INVEST IN NIMBUS TODAY!

Powering The World With Light

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.

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.

$676,473.19 Raised

REASONS TO INVEST

Amazon: Currently negotiating robotics project with Amazon

Revenue: Generated hundreds of thousands in revenue to date

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

WEBSITE

View Site

TEAM

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.

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

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

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

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

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.

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.

TERMS

Nimbus

Overview

PRICE PER SHARE

$3.89

DEADLINE

Mar 28, 2023

VALUATION

$49.96M

FUNDING GOAL

$10k - $1.07M

Breakdown

MIN INVESTMENT

$248.96

MAX INVESTMENT

$1,069,998.96

MIN NUMBER OF SHARES OFFERED

2,569

MAX NUMBER OF SHARES OFFERED

275,064

OFFERING TYPE

Equity

ASSET TYPE

Common Stock

SHARES OFFERED

Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

SEC Recent Filing

Offering Memorandum

Financials

Most Recent Fiscal Year-End

Prior Fiscal Year-End

Total Assets

$86,336

$71,341

Cash & Cash Equivalents

$54,628

$33,559

Accounts Receivable

Short-Term Debt

$2,088,530

$1,521,525

Long-Term Debt

$2,088,530

$1,521,525

Revenue & Sales

$150,000

Costs of Goods Sold

Taxes Paid

Net Income

-$552,621

-$345,485

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.

*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

WEVOLVER

Powering Autonomous Robots with Light

WEVOLVER

Wireless Power Unlocked Through Volumetric Absorption

unwired

Persistent High-Power Wireless Energy for Industrial-Scale Systems

Engineer's Spotlight Q&A: Alex Diggings

ALL UPDATES

03.24.23

CAMPAIGN CLOSING SOON: INVEST TODAY

March 24th, 2023 – If you've been following our campaign throughout the year, now is the time to invest! Our offering is now down to its last 3 days before the campaign closes. We know that you've been keeping an eye on our campaign, and we're so grateful for your support. Now, we're asking you to take the next step.

By investing in our company, you'll be supporting the continued development and commercialization of our technology, which has the potential to change the way we power our devices. Plus, we're offering some amazing incentives to our investors, with up to 20% bonus shares depending on your investment level.

With the recent $1.2M contract we’ve been awarded, and the new investment banking partnership we’ve entered into, this year is shaping up to be an exciting one. But time is running out! Our campaign will be closing in just 3 days, and we don't want you to miss out on this incredible opportunity. So, head over to our page now and invest in our company to become part of something truly amazing!

Thanks for your support, and we can't wait to welcome you on board as an investor in our company! To those that have already invested, thank you for your help in making this an incredibly successful campaign!

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

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03.10.23

CAMPAIGN CLOSING SOON: INVEST TODAY

March 10th, 2023 – If you've been following our campaign throughout the year, now is the time to invest! Our offering is now down to its last 17 days before the campaign closes. We know that you've been keeping an eye on our campaign, and we're so grateful for your support. Now, we're asking you to take the next step.

By investing in our company, you'll be supporting the continued development and commercialization of our technology, which has the potential to change the way we power our devices. Plus, we're offering some amazing incentives to our investors, with up to 20% bonus shares depending on your investment level.

With the recent $1.25M government contract we’ve been awarded, and the new investment banking partnership we’ve entered into, this year is shaping up to be an exciting one. But time is running out! Our campaign will be closing in just 17 days, and we don't want you to miss out on this incredible opportunity. So, head over to our page now and invest in our company to become part of something truly amazing!

Thanks for your support, and we can't wait to welcome you on board as an investor in our company! To those that have already invested, thank you for your help in making this an incredibly successful campaign!

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

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03.08.23

Nimbus & Silverwood Partners Enter Private Placement Partnership

March 9th, 2023 – Nimbus Engineering, Inc. partnered with Silverwood Partners, an investment banking firm with sector knowledge and experience in anticipating institutional investors' expectations and concerns. This partnership will enable Nimbus to prepare for institutional capital raising by shaping our presentation and positioning to match investors' objectives and grow accordingly.

Silverwood's flexible approach to private placements ranges from acting as an exclusive financial advisor to contacting selected investors with whom they have strong relationships. The partnership aims to achieve Nimbus' capital raising objectives while addressing concerns proactively. We are excited to have Silverwood Partners as a partner and look forward to building a successful relationship that will deliver value to our stakeholders.

Lastly – we want to remind our followers and rockstar investors that our campaign will be closing soon. If you haven’t done so already, head on over to our page and make your investment before it’s too late and become a shareholder TODAY! Over and out.

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

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03.06.23

$1.25 MILLION GOVERNMENT CONTRACT AWARDED

March 6th, 2023 – We are thrilled to announce that our company has recently won a government contract worth $1.25 MILLION. Under the Operational Energy Prototyping Fund (OEPF), our proposal was ranked in the top tier of all submitted proposals!

We believe that this contract win reflects the quality and innovation of our technology, and we are excited about the future opportunities it may bring. We are confident that our solutions will continue to drive growth and create value for our customers and investors.

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Under this project, we will be integrating the state-of-the-art Compact Laser Weapon System (CLaWS) into our technology platform. Developed and manufactured by Boeing, CLaWS is a cutting-edge laser weapon system that will enable us to demonstrate optical energy transfer to a quad-copter drone.

As part of this integration, the drone will be equipped with Nimbus' Power Relays, which will allow for seamless energy transfer and maximum efficiency. We are confident that this demonstration will showcase the full potential of our technology and provide valuable insights into the future of laser-based energy transfer systems.

Additionally, we wanted to remind you that our StartEngine campaign will soon be ending. This is an excellent opportunity for prospective investors to get involved with our company and support our mission of revolutionizing the wireless energy industry.

Thank you all for your continued support, and we look forward to sharing more information with you as we progress! Over and out.

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

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03.01.23

Update From Nimbus: CAMPAIGN CLOSING SOON

March 1, 2023 – If you've been following our campaign throughout the year, now is the time to invest! Our offering is now down to its last 26 days before the campaign closes. We know that you've been keeping an eye on our campaign, and we're so grateful for your support. Now, we're asking you to take the next step.

But time is running out! Our campaign will be closing in just 26 days, and we don't want you to miss out on this incredible opportunity. So, head over to our page now and invest in our company to become part of something truly amazing!

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

02.07.23

Update: Amazon Launchpad

February 1^st, 2023 – Recently, Nimbus Engineering was contacted by team members of Amazon Launchpad, EU! Launchpad is an invite-only program within Amazon to help innovative and unique brands accelerate their growth on Amazon’s website.

Before we get too excited, I should note that we haven't signed anything yet and are still reviewing the terms of the partnership. But if we do move forward, we'd get support from Amazon's team to improve our listing, get more visibility, and drive higher revenue growth. Plus, the program offers some awesome benefits like content creation, brand store quality improvement, sales promotions, physical retail expansion support, marketing and PR support, advertising support, and fulfillment support.

Amazon Launchpad helps startups get products to customers | Engadget

As always, 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!

01.24.23

Pre Orders are now LIVE.

January 24^th, 2023 – It's been a long time coming… but we are pumped to announce that we are now accepting Pre Orders through our website! This has been the culmination of years of hard work and engineering to transition a seemingly industrial piece of technology into the hands of everyone.

Want to electrify your coffee table? Or the table on your back patio? The shed in your backyard? Maybe you have a kitchen island that doesn't have any outlets. Or speakers that die a little too quickly before needing a charge. Whatever your situation may be, our Relay can provide the power you need! Get yours NOW while supplies last, as this will be a limited production run.

On a sidenote, 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!

01.20.23

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 the 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.

01.18.23

UPDATE: Approaching $650,000 Raised!

January 18^th, 2023 – We have now raised nearly $650,000 from over 340 individual investors! That brings our average investment to almost $1,900… over 7x 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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01.09.23

WATCH: Nimbus Founder Gives Brief Interview at CES2023

REWARDS

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

JOIN THE DISCUSSION

0/2500

Jared Whitener

62 INVESTMENTS

2 months ago

The receiver shown seems a bit large for use with a small model of warehouse robot. Is the receiver something that could be reduced in size with technological advancements, or does it have to be a certain size due to the laws of physics? Does it have to have some significant size in all 3 dimensions or could a flatter receiver absorb enough energy? Would a warehouse robot have a receiver on both the front and back?

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Connor Robertson

3 months ago

Does it make you worried about the future since 70% of your goal was raised and not 100%? Thanks, Connor

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Ajith Potluri

4 months ago

Hello William how long you extended the raise? 30 day or 60 days, please clarify when is your next closing date. Thank you

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Russell Piche

6 months ago

How long will the raise be open? Thanks, Russell

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Joshua Resnick

6 months ago

Hello, What is the end-to-end efficiency of the system? Thanks, Joshua

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Soma Sekhara Rao Konijeti

7 months ago

Hi, What is Efficiency of Power Transfer?

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Gerald Burke

39 INVESTMENTS

7 months ago

what is powering the light ?

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Arghya Chatterjee

8 months ago

Hi Team, This project seems wonderful and futuristic . But I have some questions too in this regard. The questions are as follows: 1. By using this technology within how many minutes a standard sized electric car or electric truck can be charged and what would be the electric cost to fully charge a standard sized car or truck? 2. One unit of your innovation can recharge how many cars or vehicles at a time and how long does it take to fully charge any vehicle, ie: cars, bikes and truck? 3. What is the current order book of this product in this company? 4. What are your future plans? 5. Have you tied up with any logistic or electric car manufacturing companies ? 6. Are you profitable ?

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Guenadi Jilevski

42 INVESTMENTS

8 months ago

Is Nimbus a Qualified Small Bisiness Corporation (https://www.sba.gov/blog/qualified-small-business-stock-what-it-how-use-it)from IRS perspective?

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Jerry Irwin

15 INVESTMENTS

8 months ago

What will differentiate us competitively from Mica Energies?

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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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More FAQs

RAISED

$676,473.19

INVESTORS

374

MIN INVEST

$248.96

VALUATION

$49.96M

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