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Vision Marine Technologies Establishes a Strategic Hub for Electric Boat Sales, Rentals, and Distribution, Marking a Milestone at Dania Pointe’s Grand Opening of Aileron Residences

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Vision Marine Technologies (NASDAQ:VMAR) announces its participation in the grand opening of Aileron, a $300 million luxury residential project in Dania Beach, Florida. The company will showcase Fantail 217 electric boats and the award-winning Four Winns H2e Bowrider at the launch event on November 21, 2024. Vision Marine secured exclusive rights to 400 lineal feet of commercial docks at this location in October 2021, establishing it as a premier sales location for their E-Motion Powertrain System. The facility will serve as a rental center, distribution hub, and electric boat club. The 17-story Aileron project, developed by LYND Living, features 380 luxury residences and represents a strategic location for Vision Marine's expansion in Florida's boating market.

Vision Marine Technologies (NASDAQ:VMAR) annuncia la sua partecipazione all'inaugurazione di Aileron, un progetto residenziale di lusso da 300 milioni di dollari a Dania Beach, Florida. L'azienda presenterà barche elettriche Fantail 217 e il premiato Four Winns H2e Bowrider durante l'evento di lancio del 21 novembre 2024. Vision Marine ha ottenuto diritti esclusivi per 400 piedi lineari di pontili commerciali in questa località nell'ottobre 2021, stabilendola come una località di vendita principale per il loro E-Motion Powertrain System. La struttura fungerà da centro di noleggio, hub di distribuzione e club di barche elettriche. Il progetto Aileron di 17 piani, sviluppato da LYND Living, offre 380 residenze di lusso e rappresenta una posizione strategica per l'espansione di Vision Marine nel mercato della nautica della Florida.

Vision Marine Technologies (NASDAQ:VMAR) anuncia su participación en la inauguración de Aileron, un proyecto residencial de lujo de 300 millones de dólares en Dania Beach, Florida. La empresa exhibirá barcos eléctricos Fantail 217 y el galardonado Four Winns H2e Bowrider en el evento de lanzamiento el 21 de noviembre de 2024. Vision Marine aseguró derechos exclusivos sobre 400 pies lineales de muelles comerciales en este lugar en octubre de 2021, estableciéndolo como un lugar principal de ventas para su E-Motion Powertrain System. La instalación servirá como centro de alquiler, hub de distribución y club de barcos eléctricos. El proyecto Aileron de 17 pisos, desarrollado por LYND Living, cuenta con 380 residencias de lujo y representa una ubicación estratégica para la expansión de Vision Marine en el mercado de navegación de Florida.

비전 마리나 기술(Vision Marine Technologies, NASDAQ:VMAR)은 플로리다 주 다니아 비치에서 3억 달러 규모의 고급 주거 프로젝트인 Aileron의 그랜드 오프닝에 참여한다고 발표했습니다. 이 회사는 2024년 11월 21일 런칭 이벤트에서 판테일 217 전기 보트와 수상 경력이 있는 포 윈스 H2e 보우라이더를 선보일 예정입니다. 비전 마리나는 2021년 10월 이 위치에서 400피트의 상업용 부두에 대한 독점 권리를 확보했으며, 이를 E-Motion 파워트레인 시스템의 주요 판매 위치로 설정했습니다. 이 시설은 렌탈 센터, 유통 허브 및 전기 보트 클럽 역할을 할 것입니다. 17층 규모의 Aileron 프로젝트는 LYND Living이 개발하였으며, 380개의 고급 주거 시설을 갖추고 있으며, 플로리다의 보트 시장에서 비전 마리나의 확장을 위한 전략적 위치를 나타냅니다.

Vision Marine Technologies (NASDAQ:VMAR) annonce sa participation à l'inauguration d'Aileron, un projet résidentiel de luxe de 300 millions de dollars à Dania Beach, en Floride. L'entreprise présentera les bateaux électriques Fantail 217 et le Four Winns H2e Bowrider, récompensé par plusieurs prix, lors de l'événement de lancement prévu le 21 novembre 2024. Vision Marine a obtenu des droits exclusifs sur 400 pieds linéaires de quais commerciaux à cet endroit en octobre 2021, établissant ainsi cet emplacement comme un point de vente principal pour leur système de propulsion E-Motion. L'établissement servira de centre de location, de hub de distribution et de club de bateaux électriques. Le projet Aileron, d'une hauteur de 17 étages, développé par LYND Living, comprend 380 résidences de luxe et représente un emplacement stratégique pour l'expansion de Vision Marine sur le marché nautique de la Floride.

Vision Marine Technologies (NASDAQ:VMAR) gibt seine Teilnahme an der Eröffnung von Aileron bekannt, einem Luxuswohnprojekt im Wert von 300 Millionen Dollar in Dania Beach, Florida. Das Unternehmen wird bei der Veranstaltung am 21. November 2024 Fantail 217 Elektroboote und den preisgekrönten Four Winns H2e Bowrider präsentieren. Vision Marine sicherte sich im Oktober 2021 exklusive Rechte für 400 lineare Fuß an Gewerbeanlegern an diesem Standort und etablierte ihn als Hauptverkaufsstandort für ihr E-Motion Powertrain System. Die Einrichtung wird als Mietzentrum, Vertriebszentrum und Elektrobootclub dienen. Das 17-stöckige Aileron-Projekt, das von LYND Living entwickelt wurde, umfasst 380 Luxuswohnungen und stellt eine strategische Lage für die Expansion von Vision Marine auf dem Bootsmarkt in Florida dar.

Positive
  • Secured exclusive rights to 400 lineal feet of commercial docks in prime waterfront location
  • Establishment of strategic sales, rental, and distribution hub in Florida's key boating market
  • Partnership with $300 million luxury residential development project
  • Potential for broader collaboration with LYND Living on future projects
Negative
  • None.

Insights

The establishment of a strategic hub at Aileron Residences represents a modest positive development for Vision Marine's market positioning, though its immediate financial impact remains uncertain. The 400 linear feet of commercial dock space in Florida's prime boating market provides a valuable foothold for showcasing and distributing their electric boats and E-Motion powertrain systems.

The partnership with a $300 million luxury residential development adds credibility and visibility to VMAR's brand, particularly in targeting affluent customers. However, given VMAR's current market cap of just $2.17 million, investors should note that significant revenue generation will be important to justify the operational costs of this expansion. The boat club and rental operations could provide recurring revenue streams, but their scale and profitability timeline remain unspecified.

MONTREAL, QC / ACCESSWIRE / November 20, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce its participation in the grand opening of Aileron. The grand opening marks a launch sale event for the prestigious residential project on Thursday, November 21, 2024, at 5 PM, at the Aileron Sales Centre, 50 South Bryan Road, Dania Beach Florida. Vision Marine will be on-site showcasing two Fantail 217 electric boats and Groupe Beneteau's Four Winns H2e Bowrider which was recently acclaimed as "Bowrider of the Year" by Boating Magazine. These boats are available for purchase on Vision Electric Boat's website at visionelectricboats.com.

In October 2021, Vision Marine secured its role in the Aileron project under an agreement which includes exclusive use of 400 lineal feet of commercial docks at this prime waterfront location. This agreement highlights Vision Marine's integral role in the project and establishes Aileron as a premier product sales location of Vision Marine's "E-Motion" Powertrain System, supported by a rental center, distribution hub, and an electric boat club to serve residents and visitors alike.
The grand opening of Aileron celebrates the official launch of condo sales for this iconic waterfront development and underscores Vision Marine's involvement as the future operator of both, its exclusive electric boat rental center and club, and a key distribution hub for its innovative electric boats.

Aileron Residences - https://aileronresidences.com/

Aileron Residential Project: A Landmark Waterfront Community

Located adjacent to the vibrant Dania Pointe shopping and entertainment district, the estimated $300 million Aileron project is a 17-story high-end residential complex featuring 380 luxury residences. Developed by LYND Living, a Texas-based leader in real estate innovation, Aileron offers a unique combination of small-town charm and big-city sophistication, with waterfront access and modern amenities that redefine coastal living.
The Power of Foresight

"Our foresight in identifying opportunities has been a key factor in securing prime locations like this one," said Alexandre Mongeon, CEO of Vision Marine. "This location, formerly home to Nautical Ventures' dealership, is especially personal to me, as I've been docking boats here with my family since 2017 using our Bruce 22. Even then, I could envision this site as a premier sales point with its ideal canal network for electric boating. This ability to see potential is at the core of our success, driving us to create exceptional opportunities for boaters and customers alike."

A Developer's Perspective

"We're thrilled to collaborate with Vision Marine Technologies to bring a new level of innovation and sustainability to Aileron," said A. David Lynd, CEO of LYND Living. "Vision Marine's products and services align perfectly with our vision for creating a modern, community-focused residential project that embraces waterfront living and provides exceptional amenities for our residents and visitors."

Positioning for Long-Term Viability in Florida

We believe Florida is recognized as the Boating Capital of the United States and represents a vital market for Vision Marine's growth. Establishing a strategic hub at the Aileron project provides Vision Marine with a solid foundation for long-term commercial viability. The facility will act as Vision Marine's primary sales location, supported by its rental operations, an exclusive electric boat club, and a distribution hub to facilitate adoption of sustainable boating solutions in the region.

A Collaborative Step with LYND Living

Vision Marine's involvement in the Aileron project marks the first step in what could become a broader collaboration with LYND Living. As Vision Marine establishes its presence in the electric boating market, the company sees tremendous potential in partnering on future LYND projects. "Our success at Aileron could lead to further integration of sustainable boating amenities in LYND's upcoming developments."

About LYND Living
LYND Living is a Texas-based real estate firm focused on delivering exceptional residential experiences through innovative design, community-focused amenities, and strategic partnerships. With a legacy spanning over 40 years, LYND has developed and managed over 20,000 residential units nationwide, including multifamily properties, high-rises, mid-rises, and built-to-rent communities. LYND's commitment to creating vibrant, sustainable communities makes it a natural partner for projects like Aileron, which combine luxury living with innovative amenities.

About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ:VMAR) is a pioneer in electric boating, recognized for its innovative E-Motion™ Electric Marine Powertrain Technology that delivers a superior, zero-emission boating experience. With a commitment to sustainability, Vision Marine combines cutting-edge technology, high-performance propulsion, and eco-friendly systems to transform the marine industry.

For more information, visit visionelectricboats.com or follow us on social media:
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

When is Vision Marine Technologies (VMAR) launching its new facility at Aileron Residences?

Vision Marine Technologies will launch its facility at Aileron Residences with the grand opening event on November 21, 2024, at 5 PM in Dania Beach, Florida.

What boats will Vision Marine Technologies (VMAR) showcase at the Aileron grand opening?

Vision Marine will showcase two Fantail 217 electric boats and the Four Winns H2e Bowrider, which was named 'Bowrider of the Year' by Boating Magazine.

How much commercial dock space did Vision Marine (VMAR) secure at Aileron?

Vision Marine secured exclusive use of 400 lineal feet of commercial docks at the Aileron waterfront location.

What services will Vision Marine (VMAR) offer at its new Aileron location?

Vision Marine will operate an electric boat rental center, distribution hub, boat club, and sales location for its E-Motion Powertrain System at the Aileron location.

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