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About Twin Vee PowerCats, Co.
Twin Vee PowerCats Co. engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The company is headquartered in Fort Pierce, Florida and currently employs 99 full-time employees. The company went IPO on 2021-07-21. The firm operates through three segments: Gas-powered Boats, Electric-Powered Boats, and Franchise. The Gas-powered Boat segment manufactures and distributes gas-powered boats. The Electric-Powered Boats segment is developing fully electric boats, through its subsidiary, Forza X1, Inc. The Franchise segment is developing a standard product offering and is selling franchises across the United States through its wholly owned subsidiary, Fix My Boat, Inc. Its gas-powered 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 primarily sells its boats through a network of 20 independent dealers in 34 locations across North America and the Caribbean.
Industry: Ship & Boat Building & Repairing Peers: American Outdoor Brands, Inc. Brownie's Marine Group, Inc BOWFLEX INC. ESCALADE INC Forza X1, Inc. HASBRO, INC. JAKKS PACIFIC INC