Vision Marine TechnologiesVMAR
VMAR
About: Vision Marine Technologies Inc is in the business of designing and manufacturing electric outboard powertrain systems, power boats, and related technology and the renting of electric boats. The different models of the powerboats and electric boats manufactured by the company include Bruce 22, Fantail 217, Volt 180, and others. The company operates in two reportable business segments; Sale of electric boats and Rental of electric boats. The majority of the revenue for the company is generated from the Sale of electric boats segment. Geographically, the company generates revenue from its business in Canada, USA and other countries. A substantial portion of the overall revenue is generated from its business in USA.
Employees: 20
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
10.55% less ownership
Funds ownership: 14.04% [Q2] → 3.49% (-10.55%) [Q3]
31% less funds holding
Funds holding: 16 [Q2] → 11 (-5) [Q3]
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
92% less capital invested
Capital invested by funds: $1.18M [Q2] → $98.7K (-$1.08M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for VMAR.
Financial journalist opinion
Based on 7 articles about VMAR published over the past 30 days
Neutral
Accesswire
4 days ago
Vision Marine Technologies Announces Closing of Private Placement
MONTRÉAL, QC / ACCESS Newswire / January 16, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (NASDAQ:VMAR), a leading innovator in electric marine propulsion, today announced the closing of its previously announced brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a "Common Share") (or pre-funded warrants (each a "Pre-funded Warrant") in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of Common Shares (or Pre-funded Warrants) of the Company at a price of US$1.25 per unit, for aggregate gross proceeds of approximately US$5.9 million, before deducting fees and offering expenses. As part of the offering, the Company issued a combination of 4,706,400 Common Shares (or Pre-funded Warrants in lieu thereof), and Common Warrants to purchase 2,353,200 common shares.
Neutral
Accesswire
6 days ago
Vision Marine Technologies Files Patent Application for Proprietary Battery Encryption System
Safeguarding Advanced Powertrain Technology and Boaters' Data from Third-Party Substitution MONTREAL, QC / ACCESSWIRE / January 14, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and Trademark Office for a groundbreaking Battery Authentication Encryption Technology. This system is designed to securely integrate proprietary components within the E-Motion™ Electric Powertrain, prevent third-party substitution, and gather valuable boaters' data, reinforcing the strategic value of Vision Marine's advanced technology.
Neutral
Accesswire
1 week ago
Vision Marine Technologies Announces $5.8 Million Private Placement
MONTREAL, QC / ACCESSWIRE / January 13, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, today announced that it has entered into definitive securities purchase agreements dated January 12, 2025 with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a "Common Shares") (or pre-funded warrants ("Pre-funded Warrants") to purchase in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of shares of common shares (or Pre-funded Warrants) of the Company at a price of US $1.25 per unit, on a brokered private placement basis, for aggregate gross proceeds of approximately US $5.8 million, before deducting fees and offering expenses. The Company will be issuing a combination of 4,626,400 common shares (or Pre-funded Warrants in lieu thereof), and common warrants to purchase 2,313,200 common shares.
Neutral
Accesswire
1 week ago
Vision Marine Technologies Announces 2025 Boat Show Schedule
MONTREAL, QC / ACCESSWIRE / January 11, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, is pleased to announce its schedule for the upcoming boat show season. The company will showcase its groundbreaking electric powertrain technology, its latest innovative electric boats, and, for the first time, electric pontoons available for purchase and delivery started spring 2025.
Neutral
Accesswire
1 week ago
Vision Marine Technologies Secures Over US$11.7 Million Through At-the-Market Offering to Accelerate Growth and Strategic Acquisitions
BOISBRIAND, QC / ACCESSWIRE / January 10, 2025 / Vision Marine Technologies Inc. ("Vision Marine") (NASDAQ:VMAR), a leader in electric marine propulsion systems, is pleased to announce the successful completion of an at-the-market ("ATM") offering, raising gross proceeds of approximately US$11.75 million and net proceeds of approximately US$11.2 million. We intend to use the net proceeds from the offering for general corporate purposes, including strategic acquisitions aimed at expanding our market presence and enhancing our technological capabilities.
Neutral
Accesswire
1 week ago
Vision Marine Technologies Innovates HV Marine Battery Packs in Collaboration With Calip Group
MONTREAL, QC / ACCESSWIRE / January 9, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, announces the establishment of a production line for custom cooling plates in partnership with Calip Group, a leader in high-tech welding processes. Under this collaboration, Calip Group will supply components that enhance the thermal management of Vision Marine's high-voltage (HV) marine battery packs.
Neutral
Newsfile Corp
2 weeks ago
The Power of Vision for Electric Boats - How one CEO made it Happen
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - January 5, 2025) - Investorideas.com, a global news source and expert investing resource covering water and renewable energy stocks issues a new edition of the Investorideas.com Cleantech Podcast. Host Cali Van Zant talks to Mr.
Positive
Green Stock News
1 month ago
Green Stock News for December 9, 2024: $FLNC $NFYEF $VMAR $LDTC
Welcome to the green stock news brief for Monday, December 9th. Here are today's top headlines: Fluence Energy (NASDAQ: FLNC) has inaugurated the 200 MW / 400 MWh Rangebank Battery Energy Storage System in Melbourne, Australia, capable of powering 80,000 homes for one hour during peak periods.
Neutral
Accesswire
1 month ago
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 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.
Neutral
Newsfile Corp
1 month ago
Riding the Wave of an Electric Boat Future- Collaborations Key to Success
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - December 3, 2024) - Investorideas.com, a go-to investing platform covering electric vehicle stocks issues a snapshot on the future of the electric boating market and some of the partnerships moving the sector forward, featuring Vision Marine Technologies Inc. (NASDAQ: VMAR), a pioneer in electric marine propulsion. Read the full article on Investorideas.com https://www.investorideas.com/News/2024/renewable-energy/12030Electric-Boat.asp According to a recent study by Future Market Insights, "The global electric boats market is on a rapid growth trajectory, expected to expand at a Compound Annual Growth Rate (CAGR) of 10.4% from 2023 to 2033.
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