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Can MVST's Dive Into Electric Boats Create Waves in Its Top Line?
ZACKS· 2025-07-09 17:26
Core Insights - Microvast Holdings (MVST) is diversifying into the electric boat market through a partnership with Evoy, positioning itself to capitalize on the growing trend of transportation electrification [1][8] - The electric boat market is projected to grow at a CAGR of 10.5% from 2025 to 2030, driven by the focus on carbon emission reduction and sustainable marine transport [1] Company Developments - The collaboration with Evoy marks MVST's entry into the electric boat segment and expands Evoy's battery options, featuring the MV-I high-power battery with an energy density of 180 Wh/kg [2][8] - This partnership allows MVST to establish a presence in the leisure boat segment and enter the European marine market, as well as expose itself to the $160 billion commercial vessel segment, where fast-charging solutions are crucial [3] Financial Performance - Microvast's revenues increased by 23.9% year over year in 2024, primarily due to a 41.6% rise in sales volume from 1,139.6 MWh in 2023 to 1,613.6 MWh in 2024 [4][8] - The company's ability to enhance sales volume, combined with the potential in the marine electrification market, suggests that its strategic entry into the electric boat segment will drive continued revenue growth [5] Market Performance - MVST's stock has surged by 770.6% over the past year, significantly outperforming competitors and the industry, which has seen a rally of 45.8% [6] - In the last six months, MVST stock gained 48.9%, surpassing the industry's 8.8% increase [10] Valuation Metrics - MVST trades at a forward price-to-earnings ratio of 18.93, which is below the industry's ratio of 23.15 [10] - The Zacks Consensus Estimate for MVST's earnings is set at 13 cents per share, compared to a loss of 27 cents per share a year ago [12]
Brunswick Corporation Schedules 2025 Second Quarter Earnings Conference Call
Globenewswire· 2025-07-09 14:04
Core Viewpoint - Brunswick Corporation is set to release its 2025 second quarter financial results on July 24, 2025, before market opening, with full results available on its website and the SEC's site [1][2]. Financial Results Announcement - The financial results will be disclosed through an advisory release, with a complete text available on the Company's website [1]. - A conference call will be held on July 24, 2025, at 10 a.m. CT/11 a.m. ET, hosted by key executives including the CEO and CFO [2]. - The presentation for the conference call will be accessible at the time of the results release [2]. Accessing the Conference Call - The conference call can be accessed via telephone or webcast, with specific numbers provided for participants [3][4]. - A replay of the conference call will be available until July 31, 2025, through designated phone numbers and the Company's investor website [4]. Company Overview - Brunswick Corporation is a leader in marine recreation, focusing on innovation and technology-driven solutions [5]. - The Company operates over 60 industry-leading brands in marine propulsion, parts, accessories, and boat manufacturing [5]. - Brunswick has approximately 14,500 employees across 26 countries and has received multiple awards for its workplace culture and industry leadership [5].
Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School
Globenewswire· 2025-07-09 12:15
Core Insights - Ocean Power Technologies, Inc. has successfully installed its PowerBuoy system for the Naval Postgraduate School, integrating AT&T 5G technology for enhanced Maritime Domain Awareness [1][2][3] Group 1: Technology and Innovation - The PowerBuoy system is equipped with advanced subsea sensors and the proprietary Merrows™ suite, designed for AI-capable integration across various platforms [2][5] - This deployment allows for continuous, autonomous monitoring and data collection in strategically significant maritime regions [2][3] Group 2: Strategic Partnerships - The collaboration with AT&T highlights the potential of PowerBuoys to function as 5G communication nodes along the U.S. coastline, supporting national defense and maritime security [4][5] - AT&T's involvement emphasizes the modernization of network infrastructure to support future technologies in naval platforms [4] Group 3: Business Growth and Market Position - The installation marks a significant milestone in the execution of the company's strategic plan to provide advanced offshore infrastructure for defense, security, and research missions [3][4] - The demand for rapidly deployable maritime systems is expected to accelerate the growth of the company's services business [4]
BRP to Sell its Manitou Business to the Marcott Family
Prnewswire· 2025-07-08 14:00
Core Viewpoint - BRP Inc. has entered into a definitive agreement for the Marcott family to acquire Manitou assets in Lansing, Michigan, as part of BRP's strategy to divest its Marine businesses and focus on core Powersports activities, aiming for long-term success [1][2]. Group 1: Transaction Details - The transaction is expected to close during BRP's third quarter of Fiscal 2026, with both BRP and the Marcott family collaborating to ensure a smooth transition [2]. - The Marcott family, with a strong background in the pontoon industry, is committed to maintaining the Manitou brand's reputation for performance, quality, and service [2]. Group 2: Background and Context - This announcement follows the sale of Alumacraft, which was finalized in the second quarter of BRP's Fiscal 2026, and an agreement for the sale of the Telwater business, pending customary closing conditions [3]. - BRP is a global leader in powersports products, with annual sales of CA$7.8 billion and a workforce of approximately 16,500 as of January 31, 2025 [5].
Garmin launches the Force Current kayak trolling motor with unrivaled maneuverability
Prnewswire· 2025-07-08 10:57
Core Viewpoint - Garmin has launched the Force Current, a hands-free kayak trolling motor that enhances the fishing experience by allowing anglers to control their kayak without needing to set down their fishing rod [1][3]. Product Features - The Force Current features a brushless motor designed specifically for kayak fishing, providing full forward and reverse thrust for easy navigation in various environments [1][5]. - It includes two prop options: a high-efficiency prop for extended battery life and a weedless prop for navigating through aquatic vegetation [5]. - The motor delivers 50 pounds of thrust with 24V power and 30 pounds with 12V power, enabling anglers to move efficiently throughout the day [8]. Technology and Innovation - The trolling motor incorporates a wireless throttle and steering control system, allowing for hands-free operation [2][3]. - It offers wireless integration with chartplotters, enabling anglers to create routes and control various functions such as steering and anchor lock [8]. - The product features smart anchor lock technology with multi-band GPS to maintain position in challenging conditions [8]. Market Position and Pricing - Kayak fishing is identified as one of the fastest-growing segments in recreational fishing, prompting Garmin to expand its Force trolling motor lineup [3]. - The Force Current will be available for a suggested retail price of $3,599.99 with foot pedals or $2,999.99 without [5]. Company Background - Garmin is recognized as the world's largest marine electronics manufacturer and has been named Manufacturer of the Year by the National Marine Electronics Association for ten consecutive years [6].
推动“土特产”产业化丨市委书记抓乡村振兴(2025.06.30-07.06)
Nan Fang Nong Cun Bao· 2025-07-08 06:30
推动"土特产"产 业化丨市委书记 抓乡村振兴 (2025.06.30- 07.06)_南方+_ 南方plus 本文收录于专辑 0:00 / 1:00 6月30日-7月6 日,佛山推动与 黔东南州在产 业、消费、劳 务、民生等领域 深化协作,助力 黔东南乡村全面 振兴。河源强调 抓好农村生活污 水治理,办好民 生实事。梅州提 出做强农业、做 活文旅,推进新 型城镇化建设和 农村"三块地"改 革。汕尾要求提 升村庄规划建设 水平,推广"微 改造、精提 升",发展农文 旅新业态。中山 强调加快农业产 业平台建设,推 动农业现代化和 海洋经济发展。 江门提出发展深 远海养殖,打造 特色产业链,构 建现代海洋产业 体系。阳江指出 要高标准推进西 海岸滨海风光示 范区建设,推动 文旅与滨海风貌 融合。茂名强调 发展特色产业, 提速建设农业农 村现代化改革创 新实验区。潮州 提出守住"两条 底线",发力农 产品加工,推进 城乡建设和改 革。 佛山市委书记唐 屹峰: 推动"黔货出 山""粤客游黔" 6月30日至7月1 日,佛山市委书 记唐屹峰率佛山 市党政代表团赴 黔东南州考察。 他表示,希望佛 山与黔东南携手 强化产业协作 ...
EMGS – Vessel activity and multi-client sales update for the second quarter 2025
Globenewswire· 2025-07-07 16:00
Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate. At the end of the second quarter 2025 t ...
Kirby (KEX) Earnings Call Presentation
2025-07-02 11:49
Investor Presentation NYSE: KEX May 2025 Forward Looking Statements Non-GAAP Financial Measures Statements contained in this presentation with respect to the future are forward-looking statements. These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including adverse economic conditions, industry competition and other co ...
Kraken Robotics Inc. Files Final Short Form Prospectus in connection with its Bought Deal Public Offering
Globenewswire· 2025-06-30 18:24
Core Viewpoint - Kraken Robotics Inc. has filed a final short form prospectus for a bought deal public offering of common shares at a price of $2.66 per share, aiming for gross proceeds of $100,016,000 [1][2]. Group 1: Offering Details - The offering will be conducted in all provinces of Canada except Quebec and may also be offered in the United States on a private placement basis [1]. - The underwriters, led by Desjardins Capital Markets, have an option to purchase an additional 15% of the common shares for market stabilization purposes [1]. - The expected closing date for the offering is around July 7, 2025, with conditional approval from the TSX Venture Exchange [2]. Group 2: Company Overview - Kraken Robotics Inc. is a marine technology company specializing in subsea sensors, batteries, and robotic systems, providing high-resolution 3D acoustic imaging solutions [5]. - The company is headquartered in Canada and has a presence in North and South America as well as Europe, recognized as a Top 100 marine technology company by Marine Technology Reporter [5].
种苗赋能“百千万工程”!广东现代化海洋牧场种业建设跑出加速度
Nan Fang Nong Cun Bao· 2025-06-30 02:00
种苗赋能"百千 万工程"!广东 现代化海洋牧场 种业建设跑出加 速度_南方+_南 方plus "作为海洋渔业 大省,广东始终 走在国内种业创 新发展的前列, 现在正全力打造 现代化海洋牧场 南方种业创新基 地。"6月28日, 广东省现代化海 洋牧场适养品种 核心技术攻关项 目"百万种苗"助 力"百千万工 程"暨2025年中 央农业生态资源 保护资金增殖放 流现场活动在广 东省农业技术推 广中心大亚湾基 地举行。据悉, 此次活动在主会 场以及分会场同 步进行,当天共 送出534.4万尾 苗种,包括黄金 鲹、蓝圆鲹等热 门品种。 6月28日,活动在大亚湾主会场开幕 "百万"苗种车队整装待发 "今天举办的'百 万种苗'赠送活 动,既是各团队 科研攻关重要成 果生动展示,也 是科研攻关助 力'百千万工 程'的生动实 践。"为加速现 代化海洋牧场种 业建设,广东已 形成一套行之有 效的"组合拳" , 借助种苗赠送、 技术推广、产业 对接等多种方 式,搭建产学研 合作桥梁,促进 政科企协同创 新,推动科技创 新与产业创新紧 密融合,为广东 省渔业高质量发 展、"百千万工 程"实现三年初 见成效奠定坚实 基础。 科研团队成 ...