Business
Twin Vee PowerCats Co. Announces Nautical Ventures as Broward County Florida Dealer
FORT PIERCE, FL / ACCESS Newswire / March 31, 2026 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and
About this update from Twin Vee Powercats Co.
[{"type":"text","content":"FORT PIERCE, FL / ACCESS Newswire / March 31, 2026 / Twin Vee PowerCats Co. (Nasdaq:VEEE), (\"Twin Vee\" or the \"Company\"), a manufacturer, distributor, and marketer of power sport boats, today announced the addition of Nautical Ventures Group (\"Nautical Ventures\"), a subsidiary of Vision Marine Technologies Inc., as its exclusive authorized dealer in Broward County, Florida.\"Broward County is one of Florida's most significant markets for the recreational marine industry,\" explained Joseph Visconti, CEO and President of Twin Vee PowerCats Co. \"In 2022, Broward County contributed $3.889 billion in sales of boat and motor products of the $18.7 billion statewide retail sales gross Florida saw, according to an industry survey, making it a premier market for our products. We're excited to be working with Nautical Ventures to represent the Twin Vee brand in Broward County with consistency and operational discipline.\"Nautical Ventures, which ranked #1 in the Top 100 Dealers in 2024 and received Boating Industry's Top 100 Dealer Award three years in a row, is an accomplished marine dealership with two locations in Broward County. Offering new and pre-owned boat sales, marina services, financing, and on-water experiences, the Company believes that Nautical Ventures has demonstrated the ability to execute across high-demand performance boating categories and deliver products efficiently to market.\"We believe this new dealer agreement reflects our continued focus on structuring our retail operations around high-quality product offerings,\" said Alexandre Mongeon, Chief Executive Officer of Vision Marine Technologies Inc. \"In markets like South Florida, we have seen continued customer interest in the adventure catamaran segment, and Twin Vee's platform aligns well with this category.\"As part of the relationship, Nautical Ventures and Twin Vee are collaborating on the development of two custom adventure boat models, designed to meet the evolving customer demand in the South Florida market.Initial inventory deliveries are expected within the coming weeks, supporting near-term retail activity across Nautical Ventures' territory in Broward County.About Twin Vee PowerCats Co.Twin Vee PowerCats Co. manufactures a range of boats under the Twin Vee and Bahama Boat Works brands, designed for activities including fishing, cruising, and rec...