LiquidPiston offering is now closed and is no longer accepting investments.

The combustion engine reimagined

INVEST IN LIQUIDPISTON TODAY!

LiquidPiston, Inc. (LPI) develops advanced rotary internal combustion engines based on the company’s patented thermodynamic cycle and novel rotary engine architecture. Our engines are compact, powerful, quiet, efficient, low-vibration, multi-fuel capable and scalable from 1HP to over 1000 HP.
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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.
LiquidPiston

ABOUT

HEADQUARTERS
1292a Blue Hills Ave.
Bloomfield, CT Bloomfield
VALUATION
$69.1M
PREVIOUSLY CROWDFUNDED
$3M

LiquidPiston, Inc. (LPI) develops advanced rotary internal combustion engines based on the company’s patented thermodynamic cycle and novel rotary engine architecture. Our engines are compact, powerful, quiet, efficient, low-vibration, multi-fuel capable and scalable from 1HP to over 1000 HP.

TEAM

Alexander Shkolnik
Alexander Shkolnik
Co-Founder & CEO

• PhD in Computer Science / Artificial Intelligence from MIT
• Technical focus on leading teams in modeling dynamic systems, optimization and controls
• 50+ patents; 30 conference and journal papers
• PI on $9M in government R&D programs

Christopher Pollitt
Christopher Pollitt
VP of Engineering

• MBA, Indiana U; MS & BS. Mech Engineering, Virginia Polytechnic & State U

• 20 years of engine innovation & development expertise

• Former VP, Engineering at Continental Aerospace Technologies

• Engine R& D positions at Cummins & GE

Curtis Collie
Curtis Collie
Chief Engineer

• Over 26 years of engine design and development expertise

• Led multiple “clean sheet of paper” engine designs for single cylinder test rig, aero, military, space and automotive

• Experience with many different fuels and combustion systems

• Senior Technical Manager at Roush Industries Advanced Engineering for 4 yrs

• Chief Engineer for Powertrain Design and Integration at IAV for 8 yrs

• Engine Engineer at Ford Motor Company for 14 yrs

Nikolay Shkolnik
Nikolay Shkolnik
Co-Founder & CTO

• PhD in Physics from UConn
• Former Clean Energy Program Director, GEN3
• Motorola award for Creativity
• 60+ patents: engines, fuel cells, super capacitors, and other fields.
TRIZ specialist

Per Suneby
Per Suneby
VP of Corporate Development

VP of Corporate Development and Board Director (25 hours / week at LiquidPiston, Primary Job); Managing Director at Sternhill Associates (< 1/2 time).
• MBA, Harvard; BASc Electrical Engineering, U. British Columbia
• Seasoned Clean Tech startup executiv
• Former Venture Capital Executive in Residence
• New England Clean Energy Fellow

TERMS

LiquidPiston
Overview
PRICE PER SHARE
$54
DEADLINE
Jun 26, 2021
VALUATION
$69.1M
AMOUNT RAISED
$16,438,615.01
Breakdown
MIN INVESTMENT
$756.00
MAX INVESTMENT
$1,999,980.00
MIN NUMBER OF SHARES OFFERED
184
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
520,029

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

LiquidPiston, Inc.

Corporate Address

:

1292a Blue Hills Ave., Bloomfield, CT Bloomfield

Offering Minimum

:

$9,968.14

Offering Maximum

:

$28,081,592.80

Minimum Investment Amount

(per investor)

:

$756.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

182

Maximum Number of Shares Offered

:

512,719

Price per Share

:

$54.77

Pre-Money Valuation

:

$69,100,460.96











PRESS

Article Image
Revolutionary Heavy-Fuel Engine For UAS Gets Darpa Boost

Development of a new type of rotary diesel engine that could provide compact, efficient and reliable heavy-fuel propulsion for smaller UAVs and other applications has been boosted by a $2.5 million Darpa contract

Article Image
Small but growing number of CT startups turn to crowdfunding

So in 2016, he turned to Wefunder, an online business crowdfunding platform, hoping to tap the company's legions of followers as potential investors. The campaign was a hit, raising almost $1.3 million.

Article Image
DARPA Looks to Extend Range of Drones, Autonomous Vehicles with LiquidPiston: CEO, Alexander Shkolnik

LiquidPiston is revolutionizing next-generation engine development. The company, headquartered in Bloomfield, Conn., develops and licenses compact & efficient power solutions based on an optimized thermodynamic cycle and a new type of rotary engine architecture.

Article Image
Business Wire

LiquidPiston Announces Small Tactical Power Generator Development for U.S. Army

Article Image
Unmanned Systems Technology Magazine, Dossier on LiquidPiston

Ian Bamsey investigates this new take on the rotary that challenges Wankel designs on efficiency and performance.










ALL UPDATES

06.27.21

Thank you for a fantastic campaign from the LiquidPiston Team

I wanted to thank all of our new investors and supporters for an amazing campaign.   We raised $16.75M with over 7700 new investors.   We are blown away by all of the support, and thank you each of you.   Its amazing what the power of the crowd can do!

As I'm sure I will get these questions - to verify your investment see the instructions below from the StartEngine FAQ.  LiquidPiston will not receive names or contact information of investors until after the closing is completed, which may take a few weeks - so you will need to make sure your investment is fully funded and all steps completed on startengine. If you have questions related to this, please reach out to contact@startengine.com

If there is something that is LiquidPiston specific, please reach out to invest@liquidpiston.com.   Please note we are a small team (all of our engineers are dedicated to the technology development, and my office manager and I are the only ones answering investor emails), so with about 9000 investors total now, we may be a little slow to respond, but we will do our best. 

Again - a heartfelt thank you, and we look forward to taking this adventure together!

Alec Shkolnik, PhD
President and CEO
LiquidPiston


~~

See https://www.startengine.com/investor-faq

To view your investment status follow these steps:

  • Login to your StartEngine account
  • Once you are logged in, click your name in the top right hand corner
  • Click “My Investments”
  • Click “View Current” and the status of your investment can be found next to the company you invested in
  • Or simply click here to go to your Investment Dashboard once logged in

Different stages of investments:

 Incomplete – You have begun the investment process but have not completed all of the steps to finalize your investment. Make sure that you click the green “Submit” button after clicking “Invest Now” on the campaign home page. Once you have submitted your investment, you will receive a confirmation email immediately following submission. If you elected to pay by wire, instructions will be emailed to you.

 Submitted – You have successfully submitted your investment, and it is currently pending. It could be pending because the offering has not yet reached their minimum funding goal, the funds have not yet left reached the escrow account, or are still undergoing the necessary checks. If there is any problem with your investment, you will be notified by StartEngine.

 Cleared – StartEngine has received your payment for your investment, and we have successfully verified all of the required investor checks. There is nothing else that you need to do at this time.

 Invested – After the company has conducted a close on their offering, those investments that have cleared will be then moved to “Invested.” This means your funds have been disbursed to the company you have


06.26.21

Final Hours to Invest in LiquidPiston!

Today is the final day to invest in LiquidPiston's campaign on StartEngineAt LiquidPiston, we are reimagining the combustion engine, with revolutionary technology explicitly designed with combustion engines in mind.

Don’t pass up the opportunity to invest in the company with:

  • $9M in DoD contracts with DARPA and the U.S. Army.

  • Up to 30% more efficient than a diesel engine, and up to 200% more efficient than a small turbine.

  • 64 patents issued or pending.

  • Successfully completed four industrial partner pilot studies resulting in $1.1M of commercial revenue.

  • Finalist / Award Winner in several DoD competitions, including the US Army xTechSearch 3.0, U.S. Army and Innovation Combine, and AFWERX Base of the Future Challenge.

  • Three new government contracts signed in the last 9 months!

  • Our rotary engines are the first major disruption to engine technology in over a century.

Our crowdfunding campaign is ending today, June 25th, so keep following to learn more and invest in LiquidPiston! 

Disclaimer: This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. View the offering circular for details 

06.25.21

Exclusive Perks for LiquidPiston - Hours Left to Invest

Today is the final day to invest in LiquidPiston's crowdfunding campaign on StartEngine.

Don’t forget - you can get rewarded for investing in LiquidPiston! 

First tier $2,000+ Investment:

  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Second tier $5,000+ Investment:

  • 5% Bonus Shares

  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Third tier $10,000+ Investment:

  • 8% Bonus Shares

  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Fourth tier $25,000+ Investment:

  • 10% Bonus Shares

  • An invitation to a private tour of the LiquidPiston facility.

  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Fifth tier $50,000 Investment:

  • 15% Bonus Shares

  • An invitation to a private tour of the LiquidPiston facility.

  • Lunch with the LiquidPiston Founder

  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Our crowdfunding campaign is ending today, June 25th, so keep following to learn more and invest in LiquidPiston! 

06.25.21

LiquidPiston Has Raised Over $15M - Final Day to Invest

We are elated to announce that our campaign on StartEngine recently surpassed $15M in investments.

Starting with the physics of how engines operate, we have redesigned the traditional internal combustion engine and developed an innovative, efficient alternative. Our engines provide a power solution that can scale to address the $400B internal combustion engine market and can be a key enabler for emerging mobility technologies including electric cars, urban air mobility (UAM), and drones (UAS).

Our crowdfunding campaign is ending today, June 25th, so keep following to learn more and invest in LiquidPiston! 

06.24.21

1 Day Left to Invest in LiquidPiston

There is only one day left to invest in LiquidPiston's campaign on StartEngine. With the final day upon us, we look forward to a strong close. 

This campaign will be closing on June 25th, so if you’re interested in this investment opportunity, please check out our page on StartEngine.

06.24.21

Register For Our Final Webinar Before the Campaign Closes


Join us on Friday, June 25th at 10:00 AM PDT for our final Live Investor Webinar. Alec Shkolnik will be discussing LiquidPiston's competitive advantages as well as the potential impact on a $400B market in one more exclusive webinar before our campaign closes. 

Register here: https://app.livestorm.co/investor-webinars/liquidpiston-investor-webinar625

Our crowdfunding campaign is ending on June 25th, so keep following to learn more and invest in LiquidPiston! 

06.23.21

Register For Our Final Webinar Before the Campaign Closes

Join us on Friday, June 25th at 10:00 AM PDT for our final Live Investor Webinar. Alec Shkolnik will be discussing LiquidPiston's competitive advantages as well as the potential impact on a $400B market in one more exclusive webinar before our campaign closes. 

Register here: https://app.livestorm.co/investor-webinars/liquidpiston-investor-webinar625

Don't forget - our crowdfunding campaign is ending on June 25th, so keep following to learn more and invest in LiquidPiston!





06.22.21

LiquidPiston Has Raised Over $14M

We are elated to announce that our campaign on StartEngine recently surpassed $14M in investments.

Starting with the physics of how engines operate, we have redesigned the traditional internal combustion engine and developed an innovative, efficient alternative. Our engines provide a power solution that can scale to address the $400B internal combustion engine market and can be a key enabler for emerging mobility technologies including electric cars, urban air mobility (UAM), and drones (UAS).


Our crowdfunding campaign is ending on June 25th, so keep following to learn more and invest in LiquidPiston! 

06.22.21

Exclusive Perks for LiquidPiston

Don’t forget - you can get rewarded for investing in LiquidPiston on StartEngine

First tier $2,000+ Investment:

  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Second tier $5,000+ Investment:

  • 5% Bonus Shares
  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Third tier $10,000+ Investment:

  • 8% Bonus Shares
  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Fourth tier $25,000+ Investment:

  • 10% Bonus Shares
  • An invitation to a private tour of the LiquidPiston facility.
  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Fifth tier $50,000 Investment:

  • 15% Bonus Shares
  • An invitation to a private tour of the LiquidPiston facility.
  • Lunch with the LiquidPiston Founder
  • Choice of custom owners T-shirt or “Love the smell of Jet Fuel in the morning” coffee mug*

Our crowdfunding campaign is ending on June 25th, so keep following to learn more and invest in LiquidPiston! 

06.21.21

LiquidPiston Receives Notice of Two Awards from the US Air Force for $1.5M

We're proud to announce LiquidPiston has received notices of award selection from the US Air Force, for 2x potential Phase II SBIR (Small Business Innovation Research) contracts, for approximately $750,000 each. These awards indicate the government's intent to issue an award and enter into contract negotiations worth up to $1.5M!   With this notice, we expect to get on contract within 4-6 months.  Please note - these letters represent that the government has reviewed our proposals, and has selected these proposals for award negotiation - the awards will not be official unless and until they are formally issued as contracts.  More details will follow after the official contract award, but we couldn't wait to share this exciting news!

Our crowdfunding campaign is ending on June 25th, so click here to learn more and invest in LiquidPiston!










REWARDS

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

$756.00

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 Summary section below.

$2,000.00

First Tier

Choice of custom owners T-shirt or ''Love the smell of Jet Fuel in the Morning'' coffee mug*

$5,000.00

Second Tier

Choice of T-shirt or mug*, plus 5% Bonus Shares

$10,000.00

Third Tier

Choice of T-shirt or mug*, plus 8% Bonus Shares

$25,000.00

Fourth Tier

Choice of T-shirt or mug*, plus 10% Bonus Shares, plus an invitation to a private tour of the LiquidPiston facility **

$50,000.00

Fifth Tier

Choice of T-shirt or mug*, plus 15% Bonus Shares, plus an invitation to a private tour of the LiquidPiston facility) plus lunch with a Liquid Piston Founder **

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

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

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