Business
Vision Marine Technologies Inc. Announces the Resignation of Mr. Renaud Cloutier from the Board
MONTREAL, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a global leader and innovator
About this update from Vision Marine Technologies Inc.
[{"type":"text","content":"MONTREAL, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a global leader and innovator within the performance electric recreational boating industry, today announced the resignation of Mr. Renaud Cloutier from the Board of Directors for personal reasons. Vision Marine is currently interviewing a number of potential candidates to join the Board and expects to make an appointment announcement in the coming weeks. “On behalf of the Vision Marine Board of Directors and the company, we would like to thank Mr. Renaud Cloutier for his valuable contributions to the Company over the past two years. We appreciate the opportunity we had to benefit from Renaud's extensive professional background, thorough business acumen and the strategic insights he brought to our Board, and we wish Renaud continued success in his future business endeavors,” stated Alex Mongeon, co-founder & CEO of Vision Marine. About Vision Marine Technologies Inc. Vision Marine Technologies Inc. (Nasdaq: VMAR), strives to be a guiding force for change and an ongoing driving factor in fighting the problems associated with waterway pollution by disrupting the traditional boating industry with electric power, in turn directly contributing to zero pollution, zero emission and a noiseless environment. Our Flagship E-Motion™ 180E electric marine powertrain is the first fully electric purpose-built outboard powertrain system that combines an advanced battery pack, inverter, and high efficiency motor with proprietary union assembly between the transmission and the electric motor design utilizing extensive control software. Our E-Motion™ and related technologies used in this powertrain system are uniquely designed to improve the efficiency of the outboard powertrain and, as a result, enhance both range and performance. Vision Marine continues to design, innovate, manufacture, and sell handcrafted, environmentally friendly, electric recreational boats to customers. The design and technology applied to our boats results in far greater enhanced performance in general, higher speeds, and longer range. Simply stated, a smoother ride than a traditional internal combustion engine (ICE) motorboat. Forward-Looking Statements Certain statements made in this press release are “forward-looking statements” within the meani...