<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001641172-25-025646</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Lincoln Alternative Strategies LLC -->
          <cik>0002043812</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common stock, no par value per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>01/14/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001813783</issuerCik>
        <issuerName>Vision Marine Technologies Inc.</issuerName>
        <issuerCusip>92840Q301</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>730 Boulevard du Cure-Boivin</com:street1>
          <com:city>Boisbriand</com:city>
          <com:stateOrCountry>A8</com:stateOrCountry>
          <com:zipCode>J7G 2A7</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Lincoln Alternative Strategies LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>43028.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>43028.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>43028.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>4.32</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>The percentage in Row 11 was determined based on 996,038 shares of common stock outstanding as of January 23, 2026, as reported by the Company in its 424B5 prospectus filed on January 23, 2026.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Vision Marine Technologies Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>730 Boulevard du Cure-Boivin, Boisbriand, A8, J7G 2A7</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Lincoln Alternative Strategies LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>404 Washington Ave., Suite 650, Miami Beach, FL 33139</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Delaware</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>43,028</amountBeneficiallyOwned>
        <classPercent>4.32</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>4.32</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>4.32</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Lincoln Alternative Strategies LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Stephen Temes</signature>
        <title>Stephen Temes/Managing Member</title>
        <date>02/10/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
