The Albany Gazette - Automotive (English)

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Featured

Spiffy's Digital Servicing Platform Expands with Krause Genesis

Krause Genesis accelerates mobile service innovation as Spiffy integrates with CDK

Vision Marine Technologies Announces Closing of Private Placement

MONTRÉAL, QC / ACCESS Newswire / January 16, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (NASDAQ:VMAR), a leading innovator in electric marine propulsion, today announced the closing of its previously announced brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a "Common Share") (or pre-funded warrants (each a "Pre-funded Warrant") in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of Common Shares (or Pre-funded Warrants) of the Company at a price of US$1.25 per unit, for aggregate gross proceeds of approximately US$5.9 million, before deducting fees and offering expenses.

Last news

Vision Marine Technologies Files Patent Application for Proprietary Battery Encryption System

Safeguarding Advanced Powertrain Technology and Boaters' Data from Third-Party Substitution

Vision Marine Technologies Announces $5.8 Million Private Placement

The Company will be issuing a combination of 4,626,400 common shares (or Pre-funded Warrants in lieu thereof), and common warrants to purchase 2,313,200 common shares. Each Pre-funded Warrant will entitle the holder to acquire one common share at an exercise price of $0.001 per share, and each Common Warrant will be immediately exercisable and entitle the holder to acquire one common share at an exercise price of $1.50 per share, for a period of five and one-half years following the closing of the Offering. The private placement is expected to close on January 14, 2025, subject to customary closing conditions.

Vision Marine Technologies Announces 2025 Boat Show Schedule

Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, is pleased to announce its schedule for the upcoming boat show season. The company will showcase its groundbreaking electric powertrain technology, its latest innovative electric boats, and, for the first time, electric pontoons available for purchase and delivery started spring 2025. Different boats, including E-Motion™ equipped models, will be showcased at select locations, ensuring a varied experience tailored to each show. Attendees will have the opportunity to see, test, and buy these newly added models in Vision Marine's product lineup, with purchase inquiries available at all locations, even if specific boat models vary by show.

Vision Marine Technologies Secures Over US$11.7 Million Through At-the-Market Offering to Accelerate Growth and Strategic Acquisitions

Vision Marine Technologies Inc. ("Vision Marine") (NASDAQ:VMAR), a leader in electric marine propulsion systems, is pleased to announce the successful completion of an at-the-market ("ATM") offering, raising gross proceeds of approximately US$11.75 million and net proceeds of approximately US$11.2 million. We intend to use the net proceeds from the offering for general corporate purposes, including strategic acquisitions aimed at expanding our market presence and enhancing our technological capabilities.

Vision Marine Technologies Innovates HV Marine Battery Packs in Collaboration With Calip Group

Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, announces the establishment of a production line for custom cooling plates in partnership with Calip Group, a leader in high-tech welding processes. Under this collaboration, Calip Group will supply components that enhance the thermal management of Vision Marine's high-voltage (HV) marine battery packs. These custom cooling plates are specifically tailored to meet the stringent demands of marine applications, with production slated to begin in 2025.

Vision Marine Technologies and Massimo Marine Announce Production Partnership for First Commercial Electric Pontoon Platform

Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, has entered into a milestone partnership with Massimo Marine, the marine division of Massimo Group (MAMO). This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets. As part of Vision Marine's strategic shift to offer complete electric boats directly to consumers, this partnership represents a key step in rapidly delivering high-quality electric marine products to market.

Tidal Wave Auto Spa Celebrates Grand Opening of Brand-New Lantana, FL, Location

Top Three Conveyor Car Wash Company Opens 20th Express Wash in Sunshine State

Fine-Art Automotive Photographer Launches Southern California Studio

Fine art automotive photographer Peter Kappen has opened a state-of-the-art, purpose-built studio in Ventura, California, dedicated to capturing stunning, high-end automotive imagery. Serving prestigious clients across North America, Kappen specializes in working with elite car collectors, OEMs, and automotive brands, elevating every vehicle he shoots into a true work of art.

Vision Marine Partners With a Major Pontoon Manufacturer to Produce Cutting-Edge Electric Pontoons

Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, is pleased to announce a new production initiative with Smoker Craft Inc., a U.S.-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a state-of-the-art pontoon platform specifically designed to integrate Vision Marine's high-performance (180 HP) electric propulsion systems, specifically the pontoon-designed P-Powerpack. We believe the powerpack will merge cutting-edge technology and exceptional craftsmanship into a transformative product for the marine industry.

Honest Digital Wins 'Best Large SEO Agency' at US Search Awards - The First in Automotive

Honest Digital Takes Home Four Awards at 2024 US Search Awards

AZ Mobility is Now EZmobility Direct, Signaling a New Era in Mobility Solutions

AZ Mobility, one of the country's leading names in online wheelchair-accessible vehicle sales, is thrilled to announce its evolution into EZmobility Direct™. This new name represents our commitment to delivering quality mobility solutions to our clients across the United States in a convenient and reliable way.