Alfadan, Inc. offering is now closed and is no longer accepting investments.

INVEST IN ALFADAN, INC. TODAY!

Re-defining the outboard engine

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.

This Reg A+ offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Alfadan, Inc.

$711,571.80 Raised

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.


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.

How we are different


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 business model


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


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.


OUR Team


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.


our traction


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.

why invest


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.






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. 

Code View

ABOUT

HEADQUARTERS

3350 SW 139 Ave
Miramar, FL 33027
VALUATION

$32.6M
PREVIOUSLY CROWDFUNDED

$1M

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.

TEAM

 Alberto Araujo
Alberto Araujo
Chief Executive Officer

Mr. Araujo founded and has served as the CEO of the Company since October 2017. From 1989 to 2017, Mr. Araujo served as the President of Amtech Industries Inc, an entity which he also founded, which specialized in the field of manufacturing and sales of natural stone products. From 1993 to 2002, Mr. Araujo served as the Founding Partner and Vice President of R.A. Microjets Inc., where he headed the (a) research and development of the first miniature gas turbines used on military UAV’s and RC jet aircraft; and (b) CAD design and manufacturing of all engine parts, QA and final engine assembly and testing. Previous to that Mr. Araujo served as a Maintenance Manager at Eastern Airlines, where he managed C and D checks on commercial aircraft, as a founder and CEO of an entity which specialized in the field of non-destructive testing of large commercial aircraft engines, and as an FAA certified disassembly and assembly aircraft turbine engine mechanic and surveillance inspector. Mr. Araujo obtained a BS in Aviation Maintenance Management from Embry Riddle Aeronautical University and has obtained FAA Airframe and Power plant license certifications.

Omar Jimenez
Omar Jimenez
President and Chief Operating Officer

Mr. Jimenez is a seasoned operationally oriented executive with multi-industry experience in building, strengthening, and leading public and private companies that were in various degrees of corporate maturity including start-up, stable, high growth, or turnaround situations. From November 1, 2015, through February 1, 2020, Mr. Jimenez served as Chief Operating Officer and Chief Financial Officer for a public technology development company and he has held a variety of senior management positions during his career including President of a public high-end real estate development company for five years and President of a public leisure and business travel company for five years. Mr. Jimenez holds two B.B.A. degrees from the University of Miami and an M.B.A. degree from Florida International University.

TERMS

Alfadan, Inc.
Overview
PRICE PER SHARE
$2
DEADLINE
Apr 12, 2022
VALUATION
$32.6M
AMOUNT RAISED
$711,571.80
Breakdown
MIN INVESTMENT
$500.00
MAX INVESTMENT
$2,000,000.00
MIN NUMBER OF SHARES OFFERED
250
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
3,387,500

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Alfadan, Inc.

Corporate Address

:

3350 SW 139 Ave, Miramar, FL 33027

Offering Minimum

:

$500.00

Offering Maximum

:

$6,775,000.00

Minimum Investment Amount

(per investor)

:

$500.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

250

Maximum Number of Shares Offered

:

3,387,500

Price per Share

:

$2.00

Pre-Money Valuation

:

$32,596,412.00











ALL UPDATES

04.12.22

Act Now! Last Day to Invest!

Dear Friends and Investors,


We are on the last day of our Reg A+ campaign and are very excited about all of the momentum we have received to date. The good news is, there is still time for you to invest, but you’ll need to act quickly to receive shares at the current price and valuation. 


Please click here to invest for the first time, or increase your current position in our company.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion

04.11.22

Our Reg A+ is Closing Soon! Here’s Why We Doubled Down on an Inline Four Cylinder Engine Design

Dear Friends and Investors,


One of the most common questions we are asked is centered around why we decided to focus on an inline four cylinder engine design. There are many engine designs that have historical proof, and many others that are overly-optimistic and complex. We believe that with our i4 engine design, we solve a key problem with traditional four cylinder inlines known as secondary imbalance.


Albert Araujo - CEO and founder of Alfadan - shares more details in this short video:


https://youtu.be/QwwlHjTM1UA 


There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.




04.10.22

Our Reg A+ is Closing Soon! Here Is Why Weight Reduction Is Critical To Our Design

Dear Friends and Investors,


Our mission is to deliver and manufacture outboard engines that deliver better performance, less fuel consumption, and a much lower cost of operation in comparison to existing engines on the market. We have many components in our design that will help us achieve this, but a critical area of focus is weight reduction.


Albert Araujo - Alfadan’s CEO and founder - explains how Alfadan is able to accomplish weight reduction in a complex engine design in this short video:


https://youtu.be/R3MZ5z9QQPk 


There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.


04.10.22

Our Offering is Days Away From Closing! Why our i4 Engine Is Different in the Market

Dear Friends and Investors,


For over 100 years,  inline four cylinder engines have had a major issue with the secondary balance, which has plagued this design for over 100 years. Our high performance four cylinder engines are meticulously designed to produce greater horsepower, greater efficiency and the best power to weight ratio when compared to all other outboard marine engines.


Albert Araujo, Alfadan’s CEO and founder, explains in this short video:


https://youtu.be/H217NtqR0_w 


There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.

04.09.22

Few days left to invest! Learn About Our Engine’s Anticipated Fuel Efficiency

Dear Friends and Investors,


As some of you may appreciate, a standard boat usually gets around 3 miles per gallon at MAX RPMs on average. However, the mileage can vary from as low as 0.5 mpg (or less) to as high as 3 mpg (or more) depending on the weather condition, boat’s weight, boat’s condition, RPMs, and most importantly, the boat's engine type. 


Albert Araujo- founder and CEO of Alfadan - shares how Alfdan’s inline four cylinder engine will produce greater fuel efficiency in this short video:


https://youtu.be/5ytpJOwph5o 


There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.




04.08.22

Our Reg A+ is Closing Soon! Learn Everything About Who We Are and Why You Should Invest

Dear Friends and Investors,


Our campaign has received a lot of traction in the past few weeks and we understand that many of you may not have had a chance to learn more about our company. In the short video below, you will learn more about our team and our mission to deliver a marine specific outboard engine that we believe to be a paradigm shifting product in today’s market. 


https://youtu.be/R3MZ5z9QQPk 


We have partnered with some of the industry’s largest names, including Mahle Powertrain and Latham Marine, to help us manufacture and bring our design to life. It’s an exciting time to invest! If you see the value that Alfadan will bring to the table, invest today. Our campaign will not be open for much longer and we expect our valuation to rise as we continue our progress towards a one-of-a-kind design.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.


04.07.22

Our Reg A+ is Closing Soon! Here’s How Simple Our Service Model Is

Dear Friends and Investors,


While our marine outboard engine design may be quite niche in comparison to the broader market, we envision our service model to be very accessible. Engineers and mechanics who have worked on outboard or inboard engines will be able to work on Alfadan engines, and we also envision giving our customers a parts kit to help service the engine directly. 


Albert Araujo, CEO and founder of Alfdan, explains in this short video:


https://youtu.be/5QlAdOo1nVE 


There’s limited time left to invest in this Reg A+ offering, and every bit of support is critical to our mission. We encourage you to consider increasing your shares, or investing for the first time here.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.

04.06.22

Our Reg A+ is Closing Soon! What We Have Could Be Better Than A Prototype

Title: Our Reg A+ is Closing Soon! What We Have Could Be Better Than A Prototype


Body: 


Dear Friends and Investors,


With our campaign coming to an end in the coming weeks, we wanted to give you an understanding of what our design process and manufacturing consists of. We are extremely excited and motivated to work with our partners at Mahle Powertrain and Latham Marine to bring the vision of this outboard engine to life.


Albert Araujo, CEO and Founder of Alfadan shares details regarding the developmental stages we intend to prioritize in this short video:


https://youtu.be/R-iVDbxOUcE 


There’s limited time left to invest in this Reg A+ offering, and every bit of support is critical to our mission. We encourage you to consider increasing your shares, or investing for the first time here.




This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.



04.04.22

TECHNOLOGY vs RELIABILITY

Dear Friends and Investors,


Without a doubt, technology has helped outboard engines and manufacturers establish groundbreaking positions in the market. At Alfadan, we do not underestimate the value that these ever-changing technologies can bring. 


A lot of people wonder if our engine design will be the most technologically-advanced outboard on the market. Our CEO, Albert Araujo explains the envisioned balance between technology with reliability in this short video:


https://youtu.be/1BzFUJILIzk  


There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.Title: Limited Time Left to Invest! How Alfadan Balances Technology With Reliability






04.02.22

Our Offering is Closing Soon! These Are The Key Components of Our Engine Design

Title: Our Offering is Closing Soon! These Are The Key Components of Our Engine Design


Body: 


Dear Friends and Investors,


As many members of the boating industry may appreciate, manufacturing a reliable engine that’s both powerful and simple in design is often easier said than done. At Alfadan, we have considered every detail possible that will help us achieve an outboard engine that is both reliable and simple by focusing on two key components: the mid-section and the lower unit.


Albert Araujo, Founder and CEO of Alfadan, shares more details about the constructs of these components in this short video:


https://youtu.be/LuaIMnAZEoo 


There’s limited time left to invest in our current offering and valuation. Consider increasing your shares, or investing for the first time here.


This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.  In addition, as described in the Offering Circular (link), the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.




REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Alfadan, Inc..

$500.00

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.

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Cancel anytime before 48 hours before a rolling close or the offering end date.

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PREVIOUSLY CROWDFUNDED
$1,063,180.00
RAISED
$711,571.80
INVESTORS
619
MIN INVEST
$500.00
VALUATION
$32.6M

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