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Vision Marine Technologies Inc
Symbol VMAR
Shares Issued 2,073,028
Close 2026-05-19 C$ 1.40
Market Cap C$ 2,902,239
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Vision Marine submits 16th U.S. patent application

2026-05-21 18:58 ET - News Release

Mr. Alexandre Mongeon reports

VISION MARINE TECHNOLOGIES FILES 16TH U.S. PATENT APPLICATION COVERING ELECTRONIC REVERSE-THRUST ARCHITECTURE FOR ELECTRIC OUTBOARDS

Vision Marine Technologies Inc. has filed its 16th U.S. patent application, further expanding its intellectual property portfolio supporting the E-Motion high-voltage electric marine propulsion system.

The newly filed patent application focuses on an electronic reverse-thrust architecture for electric marine outboards, enabling propulsion direction to be controlled electronically through motor rotation rather than through traditional mechanical shifting systems commonly used in combustion-powered outboards.

The application is designed around one of the inherent advantages of electric propulsion: reducing mechanical dependency while maintaining compatibility with established lower-unit marine architectures. By managing directional control electronically, the system is intended to simplify integration, reduce moving components, and support long-term durability and serviceability.

Vision Marine believes this approach represents another step toward making high-voltage electric propulsion more practical and scalable for manufacturers, dealers, service providers and consumers.

"This filing reflects one of the practical engineering advantages that electric propulsion enables," said Daniel Rathe, chief technology officer of Vision Marine. "Because an electric motor can reverse direction electronically, certain mechanical systems originally required for combustion engines can be reduced or eliminated. Electronic directional control creates opportunities to simplify traditional marine architectures while maintaining the reliability and usability standards expected by boaters."

The filing expands Vision Marine's broader intellectual property strategy surrounding its E-Motion platform, and complements existing developments across propulsion controls, drivetrain integration, software architecture, cooling systems, energy management and marine system communication, all engineered specifically for marine applications.

"This patent application reflects our philosophy of building technology that delivers practical value and supports broader adoption," said Alexandre Mongeon, chief executive officer of Vision Marine. "Our objective is not simply to electrify boats. It is to engineer solutions that reduce complexity, improve the ownership experience and create scalable pathways for manufacturers and consumers. Each advancement in our intellectual property portfolio strengthens the strategic foundation we are building across technology, retail and service."

Vision Marine believes practical innovation and integration simplicity may become increasingly important drivers in accelerating the adoption of electric propulsion across recreational marine markets. Through its combination of proprietary technology and direct consumer access via Nautical Ventures, the company continues to develop a platform designed to shorten adoption cycles and improve customer experience.

With 16 patent applications filed to date, Vision Marine continues to strengthen its position as a purpose-built marine technology company focused on developing high-voltage electric propulsion solutions engineered specifically for marine environments. The company believes its integrated approach, combining innovation, retail distribution, service capabilities and customer access, creates a differentiated foundation to support long-term growth and broader market awareness.

About Vision Marine Technologies Inc.

Vision Marine Technologies is a company specializing in high-voltage marine propulsion and a vertically integrated multibrand boat retail and service platform. Through its proprietary E-Motion electric propulsion technology and its ownership of Nautical Ventures, an award-winning marine dealership network with eight locations across Florida, Vision Marine combines advanced marine engineering, intellectual property development and direct-to-consumer market access.

The company's integrated platform spans propulsion technology, boat manufacturing partnerships, retail distribution and after sales service, enabling scalable deployment across both electric and internal combustion engine (ICE) segments. Vision Marine continues to focus on enhancing the overall boating experience through marine-specific innovation, operational execution and customer engagement.

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