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Stock impact report

Vision Marine Unveils its Phantom Rotomolded Boat and Secures Exclusive Florida Distribution Deal [Yahoo! Finance]

Vision Marine Technologies Inc. - Common Shares (VMAR) 
Company Research Source: Yahoo! Finance
the performance electric recreational boating industry, proudly unveils the Phantom, a rotomolded, recyclable, and hard-to-damage boat at the Miami International Boat Show 2024 today. Vision Marine Technologies introduces the Phantom, a breakthrough in rotomolded boat design, offering significant market advantages through its economic and environmental benefits. Engineered for efficiency, the Phantom enables Vision Marine to produce up to an estimated 300 units annually at a cost that is 70% lower than that of fiberglass alternatives, with potential scalability to 1,500 units per year. In response to economic uncertainties in the boating industry, Vision Marine has thoughtfully priced the Phantom, ensuring high quality and affordability, thereby reflecting the company's dedication to excellence, cost-effectiveness, and environmental sustainability. Designed to comfortably seat up to 10 passengers, the Phantom will make its debut at the Miami Convention Center, in the Nautical Vent Show less Read more
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