Vision Marine Technologies Inc. (NASDAQ: VMAR) witnessed a dramatic uptick in its stock price, climbing 46.73% to $2.23 during premarket trading. The spike comes after the business revealed a significant partnership with Calip Group to advance its high-voltage marine battery technology.
Novel Cooling Plates for Use in Marine Environments
Vision Marine (VMAR) announced intentions to collaborate with Calip Group, a European pioneer in sophisticated welding processes, to set up a specialized production line for bespoke cooling plates. These cooling plates are made to maximize the lifetime and performance of the company’s high-voltage (HV) marine battery packs while addressing the particular thermal problems of marine applications. VMAR anticipates the production to start this year.
Marine environments demand continuous high-power delivery, placing extreme thermal stress on battery systems. Unlike conventional HV batteries, which typically handle only short bursts of power, Vision Marine’s battery packs are engineered for prolonged operation under such rigorous conditions. The new cooling plates are integral to ensuring consistent heat dissipation, stabilizing cell temperatures, and preventing premature degradation of battery cells.
Calip Group’s Expertise Powers the Advancement
Calip Group has brought its expertise in Friction Stir Welding (FSW) to the collaboration, ensuring precise manufacturing of sealed cooling plates. The group has invested in refining its FSW processes to produce components that meet the exacting demands of VMAR’s battery systems. By adapting industrial tooling to suit the battery’s specific assembly process, Calip Group has further cemented its reputation as a leader in high-tech welding solutions.
Pioneering Sustainable Marine Propulsion
Vision Marine’s E-Motion Powerpacks are a testament to the company’s commitment to innovation and safety in marine propulsion. Featuring IP67-rated stainless-steel construction, advanced thermal management, and modular designs, these battery packs are built to power boats ranging from 18 to 34 feet. With no recorded instances of thermal runaway, the E-Motion Powerpacks exemplify reliability.
The collaboration with Calip Group represents another leap forward in Vision Marine’s mission to deliver cutting-edge electric boating solutions, positioning the company to meet surging demand for sustainable marine technologies.