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flag Vision Marine Technologies auctions off parts from Nautical Ventures for up to $1.8M, reinvesting in electric propulsion.

flag Vision Marine Technologies is holding an auction from September 16-18 in Florida to sell off discontinued and overstocked parts from its acquisition of Nautical Ventures. flag The auction, expected to generate between $1.3 million and $1.8 million, will help streamline operations and reduce surplus stock. flag The proceeds will support the company's push into electric propulsion and service programs, aiming to expand margins and long-term value.

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