Connect with us

Technology

Vision Marine Technologies Announces Next Phase of Its Marine Technology Strategy

Published

on

Company plans to leverage its integrated operating platform to support technology development, commercialization and long-term growth.

BOISBRIAND, QC, July 21, 2026 /PRNewswire/ — Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) (“Vision Marine” or the “Company”), a marine technology company combining proprietary high-voltage electric propulsion technology with an integrated marine retail, marina and service platform through Nautical Ventures, today announced the next phase of its long-term strategy to advance and commercialize marine technologies through its operating platform.

The initiative establishes a framework through which Vision Marine intends to pursue internal development, technology partnerships and selected strategic opportunities, which may include mergers or acquisitions, that complement its existing capabilities and relate to the recreational boating industry.

The initiative builds upon the strategy presented by Vision Marine in May 2026: connecting proprietary marine technology with direct retail distribution, vessel integration capabilities, marina infrastructure, service operations and established customer relationships.

Over the past year, Vision Marine has integrated and expanded the Nautical Ventures platform, commercially launched and begun customer deliveries of its E-Motion™ 180 high-voltage electric propulsion system, expanded its intellectual property portfolio, continued optimizing its real estate and operating structure, and completed its previously announced at-the-market equity offering program. As previously disclosed, the Company currently has no active ATM program.

As previously disclosed, net cash provided by operating activities totaled approximately US$2.4 million for the nine-month period ended May 31, 2026. This result was supported by working-capital management, including the reduction and monetization of inventory. Management believes this reflects its focus on operational discipline and capital efficiency. Net cash provided by operating activities is distinct from net income and should not be interpreted as profitability.

The Company intends to use its existing customer relationships, distribution channels and service infrastructure to evaluate and, where appropriate, commercialize complementary marine technologies.

By combining technology development and vessel integration with retail distribution, marina operations, service, rentals and direct customer engagement, Vision Marine intends to evaluate whether new technologies can be introduced and supported through its existing operations. Any such initiatives will remain subject to customer demand, technical development and integration requirements, operating costs, financing availability, market conditions, regulatory approvals and disciplined capital allocation. There can be no assurance that these initiatives will result in commercialization, additional revenue or anticipated financial benefits.

“We are not beginning from a concept. We are expanding from a platform that is already in operation,” said Alexandre Mongeon, Chief Executive Officer of Vision Marine. “Vision Marine now connects proprietary technology with vessel integration, retail distribution, marina infrastructure, service capabilities and direct customer access. Our objective is to use these capabilities to evaluate and, where appropriate, support the development and commercialization of complementary marine technologies.”

“Proprietary electric propulsion remains central to Vision Marine’s technology strategy,” continued Mongeon. “We intend to evaluate complementary technologies that could improve vessel integration, energy management, connectivity, serviceability and the overall ownership experience. Our objective is to strengthen our marine technology platform through internal development, strategic partnerships and carefully selected strategic opportunities, while maintaining disciplined capital allocation.”

Vision Marine intends to prioritize initiatives that it believes complement its existing platform and may provide commercial value. In evaluating potential opportunities, the Company will consider expected costs, technical and operational requirements, financing needs, integration risks and potential financial benefits. There can be no assurance that any initiative will expand recurring revenue, improve margins or strengthen cash generation.

This announcement does not constitute the announcement of any acquisition, merger or definitive transaction. There can be no assurance that any evaluation or discussion will result in a completed transaction. Any material transaction will be disclosed in accordance with applicable securities laws and the requirements of Nasdaq and the TSX Venture Exchange.

About Vision Marine Technologies Inc.

Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology company specializing in high-voltage electric propulsion systems and recreational boating solutions. Its E-Motion™ electric powertrain technology is designed to provide a marine-specific, integration-ready propulsion solution for boat manufacturers. Through Nautical Ventures, Vision Marine also operates an integrated marine retail, marina, service and rental platform supporting both electric and internal-combustion recreational boating. For more information, visit visionmarinetechnologies.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, without limitation, statements regarding Vision Marine’s business strategy; the advancement and commercialization of marine technologies; internal development initiatives; potential technology partnerships, investments, mergers, acquisitions and other strategic opportunities; the anticipated use and potential benefits of the Company’s operating platform; the introduction and commercialization of complementary technologies; the potential expansion of recurring revenue; potential improvements in margins and cash generation; and the Company’s capital allocation priorities and long-term growth objectives.

Forward-looking statements can often be identified by words such as “expects,” “plans,” “believes,” “intends,” “anticipates,” “continues,” “estimates,” “projects,” “potential,” “opportunity,” “may,” “could,” “would,” “will” and similar expressions or variations of such words and phrases.

These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. These factors include, without limitation, the Company’s ability to execute its business strategy; identify, negotiate, finance, complete and integrate potential strategic transactions; develop and commercialize new technologies; generate market acceptance for its products and services; improve operating performance and achieve profitability; manage liquidity, inventory and floor-plan financing requirements; realize anticipated benefits from the integration of Nautical Ventures; maintain relationships with manufacturers, suppliers and commercial partners; protect its intellectual property; comply with applicable regulatory and listing requirements; and respond to competition, economic conditions, capital-market volatility, supply-chain disruptions and changes affecting the recreational marine industry.

Additional risks and uncertainties are described in the Company’s Annual Report on Form 20-F, as amended, for the year ended August 31, 2025, and in its subsequent filings with the U.S. Securities and Exchange Commission and on SEDAR+. Readers should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Vision Marine undertakes no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vision-marine-technologies-announces-next-phase-of-its-marine-technology-strategy-302831148.html

SOURCE Vision Marine Technologies, Inc

Continue Reading

Technology

Notice of Data Event

Published

on

By

EAST LONGMEADOW, Mass., Nov. 2, 2026 /PRNewswire/ — Magnolia Management Company, LLC (“Magnolia”) is providing notice of a recent data privacy event that may have affected limited protected health information for certain individuals. On April 3, 2026, Magnolia became aware of unauthorized activity in one employee email account. Upon discovery, Magnolia took immediate action to secure its email environment and investigate the scope of the event, including hiring a third-party forensic investigation firm. Following a thorough review, Magnolia confirmed that a limited amount of information may have been accessed by an unauthorized individual. Magnolia undertook a comprehensive review of the impacted data to identify what type of information was contained therein, and to whom that information belonged. On August 10, 2026, that review was completed.

In response to this event, Magnolia also implemented additional technical safeguards to further enhance the security of information in its possession and with the aim of preventing similar events from happening in the future. While there is no evidence of actual or attempted misuse of any information as a result of this event, Magnolia will be providing impacted individuals with access to complimentary credit monitoring and identity protection services.

Magnolia takes the confidentiality of information in its care very seriously and regrets any inconvenience or concern caused by this event. If you have any questions, please call our dedicated assistance line at 833-918-4065, Monday – Friday, 8 am – 8 pm CT, excluding major U.S. holidays.

Individuals are encouraged to remain vigilant against events of identity theft by reviewing credit reports, account statements, and explanation of benefits forms for suspicious activity and to detect errors.

Individuals may place a fraud alert or credit freeze by contacting the credit reporting agencies: TransUnion 1-800-680-7289, P.O. Box 2000 Chester, PA 19016, transunion.com; Experian 1-888-397-3742, P.O. Box 9554 Allen, TX 75013, experian.com; Equifax 1-888-298-0045, P.O. Box 105069 Atlanta, GA 30348, equifax.com.

Individuals can further educate themselves regarding identity theft, fraud alerts, credit freezes, and steps to protect their personal information by contacting the credit reporting bureaus, the Federal Trade Commission, or their state attorney general. The FTC may be reached at 600 Pennsylvania Ave. NW, Washington, D.C. 20580; www.identitytheft.gov; 1-877-ID-THEFT (1- 877-438-4338); and TTY: 1-866-653-4261. Instances of known or suspected identity theft should also be reported to law enforcement, your state attorney general, and the FTC.

View original content:https://www.prnewswire.com/news-releases/notice-of-data-event-302927076.html

SOURCE Magnolia Management Company, LLC

Continue Reading

Technology

Arrowpoint Investment Partners Selects Arcesium to Scale Asia-Focused Multi-Strategy Platform

Published

on

By

Asia-focused multi-strategy investment firm uses Arcesium’s Opterra™ investment lifecycle management platform to efficiently scale complex multi-manager, multi-asset strategies  

SINGAPORE, Nov. 3, 2026 /PRNewswire/ — Arrowpoint Investment Partners (“Arrowpoint”), an investment firm building an Asia-focused, multi-strategy platform, today announced that it has partnered with Arcesium, a leading global financial technology provider to the investment industry. Arrowpoint is leveraging Arcesium’s intelligent data management and operational platform, Opterra, along with its industry expertise and managed services, to scale its sophisticated, multi-asset investment strategies. Equipped with industry-leading technology, Arrowpoint is able to onboard new managers quickly and drive competitive edge across multiple asset classes and investment strategies as the platform scales.

“Using Arcesium’s technology and operational platform enables us to achieve efficient and scalable growth through our Asia-focused strategy,” said Woon Young Jeong, Chief Operating Officer of Arrowpoint. “The company’s pedigree of working with large multi-strategy firms, its managed services’ global coverage, and its intelligent technology made it the right partner to support our goals. Arcesium’s deep capabilities within the hedge fund ecosystem mean our portfolio managers can quickly deploy and scale new strategies, supported by operational infrastructure capable of matching our growth ambitions.”

Founded in 2024 by a former Millennium Asia co-CEO, the Singapore-headquartered firm manages $2 billion in funds, has a presence in Hong Kong and Dubai, and oversees 24 portfolio managers across Asia and the Middle East. As Arrowpoint grows and manages investment activity across multiple asset classes, the firm’s priority was to find an agile technology partner that meets rapid workflows and processes, while harmonizing large volumes of data.

Chris Barrow, Head of Revenue for EMEA & APAC at Arcesium, commented on the announcement: “We are delighted to partner with Arrowpoint as one of the most sophisticated and high-profile launches we’ve seen in Asia. Since opening the Arcesium office in Hong Kong earlier this year and expanding our presence in the region, we are quickly gaining momentum with other hedge funds and asset managers and are tapping into the vibrant market interest in Hong Kong and Singapore. Partnering with such a high-caliber client like Arrowpoint is a key milestone and we look forward to enabling the firm to scale in new directions with the support of our technology and managed services.”

Arcesium’s Opterra is a front-to-back investment lifecycle management platform that fits the unique operating environments of hedge funds, enabling optimized capital efficiency, increased productivity, and reduced operational risk. This partnership underscores Arcesium’s continued momentum in the APAC region as more firms look to modernize their technology infrastructure and scale with confidence.

ENDS

About Arcesium:

Arcesium© is a global financial technology company delivering front-to-back technology solutions for some of the world’s most sophisticated financial institutions, including hedge funds, asset managers, private markets, sell side, and digital assets firms. Expertly designed to achieve a synchronized golden source of data throughout a client’s ecosystem, Arcesium’s cloud-native technology is built to systematize the most complex workflows and help clients achieve scale.

Today, Arcesium services over $6.7T in gross AUM and over $1.2T in sell-side capital balances and has modelled over 178 million investments to date. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Multi-Asset Investing. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle. Arcesium currently has a staff of over 2,600 software engineering, accounting, operations, and treasury professionals.

For more information about Arcesium and its capabilities, visit www.arcesium.com and follow the firm on LinkedIn.

 
About Arrowpoint Investment Partners:

Arrowpoint is an investment firm building a differentiated Asia-focused, multi-strategy platform. Learn more at https://arrowpointfund.com/

Arcesium Media Contact:

Ivy Gitarts
Aspectus Group
Ivy.Gitarts@aspectusgroup.com
 

Arrowpoint Investment Partners Media Contact:
media@arrowpointfund.com

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/arrowpoint-investment-partners-selects-arcesium-to-scale-asia-focused-multi-strategy-platform-302926493.html

SOURCE Arcesium

Continue Reading

Technology

From targets to projects: Solar & Storage Live and EVCharge Live Indonesia 2026 focus on infrastructure delivery

Published

on

By

Two co-located events will bring together 5,000+ attendees, 120+ speakers and 100+ sponsors and exhibitors in Tangerang this month to explore Indonesia’s next phase of solar, energy storage, electric vehicle charging and infrastructure development.

TANGERANG, Indonesia, Nov. 3, 2026 /PRNewswire/ — As Indonesia accelerates its solar energy ambitions and expands its electric vehicle charging ecosystem, attention is increasingly turning to the infrastructure, financing and technologies needed to translate national targets into projects on the ground.

These priorities will take centre stage at Solar & Storage Live Indonesia 2026 and EVCharge Live Indonesia 2026, taking place on 11–12 November at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang. Organised by Terrapinn, the co-located events are expected to bring together over 5,000 attendees, 120+ speakers and 100+ sponsors and exhibitors from across the energy, power and electric mobility sectors.

The events come at a significant time as Indonesia accelerates its energy transition. In September 2026, the Ministry of National Development Planning (Bappenas) and PT PLN (Persero) announced plans to develop 100GW of solar power supported by battery energy storage systems (BESS). Meanwhile, Indonesia’s public EV charging network reached 4,769 charging units across 3,097 locations as of April 2026, highlighting the growing need for investment, grid readiness, and collaboration between the energy and transport segments.

An impressive speaker line-up that goes beyond the hype

The two-day event will feature discussions across four stages and eight dedicated tracks, including Commercial & Industrial Solar, Energy Storage & Batteries, EV Batteries, Energy & Ecosystem, EV Infrastructure & Fleet Management, Rural Electrification & Smart Grid, Rooftop, Floating & Residential Solar, Solar Installer University and Utility-Scale Solar.

Among the opening keynote speakers are Togu Pardede, Director of Energy, Mineral and Mining Resources at Bappenas, who will address national priorities for delivering Indonesia’s solar energy transition, and Yusuf Nugroho, Director of Road Transport Means and Safety at the Ministry of Transportation, who will discuss the establishment of a safe electric vehicle ecosystem.

Other senior leaders contributing to the wider programme from government, utilities and industry include:

Arief Heryana, Director of Operations, PT PLN Nusantara RenewablesDr. Yono Reksoprodjo, Expert Staff to the Head of the Agency for Resilience Strategy and Land Affairs, Badan Bank TanahLucky Luqman Nurrahmat, Director of Technology Advancement, BPI Danantara IndonesiaDelano Dalo, Head of Public Financing 2 Division, PT Sarana Multi Infrastruktur (PT SMI)Satya Hangga Yudha Widya Putra, Technical Advisor to The Minister, Ministry of Energy and Mineral Resources (ESDM)Nurwahidi, Senior Advisor Deputy II, Executive Office of the President Republic of Indonesia (Kantor Staf Presiden)Zainul Pulungan, Senior Trainer, Ministry of Energy and Mineral Resources (ESDM)Ricky Adrian, Vice President Decarbonization Business Development and Energy Management, PT PLN (Persero) Riniwaty Sinaga, Public Relations, Indonesian Electric Motorcycle Industry Association (AISMOLI)Yoga Adiwinarto, Director of Business Development, KALISTAMohamad Amrinsyah, Head of Fleet, Lazada IndonesiaHalim Wijaya, Director of GrabRental and Expansion Business, Grab IndonesiaWendy Priana Negara, Group Head of Fleet Investment, PT ASDP Indonesia Ferry (Persero)Reza Fajar Prayoga, Business Planning and Development Manager, PLN Indonesia Power Renewables

Conference highlights include discussions on Indonesia’s priority solar projects, financing barriers to utility-scale deployment, rural electrification and battery storage economics. On the electric mobility front, sessions will examine EV charging infrastructure challenges, fleet electrification and the integration of EV batteries and distributed storage into the power grid.

A curated marketplace of solutions to build relationships and close deals

Beyond the conference, attendees will have the opportunity to explore technologies and solutions from more than 100 sponsors and exhibitors across the exhibition floor.

Deye Inverter, Diamond Sponsor of Solar & Storage Live Indonesia 2026, will be among the companies showcasing solar and energy storage solutions. Infineon, Gold Sponsor of EVCharge Live Indonesia 2026, and AMPECO, Silver Sponsor, will also be participating in the EV-focused exhibition.

Other exhibiting companies include RatedPower, Suryanesia and Studer Cables AG at Solar & Storage Live Indonesia, alongside Green24 Holding, Sumber Daya Alamindo and Statiq at EVCharge Live Indonesia.

Across the show floor, visitors can explore solar PV technologies, inverters, battery storage systems, cables and electrical components, as well as EV charging stations, charging management platforms, battery swapping technologies, portable charging solutions and wall-mounted EV chargers.

The exhibition will attract a broad range of industry professionals, including utilities, independent power producers (IPPs), project developers, EPC contractors, large energy buyers, investors, charging point operators, fleet owners, logistics companies, automotive manufacturers and technology providers, creating opportunities for business connections and cross-sector collaboration.

The events are supported by industry associations and organisations including Charging Interface Initiative (CharIN), Global Energy Alliance, Global Solar Council, Green Building Council Indonesia, Indonesian Electric Motorcycle Industry Association (AISMOLI), Indonesian Express Delivery, Postal and Logistics Services Association (ASPERINDO), Indonesian Logistics Association (ALI), Indonesian Smart Grid Initiative (PJCI), Indonesian Solar Module Manufacturers Association (APAMSI), Indonesian Solar Power Entrepreneurs Association (APPLTSI) and Malaysia Zero Emission Vehicle Association (MyZEVA).

“We’re delighted to be returning to Tangerang for the second editions of Solar & Storage Live Indonesia and EVCharge Live Indonesia,” said Paul Clark, Managing Director, Terrapinn Asia. “The expo has doubled in size since last year, underscoring the level of excitement around Indonesia’s clean energy plans. There’s no better place to get the latest updates on the 100GW plan and the commitment to create a cleaner, greener future for all Indonesians and to meet the people that can actually get your projects moving.”

Solar & Storage Live Indonesia 2026 and EVCharge Live Indonesia 2026 will take place at ICE BSD City, with one visitor pass providing access to both exhibitions. Admission to the event is free for visitors who register.

To register or find more information, please visit: www.terrapinn.com/SSLID26-PRN

Event Details

Solar & Storage Live Indonesia 2026 | EVCharge Live Indonesia 2026
Dates: 11–12 November 2026
Venue: Halls 3 & 3A, Indonesia Convention Exhibition (ICE), BSD City, Tangerang, Indonesia
Opening hours:

Wednesday, 11 November: 08:30–17:30 WIBThursday, 12 November: 09:00–17:00 WIB

About Solar & Storage Live Indonesia

Solar & Storage Live Indonesia is a business-to-business exhibition and conference dedicated to advancing solar power and energy storage deployment in Indonesia. It connects utilities, project developers and energy buyers to explore new technologies, business opportunities and partnerships across the solar and storage value chain.

About Terrapinn

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something. www.terrapinn.com

PRNewswire is the Official Media Partner of Solar & Storage Live Indonesia 2026 and EVCharge Live Indonesia 2026.

Press attendance is complimentary. For media enquiries, please contact:

Judith Soh
Marketing Manager
Terrapinn
judith.soh@terrapinn.com

Jessica Foong
Marketing Director
Terrapinn
jessica.foong@terrapinn.com

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/from-targets-to-projects-solar–storage-live-and-evcharge-live-indonesia-2026-focus-on-infrastructure-delivery-302926728.html

SOURCE Terrapinn Pte Ltd

Continue Reading

Trending