Vision Marine Technologies Announces Purchase Order And Exclusive Distributorship Agreement With Nautical Ventures Marine Group
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Vision Marine Technologies has entered into an exclusive distributorship agreement with Nautical Ventures Marine Group, making them the sole distributor of the Phantom in South Florida. This partnership kicks off with an initial purchase order of 50 units of the Phantom, Vision Marine's innovative rotomolded, recyclable boat.
February 23, 2024 | 2:06 pm
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Vision Marine Technologies announces an exclusive distributorship and initial purchase order with Nautical Ventures Marine Group for the Phantom in South Florida.
The exclusive distributorship agreement and initial purchase order for 50 units of the Phantom by Nautical Ventures Marine Group represent a significant business development for Vision Marine Technologies. This partnership not only opens up a new market in South Florida but also demonstrates confidence in Vision Marine's product, potentially leading to increased sales and revenue. The news is likely to be viewed positively by investors, potentially leading to a short-term uptick in VMAR's stock price.
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