Vision Marine partners with Nautical Ventures to offer a 100% recyclable boat
by Vision Marine Technologies 18 Oct 2022 10:22 PDT
The Phantom © Vision Marine
Vision Marine Technologies (NASDAQ: VMAR) ("Vision Marine" or the "Company"), leader and innovator in the electric recreational boating industry, has formed a partnership with Nautical Ventures Group as its sole and exclusive distributor of a fully recyclable rotomolded plastic boat (the "Phantom") for the state of Florida, and a non-exclusive distributor dealership agreement for the United States.
This agreement includes Nautical Ventures' agreement to purchase a minimum of 50 Phantoms in the first year with a retail value of $1.5 million.
Vision Marine's quest to innovate and decrease emissions by using recyclable materials has brought to market a new disruptive product: a fully recyclable plastic boat called The Phantom.
Vision Marine's designers and manufacturing team make use of recyclable polyethylene plastics in its roto molding process in order to produce a lightweight, unsinkable, and indestructible hull that can comfortably accommodate a crew of 10 and can handle any outboard motor of 50 H.P. or less.
The Phantom is USCG, CCG, and C.E. certified.
- An extensive array of colors and styles
The Phantom's plastic alloy provides various colors and new phosphorus-glowing materials.
- Unsinkable
The Phantom's durable plastic composition is made to last and requires minimal maintenance. Its buoyancy is achieved by way of positive floatation Styrofoam insertions through the hull.
- Durable and lightweight
The lightweight hull is purposefully adapted for electric propulsion and easy hauling. The Phantom is 30% lighter than its fiberglass counterpart.
- Self-Bailing
The Phantom is a self-bailing boat which allows water to be expelled automatically.
"We have been active marketing partners with Vision Marine since 2018, having carried its electric boat line," stated Roger Moore, CEO of Nautical Ventures Group. "Alex Mongeon and his team are always on the cutting edge of innovation, and we embrace this new partnership going forward."