Heraldo de Madrid - Vision Marine Technologies Affirms Resilience Amid U.S.-Canada Trade Tariffs

NYSE - LSE

RIO	0.02%	60.88	$
BTI	1.1%	42.86	$
SCS	1.5%	10.01	$
CMSC	-0.36%	22.24	$
CMSD	-0.58%	22.35	$
BCC	-0.88%	94.5	$
JRI	1.01%	12.93	$
BCE	0.5%	21.92	$
NGG	0.26%	73.04	$
GSK	2.34%	38.97	$
RBGPF	-0.71%	63	$
AZN	2.48%	71.71	$
RYCEF	-1.28%	10.12	$
VOD	0.1%	9.58	$
BP	-3.78%	28.07	$
RELX	0.8%	53.79	$

Vision Marine Technologies Affirms Resilience Amid U.S.-Canada Trade Tariffs

AUTOMOTIVE 06.03.2025

Vision Marine Technologies Affirms Resilience Amid U.S.-Canada Trade Tariffs

With established U.S. operations and a skilled workforce in electric marine propulsion, Vision Marine is well-prepared to navigate the evolving trade landscape. The Company has maintained a strong presence in the United States for years, operating through its two established entities and employing highly qualified technicians specialized in electric boat systems. This foundation positions Vision Marine remains to continue delivering innovative solutions to its customers while minimizing exposure to shifting trade policies.

Text size:

MONTRÉAL, QUEBEC / ACCESS Newswire / March 6, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in high-performance electric marine propulsion, reaffirms its strategic positioning and operational resilience in response to recent U.S.-Canada trade tariffs.

Vision Marine Technologies
logo

"We have been strategically invested in the U.S. market for years, with local operations and a highly skilled workforce dedicated to advancing electric marine technology," stated Alexandre Mongeon, CEO of Vision Marine Technologies. "Our existing infrastructure and experience allow us to adapt efficiently, ensuring stability for our investors and partners."

Vision Marine continues to optimize its supply chain and explore strategic initiatives to mitigate potential impacts from tariff adjustments. The Company remains focused on its long-term growth strategy, leveraging its expertise in electrification to expand market reach and reinforce its leadership in high-performance electric marine propulsion.

With the global marine industry shifting toward sustainable solutions, Vision Marine is confident that demand for electric propulsion technology will continue to grow. The Company remains committed to delivering best-in-class electric powertrains while maintaining operational stability and financial strength.

For more information about Vision Marine Technologies, please visit visionmarinetechnologies.com.

About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ:VMAR) is pioneering electric marine propulsion technology, offering high-performance, zero-emission powertrains for the boating industry. With a strong presence in the U.S. and Canada, Vision Marine provides turn-key electrification solutions designed to transform marine transportation with sustainable, efficient, and powerful electric propulsion systems.

Forward-Looking Statements
Certain statements in this press release, including, but not limited to, statements regarding the anticipated benefits of the exclusive supply agreement, market expansion, and future events, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions and subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Vision Marine disclaims any obligation to update these statements except as required by law. Actual results may differ materially from those expressed or implied. For a detailed discussion of these risks, refer to Vision Marine's Annual Report on Form 20-F for the year ended August 31, 2024, and other periodic filings with the SEC. Vision Marine does not undertake any obligation to update or revise forward-looking statements other than as required by law.

Contact Information

Bruce Nurse
Investor Relations
[email protected]
303-919-2913

Website: visionmarinetechnologies.com
Twitter: @marine_vision
Facebook: @VisionMarineTechnologies
Instagram: @visionmarine.technologies
YouTube: @VisionMarineTechnologies

SOURCE: Vision Marine Technologies Inc.

View the original press release on ACCESS Newswire

T.Carrillo--HdM

Featured

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.

AmeriTrust Upgrades OTC Listing To OTCQB

TORONTO, ONTARIO / ACCESS Newswire / March 10, 2025 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust" or the "Company"), a fintech platform targeting automotive finance and specializing in used vehicle lease originations for the automotive industry, is pleased to announce that it has received approval for trading its common shares on the OTCQB Market (the "OTCQB") under the symbol AMTFF effective today, March 10th, 2025. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "AMT".

Vision Marine Technologies Inc. Signs Global Exclusive Supply Agreement With STERK for Electric Boats

Under the agreement, Vision Marine may exclusively integrate its E-Motion™ 180E electric propulsion system into certain STERK boats, facilitating a seamless and high-performance electric boating experience. This collaboration marks a significant milestone in Vision Marine's European expansion strategy, as STERK boats are to be assembled in Germany using Vision's Marine's battery packs.

Vision Marine Technologies Strengthens E-Motion(TM) Line With New Outboard PCU Patent Filing

The patent application reinforces Vision Marine Technologies' role in advancing electric marine propulsion technology. The newly developed Outboard PCU autonomously manages propulsion parameters and cooling operations, delivering enhanced efficiency and reliability. Leveraging a dual-CAN bus architecture, the PCU promotes seamless communication with both internal sensors and actuators within the outboard engine housing and external vessel control units (VCU). This architecture enables real-time autonomous control of the electric motor, increasing performance while maintaining robust safety protocols and scalability.