Andromeda Interfaces is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$285.00 minimum investment

Andromeda Interfaces

Intelligent Display Instrumentation

Small OPO
San Diego, CA
Technology
Accepting International Investment
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Invest in Andromeda Interfaces

Andromeda offers HMI displays for the electrification of transportation and equipment.

By taking advantage of Human Machine Interfaces (HMIs), Andromeda has set out to improve driver and operator awareness, increase productivity, and reduce accidents. Over the last four years, we developed and tested several generations of prototypes, founded our company and launched our first HMI product in 2015. Our customers are electric vehicle and equipment manufacturers who NEED to replace their antiquated analog gauges in order to offer safer driving technology to their customers.

Image is computer generated and final product may vary.

We are working on a growing need for the Transportation and Logistics market. To enable safer driving, the ability to merge HMIs to the Internet of Things (IoT) will be key. Since 2015, we have proven the need for HMIs by increasing software sales each month as production volumes ramp up with our customers. As we continue to see increased growth it will be even more necessary to aggressively execute targeted marketing initiatives, expand the sales team and continue to expand our product portfolio. We are excited about the future of our company and hope you’ll join our investor team to help us grow to make safer and more efficient transportation for people.

The Offering


$1.50/share of Class B Common Stock (Non-Voting)│When you invest you are betting the company’s future equity value will exceed $4.2M.


For details on the bonus, please see the Offering Summary below.

Development Stage

We are currently manufacturing our first generation HMI display product for customers on a recurring production schedule. Concurrently, we are in the product validation stages of our next generation HMI hardware platform, called Intelligent HMIs, which will allow us to offer better pricing and flexibility with existing and future customers to rapidly adopt our technology.

Problem

We believe, as people we are vulnerable to mistakes, but our mistakes are proven to be more lethal and costly when they occur while operating vehicles or complex equipment on the job. These mistakes cause accidents and injuries resulting in medical expenses, productivity losses and property damage. Even worse, people become less confident and self-doubting while performing their jobs.

Andromeda was created to solve a problem—how to remove human error and improve safer driving while operating commercial electric vehicles and equipment.

Existing Solutions Simply Do Not Work

Rules and Regulations: In every country, there are rules and regulations that enforce safe driving. But while rules are rather reactive in nature and force drivers to drive safely to avoid punishment, a proactive approach in helping drivers adopt safe habits is necessary.

Fleet Telematics: These systems gather high-volume vehicle or equipment data to learn about fleet operations and driver behaviors. The technology offers safer driving techniques by coaching or rewarding drivers for good driving habits. Yet, 75% telematics pilot programs fail and never reach full commercial deployments. The time and effort to install and set-up hardware is confusing, and maintenance costs are too high, so the return on investment is never realized.

Big Data: Today’s vehicles are processing up to 25GB of data every hour—that’s equivalent to about a dozen HD movies, which exceeds the storage capacity of most smartphones. This high-volume data is needed to introduce new applications and services to improve the safety, reliability and user-experiences for drivers and equipment operators. Currently, traditional analog gauges are not capable of processing this data and converting it into useful and actionable information to display back to drivers.

Why Use HMIs

The safety features presented below are used to proactively improve driver behavior and to help avoid vehicle accidents.

Adaptive Hierarchy

Andromeda's algorithms prioritize information based on user’s actions to display just the right information at just the right time. For example, vehicle speed takes priority and is easily visible while driving, and fuel level is placed to the right of the screen. When Parked, fuel level takes priority and vehicle speed disappears. This helps reduce the risk of overwhelming the driver with slow changing information during normal operation.


Dwell Governor

To avoid staring at labels on the screen that are not relevant while driving, Andromeda’s software will shrink them over time to minimize driver distraction. For example, the “MPH” label will be obvious at the beginning of the drive, but will shrink or fade away over time. This helps minimize the time to process information that is not important.


Normal

Fade

Disappear

Vehicle-To-Vehicle (V2V)

Within a fleet of vehicles or equipment, wirelessly exchanging information about speed, GPS location, and direction can help prevent accidents. Andromeda’s HMIs take advantage of V2V technology to broadcast and receive messages wirelessly, creating 360-degree awareness of other vehicles in proximity. These messages can be used to determine potential crash threats as they develop and our HMIs can employ visual, tactile and audible alerts-or, a combination of these alerts-to warn drivers.

Approaching Close

Approaching Way Too Close

How It Works

Andromeda’s products consist both of our proprietary HMI displays supported by our software development tools.

Our HMIs, called Intelligent HMIs, integrate easily with vehicle data-sets from Controller Area Networks (CAN) and Dedicated Short-Range Communication (DSRC) in order to access, decode, process and display vehicle or equipment information. Our safety features are easily selectable from our software tools to simplify the development process.


Choose from one of Andromeda's HMIs designed specifically to meet automotive specifications.


Intelli-Gauge 4.2"

Intelli-Cluster 12.1"

Advanced Telematics Display Module 10.4"


Create and Configure the HMI with our Studio Interface Kit.



Launch the HMI and begin the journey towards safer driving.  


Image is a prototype final 

product may vary.

Image is computer generated and final 

product may vary.

Image is a prototype and final 

product may vary.

Final Result

What We Have Accomplished So Far

Commercial electric vehicle and equipment manufacturers in North America.

650+ HMIs sold

$700k revenue to date

Electric Utility Vans & Trucks – Vantage Vehicles


  • HMI dashboard with on-board diagnostics


  • Used on military bases and major University campuses


  • Launched production Q4 '17

Electric Mini Excavators – OSC Inc


  • HMI safety dashboard for equipment operators


  • Used at construction sites powered by lithium battery technology


  • Production launch expected by Q2 '19 (currently in pre-production)

University Sponsorship's

In use by University of Wisconsin’s BadgerLoop for their Hyperloop competition at SpaceX.

HMI used by engineering students at Princeton University for their Formula Hybrid vehicle.

HMI deployed by engineering students at ISU for their solar vehicle at the American Solar Challenge.  

Who Are Our Customers

Our customers range from light duty and specialty vehicle and equipment manufacturers to major mobility platform service providers.

“Andromeda’s HMI was the perfect solution for our company’s display needs. They took us from concept to product quickly and with top notch communication and professionalism.”

Noah Podenlenskly, PhD

CTO @ OSC-GREENMACHINE

“Andromeda Interface’s HMI presents a capable and flexible device at a competitive price. Our project required a completely custom solution which was made possible through their excellent support tools and product.”

Simon Dowson

President @ Delta-Motorsport

Articles

Published articles and interview on effective applications for HMIs used on electric vehicles (EVs), battery management systems and autonomous vehicles.

Robots But Not as We Know Them Jim!

by TU-Automotive

Posted September 11, 2018

Exploration of what robots should, and shouldn’t, look like in an automotive HMI future. Whether visual, such as displays and other graphics, or aural, voice-controlled assistants like Amazon’s Alexa, Apple’s Siri, Microsoft’s Cortana and Google’s Assistant, consumers appear to want an experience that is advanced yet inviting. However, if it’s too human-like, research shows it can make users somewhat uneasy. Yet, should the vehicle appear too robotic, driverless cars might be less appealing or, at the very least, less immersive. It’s a balancing act, to be certain, one that will require years of refinement as automobiles become more autonomous.


Full Article >>

Human-machine Interface Experts on the Nuances of Displaying and Interacting with EV Data

by Andromeda Interfaces

Posted July 22, 2015

Few have been working on human-machine interface (HMI) design for EV drivetrains as long as Brian Gallagher and Kevin Coelho. In 2007, Gallagher joined the startup Aptera Motors as employee number three. Shortly after, Coelho joined him as the seventh addition to the California company, which was building ultra-efficient three-wheeled electric vehicles.


Full Article >>

Human-machine Interface for Battery Management Systems

by Andromeda Interfaces

Posted January 20, 2014

The amount of cell data being provided by the BMS is comprehensive and becomes quite a challenge to troubleshoot in the event that an issue arises. The question is: How can we successfully translate the data into a form that technicians and engineers can use to diagnose or test battery packs easily?


Full Article >>

Market Opportunity

Both major and commercial vehicle manufacturers are transitioning to digital instrument clusters, which are driven by the increasing sales of electric vehicles and luxury vehicles globally. The increasing demand for safety, convenience, and comfort is also expected to boost the digital instrument cluster market.

Digital Instrument Cluster Market for Automotive Worth 6.60 Billion USD by 2025 Source:

How We Profit

We operate a business-to-business (B2B) model. Today, our HMIs are sold directly to Original Equipment Manufacturers (OEMs). We supply them HMI hardware with software installed.

Why We Are Raising Money

Since we founded the company, investment was made from the founders. While our initial investment allowed us to get the company from concept to a minimum viable product and generate some revenue, it has consistently limited our ability to accelerate our growth. In fact, our company operates without any marketing or sales staff to promote our products since we have never been in a position to make key investments in those areas. We held off on outside fundraises until a product and market fit was well-defined for our technology.

 

In 2018, we were able to secure our first OEM contract and launched our first generation HMI into production. However, there is a sweet spot in pricing with our target customers and we believe meeting those prices will enable us to scale our business. In the beginning of 2019, we are expecting to launch our Intelligent HMI hardware with an initial release of Intelli-Gauge. Intelli-Gauge will be competitively priced against traditional analog instrumentation. This will enable us to expand more quickly to customers who are cost conscious of increasing their bill or materials with newer technology. To execute our new pricing capability and growth plan, we have decided to execute our first fund raising round of $106,999. If we reach this goal, and  there seems to be interest, we are likely to increase our offering maximum amount to $1,070,000. If we are successful, we believe this will be enough capital to fully operate our business.


We intend to invest these funds in three ways:


  1. Execute aggressive marketing push in 2019 to raise awareness and with the goal to convert sales from larger OEM contracts
  2. Support volume manufacturing to scale our products 
  3. Provide working capital to support sales growth 


Marketing Push

In 2015, we launched our first coordinated marketing campaign. This campaign was successful in raising awareness about the NEED for our product category. It also introduced our minimum viable product to early adopters and converted sales for the Company. We learned a lot from this marketing campaign and its effectiveness attracting our early customers, which helped define our business model for our products. We intend to budget  up to $275,000 to build upon these marketing efforts throughout 2019 to drive continued growth. Specifically, we intend to expand upon the digital media efforts that produced the best results, make additional improvements to our website, and explore highly targeted trade-shows within our market segments.

Manufacturing

We believe it is critical for us to offer the correct mass market price in order to replace antiquated instrumentation with our next generation displays. We intend to invest up to $250,000 to support achieving those price targets throughout 2018-2019. The allocation of this spending will focus on validating contract manufacturers who can scale our products and maintain our quality standards.


Working Capital

As we grow we will need to invest additional funds into working capital. Once we are able to access further bank financing, we will free up this cash by borrowing against our receivables and inventory and support our working capital needs through debt. We expect that transition to start at the beginning of 2019. Until then, we plan to allocate up to $475,000 from the proceeds from this fundraise towards our working capital.


Future Funding Requirements

We anticipate the growth of our company to require additional financing in the future. We do not intend to start another round of equity financing until we have secured more OEM contracts and reached our revenue goals. The next round of equity financing will enable us to build out our software services platform to generate recurring revenue from HMI displays already in use by our customers, and to accelerate the adoption of next generation instrumentation to improve safer driving for people.


Offering Summary

Maximum 71,333 shares of Class B Common Stock ($106,999.50)

*Maximum subject to adjustment for bonus shares. See 10% Bonus below

Minimum 6,666 shares of Class B Common Stock ($9,999)


Company
Andromeda Interfaces, Inc.
 

Corporate Address
3402 Piazza De Oro Way STE 100, Oceanside, CA 92056
 

Description of Business
Andromeda Interfaces provides next generation vehicle instrumentation to improve driver safety and worker productivity for commercial vehicle original equipment manufacturers (OEMs). 
 

Type of Security Offered
Class B Common Stock (Non-Voting)
 
Purchase Price of Security Offered
$1.50
 

Minimum Investment Amount (per investor) 
$285











The 10% Bonus for StartEngine Shareholders

Andromeda Interfaces, Inc. will offer 10% additional bonus shares for all investments that are committed, within 24 hours of this offering going live, by StartEngine Crowdfunding Inc. shareholders who invested over  $1,000 in the StartEngine Reg A offering which closed earlier this year.

StartEngine shareholders who invested $1,000 or more in that StartEngine Reg A offering will receive a 10% bonus on this offering within a 24-hour window of this offering’s launch date.  This means you will receive a bonus for any shares you purchase.  For example, if you buy 100 shares of Non-Voting Class B Common Stock at $1.50 / share, you will receive 110 Non-Voting Class B Common Stock, meaning you'll own 110 shares for $150.   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 for one year from the time StartEngine Crowdfunding Inc. investors received their countersigned StartEngine Crowdfunding Inc. subscription agreement.

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 and salary made to one's self, outstanding shareholder loans, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$12,641.00 USD
$19,410.00 USD
Cash And Cash Equivalents
$10,421.00 USD
$16,471.00 USD
Accounts Receivable
$1,341.00 USD
$10.00 USD
Short Term Debt
$0.00 USD
$29,012.00 USD
Long Term Debt
$48,410.00 USD
$58,870.00 USD
Revenues And Sales
$252,238.00 USD
$211,485.00 USD
Costs Of Goods Sold
$29,947.00 USD
$52,225.00 USD
Taxes Paid
$6,929.00 USD
$2,839.00 USD
Net Income
$64,565.00 USD
$57,612.00 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

Intelli-Gauge Product Demonstration

6 days ago

Intelli-Gauge is Awake!

18 days ago

IG's power rails all checked out on the prototypes and we successfully loaded our kernel with a custom splash screen.

We will spend next week testing and verifying IG's low-level software drivers and application user-interface code. I believe a video demonstration is in order if all goes well next week. 

Don't forget to "Invest" if you have not already done so, and we look forward to keeping everyone updated of our progress.

Intelli-Gauge Prototypes

26 days ago

A set of Intelli-Gauge’s prototypes have arrived and we are excited to get them assembled and powered on for testing and validation. 

Here are some specifications of the components shown below:

Display – Optically bonded soda lime glass on Sharp 4.2” LCD display

Electronics – 4 layer board using 32-bit NXP processor and automotive grade surface mount components

Enclosure -  Aluminum material and designed to meet IP67 rating for water immersion


How IG Comes Together


The next set of tasks are to verify each of IG's power rails to successfully power it on. If there are no hiccups we will proceed to load IG's kernel and application software. Stay tuned for next week's update.

If  you have not already done so, please make sure to click the "Invest" button and help Andromeda bring Intelli-Gauge to customers.

Ping pong or Revenue?

about 1 month ago

We are fresh into the new year and our first generation HMIs continue taking priority over our ping pong time.

We are half way to reaching our minimum financial goal. If you have not finished your investment, make sure to do so!

Hello from Andromeda

about 1 month ago

Andromeda is officially launched and we are off to a good start. We would like to thank our early-bird investors and future investors in advance. Make sure to invest while there is still time, and share our story with your friends.

Welcome to the Andromeda team! 


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