INVEST IN HARMONY TURBINES TODAY!
Changing Everything about Wind Turbines
$1,994,120.79 Raised
Reasons to Invest
- With the focus on convenience, ease of use, features and cost - we believe that Harmony Turbines has what it takes to become the next global standard in residential and small-scale wind power generation.
Entering an existing but underdeveloped space, our goal is to be the first to bring wide-scale use of residential and small-scale wind turbines to an estimated $3.46 Billion market.
*This market size is based on internal research of multiple industries.
With increased world awareness of fuel usage and failing power infrastructure, people are looking for additional alternative energy sources. Reliable small-scale wind and solar solutions will be key to this movement worldwide.
OVERVIEW
Finally, small-scale wind turbine systems that make sense
At Harmony Turbines, it's no coincidence that we take inspiration from the Yin and Yang symbol when it comes to our wind turbine technology. That’s because we are founded on the concept of working in a balance with nature - not against it.
*Images are of the prototype of the product. Product is still currently under development
With the focus on convenience, ease of use, features, and cost our goal is to become the next global standard in residential and small-scale wind power generation. We feel our units will not only withstand a greater range of forces from nature, producing full power during high wind events, but that they will do it in style, being beautiful, silent in operation, and posing no danger to people or wildlife.
With our intuitive and affordable technology, Harmony Turbines is here to redevelop small-scale wind turbines from the ground up. We are currently in the prototyping stage of development.
*Video is of the prototypes of the product. Product is still currently under development
The Problem & our Solution
Aiming to make wind power accessible to everyone around the world
We see ourselves as the “smartphone” of small-scale and residential wind turbines in an age where everyone else is still in the suitcase and bag-phone era, severely outdated!
Current residential wind turbines tend to be incredibly expensive, ugly, noisy, and prone to destruction in severe weather. Not only do we think Harmony Turbines will be a more affordable, quieter, and sleeker solution, but our new furling technology will protect our units in high winds that shut down or destroy competing technologies.
*Video is of the prototype of the product. Product is still currently under development
What makes us unique are our patented furling system protecting our turbines while producing full power through high winds and our variable air-gap axial flux generator design, which allows our turbines to self-start at very low wind speeds and produce high power output at low RPMs.
*Video is of the prototype of the product. Product is still currently under development
The MARKET & Our Traction
In the U.S. alone, we believe we are addressing an estimated $3.46 Billion market
Here’s how we reached that number:
- There are 22.6 Million rural/suburban homes in the U.S., if we have a 3% adoption rate, that represents a $1.7 Billion market (source)
- There are about 11.8 Million recreational boats registered in the U.S., if we have an adoption rate of 5%, that represents a $1.5 Billion market (source).
- There are about 11 Million recreational vehicles registered in the U.S., if we have a 1% adoption rate, that represents a $275 Million market (source).
*Images are of the prototype of the product and computer renderings. Product is still currently under development
Through our revolutionary turbine technology, we aim to set a new standard in these markets. So far, we feel we are well on our way to bringing about that disruption.
- We raised over $400K in crowdfunding (source)
- With 2 granted patents, we are finalizing our early production designs
- We are partnering with Penn State University, Bucknell University, and Northumbria University for data and analytics reports, by incorporating wind tunnel and water tank testing, computational fluid dynamics (CFD) testing, as well as real-world testing
- We’ve built and outfitted Harmony Turbines Headquarters with equipment that enables us to make most of our own parts and rapidly improve and iterate them as needed
Why invest
We now have the power to change the world
With better battery and storage tech being developed, a new era of decentralized power generation is likely to emerge around the world (source). We believe reliable small-scale wind and solar solutions will be key to this movement, so our timing to introduce Harmony Turbines to the market couldn’t be better.
*Images are of the prototype of the product. Product is still currently under development
Harmony Turbines is planning to incorporate unique features into our products that offer more power and better reliability - giving a potentially better ROI (Return on Investment) over a wider range of wind speeds. Now is the time to invest in sustainable technology making a difference in our society and helping our planet.
Click on the below image to review our frequently asked questions:
ABOUT
HEADQUARTERS
120 N 25th Street Suite 200
Lebanon, PA 17042
WEBSITE
View Site
At Harmony Turbines, we are working to develop leading-edge residential and small-scale wind turbine systems that stand out in the crowd. That’s because our units are beautiful, silent in operation, and safe all around - able to produce full power even during severe weather. We are in our development stage with the hope that this campaign will lead toward starting production.
TEAM
Christopher Moore
President & CEO
Since 2017 he's shifted gears to working with patented technology in an attempt to finally be able to do Clean Energy work full-time as a living. Harmony Turbines Inc is his flagship product toward that amazing goal.
Cheryl Moore
Board Treasurer & Chief Operations Officer
Marsha Moore
Board Secretary
TERMS
Harmony Turbines
Overview
PRICE PER SHARE
$1.07
DEADLINE
Mar 14, 2023
VALUATION
$12.1M
FUNDING GOAL
$10k - $2M
Breakdown
MIN INVESTMENT
$199.02
MAX INVESTMENT
$1,999,999.06
MIN NUMBER OF SHARES OFFERED
9,345
MAX NUMBER OF SHARES OFFERED
1,869,158
OFFERING TYPE
Equity
ASSET TYPE
Preferred Stock
SHARES OFFERED
Preferred Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based
Friend and Family Early Birds
Invest within the first week and receive 5% bonus shares
Early Bird Bonus
Invest within the first three weeks and receive 3% bonus shares.
Amount-Based:
$ 500 | Tier 1
Invest $500+ and receive 2% Bonus Shares.
$ 1,000 | Tier 2
Invest $1,000+ and receive 4% Bonus Shares.
$5,000 | Tier 3
Invest $5,000+ and receive 6% Bonus Shares.
$10,000 | Tier 4
Invest $10,000+ and receive 8% Bonus Shares.
$20,000+ | Tier 5
Invest $20,000+ and receive 10% Bonus Shares.
The 10% StartEngine Owners’ Bonus
Company 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 $1.07 per share, you will receive 110 Common Stock, meaning you’ll own 110 shares for $107. 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 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 receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
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.
ALL UPDATES
05.23.23
The Move Part 1
The end of one Chapter and the beginning of another for us. Moving our entire shop across town to a new location with over 3x the space as well as dedicated offices. We are humbled by your interest, enthusiasm and support!
~The Harmony Turbines Team
04.28.23
April 2023 Update
Hello Harmony Community!
This past month has been very busy for us and filled with excitement. Here's a quick recap of what we've been up to.
Winding down from the campaign: We learned this month that winding down from a crowdfunding campaign requires a lot of extra work, dealing with financial management and government paperwork; we spent more time than expected on these necessary duties but got them done on time.
Generator development: Amidst all the paperwork, we began building our first generator prototype. This is the "secret-sauce" to Harmony and we are not at liberty to share details in full, but we want you to know this work has begun and we are already working on iterations for the next version.
Moving: Remember a month or two ago we announced we would be moving our shop to a new location? Well, the date has been set and we are getting ready. We are waiting for some finishing touches at our new location and will begin packing up next week, with our move scheduled for mid-May. The picture of the new location was taken a few weeks ago, while insulation was being sprayed onto the walls and ceiling. That work has now been completed!
Our new electric installation is also nearly complete. We have 400A of 208v 3-Phase power and over 500A of 480v power available to us once this is finished.
PA Manufacturing Networking: And we even had time for some networking this month. Our partnerships with Bucknell University, Penn State Berks and Northumbria all stemmed from the Manufacturing PA Innovation Program which is a collaboration between PA colleges / universities, the Industrial Resource Centers, and the Department of Community and Economic Development. We were invited to attend their annual Expo and were privileged to join them at the event. Having never set up a Harmony display before, we took this opportunity to debut our booth prowess with a video and some resin-printed miniature versions of Harmony. These displays did not furl or have a generator, but they were used to begin conversations about Harmony and what we're all about. This event gave us the opportunity to engage with our student teams, students and faculty from other PA universities, as well as various local businesses. Here is a team picture (minus Matt who wasn't able to attend that day), and some pictures with our Penn State Berks and Bucknell University teams.
And did you notice, in the team pictures, that we now have some Harmony Turbines apparel? Yes, we've also been working on some really cool accessories. Stay tuned for more information as we unveil our new website and our Harmony Turbines apparel, hopefully in the next month or two!
Thank you for your support and for continuing to follow our journey!
~The Harmony Turbines Team
04.06.23
Harmony Turbines Next Steps
Hello Harmony Community!
With the campaign now finished, what are the next steps for Harmony? Please enjoy this video to see what's coming!
We hope you'll continue following our journey; please subscribe to our YouTube channel and/or join our Newsletter to do so.
~The Harmony Turbines Team
#sustainability #investment #invest #technology #harmonyturbines #investing #environment #savetheplanet #energy #renewableenergy
03.14.23
Campaign is closed - How did we do?
Good afternoon, Harmony Community! We are pleased to announce that our campaign closed overnight ... and it was 100% successful...WE REACHED OUR $2M GOAL almost 7 hours before closing.
Six months ago we opened our crowdfunding campaign with StartEngine. Having only raised $404k prior to this campaign, a goal of $2M seemed lofty. Not unattainable, just lofty. And WOW did you, our community, surprise us! You overwhelmed us with your enthusiasm and support and helped us reach our goal. We're obligated to disclose that Insiders invested a total of $1197.33 into this funding round. Thank you for believing in our technology and in us. We are humbled by your interest and generosity. Truly, we would not be here without you.
We hope you continue following our journey as we move through the next year of R & D, testing, and eventually into production. We invite you to subscribe to our YouTube channel and/or join our newsletter, where we regularly update our followers.
So now the real work begins for us. This next year is going to be crazy for us; let’s get it done!
~The Harmony Turbines Team (Chris, Cheryl, Tracy, Matt, Nate & Sarah)
03.13.23
The Story of Harmony, and Welcome Sarah!
Just a reminder that our campaign closes tonight at MIDNIGHT Pacific Time
(Monday March 13, 11:59pm PST)
We dont anticipate any future crowdfunding, so we are coming down to the wire.
Now or never, folks!
Good afternoon Harmony community! We'd like to welcome Sarah, who will be occasionally working with us in the months to come to create exciting, relevant and timely updates of our progress as we continue developing and testing our turbine and generator designs. Welcome aboard Sarah, and thank you for your interest in helping Harmony move forward through our next steps! The attached video is one she created for us. Enjoy!
If you have any questions about investing, please contact us. Thank you for your enthusiasm and support!
~The Harmony Turbines Team
03.13.23
16 HOURS LEFT
Campaign closes end of day today
(Monday March 13, 2023) at 11:59pm PST.
We don't anticipate any further crowdfunding opportunities in the future, so now's the time to invest if you're interested!
03.13.23
16 HOURS REMAINING...
03.12.23
Did you miss Thursday's Q&A Webinar? Watch it now!
Hello Harmony Community! If you missed Thursday's Q&A webinar, panic not...we recorded it and you can watch it now. :) We had a great turnout of roughly 40 folks who actively engaged with us. Their questions were thoughtful and we appreciate the interest our followers and supporters show. Please check it out!
Only 1 day left!
Our campaign closes tomorrow,
11:59pm PST, Monday, March 13th
Click here for the details about our campaign
and how to become part-owner for as little as $200.
We don't anticipate any further crowdfunding opportunities in the future, so now's the time to invest if you're interested!
Still on the fence? Here are several links containing a plethora of additional information about Harmony, our technology and mission. If you still have questions, please feel free to contact us.
What Makes Harmony Unique: https://youtu.be/a00XudmCjB0
FAQ: https://harmonyturbines.com/wordpress/wp-content/uploads/Harmony-Turbines-FAQ-Document.pdf
Now You Know Interview: https://youtu.be/p4dfGDPUsGM
Pitch Deck: https://harmonyturbines.com/wordpress/wp-content/uploads/Harmony-Turbines-Pitch-Deck.pdf
StartEngine campaign page: https://www.startengine.com/harmony-turbines
Thank you for continuing to follow our journey!
~The Harmony Turbines Team
03.12.23
1 Day Left to Invest!
We don't anticipate any further crowdfunding opportunities in the future, so it's NOW OR NEVER!
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
PINNED BY STARTUP
Tim Wittmaack
4 months ago
I just installed solar this past fall on our machine shed roof. Our utility company will not let us bank extra production, but instead buys back at slightly over a penny per KW. So our system was designed to basically breakeven during the summer months alone. When I saw your system and did some research, I knew we had to become an investor. So please get your turbine up and going so that we can be one of the first in Iowa to put it on our farm and begin harvesting the wind, which nearly never stops here. Great job guys, we love the vision you have.
1
1
Michael Haffey
22 days ago
Since the offering is closed, when will you be delivering shares to your invertors? I am very anxious to see how well you have done. I so love this product. Also, will you let us know how we can aquire these turbines on the public market and will you maintain some qualtiy control over your patent?
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david myers
6 INVESTMENTS
a month ago
when can I. purchase a house unit
1
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Christopher Moore
Harmony Turbines
•
2 months ago
Early 2024 is our target!
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1
Sergio Kuik
2 months ago
When is this expected to be offered to residential? If you need a residential beta tester, I'm down!
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William Hagan
3 months ago
I hope you do another round of fund raising, I missed it!
1
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William Hagan
3 months ago
I hope you do another round of fund raising, I missed it!
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William Hagan
3 months ago
I hope you do another round of fund raising, I missed it!
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Ronald Mizoshiri
3 months ago
Are these preferred shares convertible to common shares in the event of a sale?
2
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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REWARDS
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
PINNED BY STARTUP
Bob Ybarra
3 months ago
3
0