Twin Vee PowerCats, Co. (VEEE)
Twin Vee PowerCats Co. is a designer, manufacturer and marketer of recreational and commercial power catamaran boats.
We currently have over 12 models in production ranging in size from our 24-foot, dual engine, center console to our newly designed 40-foot offshore 400 GFX.
Our boats allow consumers to use them for a wide range of recreational activities including fishing, diving and water skiing and commercial activities including transportation, eco tours, fishing and diving expeditions.
We primarily sell our boats through a current network of 10 independent boat dealers in 14 locations across North America and the Caribbean who resell our boats to the end user Twin Vee customers.
Due to the growing demand for sustainable, environmentally friendly electric and alternative fuel commercial and recreational vehicles, our ELECTRA Power Sports™ Division is designing and developing a fully electric outboard motor propulsion system.
We intend to market the ELECTRA electric outboard motor propulsion system to other independent boat manufacturers after we complete our design, build the prototype and complete our tests on the motor.
We envision significant inroads with boat manufacturers to retrofit various hull configurations replacing traditional gas and diesel fuel powered fuel compartments with battery packs and existing boat owners could also retrofit their existing gas and diesel fuel powered boats with Electra’s outboards and battery packs.
|IPO Date||Jul 21, 2021|
|CEO||Joseph C. Visconti|
3101 S. US-1
Ft. Pierce, FL 34982
|Fiscal Year||January - December|
|Reporting Currency||US Dollars|
|Joseph Visconti||President, Chief Executive Officer and Chairman|
|Donna Marie Barnett||Chief Financial Officer and Controller|
|Preston Yarborough||Vice President and Director|
|Jay Foster||Chief Marketing Officer|
|Dan Norton||Chief Engineer|