🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Vision Marine seeks patent for electric boat cooling tech

EditorEmilio Ghigini
Published 01/05/2024, 13:00
Updated 01/05/2024, 13:02
VMAR
-

On Wednesday, Vision Marine Technologies Inc. (NASDAQ:VMAR) announced its submission of a patent application for a novel method and apparatus designed to control the cooling water system of electric marine vessels. This technological advancement aims to address the particular challenges faced when operating electric propulsion systems within marine environments.

The patent application is a response to the evolving battery technologies that are enabling the shift towards fully electric watercraft. Vision Marine's Chief Technology Officer, Xavier Montagne, highlighted the importance of cooling efficiency, which is achieved through a combination of specialized mechanical equipment and advanced software control. The company's extensive experience in hot weather conditions has provided valuable data that informed this development.

Vision Marine's E-Motion™ Powertrain system, which features an exceptional battery cooling system and motor, has been recognized for its performance and safety. CEO Alexandre Mongeon emphasized that this innovation has positioned the company as a leader in the high-power outboard motor segment. The E-Motion™ System's capabilities are a testament to the company's focus on technological innovation.

The company's efforts to pioneer the electric boating industry are further underscored by its commitment to sustainability. Vision Marine is dedicated to enhancing the performance of electric marine vessels while also reducing their environmental footprint. The patent-pending technology is part of Vision Marine's strategy to continue leading in electric marine propulsion technology.

In addition to this announcement, Vision Marine Technologies will be participating as a sponsor at the American Boating Congress 2024, which is scheduled to take place from May 8-10 at the InterContinental-The Wharf in Washington, DC. The event is a significant gathering of leaders from various sectors within the recreational boating and fishing industries, focusing on shaping policy decisions relevant to the sector.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.