QualityStocksNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Announces New Rotomolded Boat Model, Inks Exclusive Florida Distribution Deal
Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has unveiled its newest offering: the Phantom. The company announced the new rotomolded, recyclable and hard-to-damage boat at the Miami International Boat Show 2024. According to the announcement, the Phantom is a breakthrough in rotomolded boat design that offers significant market advantages through its economic and environmental benefits. The company anticipates producing an estimated 300 units annually at 70% less than the production costs of fiberglass alternatives, with potential scalability to 1,500 units per year. In addition, Vision Marine announced that it has entered an exclusive…