Vision Marine Technologies Sets New Electric Boat Speed Record, Reinforcing Industry Leadership

Vision Marine Technologies Inc. (NASDAQ: VMAR) has reinforced its position as an industry leader in marine electrification by setting a new world record for the fastest electric boat. The company's E-Motion™ 180E-powered vessel achieved an astonishing speed of 116 mph at the annual Lake of the Ozarks Shootout in Missouri, surpassing its previous record of 109 mph set in 2022. This achievement marks a significant milestone in electric marine propulsion technology and demonstrates the competitive viability of electric boats in high-performance applications.

The record-breaking performance underscores Vision Marine's commitment to innovation and excellence in the electric marine industry. According to CEO and cofounder Alexandre Mongeon, the company is becoming the reference in America for electric boating. When we broke the record, we proved that electric boating can compete at the highest levels of performance, Mongeon stated. Today, that same technology is validated and available to customers through Florida's strongest dealer platform. The company's technology remains faster than 80% of ice boats at the Ozarks, highlighting its enduring performance edge while building a sustainable foundation that creates lasting value for investors.

Vision Marine Technologies epitomizes the marine industry's shift toward electric propulsion with its pioneering E-Motion™ outboard powertrain system. This innovative technology represents a significant leap forward in marine propulsion, combining advanced battery packs, inverters and high-efficiency motors with proprietary software and assembly techniques. The company's commitment to eco-friendly electric powerboats is reshaping the recreational boating experience, offering higher speeds, longer ranges and smoother rides than traditional internal combustion engine boats.

The implications of this technological advancement extend beyond recreational boating. As marine industries worldwide face increasing pressure to reduce emissions and adopt sustainable practices, Vision Marine's record-breaking performance demonstrates that electric propulsion can deliver both environmental benefits and superior performance. The company's achievement challenges conventional perceptions about electric marine vehicles and positions electric boating as a viable alternative to traditional gasoline-powered vessels in high-performance applications.

For investors and industry observers, Vision Marine's continued innovation and record-setting performance signal the company's strong position in the growing electric marine market. The company maintains its commitment to pushing technological boundaries, with Mongeon noting that once the record is challenged, we will return with determination to push the boundaries even further. This ongoing development and training phase positions Vision Marine at the forefront of marine electrification, with technology that is now commercially available to consumers through established dealer networks. Additional information about the company's developments is available through their newsroom at https://ibn.fm/VMAR.