ALFADAN, Inc.

Re-defining the outboard engine

ALFADAN, Inc.

Re-defining the outboard engine

Miramar, FL
Technology
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.

$151,782

raised
225
Investors
72
Days Left
$1.00
Price per Share
$15M
Valuation
Equity
Offering Type
$250.00
Min. Investment

$151,782

raised
225
Investors
72
Days Left
$1.00
Price per Share
$15M
Valuation
Equity
Offering Type
$250.00
Min. Investment

Bonus Rewards

Get rewarded for investing more into ALFADAN, Inc.

$250+
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 Summary section below.
$500+
Investment
Captain’s Club
Invest $500+ and receive exclusive access to our owner’s only community where you’ll get first access to all things ALFADAN.
$1,000+
Investment
5% Bonus Shares + Discount
Invest $1,000+ and receive 5% bonus shares & a discount equal to the price of your investment* on your initial order + Captain’s Club access.
$2,500+
Investment
10% Bonus Shares + Discount
Invest $2,500+ and receive 10% bonus shares & a discount equal to the price of your investment* on your initial order + Captain’s Club access.
$5,000+
Investment
15% Bonus Shares + Event Access
Invest $5,000+ and receive 15% bonus shares, exclusive access to our launch event as one of our early investors, a discount of $4,000 off your initial order + Captain’s Club access.
$10,000+
Investment
20% Bonus Shares + Team Meetup
Invest $10,000+ and receive 20% bonus shares, an invite to lunch with our founder and team to discuss the future of ALFADAN, a discount of $4,000 off your initial order + Captain’s Club access.

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 ZF Marine, Mahle Powertrain and Free Valve, to assist us.
Large Market - The global marine outboard engines market is forecasted to reach $17B in 2025 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. 


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 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

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 Market


Expanding market growing to $17B in 2025

As of 2018 the outboard engine market size was valued at $10B and is expected to grow to $17B by 2025. The global marine outboard engine market is forecasted to post a CAGR of 7.3% by 2025. We're excited to be building a product in an expanding market. 


Global Marine Outboard Engines Market

Our 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

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 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 by the fifth year (5 years after we complete and successfully raise under this equity campaign), by which time we should be able to leverage our consistently rising 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.


FREEVALVE 

FREEVALVE is an innovator and leader in the freevalve cylinder head and engine evaluation and performance market. They have pioneered and patented several innovations using freevalve technology that allows engine performance increases in excess of 40% with fuel efficiency increases of over 15%. Freevalve technology allows the production of an engine design with 50% less cylinder head related moving parts and better overall performance and reliability. ALFADAN plans to contract FREEVALVE for the development of the FREEVALVE cylinder heads that will be used throughout the ALFADAN performance line of engines.

ZF Marine 

ZF Marine Propulsion Systems is a global market leader in the design and development of complete propulsion systems. ALFADAN plans to work with ZF Marine to develop the Transmission, Lower Unit, helm controls, and systems integration hardware and software. ALFADAN plans to contract ZF Marine to commence the final development stage as soon as Phase one of the Mahle Powertrain procedure is completed.


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' facility and undergo final assembly at the 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 supporting 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. 

Current Development Phase

We have completed the proof of concept and Feasibility Study which was executed by Mahle Powertrain, and are in the process of beginning to create the first six engine prototypes. Once the prototypes have been tested and stressed, we will proceed with the manufacture 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 engine) as soon as we are funded by this equity campaign. The A654 will serve as the primary design platform for the next five engine prototypes. Upon completion of the 654, 804, and 1204HP 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 30 months after commencement. All other sub-assemblies will be developed in parallel within this 30 month period allowing the final completion and testing of the Outboard engine at the end of this period.


Offering Summary


Company

:

Alfadan, Inc.

Corporate Address

:

3350 SW 139 Ave, Miramar, FL 33027

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

10,000

Maximum Number of Shares Offered

:

1,070,000

Price per Share

:

$1.00

Pre-Money Valuation

:

$15,029,851.00











Voting Rights of Securities sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Time-Based:

Super Early Bird Bonus:

Invest within the first 72 hours and receive an additional 20% bonus shares.

Early Bird Bonus:

Invest within the first two weeks and receive an additional 15% bonus shares.

Amount-Based:

$500+ | Captain’s Club

Invest $500+ and receive exclusive access to our owner’s only community where you’ll get first access to all things ALFADAN. 

$1,000+ | 5% Bonus Shares + Discount

Invest $1,000+ and receive 5% bonus shares & a discount equal to the price of your investment* on your initial order + Captain’s Club access.

$2,500+ | 10% Bonus Shares + Discount

Invest $2,500+ and receive 10% bonus shares & a discount equal to the price of your investment* on your initial order + Captain’s Club access.

$5,000+ | 15% Bonus Shares + Event Access

Invest $5,000+ and receive 15% bonus shares, exclusive access to our launch event as one of our early investors, a discount of $4,000 off your initial order + Captain’s Club access.

$10,000+ | 20% Bonus Shares + Team Meetup

Invest $10,000+ and receive 20% bonus shares, an invite to lunch with our founder and team to discuss the future of ALFADAN, a discount of $4,000 off your initial order + Captain’s Club access.

*This discount will apply to each engine on your initial order (discount capped at $4,000 per engine). 

The 10% Bonus for StartEngine Shareholders

Alfadan, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of common stock at $1/ share, you will receive and own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$24,516.00 USD
$75,034.00 USD
Cash And Cash Equivalents
$611.00 USD
$42,141.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$138.00 USD
$15,491.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$25,000.00 USD
$199,229.00 USD
Costs Of Goods Sold
$17,168.00 USD
$14,593.00 USD
Taxes Paid
$0.00 USD
$12,038.00 USD
Net Income
-$35,164.00 USD
$29,561.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

ALFADAN Early Bird Bonus is about to end

6 days ago

I wanted to take a moment to thank our investors and all those that are watching our progress. Our campaign is going great but time is running out for our 15% Early Bird Bonus shares. For all those watching, we hope you invest and become a part of our new ALFADAN family.

Get in now before time runs out. 

Thanks,

Albert

Show More Updates End of Updates

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