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Vision Marine Technologies Receives US Patent Allowance for Electric Boat Powertrain Components

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Vision Marine Technologies (VMAR) received a notice of allowance from the US Patent and Trademark Office, the company said Wednesday.

The application relates to the authentication of components within an electric-vessel powertrain.

According to the company, the notice means that the US Patent and Trademark Office has examined the application and has found it allowable.

Shares of the company were down more than 15% in recent premarket activity Wednesday.

Price: $2.30, Change: $-0.43, Percent Change: -15.81%

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