Twin Vee PowerCats Co. is a designer, manufacturer, distributor, and marketer of power sport catamaran boats. The Company 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 Company primarily sells its gas-powered boats through a network of 20 independent dealers in 34 locations across North America and the Caribbean.
