Vision Marine Technologies reports E-Motion platform improvements

Vision Marine Technologies Inc. (NASDAQ: VMAR) announced improvements to its E-Motion high-voltage electric marine propulsion system based on real-world testing and vessel integration work.

The company reported a 10% increase in cooling efficiency during internal testing following engineering refinements and on-water validation. Vision Marine also received refined high-voltage battery packs from Octillion Power Systems Inc. that provide approximately 7.5% more capacity per pack within a similar footprint compared to current production packs.

The company has reduced assembly complexity within the E-Motion system through bill-of-material review, part-count reduction and simplified component architecture. These changes are intended to support manufacturability, service access and cost discipline, though actual cost reductions remain subject to validation, supplier pricing and production volume.

Vision Marine refactored elements of its firmware architecture to improve maintainability and simplify future system updates. The company is also advancing its ZCU enclosure architecture to improve system organization, installation consistency and technician access.

"With thousands of hours on the water across multiple hulls and boat types, we are not guessing at what the market needs," said Alexandre Mongeon, Chief Executive Officer. "We are using real integration experience, real operating data and real service feedback to improve cooling, battery integration, firmware, assembly architecture and serviceability across the E-Motion platform."

During the fiscal quarter ended May 31, 2026, the company issued 2,275,316 common shares through its at-the-market equity program. Gross proceeds totaled $2,585,998, with net proceeds of $2,410,280 after commissions and transaction costs of $175,718. The company plans to use proceeds for general corporate purposes, including working capital and strategic initiatives.

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