantom Plastic Boat anzutreiben. Der Phantom, hergestellt mit rotomoldeter Kunststofftechnologie, wird mit einem maßgeschneiderten elektrischen ePropulsion-System ausgestattet sein. Diese Zusammenarbeit verlängert die zehnjährige Beziehung von Vision Marine zu ePropulsion, das Lösungen für Niedrigspannungsantriebe für ihre Elektroboote und Mietflotte geliefert hat.

Der Phantom wird über ausgewählte ePropulsion-Händler erhältlich sein und mit dem 6kW Navy 6.0 Evo system ausgestattet sein. Diese Partnerschaft zielt darauf ab, eine umfassende, emissionsfreie Bootslösung anzubieten, die avantgardistisches Design mit erprobter Antriebstechnologie kombiniert. Die Zusammenarbeit wird voraussichtlich die Sichtbarkeit des Phantom bei den Verbrauchern durch das umfangreiche Vertriebsnetz von ePropulsion erhöhen und markiert die erste Integration eines Niedervolt-ePropulsion-Antriebsstrangs in ein solches Produkt.

Positive
  • Strategic partnership with ePropulsion to power the innovative Phantom Plastic Boat
  • Expansion of product offering with the new Phantom rotomolded boat
  • Utilization of ePropulsion's extensive distribution network to increase market exposure
  • Integration of proven 6kW Navy 6.0 Evo system into the Phantom boat
Negative
  • None.

Insights

The partnership between Vision Marine Technologies and ePropulsion represents a strategic move in the electric boating industry. While the collaboration itself isn't groundbreaking, the integration of ePropulsion's technology into Vision Marine's Phantom Boat signifies a potential market expansion. The use of plastic rotomolding technology for the boat's construction could lead to cost-effective manufacturing, potentially making electric boating more accessible to a broader consumer base.

However, the impact on Vision Marine's stock (NASDAQ:VMAR) may be in the short term. The partnership doesn't provide concrete financial projections or sales targets, making it challenging to quantify the immediate economic benefit. Long-term investors should monitor how this collaboration translates into actual sales and market penetration, particularly through ePropulsion's dealer network, which could be a significant distribution channel for Vision Marine's products.

The Vision Marine-ePropulsion partnership marks a significant step towards sustainable boating. The Phantom Boat, combining plastic rotomolding technology with electric propulsion, addresses two critical environmental concerns: plastic waste and emissions. This innovative approach could potentially reduce the carbon footprint of recreational boating while also providing a use case for recycled plastics.

The 6kW Navy 6.0 Evo system's integration into a fully plastic boat is a technological milestone. It demonstrates the viability of low-voltage systems in unconventional boat designs, which could pave the way for more eco-friendly innovations in marine transportation. However, the long-term environmental impact will depend on factors such as the boat's lifespan, recyclability and the sourcing of electricity for charging. These aspects will be important in determining the true sustainability of this solution.

MONTREAL, QC / ACCESSWIRE / September 10, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, announces its strategic alliance with ePropulsion to empower the groundbreaking Phantom Boat, crafted from innovative plastic rotomolding technology. Following its debut at the Miami International Boat Show, the Phantom is set to showcase a customized electric ePropulsion system. In this partnership, the Phantom will be available through select ePropulsion dealers, both on request and by recommendation across its dealer network.

For over a decade, Vision Marine Electric Boats has relied on ePropulsion for its cutting-edge low-voltage boat propulsion solutions across its product line and to energize its rental boat fleet. This enduring collaboration underscores Vision Marine's commitment to quality and the dependability of ePropulsion's equipment, which has powered over 385,000 boaters in demanding rental environments worldwide.

"At ePropulsion, we're delighted to continue growing our relationship with Vision Marine," said Tom Watson, President of ePropulsion Americas. "Our collaboration on the innovative Phantom marks an exciting new chapter in our partnership, and we're excited to help provide customers with a comprehensive, zero-emission boating solution."

This partnership will offer a comprehensive package for Vision Marine's new Phantom rotomolded boat, blending avant-garde design with proven propulsion technology. Equipped with the 6kW Navy 6.0 Evo system, the Phantom ensures consumers a reliable and high-performance solution. The new X series will also be available on the Volt, a fiberglass sister vessel to the Phantom. The phantom and Vision Marine Electric boats are available visionelectricboats.com.

"ePropulsion emerges as the ideal partner with its extensive expertise in electric propulsion," remarked Alexandre Mongeon, CEO of Vision Marine. "Vision Marine now presents a tested and dependable solution seamlessly integrated into the Phantom, ensuring outstanding performance. With a low-voltage system powering a fully plastic boat, this partnership offers an effortless and efficient solution for our clientele."

Aiming to provide a zero-emission boating experience to a broad audience and democratize access to electric boating, the extensive distribution network of ePropulsion, combined with its proven reliability in electric propulsion, will notably bolster the Phantom's exposure to consumers. This partnership marks the inaugural integration of a low voltage ePropulsion powertrain into such a product, showcasing over 100,000 hours of proven performance.

About ePropulsion
ePropulsion was established in 2012 and is led by a team of technology entrepreneurs that are focused on developing uncompromising, superior products. Since the company launched its first electric outboard in 2014 it has fast become a force to be reckoned with in the electric propulsion market with a presence across Europe, the U.S. and Asia.

The company set out with a clear mission to become the global leader in marine electric propulsion systems and services. This pioneering, market-challenging brand is at the very forefront of the industry and is recognized across the world for its exceptional product quality, performance, and technological innovations.

About Vision Marine Technologies Inc.

Vision Marine Technologies Inc. (NASDAQ: VMAR) epitomizes the marine industry's shift towards electric propulsion, offering the pioneering E-Motion™ outboard powertrain system. This innovative technology represents a significant leap forward in marine propulsion, combining advanced battery packs, inverters, and high-efficiency motors with proprietary software and assembly techniques. Vision Marine's commitment to eco-friendly electric powerboats is reshaping the recreational boating experience, offering higher speeds, longer ranges, and smoother rides than traditional internal combustion engine boats. With a focus on design, innovation, and craftsmanship, Vision Marine continues to redefine recreational boating for a more sustainable future.

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Vision Marine's Annual Report on Form 20-F for the year ended August 31, 2023, and its periodic filings with the SEC provide a detailed discussion of these risks and uncertainties. Vision Marine does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, as required by law.

Investor and Company Contact:

Bruce Nurse
(303) 919-2913
bn@v-mti.com

SOURCE: Vision Marine Technologies Inc



View the original press release on accesswire.com

FAQ

What is the Phantom Plastic Boat by Vision Marine Technologies (VMAR)?

The Phantom Plastic Boat is an innovative vessel crafted from plastic rotomolding technology, developed by Vision Marine Technologies (VMAR). It features a customized electric ePropulsion system and is designed to offer a zero-emission boating experience.

What propulsion system will be used in the Phantom boat by VMAR?

The Phantom boat by Vision Marine Technologies (VMAR) will be equipped with the 6kW Navy 6.0 Evo system from ePropulsion, providing a reliable and high-performance electric propulsion solution.

How will the partnership between Vision Marine (VMAR) and ePropulsion benefit consumers?

The partnership will offer consumers a comprehensive, zero-emission boating solution that combines innovative design with proven propulsion technology. It also provides easier access to the Phantom boat through ePropulsion's extensive dealer network.

When was the Phantom boat by Vision Marine Technologies (VMAR) first unveiled?

The Phantom boat by Vision Marine Technologies (VMAR) made its debut at the Miami International Boat Show, as mentioned in the press release. The exact date was not specified.

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