Vision Marine Technologies Inc 6-K, filed Jun 12, 2025
Vision Marine Technologies Inc. (VMAR)
About this 6-K
Vision Marine Technologies Inc filed this 6-K on June 12, 2025.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2025
Commission File No. 001-39730
VISION MARINE TECHNOLOGIES INC.
(Translation of registrant’s name into English)
730 Boulevard du Curé-Boivin
Boisbriand, Québec, J7G 2A7, Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) ¨
General
The information contained in this Report on Form 6-K (excluding the exhibit) is hereby incorporated by reference into our Registration Statement on Form F-3 (File No. 333-267893) and Registration Statement on Form S-8 (File No. 333-264089).
On June 11, 2025, Vision Marine Technologies Inc. (the “Company”) announced an expanded partnership with Octillion Power Systems (“Octillion”) to manufacture 45.36 kWh high-voltage battery packs at Octillion's Nevada facility. A copy of the press release entitled, “Vision Marine Secures U.S. Battery Supply Chain Through Strategic Expansion with Octillion Power Systems” is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K and incorporated by reference herein.
Exhibit Index
No.
| 99.1 | Press Release issued by Vision Marine Technologies Inc. on June 11, 2025, entitled “Vision Marine Secures U.S. Battery Supply Chain Through Strategic Expansion with Octillion Power Systems” |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| VISION MARINE TECHNOLOGIES INC. | ||
| Date: June 11, 2025 | By: | /s/ Raffi Sossoyan |
| Name: | Raffi Sossoyan | |
| Title: | Chief Financial Officer | |
Exhibit 99.1
Vision Marine Secures U.S. Battery Supply Chain Through Strategic Expansion with Octillion Power Systems
U.S.-Assembled 45.36 kWh High-Voltage Packs from Nevada Facility to Promote Accelerated OEM and Consumer Growth Through E-Motion™ Platform
Montreal, QC, June 11, 2025 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a pioneer in high-voltage electric marine propulsion systems, today announced a major milestone in its U.S. scale-up strategy: the expansion of its longstanding partnership with Octillion Power Systems, a top-tier U.S.-based lithium-ion battery manufacturer, to produce Vision-branded high-voltage battery packs dedicated exclusively to the American market.
Under the terms of the agreement, Octillion will assemble Vision Marine’s new proprietary 45.36 kWh battery packs at its state-of-the-art facility in Nevada, aiding in fast, cost-efficient distribution across North America. These batteries are designed to support both Vision Marine’s OEM integrations and consumer-facing electric boat offerings, delivering increased power, extended range, and improved performance—while reducing total system cost and simplifying logistics.
This renewed and enhanced partnership establishes a partial U.S. supply chain for Vision Marine’s proprietary E-Motion™ 180E electric outboard system, unlocking key efficiencies. In addition to supporting factory integration with third-party manufacturers, the partnership provides a reliable and consistent battery supply for Vision Marine’s direct-to-consumer electric boat sales, including those produced under formal production agreements with multiple established boat manufacturers. These vessels are sold through Vision Marine’s channels while retaining the original manufacturer’s branding, enabling broad market reach without altering brand identity.
“Octillion has been an integral technology partner to Vision Marine for several years, powering our most high-performance programs—including multiple electric world speed record boats,” said Alexandre Mongeon, CEO of Vision Marine Technologies. “With this expanded partnership and the support of Octillion’s Nevada facility, we are positioned to scale commercial deliveries and prepare for our next record-setting performance with more power and higher efficiency.”
Founded in 2009 and headquartered in California, Octillion Power Systems is a global leader in lithium-ion battery technology, with over 2 million battery systems deployed across electric vehicles, industrial equipment, and energy storage sectors. Octillion brings deep technical expertise and proven large-scale manufacturing capabilities—essential components to Vision Marine’s growth roadmap.
“Having collaborated with Vision Marine since 2021 on the development of this American-built, marine-dedicated battery platform has been both technically rewarding and strategically significant,” said Paul Beach, President of Octillion Power Systems. “We are proud to manufacture these 45.36 kWh packs at our Nevada facility and to work in close alignment with Vision Marine’s team as they scale delivery and continue to push the boundaries of electric propulsion on water.”
In addition to supporting near-term production, Octillion’s close proximity and embedded technical collaboration introduce a new phase in Vision Marine’s development strategy. By aligning with a team that has delivered over 2 million battery systems globally, Vision Marine is now embracing a more agile, partner-integrated model of innovation, leveraging Octillion’s energy systems expertise to guide refinements and influence the evolution of future battery architectures.
The battery systems being manufactured by Octillion are integrated with Vision Marine’s patent-pending proprietary high-voltage marine propulsion powertrain —the first battery pack purpose-built for electric marine propulsion. Engineered to meet the demanding conditions of marine use, these packs deliver enhanced energy density, ruggedness, and integration simplicity—promoting optimal performance across a wide range of recreational and commercial applications.
The packs will be available exclusively with the E-Motion™ 180E outboard and offered as part of a fully integrated, plug-and-play powertrain solution. Designed for rapid OEM adoption and simplified factory installation, this system addresses long-standing industry barriers to electric adoption—namely cost, complexity, and limited performance.
By leveraging Octillion’s Nevada-based production infrastructure and forward-leaning technical engagement, Vision Marine becomes the first company in North America offering a fully industrialized, high-voltage electric marine outboard system with a U.S.-sourced battery solution —positioning the Company to meet growing demand for electrified boating while supporting regulatory and content compliance initiatives.
With domestic battery sourcing secured, enhanced pack performance, and ongoing collaboration with Octillion’s technical team, Vision Marine enters the second half of 2025 with the foundation to scale its go-to-market operations and accelerate its innovation agenda. As the Company advances, it remains committed to shaping the future of marine electrification by embracing cross-functional partnerships and leading-edge development models to bring next-generation technologies to the water.
About Octillion Power Systems
Octillion Power Systems is a U.S.-based global provider of advanced lithium-ion battery solutions for electric mobility and stationary
energy storage. With over 2 million battery packs shipped worldwide, Octillion specializes in scalable, safe, and high-performance battery
packs for transportation, industrial, and grid-connected applications. Visit www.octillion.us to learn more.
About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a pioneer in marine electrification. Its flagship E-Motion™ 180E system is
a fully integrated high-voltage electric outboard powertrain built for OEM adoption at scale. Vision Marine designs and manufactures
electric propulsion systems and boats to transform recreational and commercial boating into a zero-emission experience. Learn more at
www.visionmarinetechnologies.com
Forward-Looking Statements
Certain statements in this press release constitute “forward-looking statements.” These statements include, but are not limited to, expectations regarding the benefits of the new patent, its impact on future product development and original equipment manufacturer integrations, and Vision Marine’s competitive position. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could affect results are discussed in the Company’s filings with the Securities and Exchange Commission. Vision Marine undertakes no obligation to update any forward-looking statements except as required by law.
Investor & Company Contact
Vision Marine Technologies
Bruce Nurse – Investor Relations
(303) 919-2913
bn@v-mti.com
Website: visionmarinetechnologies.com
Twitter: @marine_vision
Facebook: @VisionMarineTechnologies
Instagram: @visionmarine.technologies
YouTube: @VisionMarineTechnologies