Twin Vee PowerCats Co

NASDAQ:VEEE

Twin Vee PowerCats Co. designs, manufactures, and sells recreational and commercial power catamaran boats. The company is headquartered in Fort Pierce, Florida and currently employs 120 full-time employees. The company went IPO on 2021-07-21. The firm is engaged in designing, manufacturing, and marketing of recreational and commercial power catamaran boats. The firm offers models in production ranging in size from dual engine, center console to its designed offshore 400 GFX. Its boats allow consumers to use them for a range of recreational activities including fishing, diving and water skiing and commercial activities including transportation, eco tours, fishing, and diving expeditions. The firm sells its boats through a network of independent boat dealers across North America and the Caribbean who resell its boats to the end user customers. The company works with its dealer network and train its dealers on its products, new developments, product updates, warranty, sales, and marketing promotions. The firm designs and develops products under the name Electra Power Sports (ELECTRA).