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Vision Marine Smashes the World Record for World’s Fastest Electric Boat

Achieves Top Speed of 109 MPH at the Iconic Lake of the Ozarks Shootout MONTREAL, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (Nasdaq:

articleVision Marine Technologies Inc.August 29, 20224/company/vision-marine-technologies-inc/news/vision-marine-smashes-the-world-record-for-worlds-fastest-electric-boat
Vision Marine Smashes the World Record for World’s Fastest Electric Boat

About this update from Vision Marine Technologies Inc.

[{"type":"text","content":"Achieves Top Speed of 109 MPH at the Iconic Lake of the Ozarks Shootout\nMONTREAL, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (Nasdaq: VMAR) (“Vision Marine” or the “Company”), the global leader in the electric recreational marine propulsion industry serving OEMs, is proud to announce an historic milestone in the boating industry by shattering the 100 MPH speed barrier on an electric watercraft. The event, in its 34th year, catered to a plethora of onsite and online video streaming viewers. A consortium of several important world renowned players needed to come together to achieve such a feat. Vision Marine, in partnership with Hellkat Powerboats, gave birth to the V32, a 32' catamaran hull specifically designed to accommodate the necessary battery banks to power a pair of Vision Marine’s flagship E-Motion™ electric outboards with the sole intention of breaking new ground. The V32 was entirely designed from the ground up by Vision Marine's internal engineering team and Shaun Torrente of Shaun Torrente Racing (“STR”), who was also in charge of rigging, setting up, and testing the V32 in Florida throughout the course of several months. To power this behemoth, a uniquely designed battery pack was developed by Vision Marine in partnership with Octillion Power Systems, which also acted as a sponsor for this race. Nextfour Solutions supplemented the vessel's monitoring systems, and Pat Weissman of Weissman Marine engineered the outdrives. As expected, on August 28, 2022, at the most significant performance boat competition in the United States in Lake of the Ozarks, Missouri, over 100,000 people in attendance witnessed 5 time UIM and current F1 H20 World champion pilot Shaun Torrente take the V32 to the water. He officially reached a new world record speed of 109 MPH, shattering the previous 88.6 MPH world record held by Jaguar on its lightweight Vector V20E. Vision Marine CEO and co-founder Alex Mongeon stated: \"I am grateful for this accomplishment. I feel blessed to have worked with world class personnel such as Shaun Torrente, Pat Weissman, and Dave Dewald. Shaun Torrente's unequaled talent has once again proven the feasibility of performance electric motorization in a marine environment without compromising speed.\" Mr. Mongeon continued, \"This 109 MPH record is groundbreaking, to say the least, and will...

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