Vision Marine and Armada Partner to Produce Innovative Electric Pontoon for North America’s Regulated Lakes Investing.com



MONTRÉAL, QUEBEC / ACCESSWIRE / December 8, 2024 / Vision Marine Technologies Inc. (“The Company,” “Vision Marine,” “we,” “us,” “our”) (Nasdaq:VMAR), a pioneer in electric marine propulsion, announced a strategic partnership with Armada Pontoons, a renowned manufacturer of high-quality pontoon boats based in Quebec, Canada. This collaboration introduces a new electric pontoon boat designed to meet the growing demand for environmentally friendly, regulatory compliant and competitively priced boating solutions for the vast network of North American lakes.

Many lakes across North America, particularly in states like Georgia, North Carolina, Ohio, and Pennsylvania, have implemented restrictions that allow only electric motors to protect ecosystems and reduce pollution. While comprehensive data on the total number of waterways with such regulations is not available, the scale of the opportunity is clear. With approximately 479,950 lakes and reservoirs in the contiguous United States and over 3 million lakes in Canada, pontoons – known for their versatility and stability – remain one of the fastest growing segments in the marine industry. This electric pontoon is uniquely positioned to respond to growing demand, offering families an eco-friendly and seamless experience on the water tailored to these regulated environments.

“This pontoon represents a new opportunity for families and boaters who have long been looking for a turnkey, regulatory compliant solution without compromising on quality or ease of use,” said Alexandre Mongeon, CEO of Vision Marine. “Our collaboration with Armada Pontoons has allowed us to create something truly special – an electric pontoon boat that is easy to own, operate and love.”

Armada Pontoons, based in Victoriaville, Quebec, brings decades of expertise in manufacturing durable, high-quality pontoons to the project. “This partnership reflects our shared commitment to providing practical and innovative boating solutions,” said Mathieu Gardner, President of Armada Pontoons.

Zen Pontoon Line manufactured by Armada Pontoons

The new pontoon will be shown at major boat shows throughout 2025, including events in Florida, California, Montreal and Toronto. These events provide an excellent opportunity for boating enthusiasts, investors and dealers to see the boat first hand. Vision Marine invites participants to participate in sea trials, place pre-orders and contact [email protected] for partnership opportunities or early orders. Don’t miss the opportunity to be among the first to explore this innovative design.

This eco-friendly pontoon is not only ideal for confined waters, but also aligns with wider efforts to reduce emissions and noise pollution. With increasing federal and state incentives available for electric boating, such as grants and subsidies for sustainable transportation, it represents a compelling option for sustainability-minded investors and environmentally conscious consumers.

This launch aligns with Vision Marine’s broader strategy to accelerate the adoption of electric boats in North America. By offering affordable and environmentally friendly products, the company is at the forefront of transforming the marine industry, paving the way for a cleaner, more sustainable future.

About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a pioneer in electric boating, known for its innovative E-Motionâ„¢ electric marine propulsion technology that offers the ultimate zero-emission boating experience. With its own turnkey electrical solutions, Vision Marine combines cutting-edge technology, high-performance propulsion and environmentally friendly systems. The company has broken multiple electric world speed records, demonstrating 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.

About Armada pontoons
Armada Pontoons, based in Victoriaville, Quebec, specializes in the design and manufacture of premium quality pontoon boats that combine durability, comfort and performance. With a focus on customization and craftsmanship, Armada has built a reputation for delivering boats that meet a wide range of recreational needs. From relaxing family outings to leisurely cruises, Armada Pontoons offers custom solutions that enhance the boating experience for customers across North America.

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 may be considered future events or trends and not they refer to historical issues. These statements involve known and unknown risks, uncertainties and other factors that could 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 undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, as required by law.

Contact for investors and companies:

Vision Marine Technologies
Bruce nurse
(303) 919-2913
[email protected]

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

Armada Pontoons
Mathieu Gardner, President
819-330-8666
[email protected]
[email protected]
www.armadamarineusa.com
www.armadamarine.ca

Contact information

Bruce nurse
Investor relations
[email protected]
303-919-2913

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SOURCE: Vision Marine Technologies

See the original press release at accesswire.com





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