Vision Marine Technologies Announces Initial E-Motion 180E Electric Propulsion System Purchase Order from Wired Pontoons

MONTREAL, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a global leader and innovator within the performance electric recreational boating industry, is pleased to announce that it has received an initial purchase order from Wired Pontoons (“Wired”) for 25 units of the E-Motion 180E outboard and powertrain systems.

This order marks the beginning of a transformative partnership, with Wired set to equip its pontoons with these 180 HP electric propulsion systems, responding to the growing marine consumer demand for electric marine propulsion.

“We are excited to collaborate with Vision Marine, starting with an order of 25 E-Motion systems. Over the past 12 months, we’ve seen a decline in the demand for Internal Combustion Engine pontoons, with our customers increasingly seeking eco-friendly alternatives. After evaluating various options, we found the E-Motion system to be the ideal fit for our clientele,” commented Curt Jensen, Wired's President.

Over the past year, Wired has extensively tested the performance of its pontoons equipped with Vision Marine’s systems. The positive feedback from boat show attendees and robust performance data have strengthened Wired’s confidence in the E-Motion system as a game-changing solution in the recreational boating landscape, particularly for pontoon users.

Alex Mongeon, co-founder & CEO of Vision Marine, stated, “The pontoon market in the United States is significant, and pontoon users are prime candidates for the E-Motion 180E. Since 2021, several pontoon brands have been testing our systems, and we are honored that Curt Jensen’s Wired Pontoons has joined this pioneering group.”

This initial order from Wired not only reinforces their position as an innovative leader in sustainable boating but also marks a significant milestone in the journey towards decarbonized and enhanced boating experiences. Through this partnership with Vision Marine, Wired is set to offer its customers a proven, powerful electric propulsion solution that has demonstrated its effectiveness.

The E-Motion 180E is a key component of the Wired 23-R electric pontoon and delivers an unparalleled experience in electric marine propulsion.

About Wired Pontoons, Inc.
Wired Pontoons is revolutionizing the boating experience with its range of electric pontoons. Offering a unique and exciting way to explore waterways, Wired Pontoons emphasizes pleasure, power, and respect for nature. Their electric pontoons allow for silent navigation while respecting the tranquility of natural settings.