Powering The World With Light

INVEST IN NIMBUS TODAY!

Using advanced energy transfer technology to power heavy-duty industrial automation. Our vision is to power modern civilization with light, dramatically altering the future of energy technologies across the industrialized world.
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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Nimbus

REASONS TO INVEST

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Amazon: Currently negotiating robotics project with Amazon

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Revenue: Generated hundreds of thousands in revenue to date

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DARPA: Awarded 2022 Phase I contract for advanced air-to-air laser power transmission technology


Powering the world with light

Nimbus Engineering is disrupting wireless power technology. Nimbus’ patented Power Relay Technology harnesses the energy of LED and solar light to power warehouse robotics and electric vehicles, unlocking a new future in clean energy. We take pride in being a green energy company.





The Problem


The booming e-commerce market strains industrial robotic lifecycles making maintenance expensive and inefficient 

Industrial automation is a powerful tool in the expanding e-commerce industry, but the batteries used to power this automation are expensive, require downtime to recharge, and are inefficient for long-term use. Industrial robotic battery life cycles are finite and the battery is disposed of afterwards. This has a direct impact on the planet and the bottom line.



The Solution


A revolutionary energy technology that’s lighting the way for a better tomorrow

We believe Nimbus has developed the ultimate charging solution for industrial automation with clean energy. Our Power Relays use light to wirelessly transmit energy. With our proprietary Power Relay, an LED spotlight can transmit energy over 50 feet where it is converted into electricity. This allows warehouse robots to be recharged over far distances and work 24/7 without ever having to stop and charge at a dock.


Nimbus Power Relays leverage unique technology, using light to transmit high power across long distances.


A new system of moving energy in a renewable way



A typical robot battery pack utilizes 1 kWh of Lithium-ion batteries. The creation of this battery pack results in 150 kg of CO2 being put into the atmosphere. Hundreds of thousands of bots means hundreds of millions of kg of CO2 pollution.


Nimbus Power Relays can dramatically increase the health of batteries — making them last up to 5 times longer,  offsetting environmental impacts and preventing the need for an additional robot unit — a cost savings of $50K or more. 


Our Business Model

Nimbus can be as nimble and unique as our customers need. We are able to engage in custom projects to build solutions for customers’ specific systems.


Nimbus sells hardware to major retail corporations with a monthly subscription fee, and also delivers custom projects to build solutions for specific systems. Nimbus Relays can operate for 15+ years, providing strong recurring revenue streams under the subscription model. Total cost per project for our customers typically ranges from $200K-$500K, with hardware units ranging from $5 to $50K. A standard automation customer may have 50 warehouses, which translates to an estimated $10M in hardware Relay sales per warehouse — a $500M addressable demand.


 

The Market


Electrifying the renewable wireless power market

The e-commerce market is currently at $3.5 trillion, and projected to reach  $7.5 trillion by 2026. This brings an increasing need for warehouses and robotic automation - which require batteries and charging solutions. The adoption of new wireless power solutions will be critical in differentiating the most successful players from those using old plug-in solutions.



The industrial automation market alone is valued at over $179B in 2020 and is slated to hit $355B by 2028. Our product can go beyond both the e-commerce and the industrial automation markets. We can reach consumer electronics, electric vehicle charging and more, and we have the only known patents in the world for this technology.

Our Traction


Unique patents granted and Fortune 100 customers secured

Nimbus is currently deploying Power Relay Technology for major commercial adoption in the industrial sector and we have additional products being developed for the consumer market.



Why Invest


Be a part of the future of clean energy technology across multiple sectors


Nimbus’s goal is to be one of the world’s most advanced energy technology firms. We have developed a new way of moving energy in a renewable way. Power Relay Technology is a fundamental new breakthrough in energy transmission with an enormous range of future applications. Our short-term market penetration into industrial automation of warehouses and manufacturing is naturally leading to the powering of electric forklifts and small EVs. Eventually, we will power robotic fleets and delivery vehicles using relay technology, eliminating the need for stationary charging.


ABOUT

HEADQUARTERS
2030 Vallejo St, Unit 803
San Francisco, CA 94123
VALUATION
$49.96M

Using advanced energy transfer technology to power heavy-duty industrial automation. Our vision is to power modern civilization with light, dramatically altering the future of energy technologies across the industrialized world.

TEAM

Alexander Diggins

Alexander Diggins

CTO

Alexander Diggins is a founding member of Nimbus Engineering, Inc. Mr. Diggins is a highly skilled inventor with a background in theoretical and applied physics from Purdue University. He has managed a variety of technically challenging projects, including, but not limited to, the design and manufacturing of the Wireless Power Relay™ along with several standalone energy storage system prototypes throughout his 5+ years at Nimbus Engineering. Mr. Diggins is the author of several patents, 3 of which have been granted by the US PTO. 

Matt Jerrild

Matt Jerrild

CFO

Matt Jerrild is a founding member of Nimbus Engineering, Inc. Mr. Jerrild studied Economics at the University of Connecticut and most recently held the position of Assistant Controller at small media company in Westport, CT before joining Nimbus Engineering in 2017 as Chief Financial Officer. Mr. Jerrild managed an annual budget of $16M before joining Nimbus and has managed an additional $2M since signing on. 

Professor Jennifer Dionne

Professor Jennifer Dionne

Advisor

Jennifer Dionne is an associate professor of Materials Science and Engineering at Stanford. Jen received her Ph. D. in Applied Physics at the California Institute of Technology, advised by Harry Atwater, and B.S. degrees in Physics and Systems & Electrical Engineering from Washington University in St. Louis. Prior to joining Stanford, she served as a postdoctoral researcher in Chemistry at Berkeley, advised by Paul Alivisatos. Jen’s research develops new optical materials and microscopies to observe chemical and biological processes as they unfold with nanometer scale resolution. She then uses these observations to help improve energy-relevant processes (such as photocatalysis and energy storage) and medical diagnostics and therapeutics.

Professor Krishna Saraswat

Professor Krishna Saraswat

Advisor

Krishna Saraswat is a Professor of Electrical Engineering at Stanford University—he holds the Rickey/Nielson chair in the School Of Engineering and professor by courtesy of Material Science and Engineering. Professor Saraswat is working on a variety of problems related to new and innovative materials, structures, and process technology of silicon, germanium and III-V devices and interconnects for VLSI and nanoelectronics. Areas of his current interest: new device structures to continue scaling MOS transistors, DRAMs and flash memories to nanometer regime, 3-dimensional ICs with multiple layers of heterogeneous devices, metal and optical interconnections and high efficiency and low-cost solar cells.

Professor Jonathan Fan

Professor Jonathan Fan

Advisor

Jonathan Fan is currently an Associate Professor at Stanford in the Department of Electrical Engineering and Director of the FTF Lab in the Stanford Nanofabrication Laboratory. Jonathan was born in Columbus, Ohio. He received his BSE degree in Electrical Engineering from Princeton University in 2004 with highest honors and his PhD in Applied Physics from Harvard University in 2010 under the supervision of Professor Federico Capasso. 

William Frederick Diggins Sr.

William Frederick Diggins Sr.

Chairman

Bill Diggins has had a successful, international career in management consulting, media production, and executive management. He worked in consulting and executive capacities with firms that included the Alexander Proudfoot Company, Institute of Management Resources, and PricewaterhouseCoopers. He provided services that involved systems integration, organizational development, and strategic planning, to achieve substantial savings for a wide variety of clients, including Tektronix, Nissan, Semiconductor Systems, Schlumberger, and the Los Angeles Times. While with the Alexander Proudfoot Company, Mr. Diggins led an international division of more than 150 consultants in Europe, Asia, and South America. Bill has also been the primary financial resource pushing this technology forward.

William Diggins

William Diggins

CEO

William Diggins is a founding member of Nimbus Engineering, Inc. Mr. Diggins studied business at Western Illinois University and brought with him several years of management and consulting experience. Prior to Nimbus, Mr. Diggins worked to identify areas in which his clients could cut costs and increase profits through specialized optimization exercises, helping them save $2-$5M on average over a 12-month period of performance.

TERMS

Nimbus
Overview
PRICE PER SHARE
$3.89
DEADLINE
Jan 25, 2023
VALUATION
$49.96M
AMOUNT RAISED
$602,746.39
Breakdown
MIN INVESTMENT
$248.96
MAX INVESTMENT
$1,069,998.96
MIN NUMBER OF SHARES OFFERED
2,569
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
275,064

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Nimbus Engineering Inc.

Corporate Address

:

2030 Vallejo St, Unit 803, San Francisco, CA 94123

Offering Minimum

:

$9,997.30

Offering Maximum

:

$1,069,998.96

Minimum Investment Amount

(per investor)

:

$248.96











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

2,570

Maximum Number of Shares Offered

:

275,064

Price per Share

:

$3.89

Pre-Money Valuation

:

$49,962,187.50











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*


Early Bird

Friends and Family - First 72 hours | 15% bonus shares

Super Early Bird - Next 72 hours | 10% bonus

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

Volume

Tier 1 Perk — Invest $1,000+ and receive 5% bonus shares

Tier 2 Perk — Invest $2,500+ and receive Power Relay System + 10% bonus shares

Tier 3 Perk — Invest $10,000+ and receive 15% bonus shares

Tier 4 Perk — Invest $25,000+ and receive 20% bonus shares

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Nimbus Inc. 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 $3.89 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $389. 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 cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Voting Rights of Securities Sold in this Offering

Voting Proxy. 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.

Insider Investment Notice

Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.

PRESS

Article Image
WEVOLVER

Powering Autonomous Robots with Light

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WEVOLVER

Wireless Power Unlocked Through Volumetric Absorption

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unwired

Persistent High-Power Wireless Energy for Industrial-Scale Systems

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LinkedIn

Engineer's Spotlight Q&A: Alex Diggings










ALL UPDATES

12.01.22

UPDATE: $600,000 Raised!


December 1st, 2022 – We’ve now raised over $600,000 from over 300 individual investors! That brings our average investment to almost $2,000… nearly 8x our minimum investment! 

 

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Thank you to all our most recent investors, supporters, and followers for joining in on the action! If you’re following us but haven’t invested yet, what are you waiting for?! Drop us a comment below. Over & out.

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

 

 

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11.22.22

UPDATE: 300 Investors Have Joined In!!!


November 22nd, 2022 – A BIG thank you to our 300th investor… you know who you are 😉 ! It’s been amazing to see so many people join in on our campaign, and we’re excited to continue to expand and grow our network of support. 

 

 

And of course, a big thank you to ALL our most recent investors, supporters, and followers for joining in on the action! If you’re following us but haven’t invested yet, what are you waiting for?! Drop us a comment below. Over & out.

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

 

 

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11.14.22

UPDATE: Approaching $600k Raised!


November 14th, 2022 – We’ve now raised over $580,000 (…and counting) from over 290 individual investors! That brings our average investment to almost $2,000… nearly 8x our minimum investment! 

 

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Thank you to all our most recent investors, supporters, and followers for joining in on the action! If you’re following us but haven’t invested yet, what are you waiting for?! Drop us a comment below. Over & out.

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

 

 

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11.10.22

UPDATE: CES is Around the Corner


 

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November 10th, 2022 – Nimbus is starting 2023 with a BANG! From January 5th to January 8th, 2023, the Consumer Electronics Show (CES) will take place in Las Vegas, NV. 

 

This CES, however, will be very special. Our team will be unveiling a brand-new consumer product line in the Smart Home section of the Venetian Expo alongside many other well-known and innovative companies. 

 

With CES being the biggest technology conference of the year… every year… there is no better venue for us to debut our groundbreaking wireless energy innovation to the public! We welcome all followers, investors, and supports to join us if you’re able to – meet the team, see cool stuff, and dream about the future we’re working on! 

 

We’ll post more information as the new year approaches, but feel free to drop a comment below with any questions!

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

 

 

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11.03.22

Something BIG is coming!!!


November 3rd, 2022 - We are very proud to announce that a consumer product will be available soon!

 

We have been working hard behind the scenes to democratize our world changing energy technology. While the specifics must remain under wraps for the time being, we’re confident many of you will love having one of these in your home, helping to eliminate unsightly wires and extension cords, all while adding something TRULY new and exciting into the household. 

 

WE’RE MAKING IT HAPPEN THANKS TO ALL OF YOUR SUPPORT AND ENTHUSIASM!

 

More to follow soon. Over and out. 

10.27.22

Notice of Material Change in Offering

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

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


Issuer is extending campaign end date.


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.

10.27.22

Energy Innovation for the Department of Defense

Energy Innovation for the Department of Defense

 

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October 27th, 2022 – On November 4th, Nimbus will be submitting 3 Department of Defense (DoD) proposals to the Operational Energy Capability Improvement Fund (OECIF) valued at a combined $5.5 MILLION! The 3 scopes of work range from basic prototyping / technology demonstrations to more complex material science endeavors. Our proposals are being supported by U.S. Central Command (USCENTCOM) and Georgia Tech Research Institute (GTRI), both of which will be involved in executing the contract, should they be awarded. 

 

Having USCENTCOM and GTRI as potential partners on these contracts is extremely beneficial to a company like ours who is laser focused on developing new energy technologies. USCENTCOM can immediately reduce our barriers to entry in tight knit [military] communities, expanding our reach, while also bringing expertise / know-how regarding the warfighter experience, warfighter pain points, and other warfighter capability needs. 

 

GTRI, on the other hand, is already heavily funded by the DoD to the tune of $833 MILLION per year and is actively developing solutions for some of the DoD’s most difficult problems. Their engineering expertise, specifically in optoelectronics, gives us an upper hand in when competing for these types of fixed price contracts, and gives us easy access to a plethora of tools and machinery we otherwise would not have. 

 

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Now on to the fun stuff. The goal of these contracts is to dramatically increase the flight time and range of an unmanned aerial vehicle (UAV) by integrating our Power Relay technology. If successful, this project will set brand new precedents with respect to UAV charging protocols, and the charging experience will be more akin to an aerial ‘pit stop’. Additionally, the use of phosphorescence to store optical energy will enable next generation intelligence, surveillance, and reconnaissance (ISR) and combat systems.  A successful project will also provide a clear path to eliminate human intervention which is typically required to hot swap a battery pack or tether to a stationary charging port.

 

These advanced capabilities are game changing for the DoD’s operational logistics, especially when operating in contested areas. And commercially, there is much overlap with these open DoD contracts, i.e., applications we are currently pursuing with companies like Amazon to provide energy solutions for their robotic fleets.  

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

 

 

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10.19.22

Industrial Automation Market to Reach $413 BILLION by 2030


October 19th, 2022 – As all our investors and followers know, Nimbus is excited to be a part of a rapidly growing industry which is supporting virtually every sector of the economy. Growing at a CAGR of over 8%, the industrial automation market is projected to reach a total market value of nearly $413 billion by 2030 according to Precedence Research

 

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Corroborating market research performed by Fortune Business Insights pegs the growing market being valued at over $390 billion by 2029. The primary drivers include providing more personalized and instantaneous services for customers, along with a greater need for ‘digital visibility’ into inventories and manufacturing processes. 

 

Both articles do a great job at outlining the major opportunities and challenges for companies serving the market, while also painting a clear picture that automation is here to stay. Efficiency, speed, and customization are the new normal and we are pumped to be a part of it. Have any questions? Drop us a note below!

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

 

 

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10.06.22

DARPA’s Persistent Optical Wireless Energy Relay (POWER) Program Will Change EVERYTHING

October 6th, 2022 – The Defense Advanced Research Projects Agency, also known as DARPA, is gearing up to fund “the internet for energy”. Formally dubbed Persistent Optical Wireless Energy Relay (POWER), they aim is to create a cutting-edge airborne power distribution network. But what does this even mean??? Will we be able to download energy via Wi-Fi??? The short answer is no. But it’s arguably the most innovative active DARPA program, and Nimbus is very excited about it.

 

Consumers typically characterize energy distribution as the delivery of energy through our vast power line networks which connect independent structures, such as houses or buildings, to the source of energy generation, such as a power plant or solar array. However, DARPA and the military must operate under a completely different set of rules and constraints. 

 

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According to Col. Paul Calhoun of DARPA’s Tactical Technology Office, “The military faces particularly acute energy challenges, which are driving this innovation. We often must operate far from established energy infrastructure and rely on liquid fuels that require precarious supply lines.” In other words, energy supply lines currently require consistent physical movement of mass to operate at a sustained level. This can be both costly and dangerous.

 

Implementing a distributed power beaming network will eliminate the physical movement of mass/energy to refuel critical systems, shorten energy transport time, and create layers of redundancy to reduce critical failure points. Nimbus is currently working with DARPA under a Phase I SBIR contract to investigate the potential of specific optical materials that will enable photon-to-photon energy transfer capabilities. Click here to read more about DARPA’s program.

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

 

 

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09.28.22

Nimbus-GTRI Partnership Update


September 29th, 2022 – As announced this summer, Nimbus is in ongoing discussions with Georgia Tech Research Institute (GTRI) to collaborate on (materials) research and development initiatives. Nimbus and GTRI are fine tuning their plans to conduct testing and analyses on strontium-based phosphors, which are of strong interest to the Department of Defense (DoD), specifically to utilize within next-gen energy storage and transfer technologies.

 

Dr. Brent Wagner, PhD., Principal Research Scientist of the Electro-Optical Systems Laboratory at GTRI, and Nimbus Engineering’s CTO, Alex Diggins, will be the primary personnel overseeing the scope of work(s). Our entities will be investigating novel methods of phosphor excitation, novel methods of electron/energy retention after excitation, and then researching practical application of such methods (pending results).  

 

Nimbus is very excited to gain a valuable partner in the optical materials space as it will enable our highly skilled engineering team to leverage GTRI’s tooling and machinery know-how, among other things. 

 

Additionally, Nimbus and GTRI are submitting several Phase I and Direct to Phase II SBIR grants this November aimed at designing and building out new systems and methods for (optical) energy storage and transfer. As always, we’ll keep you updated as things progress and take shape. Have a question? Feel free to leave us a comment below! Over and out.

 

 

If you’re following us and are amped about our technology, click here to invest TODAY!

 

 

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REWARDS

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

$248.00

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.

$1,000.00

Tier 1

Invest $1,000+ and receive 5% bonus shares

$2,500.00

Tier 2

Invest $2,500+ and receive Power Relay System + 10% bonus shares

$10,000.00

Tier 3

Invest $10,000+ and receive 15% bonus shares

$25,000.00

Tier 4

Invest $25,000+ and receive 20% bonus shares

JOIN THE DISCUSSION













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HOW INVESTING WORKS

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

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