Twin Vee PowerCats Co. began production of its newly integrated Bahama Boats line and started delivering the first boats to customers on November 12, 2025. The move follows the company’s June 2025 acquisition of key assets from Bahama Boat Works and the relocation of the brand’s molds and tooling into Twin Vee’s expanded Fort Pierce, Florida facility.
The acquisition and integration were enabled by a 95,000‑square‑foot expansion of Twin Vee’s manufacturing plant, completed in 2023, and a series of in‑house tooling investments that allow the company to produce high‑performance monohull models alongside its core catamaran lineup. The first production run represents a limited but strategically important launch, with deliveries to a select group of dealers and end‑users that will test the market response before a broader rollout.
Financially, Twin Vee reported Q3 2025 net sales of $3.43 million, an 18% increase from the $2.83 million reported in Q3 2024, while the net loss narrowed to $2.76 million from $3.90 million a year earlier. For the nine months ended September 30, sales totaled $11.8 million versus $12.5 million in the prior year, reflecting a modest decline in core segments but offset by the early revenue contribution from the Bahama Boats line. The sale of the company’s North Carolina property in October 2025 further strengthened the balance sheet and improved liquidity.
Strategically, the launch targets the global sportfishing and high‑performance boating market—a segment that has historically been underserved by Twin Vee’s traditional product mix. By adding the Bahama brand, the company expands its dealer network and opens new revenue streams, positioning itself to capture a larger share of the high‑performance segment and reduce reliance on its core catamaran sales. The move aligns with management’s broader goal of diversifying the product portfolio to improve revenue resilience amid a slowing recreational‑boating market.
CEO Joseph Visconti said the company is “honoring Bahama Boats’ legacy while positioning the brand for growth, leveraging Twin Vee’s expanded manufacturing resources and distribution reach.” Interim CFO Scott Searles added that the integration “strengthens our balance sheet and supports liquidity, while our disciplined overhead management continues to drive operating leverage.”
The launch signals Twin Vee’s continued focus on operational efficiency and strategic diversification. By successfully integrating the Bahama assets and ramping up production, the company demonstrates its ability to execute on large‑scale acquisitions and expand into higher‑margin markets, setting the stage for future growth in both core and new product lines.
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