Vision Marine Technologies Launches Dedicated EV Division at Nautical Ventures, Featuring Seabob as Flagship Electric Water Toy
-
No. 22 UCLA defeats No. 5 Arizona 84-75 despite Kharchenkov's 38 points
-
New York City Center revives In the Heights as a timely community story
-
Antonelli Overcome by Emotion After Victory at Autódromo Hermanos Rodríguez
-
Vessel operator seeks witnesses after Vancouver grounding
-
Godzilla Minus Zero shifts focus toward postwar human drama
-
US Air Force deploys F-16 fighters to remote Aleutian base for readiness drill
-
Mehbooba Mufti urges dialogue and renewed Central Asia links for Kashmir
-
Bezos grant helps Seattle nonprofit move thousands of families toward housing
-
Seacliff Healthcare Seeks Specialist GP in Thirroul
-
Shrini Srivastava joins crew of Varanasi-Delhi Vande Bharat Sleeper service
-
US stocks fall before midterm Election Day as technology shares weaken
-
Nearly Half of Australian Workers Overqualified, Survey Finds
-
BLS Polymers makes strong market debut at ₹248 per share
-
RBI eases export-declaration compliance for individual service exporters
-
Petrol and diesel prices remain broadly steady across major Indian cities
-
India proposes more import entry points for drugs and medical devices
-
Reliance shares remain in focus after near-12% surge
-
Derek Tierney Outlines Ten-Year Strategy for National Digital Health System
-
2026 Arizona Midterms: Key Races, Ballot Measures, and Voter Deadlines
-
NBC’s Steve Kornacki Reveals Tech Habits Ahead of Midterm Elections
-
Coal India prepares possible $1 billion Mahanadi Coalfields listing
-
India and Israel oppose UN draft on regional conventional arms control
-
Julia Stiles and Ezra Sosa Share Emotional Farewell After 'DWTS' Elimination
-
BLS Polymers shares open 65.3% above IPO price
-
US Buildings Threatened by Wildfires Could Triple by 2060
-
Capital-markets shares rally as Motilal Oswal and Angel One lead gains
-
Why Pregnancy Cost Estimates Fail: A Family’s $9,000 Surprise
-
Latino Voters Defy ICE Fears, Turn Out in Record Numbers for Midterms
-
US Strikes Iranian Targets in Strait of Hormuz Ahead of Midterms
-
ITC shares rise as analysts anticipate gradual cigarette-business recovery
-
Brodeur’s Overtime Goal Secures Bethlehem’s Second Consecutive Sectional Title
-
Reliance rally puts historical one-year return pattern in focus
-
Rare 1970 Plymouth ‘Cuda 426 Hemi Listed for $400,000
-
Kuwait edges Oman 1-0 in veterans Gulf Cup in Doha
-
The Digital Burden: Why Instant Messaging Feels Like a Full-Time Job
-
Saudi Aramco quarterly profit climbs 34.6% amid elevated oil prices
-
Alberta Tabled Controversial Riding Boundary Maps Amid Gerrymandering Accusations
-
Washington reports movement in Iran negotiations aimed at preventing escalation
-
Hong Kong court set to sentence activist Joshua Wong in security case
-
Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom
-
Australia raises benchmark rate to highest level in 18 years
-
littlefish and Halo Dot Partner to Replace Payment Terminals with SoftPOS
-
'The Remarried Empress' Cast Discusses Bringing Fantasy Royal Drama to Life
-
Kuwait inspectors destroy 115 kilograms of unverified meat in Farwaniya
-
Asian stocks retreat as AI worries outweigh steep oil-price drop
-
Egypt Accelerates Construction of 341km Sinai Railway Linking Arish and Taba
-
Hamad International Airport stages emergency drills during WATAN 2026
-
John Schneider Admits Owes Millions in 'Dukes of Hazzard' Divorce Battle
-
Global failure to punish attacks leaves journalists at continuing risk
-
Philippine Authorities Report Progress in Thomas Markle Sr. Child Pornography Probe
NYSE - LSE
Vision Marine Technologies Launches Dedicated EV Division at Nautical Ventures, Featuring Seabob as Flagship Electric Water Toy
FORT LAUDERDALE, FL / ACCESS Newswire / August 28, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company") a pioneer in high-voltage marine propulsion and multi-brand boat retail, today announced the launch of a dedicated electric boating division within Nautical Ventures Group. This strategic initiative is designed to provide customers with a complete EV-focused experience-encompassing sales, service, after-sales support, events, and a growing lineup of electric toys and watersports products.
The new division is anchored by Vision Marine's E-Motion™ electric propulsion and electric boat lineup, which serve as the foundation of its EV strategy. As part of this broader initiative, Nautical Ventures has also renewed its Dealer Agreement with Cayago Americas Inc., manufacturer of Seabob. Seabob, known for its electric water sled technology, offers a luxury lifestyle experience and has become internationally recognized as the benchmark for high-end water toys. This aligns with NMMA's commentary that innovation in product design-especially showcased at leading boat shows-is increasingly important in reigniting consumer demand. (NMMA)
Seabob has already proven to be one of Nautical Ventures' strongest-selling premium water toys, with the majority of historical sales driven by the F5S model-now succeeded by the new F9 series, which continues to embody the same legacy of innovation. Its performance underscores the proven demand for premium electric lifestyle products that will complement the division's boat offerings and accelerate adoption of electric marine experiences.
The initiative aligns with broader industry growth. The North American recreational boating market was valued at USD 10.06 billion in 2024 and is projected to reach USD 15.0 billion by 2033, a CAGR of ~4.5% (Market Data Forecast). Within this market, the watersports and accessories segment accounts for over one-third of usage, underscoring the rising importance of lifestyle-driven products. Complementing this, the watercraft accessories market is expected to nearly double-from USD 8.2 billion in 2025 to USD 15.7 billion by 2035-at a 6.1% CAGR (Future Market Insights).
"Our vision goes far beyond propulsion. We are building a complete electric ecosystem for boaters-covering sales, service, aftersales care, and on-water experiences," said Alexandre Mongeon, Chief Executive Officer and Co-Founder of Vision Marine Technologies. "Through Nautical Ventures, we can unite electric boats, toys, and watersports equipment under one roof. The renewed Seabob dealer agreement demonstrates the type of premium, innovative products we are bringing into this division to complement our boat offerings and deliver unmatched value to consumers and partners."
The EV-focused division also provides a platform for future collaborations with leading EV partners, setting the stage for upcoming announcements that will highlight synergies across the transportation, marine, and recreation sectors. Leveraging Florida as a natural launchpad, Nautical Ventures will use its nine-location retail and service footprint to accelerate the adoption of electric boating nationwide.
About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ:VMAR) is a pioneer in the marine industry, offering premium boating experiences across both electric and internal combustion engine (ICE) segments. The Company designs, manufactures, and sells its flagship E-Motion™ 180E high-voltage electric outboard system, while also providing consumers access to boats, marine products, and services through its Nautical Ventures division. With nine retail locations in Florida and established sales, service, and marina operations, Vision Marine delivers scalable, market-ready solutions to meet the evolving needs of recreational boaters and commercial operators.
Official Website
VMAR Investor Presentation
About Seabob (Cayago Americas Inc.)
Seabob, manufactured by Cayago AG and distributed by Cayago Americas Inc., is the world's leading brand of electric water sleds. Manufactured in Germany and distributed globally, Seabob has become the benchmark in luxury watersports.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the impact of the EV division launch, the renewed Seabob dealer agreement, anticipated consumer adoption, future collaborations, and the Company's broader strategic objectives. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Risks include, but are not limited to, market conditions, operational execution, customer demand, competitive factors, and those described in the Company's SEC filings. Vision Marine disclaims any obligation to update forward-looking statements, except as required by law.
Investor and Company Contact:
Bruce Nurse
Investor Relations
(303) 919‑2913
bn@v‑mti.com
SOURCE: Vision Marine Technologies Inc
View the original press release on ACCESS Newswire
S.F.Warren--AMWN
