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FAQ: Vision Marine Technologies Inc. Acquires Nautical Ventures to Launch First Integrated Electric Boat Dealership in North America

FaqStaq News - Just the FAQs June 23, 2025
By FAQstaq Staff
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FAQ: Vision Marine Technologies Inc. Acquires Nautical Ventures to Launch First Integrated Electric Boat Dealership in North America

Summary

Vision Marine Technologies Inc. (NASDAQ: VMAR) has acquired Nautical Ventures Group, establishing North America's first combined electric boat propulsion and dealership platform, enhancing direct-to-consumer capabilities and expanding revenue streams.

What is the significance of Vision Marine Technologies acquiring Nautical Ventures?

The acquisition establishes North America’s first combined electric boat propulsion and dealership platform, pairing Vision Marine’s E-Motion powertrain with Nautical Ventures’ retail network, inventory, and service capabilities.

How does this acquisition benefit Vision Marine Technologies?

It provides direct access to one of the world’s most active boating markets, adds direct-to-consumer capabilities, expanded revenue streams, and positions the company to scale nationwide.

What brands are included in Nautical Ventures’ portfolio?

Nautical Ventures’ portfolio includes brands like Axopar, Yamaha, and Beneteau.

Where are Nautical Ventures’ locations?

Nautical Ventures has nine locations in Florida.

How was the acquisition funded?

The deal was funded through cash, a seller’s note, and stock, advised by ThinkEquity.

What is Vision Marine Technologies Inc.’s mission?

Vision Marine’s mission is to transform the boating experience through technology, efficiency, and integrated end-to-end electric solutions.

Where can I find more information about Vision Marine Technologies Inc.?

More information is available at www.visionmarinetechnologies.com and in the company’s newsroom at https://ibn.fm/VMAR.

What makes Vision Marine’s E-Motion powertrain unique?

The E-Motion powertrain offers OEMs and consumers a scalable, zero-emission, high-performance alternative to internal combustion systems.

Who advised the acquisition deal?

The deal was advised by ThinkEquity.

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