We are excited to share Pelagion’s latest progress as we electrify the watersports industry with the HydroBlade. We’ve had a strong start to 2025, and I’m eager to update you on our recent happenings and upcoming milestones.

Palm Beach International Boat Show Recap

We recently exhibited at the 2025 Palm Beach International Boat Show (March 19–23) in West Palm Beach, a premier event showcasing over $1.2 billion in yachts. The HydroBlade generated significant buzz, captivating marine enthusiasts as we evangelized the HydroBlade's unique value proposition nonstop for 5 days! The event was a fantastic opportunity once again to showcase our vision for sustainable, high-performance watersports.

Upcoming Events: Suncoast and San Diego Boat Shows

Later this month, we’ll be at the Suncoast Boat Show (April 25–27) at Marina Jack in Downtown Sarasota, a key Gulf Coast event expected to draw 15,000 attendees. Additionally, we’re committed to expanding our West Coast presence at the San Diego International Boat Show, scheduled for June 19–22 at the Safe Harbor Sunroad Marina. This event, known for attracting boating enthusiasts across Southern California, will help us connect with a new audience and further expand our community.

Pre-Production HydroBlade Update

Our newest pre-production HydroBlade unit is nearly ready, set to be completed within two weeks. These two new Blades will allow us to offer more hands-on experiences at upcoming events, bringing us closer to full production and market launch.

Major Influencer Collaboration

We’re thrilled to announce a forthcoming collaboration with a globally recognized influencer boasting a following of over 50 million. This partnership, set to launch in early May, will feature an exclusive HydroBlade showcase, amplifying our visibility among adventure seekers and eco-conscious consumers. Stay tuned for more on this and keep an eye on all of the traditional social channels.

Looking Ahead

With momentum from Palm Beach, upcoming shows in Sarasota and San Diego, and our pre-production unit nearing completion, Pelagion is on the edge of great things. The influencer collaboration will further elevate our brand, and we’re on track to share production updates soon. Thank you for your continued support—I’m confident we’ll redefine watersports together. Feel free to reach out with any questions.

Best regards,

Mike Terry

mike.terry@pelagion.com

Head of Business Development