Alfadan, Inc.

Re-defining the outboard engine

Alfadan, Inc.

Re-defining the outboard engine

Miramar, FL
Transportation
At ALFADAN, we have created a proprietary, marine-specific outboard engine design that will revolutionize the boating industry. Our engines have at least 50% more horsepower, 50% less moving parts and less weight which leads to better performance, less fuel consumption, and a much lower cost of operation.

$352,754

raised
$1,063,180
previously crowdfunded
284
Investors
$32.6M
Valuation
$2.00
Price per Share
$500.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$6.78M
Offering Max
Reg A+
Offering

$352,754

raised
$1,063,180
previously crowdfunded
284
Investors
$32.6M
Valuation
$2.00
Price per Share
$500.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$6.78M
Offering Max
Reg A+
Offering

Rewards

Get rewarded for investing more into Alfadan, Inc.:

$500+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Circular.
$1,000+
Investment
5% Bonus Shares + Engine Discount
Invest $1,000+ and receive 5% bonus shares & a discount equal to the price of your investment* on your initial order. *Discount capped at $4,000 per engine on your initial order.
$2,500+
Investment
10% Bonus Shares + Engine Discount
Invest $2,500+ and receive 10% bonus shares & a discount equal to the price of your investment* on your initial order. *Discount capped at $4,000 per engine on your initial order.
$10,000+
Investment
15% Bonus Shares + Engine Discount
Invest between $10,000+ and receive 15% Bonus Shares & a discount equal to $4,000* on your initial order. *Discount capped at $4,000 per engine on your initial order.
$20,000+
Investment
20% Bonus Shares + Engine Discount
Invest $20,000+ and receive 20% bonus shares & a discount equal to $5,000** on your initial order. ** Discount capped at $5,000 per engine on your initial order.

Offering Circular | Selected Risks Related to this Offering | Alfadan's SEC EDGAR Page


For more information on Alfadan, Inc. download and review the Offering Circular. The Offering Circular should be reviewed before making an investment decision



Reasons to Invest



  • Paradigm Shifting Product - Our proprietary inline four cylinder engine design has solved the secondary balance issue that has plagued this design for over 100 years. It produces greater horsepower, greater efficiency and the best power to weight ratio when compared to all other outboard marine engines.
  • Experienced Team - We are built by boaters for boaters, with combined 80 years of experience and have developed relationships with industry veterans, like Mahle Powertrain, to assist us.
  • Large Market - The global marine outboard engines market is forecasted to reach $13B in 2027 and we hope to become an industry leader.



“Proprietary design for a more efficient, and more powerful outboard engine”

Introducing ALFADAN


We are redefining the limits of the high-performance outboard engine. Over the years, these engines have largely mimicked the design of automotive engines which typically utilize the V6 and V8 design concept.  As outboard-powered  boats have increased in size, (35-70ft), current designs have been unable to keep up with power requirements, resulting in the placement of 4-6 outboard engines on the back of these larger boats.  


More engines on the back of a boat increases the weight, which causes more drag, which affects performance and increases fuel consumption. Our engines reduce the number of outboard engines that a boat needs which weighs less, reduces drag, improves performance, and reduces fuel consumption.  In essence, our engines deliver better performance with fewer engines. 



The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development , final product may differ. 


We're designing a new type of i4 engine


ALFADAN, has created a new inline four-cylinder engine (i4). The i4 design has historically been limited in displacement due to an inherent design problem referred to as a secondary imbalance. 


The secondary imbalance is an issue caused by the speed variation of the piston as it reaches the top of the cylinder versus the bottom of the cylinder. The piston moves slightly faster at the top, and slightly slower at the bottom, causing a difference in inertia which results in an engine imbalance. 


ALFADAN has solved this design problem with a patented re-design of the i4 drive train, allowing ALFADAN to produce the very first high displacement inline four-cylinder engine. ALFADAN’s design creates an outboard engine with 50% less moving parts, better efficiency and reliability, and a much-needed simple worldwide service network. We believe our design will allow any boat ranging from 35 to 75 feet in length to be powered with a simple twin or triple engine concept versus the four to six engine concepts currently used.


The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development , final product may differ.



The problem


As boats have increased in size, current engine designs cannot keep up with required power demands

We believe that high-performance boats have been getting bigger and bigger in recent years, leading to a major problem for manufacturers: How to produce an engine to keep up? 

 

Existing outboard engines come with displacement capacity and size constraints that make scaling quite difficult. As a result, it has become quite common to see four, five, and even six engines on one of these boats in order to meet power requirements.


More engines leads to more problems


This results in a massive loss of efficiency as well as an unnecessary increase in weight onboard — which hampers performance.



So, how do you reduce the number of engines while increasing performance?


ALFADAN does it by delivering engines that have 50% to 100% more horsepower, 50% less moving parts, and half the overall engine weight "Less engines on the back of the boat equals less drag and better performance."

ALFADAN has patented a revolutionary i4 drivetrain that allows us to produce the very first high displacement inline four-cylinder engine. We can now deliver two to three times more power in an engine that is the same size and weight as the top leaders in the industry

the solution






A brand new proprietary engine design

ALFADAN has managed to create a patented redesign of the i4 drive train, drastically increasing its efficiency and reliability, and allowing various models to power boats ranging in length from 35-75 feet with a simple twin or triple engine concept.


Our design creates an outboard engine with 50% less moving parts, better efficiency, reliability, and a much-needed simple worldwide service network. ALFADAN plans to provide its customers a series of marine-specific engines starting with our flagship 654 horsepower. With our proprietary engine design, we’ve unlocked new limits to boating performance. 


The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development , final product may differ.





We're making sure it's easy to service


You never want to be stuck on the water with an engine you can't repair. That's why we are incredibly excited about the ALFADAN service model. All of our initial investment resources will be applied to the development of the A654. This engine will be our flagship product and the basis for all other future engines in the ALFADAN line. Our service concept is to utilize and share all critical service parts among our entire line of engines. This means that any future engine designed by our company will use the same parts as the A654, making complicated service a thing of the past.

 

We plan to provide our customers with a waterproof sealed case that will include all the parts needed to service their ALFADAN engines. These parts, combined with our future simple to follow service videos can allow any marine mechanic, anywhere in the world to carry out the service. Once completed, all of our parts will be available through AMAZON.COM allowing the service kit to be easily replenished. Parts will always be on-board when you need them and not days away.


The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development , final product may differ. 




The market



Expanding market growing to $13B in 2027


As of 2020 the outboard engine market size was valued at $9.1B and is expected to grow to $13B by 2027. The global marine outboard engine market is forecasted to post a CAGR of 5% by 2027. We're excited to be building a product in an expanding market. 


Global Marine Outboard Engines Market




Traction


Completed proof of concept

Working closely with our manufacturer, we have completed our feasibility study, proof of concept. We have also completed an operational two-cylinder 30 HP prototype to prove the performance, reliability, and efficiency of the proprietary i4 drive train.


We are currently under contract with Mahle Powertrain for engineering, development testing, and manufacturing of the i4 engine and have secured relationships with manufacturers of all specific additional sub-assemblies. Once our prototypes have been tested and stressed we can begin the manufacturing and sales process.


The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development , final product may differ.


Current Development Phase



We have completed the proof of concept and Feasibility Study which was executed by Mahle Powertrain, and are currently 1/3 complete with the development of the initial prototypes. Once the prototypes have been tested and stressed, we will proceed with the manufacturing of the separate outboard engine components. The manufacturers of each of these elements have been established with world-leading engineering/manufacturing organizations specific to each sub-assembly.

We will commence development in multiple phases to create the first prototype engine, the flagship 654 (Marketed as the A654). The A654 will serve as the primary design platform for the next four engine prototypes. Upon completion of the 654, 854, and 1054HP versions, we will develop the 454 / 554. All five engines will share most of the internal parts from the A654 along with all external parts such as filters, sensors, starter, and all service components. Mahle is under contract to complete the development of the A654 engine within the following 20 months. All other sub-assemblies will be developed in parallel within this 20-month period allowing the final completion and testing of the Outboard engine at the end of this period.



how we are different


More power while increasing efficiency

The industry is fairly concentrated, with 80 percent of the market taken up by large companies such as Yamaha and Mercury producing engines in the 425 - 450 horsepower range. The remaining 20 percent consists of smaller competitors with engines in the 250 - 350 HP range. ALFADAN plans to deliver two to three times more power with better performance, greater fuel efficiency, lower operating costs, and lower price per Horsepower.

The photos are true conceptual renditions based on the data and engineering results from the Mahle Powertrain Feasibility Study. The Engine is still in development , final product may differ.



The vision


Varied product line at scaling price points

Our combination of superior design quality and high-value manufacturer relationships will allow us to introduce new products, such as our P4 marine outboard engine, with an aggressive advertising strategy aimed to produce rapid market penetration.


We plan to complete our line of product offerings within two years of the Research and Development being completed (Approximately four years from now), by which time we should be able to leverage our brand awareness and market share to ensure each of our designs finds its target market.


Potential industry expansion


While we are currently completely focused on the marine industry, we do see our engine designs revolutionizing engines in other industries such as aerospace, power generation, and commercial automotive. 



our Team


We aren’t new to the technology manufacturing space

Alberto Araujo, Chief Executive Officer: Our founder and CEO has vast experience as an entrepreneur and manufacturer, having founded and operated Amtech Industries Inc, which manufactured and sold natural stone products. He also was a founding partner of R.A. Microjets Inc., where he led R & D in turbines for military use, as well as engine design and manufacturing.


Omar Jimenez, President, and Chief Operating Officer: Our President and COO is a seasoned executive with experience in building, strengthening, and leading public and private companies from various degrees of corporate maturity including start-ups, as well as high-growth turn-around projects.



MAHLE Powertrain

MAHLE Powertrain is a global Engineering, consulting, and manufacturing firm that specializes in the design, development, and integration of advanced internal combustion engines and electrified powertrain systems. They have reviewed the concept of the patented i4 ALFADAN engine and have successfully completed preliminary engineering and a full design feasibility study. ALFADAN is currently under contract with Mahle Powertrain to commence final engineering, testing, manufacturing of prototypes, Dyno testing, and final sea trial testing.


Our company has taken the approach of outsourcing the manufacturing of its major components to reliable industry leaders. Our plan is to have all sub-assemblies built and tested at each of the leaders' facilities and undergo final assembly at ALFADAN's future facility where all engines would be tested, sold, and delivered to customers worldwide.



why invest


Your opportunity to get in early on an entrant into a high-growth industry

We believe our innovation with the i4 design has the potential to completely change the landscape of an already booming industry. We're planning to produce our engines in the USA. So your investment will not only support a US company but help support manufacturing jobs here in the US. With your help, we plan to further develop our product line and make sure that when we arrive at market, we take the industry by storm. 






AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.


THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.


THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY.  THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT.  WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS.  INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE.  THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENT

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