Curated News
By: NewsRamp Editorial Staff
August 14, 2025
Vision Marine Expands with Nimbus Boats USA Deal in Florida
TLDR
- Vision Marine Technologies expands its market dominance by securing exclusive rights to distribute Nimbus powerboats in Florida, tapping into the lucrative $6.4 billion powerboat market.
- Vision Marine Technologies' Nautical Ventures will exclusively distribute Nimbus powerboats in Florida starting August 2025, following a Letter of Intent to be finalized by March 2026.
- By integrating Nimbus powerboats into its portfolio, Vision Marine Technologies enhances recreational boating options, contributing to more sustainable and enjoyable water-based activities.
- Discover how Vision Marine Technologies is revolutionizing the boating industry by combining electric propulsion with traditional powerboats for a greener future on the water.
Impact - Why it Matters
This partnership between Vision Marine Technologies and Nimbus Boats USA signifies a major step forward in the marine industry's shift towards sustainable and high-performance boating solutions. By expanding its product portfolio to include Nimbus's adventure-style boats, Vision Marine is not only strengthening its position in Florida's lucrative boating market but also offering consumers more eco-friendly and innovative options. This move reflects the growing demand for electric propulsion systems and adventure-style boats, highlighting the industry's evolution towards sustainability and performance. For boat enthusiasts and investors alike, this news underscores the potential for growth and innovation in the marine sector, making it a pivotal development to watch.
Summary
Vision Marine Technologies Inc. (NASDAQ: VMAR), a pioneer in electric propulsion systems for the marine industry, has announced a strategic partnership through its subsidiary, Nautical Ventures, with Nimbus Boats USA. This collaboration grants Nautical Ventures the exclusive rights to distribute Nimbus powerboats on Florida's West Coast, marking a significant expansion of Vision Marine's product offerings and reinforcing its footprint in Florida's booming boating market. The deal, set to be finalized by March 31, 2026, will enable Nautical Ventures to sell and service Nimbus's Tender, Commuter, Weekender, and Coupe series starting August 1, 2025. This move is poised to capitalize on the growing demand for adventure-style boats in the largest U.S. market for new powerboats, which saw $6.4 billion in sales in 2023. Vision Marine's acquisition of Nautical Ventures in June 2025 has already positioned it as North America's first electric boat propulsion and multi-brand retail company, offering both traditional and electric propulsion solutions to meet the evolving needs of recreational boaters.
For more details on this groundbreaking partnership, visit the full press release at https://ibn.fm/tztnm. Vision Marine Technologies continues to lead the charge in transforming the marine industry with its innovative E-Motion(TM) 180E electric outboard system, further solidifying its commitment to sustainable and high-performance boating solutions.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Vision Marine Expands with Nimbus Boats USA Deal in Florida
