The GACW offering is now closed and is no longer accepting investments.

GACW

Greentech Rolling Forward

GACW

Greentech Rolling Forward

Chandler, AZ
Transportation
GACW INCORPORATED, based in Phoenix, Arizona, has literally reinvented the wheel by introducing an eco-friendly and cost efficient alternative to the extremely pollutive rubber tire. Our patented Air Suspension Wheel (ASW) is an airless mechanical wheel constructed primarily of steel with in-wheel pneumatic suspension.

$3,356,169

raised
2,573
Investors
$27.4M
Valuation
$1.75
Price per Share
$248.50
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
0
Days Left

$3,356,169

raised
2,573
Investors
$27.4M
Valuation
$1.75
Price per Share
$248.50
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
0
Days Left
This offering ended on April 09, 2022 and is no longer accepting investments.

Reasons to Invest

Patented, green technology that provides a cost effective alternative to rubber tires.
The overall global tire market is projected to reach $322 billion by 2022. Near term commercialization into an expected $30 billion Off-The-Road (OTR) market, with potential adoption into other industries such as construction, agriculture, forestry, automotive, trucking, bicycles, wheelchairs, and armored vehicles.
Global miners have completed testing of GACW’s wheel solution with encouraging results. Our solution reduces operating costs, improves safety and creates a better overall environmental footprint. Commercialization roll-out planned for 2022.

*Image of GACW's Air Suspension Wheel. The Company is currently in the pre-production phase, and the Air Suspension Wheel is not currently available on the market.

Overview


A new kind of wheel that ditches dirty rubber

What happens to a tire once it has outlived its usefulness?

Unfortunately, it is often not recycling. Instead, old tires are frequently buried or burned, releasing harmful chemicals and heavy metals into groundwater and air. Tires that end up in landfills waste space and fill up with water that provides breeding grounds for disease-carrying pests such as mosquitoes.

Global Air Cylinder Wheels (GACW) seeks to change all that. Our Air Suspension Wheels reduce the need for dirty rubber by providing a scalable, cost-effective solution designed to last the full lifetime of the vehicle they transport. Better yet, these wheels are 100% recyclable upon their well-earned retirement.

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The Problem


Rubber tires are harmful to the environment, dangerous for workers, and expensive to maintain

An industry that uses and disposes rubber tires at an alarming rate, is the mining industry. With over 35,000 open-pit mines globally, the number of environmentally damaging tires disposed of each year is staggering. A study published in the International Journal of Environmental Research and Public Health, estimated that tires account for as much as 10% of overall microplastic waste in the world’s oceans. A report by the International Union for Conservation of Nature raised that number to 28%.

One (1) giant rubber Off-The-Road (OTR) mining tire weighing 13,000 lbs contains 500 gallons of renewable blend oil, 4,000 pounds of carbon black, 2,000 pounds of steel, and over 3 million cu. ft. of synthetic gas (Titan International, June 2014). At the end of its useful life, the tire is disposed of on-site, repurposed or buried because recycling is often too expensive. A report by Tyre Stewardship Australia produced in June 2020 found that 81% of OTR tires are disposed of onsite at the end of their lifetime.

Rubber tires are expensive

Tires are the mining industry’s largest expense after payroll. Rapid wear and tear caused by impacts, rock cuts, and extreme and uneven loading means the lifespan of an expensive mining tire is short. Mining companies are forced to use “Band-Aid” solutions such as patch up repairs, tire pressure monitoring, tire retreading, tire cooling systems, and tire rotation to extend the tire’s useful life. One (1) 13,000 lb. OTR mining tire can cost over $75,000 and only lasts six to nine months. That is a large expense for a product that does not last. 


Rubber tires are safety hazard

Beyond these serious environmental and budget concerns, off-the-road mining tires represent a huge safety problem for maintenance crews due to potential explosions from overheating, improper inflation or installation, and lightning strikes. Overheating is the most critical operational issue facing rubber tires. Rubber is an amazing insulator, so when it heats up, if the heat is not dissipated, it builds up, increasing the tire’s pressure and becomes an immense safety problem. When explosions do occur, they are often fatal with blast areas up to 400 meters. 

The Solution


A wheel that is an eco-friendly capital asset rather than an expensive, polluting consumable

The Air Suspension Wheel (ASW) is an eco-friendly solution constructed almost entirely of steel. No more overheating tires, no more explosions.


It is an airless mechanical wheel that combines an inner steel hub with an outer steel drum, which are connected by twelve nitrogen filled cylinders and six oil dampers, providing suspension. Customized polyurethane or steel tread configurations are bolted to the outer drum in segments. These individual treads can be replaced without removing the wheel, a lengthy process that takes up to eight (8) hours with a rubber tire.

*Image of GACW's Air Suspension Wheel. The Company is currently in the pre-production phase, and the Air Suspension Wheel is not currently available on the market.

The ASW is a product designed to have the same lifespan as the vehicle itself (approximately 20 years), meaning fewer replacement costs and less time spent swapping out damaged tires. The ASW can become part of the vehicle and has the potential to become a capital asset. Unlike tires, the ASWs can be leased, with a 15% residual value after 10 years of service. Beyond that, they can be refurbished and leased again.

And at the end of its life, the ASW is fully recyclable.

What We Do


The ASW is so much more than just another wheel

As opposed to the traditional pneumatic tire providing suspension outside the rim, the ASW suspension is located inside the wheel. Essentially, our wheels become part of the vehicle's overall suspension system. 

*Image of GACW's Air Suspension Wheel. The Company is currently in the pre-production phase, and the Air Suspension Wheel is not currently available on the market.

Benefits:

  • Up to 30% reduced rolling resistance, reducing CO2 and NOX emissions, and making electrical cars go farther

  • Saves at least 8% fuel

  • Up to 40% higher payload capacity

  • Durable and heat resistant, reduces downtime caused by tire failure and replacement 

  • No risk of explosion = safer 

  • No need for tire pressure and temperature checks 

  • Self-aligning, self-balancing, no wheel rotation necessary 

  • Reduces cost per hour/mile by up to 60% 

  • Functions as a flexible torque coupler 

  • Easy installation requiring no specialized equipment and individually replaceable treads do not require wheel removal 

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*Image of GACW's Air Suspension Wheel. The Company is currently in the pre-production phase, and the Air Suspension Wheel is not currently available on the market.

The Market


A growing industry with applications in both Off-The-Road and over-the-road market segments

GACW’s focus is catering to the demand from miners seeking viable tire solutions and it is a substantial market for us. The global OTR tire market is estimated to reach $30 billion in 2022.  However, the ASW technology can be applied to all verticals where traditional rubber tires are used, and this market is immense. The overall global tire market is anticipated to reach $322 billion by 2022 with a projected CAGR of 8.4%.

Source

Our Traction


The Air Suspension Wheels are gaining the traction we need to thrust us into the main market

From 2016-2020, our patented technology underwent multiple rounds of field testing with global mining companies with progressively positive results. The data ASW obtained showed lower operating costs, improved safety and a better overall environmental footprint. The testing also brought the ASW to Technology Readiness Level (TRL) 8, a NASA-developed measurement of technology maturity. TRL 9 is a commercially ready product. 


This success caught the attention of additional international Tier 1 mining companies, and we are now working with our global manufacturing partner, OTR Wheel Engineering to complete wheel designs for multiple trucks and loaders.  

We have raised approximately $3 million, created an experienced Board of Directors and formed a first-class Advisory Board. Additionally, we have entered a project agreement with a global over-the-road rim manufacturer for ASW testing in commercial trucks and cars. 

 

The ASW technology has a strong patent portfolio with one granted, with 16 patents pending. 

The Business Model


Large purchase orders are expected to create our revenue streams

Direct Sales

  • Our flagship product, the mining ASW, is currently able to be produced with 16% gross margins. According to our fabrication partner, we expect production costs to decline by up to 20%, creating future gross margins of 31%.   

  • GACW orders will be for trucks and loader wheels. Loaders have four wheels and trucks have six, generating respective revenues of $600,000 per loader and $660,000 per truck. As a typical mine has 60 vehicles requiring 480 tires at $60,000 per tire initial fleet orders could reach in excess of  $20 million for a single mine. 

Other Forms of Expected Revenue

  • Recurring revenue from tread replacement

  • Licensing and royalty agreements     

How We Are Different


We remain unconstrained by size, speed, or payload

Twenty years ago, a 100-ton truck was standard. These days, though, trucks can have up to 450-ton payload. As these vehicles have grown, traditional tires have reached the outer bounds of their abilities to scale up.  

*Image of GACW's Air Suspension Wheel. The Company is currently in the pre-production phase, and the Air Suspension Wheel is not currently available on the market.

The ASW, on the other hand, is totally scalable. And although we do have some competition within smaller wheels, we currently have no direct competitors in the OTR tire market for mining and construction operations, which we are already in the process of penetrating.

The Vision


Fully commercialized within two years

This year (2021) we expect to see several purchase orders for ASW testing that will begin in August-September. The evaluation period is set at 3-12 months. 

In 2022, we plan to start ramping up production of ASWs with our partner, OTR Wheel Engineering. We might contemplate an IPO in the next few years.  

*Image of GACW's Air Suspension Wheel. The Company is currently in the pre-production phase, and the Air Suspension Wheel is not currently available on the market.

By 2023, we anticipate the ASW will be fully commercialized with rapid adoption into mining fleets. At this point, our plan is to expand our distribution network and really start taking the tire industry by storm.     

OUR LEADERSHIP


Industry insiders with centuries of combined experience

Dr. Zoltan Kemeny, President, CEO, Treasurer and Director - Acknowledged expert in vehicle dynamics with over 44 years of experience in R&D and engineering. Owns and co-owns over 250 patents and  Built up four startups and exited with success.  Holds degrees in structural dynamics engineering, architecture, and seismology. 

Harmen van Kamp - SVP, Global Sales and Director - Sales professional with over 15 years of experience in sales and business development. Worked in various sectors including mining, heavy machinery, FMCG, and agricultural technology.

Mark Keenan - Non-executive Board Member - Co-founder and Chairman of KHS&S, one of the largest design-assist building companies in the world. More than 35 years of experience performing nearly every facet of construction, ranging from field operations supervision to senior executive management. 

Tim Norris - Business Development Manager - Accomplished Senior Account Manager and Product Development Specialist with over 20 years of domestic and international experience in sales, management, business development, and operations. Extensive experience in the commercial tire, material handling, and mining industry. 

Tim Bromelkamp - Government Business Development Consultant - An experienced business development consultant who has helped position businesses and other organizations to sell their products or services to the U.S. Department of Defense, other federal agencies, and industry.

Marc Hellmann - Advisory Board Member - Marc Hellmann is the CEO of HANSA-FLEX South Africa, a division of HANSA-FLEX International, Germany. The group’s business activities span 40 countries worldwide and specialize in Fluid Technology. Marc is a global entrepreneur and businessman currently serving on the Board of Directors of various companies throughout the U.S., Africa, Germany and Australia.   

Dr. Avi Wiezel - Advisory Board Member - Avi Wiezel currently serves as the assistant dean at Ira A. Fulton Schools of Engineering (Arizona State University) and is an associate professor in the School of Sustainable Engineering. Dr. Wiezel held several managerial positions within construction and engineering firms throughout Europe and the Middle East.  

Why Invest


Help us make the entire tire industry better

Many industries operate under status quo, resistant to change.  Companies that are reluctant to innovate will not survive. Those companies that do adopt new technologies and embrace innovation will prosper. Tire use and its negative environmental impact will change inevitably. Governments are starting to mandate change on tire disposal and this is already accelerating our technology’s adaptation into the market. 

Our Air Suspension Wheels are an effective and viable option to rubber tires.  They are cost efficient, safer and are better for the environment and those industries that rely on it.


Isn’t that the kind of change you want to see in technology? 

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 EVENTS.

GACW 17b Disclosure

2019-2020 Financials

Quick Insert

Offering Summary


Company

:

GACW Incorporated

Corporate Address

:

3110 West Ray Road, Suite 201, Chandler, AZ 85226

Offering Minimum

:

$9,999.50

Offering Maximum

:

$4,999,998.50

Minimum Investment Amount

(per investor)

:

$248.50











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

5,714

Maximum Number of Shares Offered

:

2,857,142

Price per Share

:

$1.75

Pre-Money Valuation

:

$27,409,856.25











*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Voting Rights of Securities Sold in this Offering

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.

Investment Incentives*

Time-Based

Friends and Family - First 48 hours | 15% bonus shares

Super Early Bird - Next 5 days | 10% bonus

Early Bird Bonus - Next 7 days | 5% bonus shares

Amount Based:

• USD 5,000 investment, 5% bonus shares 

• USD 10,000 Investment, 7% bonus shares

• USD 20,000 Investment, 10% bonus shares

• USD 50,000 Investment, 12% bonus shares

• USD 100,000 Investment, 15% bonus shares

*All perks occur when the offering is completed.

The 10% StartEngine Owners’ Bonus

Global Air Cylinder Wheels 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 $1.75/ share, you will receive and own 110 shares for $175. 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 investors 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: Salary payments made to one’s self, a friend or relative. Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$470,827.00 USD
$13,199.00 USD
Cash And Cash Equivalents
$37,310.00 USD
$13,199.00 USD
Accounts Receivable
$40,548.00 USD
$0.00 USD
Short Term Debt
$323,180.00 USD
$739,071.00 USD
Long Term Debt
$1,389,716.00 USD
$1,000,000.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$1,942,347.00 USD
-$1,174,321.00 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

Page moved!

about 2 months ago

Investors and Followers,


We would like to advise you that the page has been moved to the following URL: www.startengine.com/gacwOLD. We will have exciting news to announce soon! 


Team GACW

Closing of the campaign, further communication

2 months ago

We would like to thank all the investors, followers, and other interested parties for this very successful campaign and your support! We will open a direct email address for direct communication for you. However, we will also keep you up to date through regular updates on www.startengine.com/gacw, which will stay active.

 

Segmented ASW for even larger vehicles

3 months ago

Many have asked us about the size limitations of the ASW. In the future, the ASW can be designed for trucks that are much larger than currently exist. The main limitation for vehicles at the moment, is the limited payload capacity and the size of the inflated tires. Since the ASW is a mechanical wheel, it can be shipped in segments. This will allow for much larger wheel sizes than currently available. Additionally, the shipping can be done in much smaller containers, making it possible to deliver the ASWs in the most remote places even. Here is a sneak peek of that design:


(Shown here with steel treads but can be made with any tread configuration)

  

Trial CAT 793 (40.00R57)

3 months ago

GACW would like to advise that we are offering a trial for a CAT 793 ASW (40.00R57 size) to a limited number of global mining companies. We will be able to support this trial with the extra investment that has been coming in. 

The CAT 793 is a truck with six wheel positions and, with its 256t payload capacity, one of the most populous trucks in the mining industry. GACW believes that this is the natural next step forward in the development for mining vehicles.

In contrast to rubber tires, the larger the wheel size, the less challenging the design is for the engineers because there is far more space (particularly the width) to accommodate the cylinders.

40.00R57 ASW design (no side cover shown)




>USD 3,100,000 in Committed Investment Made!

3 months ago

>USD 3,100,000 in Committed Investment Made!

3 months ago

First time you see this? Last chance to invest!

3 months ago

FOMO? | Best medicine is to invest! |

3 months ago

Last 3 days of the Star Engine Campaign | Invest in GACW |

3 months ago

Only four (4) days left | Invest in GACW | Now or never!

3 months ago

Patent Update!

3 months ago

Having a well protected IP portfolio is absolutely crucial. The biggest value of GACW at the moment are the patents as we are working our way through the final stages of R&D. GACW has engaged with the best in class lawyers in the field of engineering to protect the Air Suspension Wheel design.

Allen, Dyer, Doppelt, and Gilchrist are among the very best patent lawyers in the USA and have won multiple awards along the way. Please check them out here: https://allendyer.com/

We are pleased to announce that the ASW has been issued yet another patent. You can check this on the PTO website: https://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=11,279,170.PN.&OS=PN/11,279,170&RS=PN/11,279,170

International filings are being processed as well!


Drum Crusher Cylinders

3 months ago

CT Hydraulics (http://cthydraulics.co.za/), our cylinder OEM, finalized the bi-directional cylinders for the drum crusher last week. Each cylinder has been individually pressure checked before shipping. CT Hydraulics also proved a pressurizing manifold system that allows for up to twelve cylinder chambers to be pressurized at the same time with the exact same pressure. 

They also include a very detailed instruction manual and video for installation that will be incorporated into the ASW's manual made by OTR Wheel. 

Individually pressure tested.


Ready to go!

Drum Crusher Update

3 months ago


Outer drums for the Crusher ASWs have been machined and welded! The PU strips are being flown in from the USA for epoxy bonding onto the outer drum. The cylinders are on a ship heading to Singapore already. We have started to work on the installation and maintenance manuals.  



The opportunity is coming to an end!

3 months ago

After a far beyond expectations campaign, GACW has decided to close the campaign in the next 14 days. A big thank you to all of you for supporting the raise and we will keep on updating on the developments!

We are also very grateful for the opportunity that the Start Engine team has given GACW. They have been very supportive and helpful setting this all up.

Here is the latest picture of the 994 wheel (they are BIG! for reference, those are R63 rims behind them), waiting for the treaded shoes and cylinders: 


Another ASW-on-Wheelchair Video

4 months ago


Traction in Gravel with the ASW

This is one of the best videos to show how the ASW is so much different than rubber tires. Weight distribution, reduced rolling resistance, flexible torque coupler, smaller contact patch area, free floating hub, and more. Here you can clearly see what this means in practical use.

A personal friend of Zoltan, Dr. Avi Wiezel (ASU), is behind the camera! He has helped GACW with advise on many occasions and continues to support the technology.

Two Professors, Two Wheelchairs

4 months ago



Two Professors, Two Wheelchairs

This was the first proof of concept for the ASW technology. It clearly shows how the (in-wheel) redistribution of the weight makes a big difference in the performance of the "vehicle". With very little adaptation this ASW can be made for bicycles.

ASW for wheelchairs and beyond

4 months ago


Many people always wonder about the different applications for the Air Suspension Wheel. The technology is not limited by size, speed or payload which means that the wheels can be made for wheelchairs, bicycles, cars, buses, trucks, ATV, construction vehicles, and many more. 

E.g. having the ASW on EV cars will extend the range of the car because of the reduced rolling resistance!

The ASW on a Wheelchair


One of the very first prototypes of the ASW for a car/SUV. GACW is focusing on the OTR market, however there are many other verticals to explore and to license. 


Drum Crusher - update

4 months ago


The Drum Crusher ASWs have been machined. The cylinders are going to be shipped for assembly very soon. The strip treads are on their way. All on time and according the Gantt chart.


CAT 994 update - The welding of the smaller part has begun!

4 months ago

Notice of Funds Disbursement

4 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, GACW has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GACW be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Pre assembly parts for the cylinders by CT Hydraulics

5 months ago

Cylinder heads pre-welding.

Other subcomponents before complete cylinder assembly.

Notice of Material Change in Offering

5 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the GACW offering. Here's an excerpt describing the specifics of the change:


Extending Campaign 60 days, Jan Lorant added as a Director, Ross Wert Removed from Page


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Material Change in Offering

5 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the GACW offering. Here's an excerpt describing the specifics of the change:


Extending Campaign 60 days, Jan Lorant added as a Director, Ross Wert Removed from Page


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Cylinders are being machined by CT Hydraulics

5 months ago

Cylinders being machined.

Cylinder heads ready

Parts for the smaller cylinders for the Drum Crusher

So... How big are these ASW for a CAT 994 actually?

5 months ago

To put things in perspective, here an ASW for a CAT 994 loader wheel with some "people" next to it. Overall diameter: 3714 mm or 146.2 inch!

These are really BIG wheels.


(Thank you Robert Burgess for requesting these)

CAT 994 Manufacturing Progress Update

5 months ago

Shiny rims for the CAT 994 ASW! These are the rims that will have the mounting discs welded into. We are discussing with the end-user what the final version of 994 the ASW will be put on as every model has a slightly different mounting disc offset. The benefit of the ASW will be that, in the future, with a small adaptor plate the ASW will be made to fit any model. GACW believes that the ASW will eliminate the need for many slightly different sizes of tires! 

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, GACW has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GACW be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

All Shiny Drum Crusher Wheels

5 months ago

Outer Drum of the Drum Crusher

Inner Rim of the Drum Crusher.


OTR Wheel Engineering has sent the latest pictures of the Drum Crusher ASWs coming together nicely. Next phase are the cylinders that connect the two. More updates to follow soon.

Production progress report

6 months ago


The ASW for a CAT 994 (53.5/80R47) being welded on a jig specially made for it. This wheel will be 4m in overall diameter and 1.4m in width!


Drum Crusher Wheels

6 months ago

The Drum Crusher ASWs are coming together nicely! Manufacturing is on par with the Gantt chart. This is a special application because of the high dynamic load that caused all kinds of issues with the current rubber tires such as overheating, sidewall separations and tires exploding even.

Notice of Funds Disbursement

6 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, GACW has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GACW be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

6 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the GACW offering. Here's an excerpt describing the specifics of the change:


Issuer is increasing offering maximum to $5 million.
2019-2020 Financials


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Free Think Publication

6 months ago

The latest publication about the Air Suspension Wheels:


https://www.freethink.com/environment/steel-tires

Production of four CAT 994 ASW Started!

7 months ago


We are proud to announce the progress on the production of four Air Suspension Wheels for a 994 loader! We thank OTR Wheel Engineering for their continued support.

Notice of Funds Disbursement

7 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, GACW has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GACW be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, GACW has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GACW be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

You can still join the waitlist (if you haven’t already)!

8 months ago

Not sure if you are on the waitlist? Head to your StartEngine dashboard to see if you successfully submitted a reservation. 

Additionally, you can view your investment status, by following these steps:

-Login to your StartEngine account at: www.startengine.com

-Click your name in the top right hand corner

-Click "View My Investments"

Thank you for your support of GACW, Inc.

The Rubber Shortage That’s Making the Auto Industry Nervous

9 months ago

According to Bloomberg, natural rubber shortages threaten the production of tires and car parts. Read more in this article: https://www.bloomberg.com/news/newsletters/2021-04-14/supply-chains-latest-rubber-shortage-worries-the-auto-industry.

 

The Air Suspension Wheel is a great alternative to rubber tires. Our treads last much longer and can be made out of recycled rubber, polyurethane, steel, and many other materials!

Notice of Funds Disbursement

9 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, GACW has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GACW be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Sustainability Magazine highlights GACW's Air Suspension Wheel economic and environmental benefits!

9 months ago

Sustainability Magazine has dedicated a 14-page article to the Air Suspension Wheel (ASW). In comparison to the extremely pollutive rubber OTR tire, the Air Suspension Wheels are environmentally friendly. ASWs last as long as the vehicle itself and are 100% recyclable. Read the 14-page article on the ASW in Sustainability Magazine here: https://sustainabilitymag.com/magazine/sustainability-magazine-sustainability-magazine-september-2021 (page 166-179).

GACW is pleased to announce to have reached the important US$200,000 milestone in Start Engine investments.

9 months ago

We thank all new investors for helping us revolutionize the tire industry.

GACW attends MINExpo in Las Vegas

9 months ago

Global Air Cylinder Wheels attended the MINExpo Convention this week in Las Vegas to meet up with strategic partners and potential clients.  We even had a chance to meet one of our startengine.com investors!

GACW signs new contract

10 months ago

GACW is pleased to announce that a contract was signed with a Tier 1 global mining company. This contract is to initially fit out a CAT 994 loader with the Air Suspension Wheels. Once the Key Performance Indicators are met a complete fleet roll-out may be expected.


GACW Air Suspension Wheel Attracting International Attention

10 months ago

The Mining Industry is starting to recognize how much stronger, safer, more cost effective, and environmentally friendlier the Air Suspension Wheels will be in comparison to rubber OTR tires.

Read the 14 page article (!) on the ASW in the Mining Global Magazine here: https://miningglobal.com/magazine/mining-global-mining-global-magazine-september-2021 


Notice of Funds Disbursement

10 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, GACW has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GACW be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Global Air Cylinder Wheels has raised $100,000 in investments committed in the first twelve days of its StartEngine campaign

10 months ago

Global Air Cylinder Wheels has raised $100,000 in investments committed the first twelve days of its StartEngine campaign; a very important milestone!  

Harmen van Kamp, SVP Global Sales stated “We are thrilled that the StartEngine community is quickly recognizing GACW‘s game changing Air Suspension Wheel delivers unprecedented economic value to our clients  as well as as an environmental solution to eliminate the ecological problem cause by the disposal of rubber tires around the world.”

GACW generating serious interest

10 months ago

GACW is off to a quick start and Start Engine will be featuring GACW this Thursday to their entire community.  The Company is closing in on signing a third purchase order ..... more information soon.

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