on Vision Marine Technologies Inc
Vision Marine Technologies Acquires Nautical Ventures
Vision Marine Technologies Inc. (NASDAQ:VMAR), a leader in electric marine propulsion systems, has announced the acquisition of Nautical Ventures Group Inc. Vision Marine plans a live investor call on July 2, 2025, to discuss this strategic move. The purchase of Nautical Ventures, recognized as the 2024 Boating Industry Top Dealer of the Year, marks a significant milestone for Vision Marine.
Nautical Ventures has reported over $100 million in annual revenue from 2020 to 2023. The acquisition aims to expand Vision Marine's market presence and support the rollout of its E-Motion™ electric powertrain systems.
The management team will outline how this acquisition supports Vision Marine's vision for scaling electric propulsion in the marine industry and enhance its long-term growth strategy.
R. P.
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