Vision Marine Opens New Palm City Nautical Ventures Store After Selling 1,100+ Yacht Tenders

Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a marine technology and retail platform company, today announced the opening of a new Nautical Ventures retail store in Palm City, Florida, marking a milestone of more than 1,100 yacht tenders sold across the Nautical Ventures network since 2021, supported through centralized rigging, integration, and delivery operations at the Palm City facility.

 

The Palm City location has historically operated as a high-volume tender rigging, preparation, and logistics center serving Nautical Ventures' Florida-wide retail operations. The volume of tenders sold across the network and supported through this facility reflects sustained customer demand and operational scale that Vision Marine is now extending into a dedicated, customer-facing retail and service platform.

The yacht tender and inflatable boat segment represents a significant and established portion of the global marine industry. According to independent industry research published by Mordor Intelligence, the global inflatable boat market operates at a multi-billion-dollar scale and is supported by long-term demand drivers including superyacht activity, marina-based operations, charter fleets, and the increasing use of tenders as primary leisure vessels.¹ Within this market environment, Vision Marine continues to advance a disciplined tender strategy focused on asset optimization and scalable execution.