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VMAR – Vision Marine Technologies Inc


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Analysts’ Price Targets

Mean 20

Low: 20

High: 20

Total Analysts: 0

Company Profile

Vision Marine Technologies Inc. is a Canada-based company that is engaged in designing and manufacturing electric outboard powertrain systems and its related technology. The Company has developed its fully-electric outboard powertrain system that combines a battery pack, inverter, motor with union assembly between the transmission and the electric motor design and control software. Its electric outboard powertrain, E-Motion 180E, is designed to produce 180 horsepower (hp) and 236 pound-foot (Lb. ft) at 94% load. It manufactures five models of electric powerboats, such as Phoenix 290, Bruce 22, Volt 180, Fantail 217 and Quietude 156. For each of its boats, its consumers can customize certain aspects, including color for the hull, striping, interior and deck; radio and covers, and other storage options. The Company sells its electric boats to retail customers as well as to boat clubs and boat rental operations.

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