Vision Marine and Armada partner to produce an innovative electric pontoon for NA's regulated lakes
by Vision Marine Technologies 8 Dec 2024 12:35 PST
Vision Marine and Armada Partner to produce an Innovative Electric Pontoon for North America's regulated lakes © Vision Marine Technologies
Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq: VMAR), a pioneer in electric marine propulsion, has announced a strategic partnership with Armada Pontoons, a renowned manufacturer of high-quality pontoon boats based in Quebec, Canada. This collaboration introduces a new electric pontoon boat designed to meet the growing demand for eco-friendly, regulation-compliant, and competitively priced boating solutions for North America's vast network of lakes.
Many lakes across North America, particularly in states like Georgia, North Carolina, Ohio, and Pennsylvania, have implemented restrictions that allow only electric motors to protect ecosystems and reduce pollution. While comprehensive data on the total number of waterways with such regulations is unavailable, the scale of the opportunity is clear. With approximately 479,950 lakes and reservoirs in the contiguous United States and over 3 million lakes in Canada, pontoons—celebrated for their versatility and stability—remain one of the fastest-growing segments in the marine industry. This electric pontoon is uniquely positioned to address growing demand, offering families an eco-friendly and seamless on-water experience tailored for these regulated environments.
"This pontoon represents a new opportunity for families and boaters who've long sought a turn-key, regulation-friendly solution without compromising on quality or ease of use," said Alexandre Mongeon, CEO of Vision Marine. "Our collaboration with Armada Pontoons has allowed us to create something truly special—an electric pontoon boat that's easy to own, operate, and love."
Armada Pontoons, based in Victoriaville, Quebec, brings decades of expertise in manufacturing durable, high-quality pontoons to the project. "This partnership reflects our shared dedication to delivering practical and innovative boating solutions," said Mathieu Gardner, President of Armada Pontoons.
The new pontoon will be showcased at major boat shows throughout 2025, including events in Florida, California, Montreal, and Toronto. These events provide an excellent opportunity for boating enthusiasts, investors, and dealers to see the boat firsthand. Vision Marine invites attendees to participate in sea trials, place pre-orders, and connect with mp@v-mti.com for partnership opportunities or early orders. Don't miss the chance to be among the first to explore this innovative design.
This eco-friendly pontoon is not only ideal for restricted waters but also aligns with broader efforts to reduce emissions and noise pollution. With increasing federal and state incentives available for electric boating, such as grants and subsidies for sustainable transportation, it presents a compelling option for sustainability-focused investors and environmentally conscious consumers.