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Vision Marine and Armada Partner to Produce an Innovative Electric Pontoon for North America’s Regulated Lakes
MONTRÉAL, QUEBEC / ACCESSWIRE / December 8, 2024 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), a
About this update from Vision Marine Technologies Inc.
[{"type":"text","content":"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, has 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 eco-friendly, regulation-compliant, and competitively priced boating solutions for North America's vast network of 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 unavailable, 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-celebrated for their versatility and stability-remain one of the fastest-growing segments in the marine industry. This electric pontoon is uniquely positioned to address growing demand, offering families an eco-friendly and seamless on-water experience tailored for these regulated environments.\"This pontoon represents a new opportunity for families and boaters who've long sought a turn-key, regulation-friendly 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's 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 dedication to delivering practical and innovative boating solutions,\" said Mathieu Gardner, President of Armada Pontoons. Zen Pontoon Line produced by Armada PontoonsThe new pontoon will be showcased 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 firsthand. Vision Marine invites attendees to participate in sea tr...