Vision Marine Technologies Receives Initial E-Motion Propulsion System Purchase Order from Groupe Beneteau
Retrieved on:
Thursday, December 15, 2022
MONTREAL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global leader and innovator within the performance electric recreational boating industry, has received an initial purchase order from Groupe Beneteau (BEN-Euronext) (“Beneteau”) of 25 E-Motion™ 180E outboard and powertrain systems.
Key Points:
- MONTREAL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global leader and innovator within the performance electric recreational boating industry, has received an initial purchase order from Groupe Beneteau (BEN-Euronext) (“Beneteau”) of 25 E-Motion™ 180E outboard and powertrain systems.
- In addition, at the beginning of each month, Beneteau will provide Vision Marine a quarterly rolling forecast, which shall include additional quantities through a purchase order for the outboard and powertrain systems.
- The commitment from Beneteau commenced by entering into a formal Supplier Agreement with Vision Marine, which was announced on December 13, 2022.
- With this initial purchase order, Beneteau will provide an eco-responsible alternative propulsion solution to its consumers.