Vision Marine Partners With a Major Pontoon Manufacturer to Produce Cutting-Edge Electric Pontoons
Vision Marine Technologies (Nasdaq:VMAR) announces a production partnership with Smoker Craft Inc. to manufacture electric pontoons integrating Vision Marine's 180 HP electric propulsion systems. The collaboration focuses on developing a state-of-the-art pontoon platform specifically designed for the P-Powerpack and E-Motion™ 180E Electric Powertrain. The new pontoons will primarily target rental operations, boat clubs, and commercial applications. Smoker Craft's manufacturing facilities will provide precision engineering and laser cutting technology to ensure high-quality production. This partnership aims to meet increasing market demand and enable Vision Marine to scale production of their electric boating solutions.
Vision Marine Technologies (Nasdaq:VMAR) annuncia una partnership di produzione con Smoker Craft Inc. per fabbricare pontoni elettrici che integrano i sistemi di propulsione elettrica da 180 HP di Vision Marine. La collaborazione si concentra sullo sviluppo di una piattaforma per pontoni all'avanguardia progettata specificamente per il P-Powerpack e l'E-Motion™ 180E Electric Powertrain. I nuovi pontoni saranno principalmente destinati a operazioni di noleggio, club nautici e applicazioni commerciali. Gli stabilimenti di produzione di Smoker Craft forniranno ingegneria di precisione e tecnologia di taglio laser per garantire una produzione di alta qualità. Questa partnership mira a soddisfare la crescente domanda del mercato e consentire a Vision Marine di aumentare la produzione delle loro soluzioni di nautica elettrica.
Vision Marine Technologies (Nasdaq:VMAR) anuncia una asociación de producción con Smoker Craft Inc. para fabricar pontones eléctricos que integran los sistemas de propulsión eléctrica de 180 HP de Vision Marine. La colaboración se centra en el desarrollo de una plataforma de pontón de última generación diseñada específicamente para el P-Powerpack y el E-Motion™ 180E Electric Powertrain. Los nuevos pontones estarán dirigidos principalmente a operaciones de alquiler, clubes de barco y aplicaciones comerciales. Las instalaciones de fabricación de Smoker Craft proporcionarán ingeniería de precisión y tecnología de corte láser para asegurar una producción de alta calidad. Esta asociación tiene como objetivo satisfacer la creciente demanda del mercado y permitir a Vision Marine escalar la producción de sus soluciones de navegación eléctrica.
비전 마린 테크놀로지스(Vision Marine Technologies)(Nasdaq:VMAR)는 스모커 크래프트(Smoker Craft Inc.)와 협력하여 비전 마린의 180 HP 전기 추진 시스템을 통합한 전기 폰톤(electric pontoons)을 제작하기 위한 생산 파트너십을 발표했습니다. 이번 협력은 P-Powerpack 및 E-Motion™ 180E 전기 파워트레인을 위해 특별히 설계된 최첨단 폰톤 플랫폼 개발에 중점을 두고 있습니다. 새로운 폰톤은 주로 렌탈 운영, 보트 클럽 및 상업적 응용 프로그램을 목표로 하고 있습니다. 스모커 크래프트의 제조 시설은 정밀 엔지니어링 및 레이저 절단 기술을 제공하여 높은 품질의 생산을 보장합니다. 이 파트너십은 증가하는 시장 수요를 충족하고 비전 마린이 전기 보트 솔루션의 생산을 확장할 수 있도록 하는 것을 목표로 하고 있습니다.
Vision Marine Technologies (Nasdaq:VMAR) annonce un partenariat de production avec Smoker Craft Inc. pour fabriquer des ponton électriques intégrant les systèmes de propulsion électrique de 180 HP de Vision Marine. La collaboration se concentre sur le développement d'une plateforme de ponton à la pointe de la technologie spécifiquement conçue pour le P-Powerpack et le E-Motion™ 180E Electric Powertrain. Les nouveaux pontons viseront principalement les opérations de location, les clubs de bateaux et les applications commerciales. Les installations de fabrication de Smoker Craft fourniront une ingénierie de précision et la technologie de découpe au laser pour garantir une production de haute qualité. Ce partenariat vise à répondre à la demande croissante du marché et à permettre à Vision Marine d'augmenter la production de ses solutions de navigation électrique.
Vision Marine Technologies (Nasdaq:VMAR) kündigt eine Produktionspartnerschaft mit Smoker Craft Inc. an, um elektrische Pontons zu fertigen, die mit den 180 HP elektrischen Antriebssystemen von Vision Marine integriert sind. Die Zusammenarbeit konzentriert sich auf die Entwicklung einer hochmodernen Ponton-Plattform, die speziell für das P-Powerpack und das E-Motion™ 180E Electric Powertrain entwickelt wurde. Die neuen Pontons werden hauptsächlich auf Vermietungsbetriebe, Bootsclubs und kommerzielle Anwendungen ausgerichtet sein. Die Fertigungsstätten von Smoker Craft bieten Präzisionsengineering und Laserschneidtechnologie, um eine hochwertige Produktion sicherzustellen. Diese Partnerschaft zielt darauf ab, der steigenden Marktnachfrage gerecht zu werden und es Vision Marine zu ermöglichen, die Produktion ihrer elektrischen Bootslösungen auszubauen.
- Partnership with established manufacturer Smoker Craft Inc. enables high-volume production
- Access to advanced manufacturing facilities with precision engineering capabilities
- Strategic focus on commercial and rental markets indicates clear revenue pathway
- Integration of high-performance 180 HP electric propulsion systems
- None.
Insights
This strategic partnership marks a significant milestone in electric marine propulsion commercialization. Smoker Craft's manufacturing expertise and high-volume production capabilities will help Vision Marine scale its E-Motion™ 180E Electric Powertrain deployment, particularly in the lucrative rental and commercial markets.
The focus on pontoon boats is strategically sound - pontoons represent about
However, execution risks remain around production scaling, battery supply chain and pricing competitiveness against traditional combustion engines. The success will largely depend on the final product's performance metrics and total cost of ownership advantages for commercial operators.
MONTREAL, QC / ACCESSWIRE / November 18, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, is pleased to announce a new production initiative with Smoker Craft Inc., a U.S.-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a state-of-the-art pontoon platform specifically designed to integrate Vision Marine's high-performance (180 HP) electric propulsion systems, specifically the pontoon-designed P-Powerpack. We believe the powerpack will merge cutting-edge technology and exceptional craftsmanship into a transformative product for the marine industry.
Vision Marine and its manufacturing partner will leverage their combined expertise to redefine electric pontoon capabilities. Smoker Craft manufacturing facilities provide precision engineering, laser cutting technology, and stringent quality control, making it an ideal collaborator to bring Vision Marine's innovative E-Motion™ 180E Electric Powertrain to market with high efficiency and craftsmanship.
"Our mission is to deliver a product of unparalleled quality and craftsmanship, which is why we partnered with a top-tier pontoon manufacturer possessing high-volume production capabilities," said Alexandre Mongeon, CEO of Vision Marine. "Having successfully integrated our electric propulsion systems into various pontoons over the past three years, we are certain this electric pontoon will set a new benchmark on the water and redefine the pontoon boating experience."
This new pontoon platform, intended primarily for rental operations, boat clubs and commercial applications, exemplifies Vision Marine's commitment to delivering high-voltage electric propulsion solutions that are both scalable and accessible. The collaboration is expected to enable Vision Marine to meet increasing market demand and provide rental operators with a high-performance electric boating option, setting a precedent for broader adoption and sustainable growth across the industry.
"We are glad to provide Vision Marine with high quality pontoons, best suited for their innovative electric solutions integration," said Phil Smoker, Vice President of Sales, Smoker Craft Inc.
This partnership is expected to empower Vision Marine to scale production to meet demand. By offering high-performance solutions for the commercial and rental markets with world-class recreational boat finish and quality, Vision Marine believes it will transform the marine industry through electric propulsion.
About Vision Marine Technologies
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a pioneer in electric boating, recognized for its innovative E-Motion™ Electric Marine Powertrain Technology that offers a superior, zero-emission boating experience. With proprietary, turn-key electric solutions, Vision Marine combines cutting-edge technology, high-performance propulsion, and eco-friendly systems. The company has broken multiple electric world speed records, showcasing its commitment to pushing the boundaries of performance. Vision Marine is leading the transformation of the marine industry with unmatched power and efficiency for a cleaner future on the water.
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.
Website: visionmarinetechnologies.com
Twitter: @marine_vision
Facebook: @VisionMarineTechnologies
Instagram: @visionmarine.technologies
YouTube: @VisionMarineTechnologies
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 purpose of Vision Marine's (VMAR) partnership with Smoker Craft?
What electric propulsion system will be used in the Vision Marine (VMAR) pontoons?
What market segment is Vision Marine (VMAR) targeting with these electric pontoons?
