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The latest announcement is out from Vision Marine Technologies ( (VMAR) ).
Vision Marine Technologies has successfully secured over US$11.7 million through an at-the-market offering, which will be used for general corporate purposes and strategic acquisitions. This capital will allow Vision Marine to enhance its technological capabilities, expand its market presence, and capitalize on the growing demand for sustainable boating solutions, reinforcing its leadership in the electric marine propulsion sector.
More about Vision Marine Technologies
Vision Marine Technologies, Inc. (NASDAQ: VMAR) is a leading company in the marine industry, specializing in electric marine propulsion systems. It is known for its E-Motion™ outboard powertrain system, which combines advanced battery technology, high-efficiency motors, proprietary software, and innovative assembly techniques to promote sustainable, electric-powered recreational boating.
YTD Price Performance: 0.66%
Average Trading Volume: 907,330
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.33M
See more data about VMAR stock on TipRanks’ Stock Analysis page.
