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Vision Marine Technologies Electric Boat Sales Under Contract Surge as 2026 Deployment Accelerates
The company achieved a 446% year-over-year increase in contracted high-margin electric boat sales.Electric Boat Sales & Market Deployment UpdateMONTREAL,
About this update from Vision Marine Technologies Inc.
[{"type":"text","content":"The company achieved a 446% year-over-year increase in contracted high-margin electric boat sales.Electric Boat Sales & Market Deployment UpdateMONTREAL, March 18, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (\"Vision Marine\" or the \"Company\"), a marine technology company and vertically integrated multi-brand boat retail platform, today announced a 446% increase in electric boat sales under contract for the period beginning September 1, 2025 through late February 2026, compared to the same period in the prior year.\n \n \n \n \n \n \n \nElectric boat sales under contract totalled US $1,118,763.50, compared to US $204,861.20 during the same period in 2024–2025.YOY Sales IncreaseThe 2026 sales mix reflects expansion across multiple electric models, including the Fantail 217, Phantom, Volt 180, and V24 models, as well as higher-output electric powerboat configurations powered by Vision Marine's 180E high-voltage propulsion system. Management notes that the current sales composition reflects broader engagement across electric formats compared to the prior-year period.This performance occurs early in the 2026 boating season. A meaningful portion of the Company's planned electric production allocation for key models, including Volt 180, Fantail 217, Phantom, and V24 platforms, is already committed undersigned contracts. While subject to customary production scheduling, delivery timing, and closing conditions, these early allocations provide improved model-level visibility and support disciplined production planning for the remainder of the model year.In parallel, Vision Marine has begun actively promoting its SPECTR 26 flagship electric tritoon across its retail and digital channels. As marketing initiatives expand and showroom positioning increases, management expects the SPECTR 26 to progressively enter the commercial pipeline. The model is in the early stages of broader market activation and is not yet a material contributor to the reported under-contract figures.Sales activity during the reported period was generated through a combination of retail execution across Nautical Ventures Group's Florida dealership network and website-originated leads from customers outside the Florida market, demonstrating both physical retail engagement and expanding digital demand conversion.Maxime Poudrier, Chief Operating...