Sterk Yachts announces exclusive agreement with Vision Marine

STERK Yachts, a premium European boat manufacturer, is thrilled to announce the signing of a three-year exclusive supply agreement with Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine”). This agreement designates Vision Marine as the sole provider of electric propulsion systems for STERK boats, enabling a new era of electric-powered vessels equipped with cutting-edge technology.

Under this partnership, STERK will integrate Vision Marine’s E-MoXon™ 180E electric propulsion system into select models, ensuring an unparalleled boating experience that combines performance with sustainability. This collaboration represents a key milestone in STERK’s commitment to innovative design and eco-friendly solutions, as boats will be assembled in Germany using Vision Marine's advanced battery technology.

Exclusive Partnership and Market Potential

With this agreement, STERK will leverage Vision Marine’s established reputation in electric marine propulsion to expand its reach in the global market. The partnership will facilitate the Introduction of electric-powered STERK boats to North America while solidifying the company’s
presence in Europe. This collaboration sets the foundation for future model additions and enhancements, contingent upon mutual agreement.

The electric boxing market is experiencing rapid growth, driven by increasing consumer demand for sustainable solutions and changing regulations. STERK aims to meet these market demands by collaborating with Vision Marine, ensuring access to industry-leading electric propulsion technology.

Quality Assurance, Certification, and Support

As part of this agreement, STERK will work closely with Vision Marine to certify all boats equipped with the E-MoXon™ 180E system, ensuring compliance with CE, USCG, ABYC, and NMMA standards. Vision Marine will provide technical training to STERK’s workforce, ensuring seamless integration and optimal customer support for electric-powered boats.

“This partnership solidifies STERK’s commitment to innovation and performance in the booming industry,” said Milan Sterk, Managing Partner of MS Marine. “By collaborating with Vision Marine, we are integrating high-performance electric propulsion into our vessels, significantly
reducing our ecological footprint while delivering the exhilarating experiences our customers expect. This agreement marks an exciting new chapter for STERK as we aim to lead the way in sustainable booming solutions.”

“This agreement helps cement Vision Marine’s role as a driving force in electric marine propulsion,” said Alexandre Mongeon, co-founder and CEO of Vision Marine Technologies. “By partnering with STERK, we are facilitating the integration of our E-MoXon™ 180E system into a premium platform, creating a scalable pathway for the widespread distribution of electric boats. This collaboration strengthens our European presence, and I believe it will pave the way for future expansion.”