Core Insights - Vision Marine Technologies is experiencing strong commercial demand for electric boats, which is significantly influencing its production commitments for 2026 [1][2][7] Commercial Demand and Production Commitments - As of March 2026, Vision Marine has substantially committed its electric boat production for 2026 based on existing commercial and retail agreements, with commercial fleet operators making up a significant portion of this allocation [2] - The company has observed increasing commercial activity from operators in various locations, including Florida, California, Virginia, Michigan, and international markets like Melbourne, Australia, indicating a shift towards recurring procurement in the commercial segment [3][4] Adoption of Electric Boats - Commercial operators are increasingly adopting electric boats due to operational benefits such as simplified maintenance, improved uptime, and ease of use in high-utilization environments, which supports recurring demand and enhances consumer awareness of electric boating [5][6] - The integration of electric boats into commercial fleets allows customers to experience the advantages of electric boating firsthand, contributing to broader market adoption [6] Retail and Service Expansion - The integration of Nautical Ventures has expanded Vision Marine's retail and service presence across Florida, enhancing its dealership network and market access in both eastern and western United States [6] - This expanded distribution capability supports both commercial fleet customers and consumer demand, facilitating continued market development [7] Technological Development - Vision Marine has developed the E-Motion™ 180E high-voltage electric propulsion system, which enables commercial operators to access higher-performance electric vessels suitable for revenue-generating applications [8]

As filed with the United States Securities and Exchange Commission on December 15, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 Amendment No. 1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VISION MARINE TECHNOLOGIES INC. (Exact name of registrant as specified in its charter) Québec 3730 N/A (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification Number) 730 Boul ...

Core Insights - Vision Marine Technologies Inc. announced milestone activations for the 2025 Fort Lauderdale International Boat Show (FLIBS) [1] - The company will operate a VIP shuttle service using its electric boats [1] - A reimagined AquaZone™ has been developed in collaboration with AquaBanas and Informa Markets [1] - FLIBS is the largest in-water boat show in the United States, attracting over 100,000 visitors annually [1]