Vision Marine Technologies Partners with Hellkats Powerboats and Center Console Only with the goal of Shattering the Electric...
June 15 2021 - 7:30AM
Vision Marine Technologies, Inc. (Nasdaq:
VMAR) (“Vision Marine” or the “Company”) a leading
manufacturer in the electric recreational boating industry serving
both OEMs and consumers, is pleased to announce today that the
Company will partner with Hellkats Powerboats to showcase the
capabilities of its proprietary technology by rigging a Hellkats
32’ Super-Sport Widebody Catamaran with a twin application of its
groundbreaking E-Motion™ powertrain system. This limited edition
“Fulgura I” is scheduled to be on the water in November 2021.
Center Console Only (“CCO”), a well-known voice in the boating
industry, intends to document the process, ranging from
manufacturing the boat, installing the technology, and filming the
event.
“We thoroughly appreciate and respect innovators working to push
the boating industry forward. Vision Marine has truly created
something special, and we are honored to have the opportunity to
showcase its revolutionary E-Motion™ powertrain system. The
combination of Vision Marine and Hellkats Powerboats is guaranteed
to turn heads,” said Alan Blanco, CEO of CCO.
“My team and I are extremely excited to partner with Hellkats.
This is the perfect opportunity to showcase the capability,
reliability and power of our E-Motion powertrain”, stated Alexandre
Mongeon, co-founder and CEO of Vision Marine. With top speed
expected to surpass 100 mph (160 km/h), Vision Marine intends to
position itself as the uncontested leader in the electric boating
industry, and moreover, a truly disruptive force to penetrate the
traditional ICE boating industry.
After the event, where the “Fulgura I” is expected to shatter
the world record for its category, the boat will be auctioned off,
with all proceeds going to select charities tied to furthering the
awareness and cleanup of waterways globally. Mr. Mongeon expressed
his strong commitment and continuing mandate to keep waterways
clean and safe from pollutants “Vision Marine has always been
dedicated to lessening reliance on fossil fuels. This is yet
another way for us to help keep our waterways pollution free for
future generations”, states Mr. Mongeon.
About Vision Marine Technologies, Inc.Vision
Marine Technologies, Inc., 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
outboard powertrain (“E-Motion™”) 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 continues
to design, innovate, manufacture, and sell our handcrafted, high
performance, environmentally friendly, electric recreational power
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 ICE motorboat.
About Hellkats PowerboatsWe are a leading boat
manufacturer, specializing in powerboats and using the latest
advancements with the infusion of fiberglass and core construction
in our hulls and decks. We use state-of-the-art materials in all
our powerboats. Our company motto is not only to have a good
looking and fast catamaran, but one that is safe and is built with
the best labor and material in the market.
We are a leading performance catamaran boat builder in south
Florida. Our most popular performance is a 30’ Sport
Catamaran that as of January 2020, holds the unofficial record for
being the fastest 30;/44’ small tunnel catamaran that has run up to
speeds of 124 mph.
About CCOAt Center Consoles Only, we work
relentlessly to create unique content while telling a story that
consistently prompts high-quality engagement from our growing
community of boating enthusiasts. We offer marine manufacturers
highly customizable solutions ranging from production shoots,
reviews to live-streams. Our mission is to inform, educate and
entertain those in the boating community, one experience, one sea
trial and one conversation at a time.
Forward-Looking StatementsCertain statements
made in this press release are “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
“anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”,
and “project” and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. These forward-looking statements reflect the
current analysis of existing information and are subject to various
risks and uncertainties. As a result, actual results may differ
materially from these expectations due to changes in global,
regional, or local economic, business, competitive, market,
regulatory and other factors, many of which are Vision’s control.
Important factors that could cause actual results to differ
materially from those in the forward-looking statements are set
forth in Vision’s Annual Report on Form 20-F, filed with the SEC
for the year ended December 31, 2020, as such factors may be
updated from time to time in Vision’s periodic filings with the
SEC. Any forward-looking statement in this press release speaks
only as of the date of this release. Vision undertakes no
obligation to publicly update or review any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as may be required by any
applicable securities laws.
https://visionmarinetechnologies.com.
Investor and Company Contact:Bruce NurseVision
Marine Technologies, Inc.(800)
871-4274bn@v-mti.com
Dave GentryRedChip Companies Inc.800-RED-CHIP (733-2447)
or 407-491-4498dave@redchip.com
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