Vision Marine Technologies, Inc. stock rose 108.78% in premarket trading. The pioneer in electric marine propulsion, announces its strategic alliance with ePropulsion to empower the groundbreaking Phantom Boat, crafted from innovative plastic rotomolding technology.

Following its debut at the Miami International Boat Show, the Phantom is set to showcase a customized electric ePropulsion system. In this partnership, the Phantom will be available through select ePropulsion dealers, both on request and by recommendation across its dealer network.

For over a decade, Vision Marine Electric Boats has relied on ePropulsion for its cutting-edge low-voltage boat propulsion solutions across its product line and to energize its rental boat fleet. This enduring collaboration underscores Vision Marine's commitment to quality and the dependability of ePropulsion's equipment, which has powered over 385,000 boaters in demanding rental environments worldwide.

"At ePropulsion, we're delighted to continue growing our relationship with Vision Marine," said Tom Watson, President of ePropulsion Americas. "Our collaboration on the innovative Phantom marks an exciting new chapter in our partnership, and we're excited to help provide customers with a comprehensive, zero-emission boating solution."

This partnership will offer a comprehensive package for Vision Marine's new Phantom rotomolded boat, blending avant-garde design with proven propulsion technology. Equipped with the 6kW Navy 6.0 Evo system, the Phantom ensures consumers a reliable and high-performance solution. The new X series will also be available on the Volt, a fiberglass sister vessel to the Phantom. The phantom and Vision Marine Electric boats are available visionelectricboats.com.

"ePropulsion emerges as the ideal partner with its extensive expertise in electric propulsion," remarked Alexandre Mongeon, CEO of Vision Marine. "Vision Marine now presents a tested and dependable solution seamlessly integrated into the Phantom, ensuring outstanding performance. With a low-voltage system powering a fully plastic boat, this partnership offers an effortless and efficient solution for our clientele."

Aiming to provide a zero-emission boating experience to a broad audience and democratize access to electric boating, the extensive distribution network of ePropulsion, combined with its proven reliability in electric propulsion, will notably bolster the Phantom's exposure to consumers. This partnership marks the inaugural integration of a low voltage ePropulsion powertrain into such a product, showcasing over 100,000 hours of proven performance.