INVEST IN POSEIDON AMPHIBWORKS TODAY!
Electric Amphibious Hydrofoil Vehicles
$20,089.39 Raised
REASONS TO INVEST
A highly scalable business model, with non-linear growth potential. Minimum CapEx requirements using proven low-risk strategic partners. After initial product success, the unique modular technology will allow for worldwide growth for new applications/customer segments.
Due to climate change, we believe we’re witnessing a growing amphibious demand. The global amphibious vehicle market size was valued at $2.91 billion in 2021 and is projected to reach USD $4.71 billion by 2027, exhibiting a CAGR of 8.35% during the forecast period.*
Our team has deep amphibious vehicles operations and powertrain engineering experience with intellectual properties in the field, ranging from single-motor to motor-per-wheel, 2 & 4-wheel vehicles, e-cat boats to semi-truck powertrains. Building on previous experiences in the industry, our prototype design will be legal on US highways and will follow all marine regulations.
*Market statistics provided by Expert Market Research (source)
Final Exterior styling is NOT shown in the computer generated concept images in the video & on this page.
Images closer to the production look envisioned will be shared in upcoming updates below.
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An Elite, Zero-Emission Electric Road and Sea Vehicle
We are Poseidon AmphibWorks, a forward-thinking team developing efficient, clean, modular amphibious vehicles for transport, commercial, and recreational freedom, dually capable on highways, roads, and water. Named after the god of the sea from ancient Greek mythology, performance & flexibility on both land & sea is part of our DNA. We are currently in the pre-prototype phase, in the process of registering Intellectual Property assets and research and development.
*The above is a rendering of the Trident LS-1. Image features a computer generated concept model.
Product is still currently under development including the overall styling.
We are an electric vehicle and marine engineering driven company focusing on filling the current void for affordable, high-performance, high-efficiency and multi-function electric amphibious vehicles.
Our team consists of members with many years of combined experience in amphibious vehicle operations and sales, marine, electric vehicle powertrain engineering, vehicle composites, traditional manufacturing and technology project management.
*The above is a rendering of the Trident LS-1. Images feature a computer generated concept model.
Product is still currently under development including the overall styling.
Co-founder Capt. Andy Langesfeld and Steve Tice, founder of QuantumWorks, have teamed up to develop this product line to fill a void in the marketplace, starting first with the Trident LS-1. This line of next-generation, small-to-midsize amphibious vehicles will have a range of applications and markets, spanning recreation, adventure, personal & commercial transportation, as well as search-and-rescue.
The Problem
Growing Amphibious Demand Due to Climate Change
Our world as we know it is changing, bringing water levels and flooding right onto our streets and doorsteps. In order to keep up with climate change humans will need to adapt quickly to the challenges we expect to be facing.
*The above vehicle shown is not an amphibious vehicle and was not developed by Poseidon AmphibWorks.
A sea level rise of 1-8 feet is predicted by 2100, and some say that could happen as soon as 2050 (source, source). Flooding is happening more often and in places that historically might not have been flooded before (source).
As the number of wetland areas rise, vehicle owners are looking for solutions. Having an amphibious vehicle that can serve as a household's recreational vehicle could become a lifesaver when the unexpected happens, however current vehicles within the market offer sub-optimal marine performance and are only legal for off-road use.
Enter Poseidon AmphibWorks.
The Solution
Road and Water Capabilities Combined Into One Vehicle
Our goal is to produce fast and highly efficient road & water electric vehicles unique in the market today and to usher in a paradigm shift for transport, recreation, business, and government applications. To do so, meet the first vehicle in the pipeline: the Trident LS-1.
*The above is a rendering of the Trident LS-1. Image features a computer generated concept model.
Product is still currently under development including the overall styling.
Short for “Land and Sea,” the Trident LS-1 is a patent-pending, electric amphibious 3-wheeler designed to be more efficient in all aspects than current electric boats.
Capable of seating 3+ people, the Trident LS-1 will be a highway road-legal autocycle with integration of high performance hydrofoil marine capabilities for water travel. Additionally, the modular deck supports use cases such as recreation lounging, transport of various sized supplies, and even special handicap provisions. This combination of features and performance for our first vehicle is unique, and to our knowledge no other vehicle exists like it today.
*The above is a rendering of the Trident LS-1. Image features a computer generated concept model.
Product is still currently under development including the overall styling.
The multi-motor design of the LS-1 powertrains will allow for some interesting features. For example, for marine travel, station keeping, rudderless operation, and lower-speed lift up on foils of the vehicle, are just some of the planned possible functions. For land operation, all-wheel drive, torque vectoring, and torque vectoring-enabled power assist steering (to benefit smaller, more efficient power assist module) will be included.
Safety features like seat belts and blind spot cameras will be included, exceeding what is required by both road and marine governmental agencies as well as what other Autocycle OEMs are offering.
*The above is a rendering of the Trident LS-1. Images feature a computer generated concept model.
Product is still currently under development including the overall styling. Performance statistics shown are projections.
The Trident LS-1 will be capable of lifting out of rough water fast. “Fly over the waves” to avoid wave-induced bumps and enjoy a smooth ride, equipped with true fly-by-wire steering. With our patent pending foil innovations, the Trident will lift out of the water at a lower speed than equivalent foil-enabled craft.
Getting the boat to lift from the water and “fly” on hydrofoils will be handled by the onboard flight control system, and once on foils, the boat will maintain stability under computer “flight” control. Smartphone charging, 12VDC, and 110Vac device power supplies, certified for marine use, will be included. More features will follow, as the LS-1 will be upgradeable Over-The-Air (OTA).
*The above is a rendering of the Trident LS-1. Image features a computer generated concept model.
Product is still currently under development including the overall styling.
The LS-1 design optimizes efficiency both on-land and in-water to get the most range and performance from a proven, commercially-sourced battery system, with the basic vehicle model targeting the average outdoor adventure consumer. Previous amphibious attempts could only be afforded by very wealthy individuals.
*The above is a rendering of the Trident LS-1. Image features a computer generated concept model.
Product is still currently under development including the overall styling.
Our vehicles will be able to enter and exit the water using any regular public boat ramp as well as other hard packed, gently-sloped shore lines, providing alternative routes, opening possibilities to new destinations, as well as bypassing stifling traffic in many cities that represent untapped transportation routes. Popular boat ramp navigation apps such as "Marine Ways" will make navigation from ramp to ramp a breeze. Additionally, users will have access to OTA updates and remote performance & systems monitoring, all while charging at home or at Level 1, 2 and DC Fast Charge charging stations.
Like Tesla Motors, a first mover in the electric road vehicle space, our business model will consist of direct-to-consumer sales of vehicles.
Later commercial versions will also be sold directly to user groups like search-and-rescue teams, fire departments, military & coast protection, and limo & taxi fleets.
The Market
Filling a Void in the Marketplace
In 2021, the value of the Global Amphibious Vehicle Market was close to $3B, with projections that the market is expected to hit $4.71B in 2027 (source). Similarly, the related Global UTV/ATV Market is valued at $7.6B in 2017 and is expected to exceed $12B by 2027 (source).
*Information based on internal research conducted by company when paired with additional statistics (source)
As COVID introduced a new wave of outdoor activity and increase in camping, bicycling, and other adventure vehicles (source), we expect the market trends to continue into the untapped category of amphibious vehicles.
Amphibious vehicles are needed for a range of real-world operations, from taxi shuttles to military, tourism, and even as a dual purpose yacht tender connecting yachts with an easy transport option to shore, where these vehicles then effortlessly become a very capable and street legal vehicle. Our combination of features uniquely solves the demand vacuum.
*The above is a rendering of the Trident LS-1. Image features a computer generated concept model.
Product is still currently under development including the overall styling.
Up to this point, we believe that past suppliers have failed to create efficient, affordable and reliable products, and even today, nobody is currently supplying 3+ passenger recreational or commercial amphibious vehicles that meet our standards of on-water performance and meet U.S. marine & highway regulations. Past amphibious vehicles have been inefficient, expensive, maintenance intensive, and ran off fossil fuels.
By being entirely electric and an “autocycle,” the Trident LS-1 will have a lower drag both on the water and the road, also benefiting from reduced crash requirements (meaning reduced investment required) of 4+ wheeled road vehicle regulations.
On the water, the Trident will automatically offer several levels of redundancy and safety, going into “limp mode” (lower speed to preserve remaining battery energy) to extend range, with additional REX (range extender) options available for those that require longer range and operational flexibility.
With our strategically-structured team, our focus on abiding by all existing regulations from the start, and our affordable price point, Poseidon AmphibWorks is expecting to be a market breakout.
Our Traction
Suppliers Identified and Board of Advisors Assembled
Poseidon Amphibworks has assembled a deeply-experienced team comprised of world class marine engineering groups, as well as teams with superb experience in low-volume & optimized manufacturing, electric powertrains, and marine engineering.
The Trident LS-1, our launch product, is patent-pending and has been preliminary designed for prototype final design and build, meaning our all-wheel drive powertrain design and key innovative hydrodynamic features have been analyzed and refined with computational fluid dynamics computer-aided engineering tools.
Poseidon AmphibWorks has also started preliminarily planning future vehicles within the Trident lineup, including luxury, limo shuttle, and custom-designed Search & Rescue models.
*The above is a rendering of the Trident LS-1. Image features a computer generated concept model.
Product is still currently under development including the overall styling.
Why Invest
Poised to Represent a Paradigm Shift in Transportation
We believe our electric multi-function amphibious vehicles will represent a paradigm shift in transportation.
With a proven team working to develop solutions for the challenges posed by climate change, our StartEngine raise is the first step needed to make this vision a reality. Unlike former attempts at commercial amphibious vehicles, our team is designing for consumer approachability and reliability from the start, all while complying with highway and marine regulations.
*The above is a rendering of the Trident LS-1. Image features a computer generated concept model.
Product is still currently under development including the overall styling.
After prototypes are tested within the next five years and services are established in main coastal markets around the world, we hope to have 750-1000 vehicles sold globally, with many more exciting developments in the horizon beyond.
We have what it takes to take on the future. Join us and invest in Poseidon Amphibworks today.
ABOUT
HEADQUARTERS
425 W. Park Drive #10
Miami, FL 33172
WEBSITE
View Site
A single, street legal vehicle that can effortlessly transition back and forth between land and water, and efficiently operate as a road vehicle as well as a boat, has been a dream for many around the world, yet the only options available have been over-priced, low quality, or have suffered from performance compromises and regulation hurdles. Poseidon AmphibWorks plans to change that, filling the void in the marketplace with an elite and affordable, electric amphibious vehicle that will combine unique technologies to optimize efficiency in both land and sea. Currently pre-prototype, our vehicle has the potential to be a paradigm shift for transport, recreation, business, and government applications.
TEAM
Steve E. Tice
CEO, CTO, President & Director
He has excelled at leading creative, business, managerial, and technical teams to achieve and exceed goals. Proficiency in technical design, engineering, and development of products and tools spanning aerospace, hybrid and electric vehicles, video game systems, digital animation, web apps, 3D graphics, and more - he has Masters of Aeronautical Engineering with Minors in CAE and Management from RPI (Rensselaer Polytechnic Institute). Co-designed and led analysis and simulation of a unique and novel series hybrid electric vehicle at RPI in 1978. Co-founded technology milestone companies like EVDrive and QuantumWorks in electric powertrains and real time computer graphics companies like SimGraphics Engineering (all still in business today) and Virtual Celebrity Productions. Designed and managed development of an AWD 4 motor UTV capable of unique torque vectoring functions like zero radius turns, at MotoVox, a big box powersports oem.
Developed groundbreaking software, content, and tools for industry giants such as Nike, P&G, AT&T, Hasbro, Sci-Fi Channel, Northrop, Nintendo, IBM, and Rockwell International. Astute, decisive, and able to translate executive leadership expertise to multiple business sectors. Leverage advanced technical acumen to establish credibility with prospective new clients or partners. Possess dynamic communication, negotiation and relationship management skills, with talent for defining and capitalizing on client needs. Insightful, resourceful, and adept at leading development and execution of high-impact marketing and business development strategies to achieve specific company objectives. Considerable expertise in strategic planning, resource optimization, and P&L management. Able to inspire high-performance teams to achieve aggressive revenue and profit goals. Highly skilled at connecting with, inspiring, and managing people from diverse cultural backgrounds. Excels at defining, developing, and collaboratively guiding business strategy and company direction.
Andy Langesfeld
V.P. Amphibious Operations, Co-Founder, Director
During different parts of his life, he was an FAA-certified pilot, a commercial hovercraft captain, a seaplane ultralight flight instructor, and an amphibious passenger vessel Captain with thousands of hours logged in different brands of large amphibious vehicles. He has also owned, restored, and upgraded different brands of amphibious cars eventually becoming the go to person for the Watercar Panthers since the factory stopped production in 2018, which he still does today.
Amphibious vehicle design and operational expert - He has been operating mainstream water sport tourist attractions since 1989 with the last 15+ years dedicated to amphibious buses / duck tours in Miami and Fort Lauderdale.
As part of running amphibious bus tours, Captain Andy oversaw the training tourist operators around the world.
He has consulted for search and rescue operations in the U.S.
He has sold, trained, serviced and consulted for 1-2-4 seat vehicle companies such as Gibbs, Watercar. Currently one of his companies focuses at Watercar (https://car-boat.com/) and Service.
He has serviced and maintained several of the later Watercar Panthers sold in the US and currently use an amphibious Watercar several days a week to commute, train new owners or educate people on the advantages of owning a street-legal, coastguard certified amphibious vehicle.
He has also consulted for one of the world leaders in high performance road and sea amphibian manufacturers, Gibbs Technologies for 2 years. In addition, even after Watercar stopped production in 2018 -and he still managed to sell most of their 2018 production inventory - that is how high the demand was and STILL IS, even at the $150+k price point and a maintenance intensive design.
He also runs the Miami Land and Sea company, which has operated commercial amphibious buses in Miami for almost a decade.
His company has also restored, repaired and sold several amphibious vehicles for other operators.
While based in Miami, Fl. he has contributed to the set up of amphibious tour businesses in the Caribbean, Cayman Islands, Hawaii and Guam.
Hovercraft experience - He has imported and represented this brand (Hovery) He has also made improvements to this single seater which started as a single engine and evolved into a twin engine.
TERMS
Poseidon AmphibWorks
Overview
PRICE PER SHARE
$1.25
DEADLINE
Sep 8, 2022
VALUATION
$10.63M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$318.75
MAX INVESTMENT
$1,069,947.50
MIN NUMBER OF SHARES OFFERED
8,000
MAX NUMBER OF SHARES OFFERED
855,958
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Non-Voting Common 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*
Time-Based Perks
Friends and Family
Invest within the first 48 hours and receive 12% bonus shares + a 15-minute call with Co-Founder and CEO, Steve Tice, and Co-Founder and VP of Amphibious Operations, Captain Andy + a 20-minute Amphicar Amphibious Tour at the Boat House in Orlando, FL.
Super Early Bird Bonus
Invest within the next 2 days to receive 10% bonus shares + a 15-minute call with Co-Founder and CEO, Steve Tice, and Co-Founder and VP of Amphibious Operations, Captain Andy.
Early Bird Bonus
Invest within the next 3 days and receive 5% bonus shares.
Amount Based Perks
Tier 1 | $2,000
Invest $2,000 and receive 3% bonus shares.
Tier 2 | $5,000
Invest $5,000 and receive 6% bonus shares.
Tier 3 | $10,000
Invest $10,000 and receive 9% bonus shares.
Tier 4 | $15,000
Invest $15,000 and receive 12% bonus shares + 15-minute call with Co-Founder and VP of Amphibious Operations, Captain Andy + a 20-minute Amphicar Amphibious Tour at the Boat House in Orlando, Florida (up to 3 people per car).
Tier 5 | $25,000
Invest $25,000 and receive 15% bonus shares + 15-minute call with Co-Founder and CEO, Steve Tice, and Co-Founder and VP of Amphibious Operations, Captain Andy + a 20-minute Amphicar Amphibious Tour at the Boat House in Orlando, FL (up to 3 people).
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Poseidon AmphibWorks, 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 $1.06 / share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 shares for $106. 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 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).
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
ALL UPDATES
05.16.23
Mark your calendars! 📅 Our first webinar is coming up.
Dear Valued Oncolyze Supporters,
We are immensely grateful for your unwavering support and belief in our mission to revolutionize cancer treatment. Your continuing investments have brought us closer to achieving our goals, and we look forward to sharing our progress with you during our upcoming webinar.
We are thrilled to announce that we will be hosting a live webinar exclusively for prospective investors like yourselves. This webinar is scheduled to take place on May 30th at 10am PST and it will provide an in-depth look into Oncolyze's vision, achievements, and future plans. It will be an excellent opportunity for you to gain further insight into our cutting-edge technology and how it has the potential to revolutionize the field of oncology.
During the webinar, you will have the chance to hear directly from me, Steve Evans, Co-Founder and CEO of Oncolyze. I will be going over our body of preclinical data in detail, including more recent findings and thoughts about where Oncolyze will play a role in a very personalized approach to immunotherapy, and the positive impact we aim to make in the lives of cancer patients worldwide. It will also be an opportunity to address questions from prospective investors.
By attending this webinar, you will:
- Hear in detail about Oncolyze's latest developments.
- Have the opportunity to engage with the Co-Founder and CEO of Oncolyze.
- Learn how your investment can contribute to the future of cancer treatment.
To secure your spot for this informative session, please visit our webinar registration page. Spaces are limited, so we encourage you to sign up as soon as possible.
Thank you once again for being an integral part of our journey. Together, we can make a profound difference in the lives of countless individuals battling cancer.
Warm regards,
Steven J. Evans. M.D.
Chief Executive Officer
Oncolyze
05.05.23
WHY HYDROFOILS? especially electric powered...
Thank you LIFT OCEAN for some great slides 1, 2, 3 and 5!
04.12.23
Amphibious Reliable Transportation Needs are Still Not Served
By Marcelo Benbassat (Former Director of International Sales Gibbs Sports Amphibians)
Next Generation "Why"? - Quadskis, Aquadas, Terraquads, Triskis, Biskis, (some shown above) as well as many other high Speed amphibians either failed or not properly answered the needs of the many enthusiasts worldwide. So yes, a few companies have tried and did build (temporarily) amphibians, however due to either lack of a proper market study & strategy or in other cases very poor designs, they were not able to continue catering the needs of so many users around the globe. I can say in confidence using my own experience that every single customer, distributor, government agency, marina owners, etc., are still waiting "today" to find the solution to their many needs. Each of the mentioned groups have made numerous requests to me personally since they have all used these prior generation amphibian vehicles with very poor overall results.
Global Demand - Still in the back of my mind, right after we have stopped production & selling of the Quadskis, I was getting very excited about when the next generation of updated Amphibians was going to become available. There have been again many companies trying to come up with a solution as the already mentioned amphibians have left a big void that now 6 years later may be properly addressed. Getting it right while covering all of the previous down faults has indeed taken a long time, but the end result in my opinion will be something that will indeed disrupt (in a very positive way) the amphibian market for the decades to come.
Then Poseidon sends me their Trident LS-1 information ... READ THE REST HERE - The "Underserved Demand" - https://lnkd.in/gNedZUEc
03.24.23
Investors and Followers, a favor ...
Would you be so kind as to forward this NEW e-mail address investors@poseidonamphibworks.com , to any interested investors in your network.
Work continues ... more suppliers and partners are being identified, design modifications are underway on many of the subsystems of Trident LS-1 to allow lower cost manufacturing in small batches so we get vehicles out to investors as soon as possible, and a new slide deck link for investors has been e-mailed to our current investors directly. Please feel free to forward to your network of those who may be interested in supporting our unique electric vehicle development.
The links below my signature are what we currently use in our social media and e-mails, which are included in the auto reply message to e-mails sent to investors@poseidonamphibworks.com.
Most Respectfully,
Steve E. Tice
Co-founder, acting CEO, CTO
Poseidon AmphibWorks Corporation (PAWC)
AUTO REPLY LINKS
Poseidon AmphibWorks Corporation (PAWC) - http://www.poseidonamphibworks.com/
MARKETING RESEARCH CAMPAIGN CLOSED - https://www.startengine.com/poseidon
For latest UPDATES follow: https://www.linkedin.com/company/poseidon-amphibworks
Trident LS-1 Overview - https://www.dropbox.com/s/ep0qfglckzxcfvd/Show%20Banner2%20256437.pdf?dl=0
Trident LS-1 Size Comparison - https://www.dropbox.com/s/d9azivof568ky51/Trident%20Size_Comparisons.jpg?dl=0
Trident LS-1 Operations Video #1 - https://vimeo.com/791999857
Trident LS-1 Foils Flight Controls Prototype - https://vimeo.com/742794636
03.17.23
Conceptual design (not exterior style) complete - last of the Standard Base Features - FOLD DOWN DOORS
Due to our laser focus on cost and weight for our 1st vehicle Trident LS-1, the fold down doors shown below, seemed like a tough sell to accomplish our goal. However, after evaluating a new production method and set of light/low cost materials for the upper body parts, we may be able to include this feature.
BENEFITS: EASIER ENTRY/EXIT and MORE DECK SPACE FOR RELAXING either on the water or land.
With the new style v5, not shown yet to the public, almost all the extra "rollbars" have been eliminated as shown in v4 style below. There is still the need for occupants to bend down under one roof bar to enter exit from the single fold down tailgate and stairs. Not shown below, but the single roof bar that goes from top left to top right will be at the front foil vertical track location.
The four fold down doors (integrated "swim stairs like" design not shown) allow a more traditional entry/exit to our vehicle. PLEASE ALL COMMENTS WELCOME - NOW IS THE TIME TO MAKE CHANGES prior to embarking on the detail design of the prototypes.
We hope to have news soon on our new investors who will allow us to move to final exterior design, detail design, analysis and simulation of the prototype hardware and software. Stay tuned... best way to keep updated is follow: https://www.linkedin.com/company/poseidon-amphibworks/
01.23.23
Trident LS-1 - Latest Video depicting Land to Water to Land Operations Using Boat Ramp
We are proud to release this video to give a glimpse of the value of our 1st vehicle of the Trident family. the Trident LS-1
See "Trident Hydrofoil-Enhanced Amphibious Vehicle Product Family" for rest of the planned product line - https://lnkd.in/dYEhi-vt
Trident LS-1, an affordable ~$100k projected, all-electric amphibious hydrofoil highway legal vehicle - all other electric hydrofoil (non-amphibious) boats being sold today or promised, are over $350k USD!
This latest Video depicts Land to Water to Land Operations Using Boat Ramp - some major features shown
#TridentLS1
Also https://lnkd.in/gV23X9WX and https://lnkd.in/gfCBMB2D
Hope you enjoy this video - please comment!
EXTERIOR and INTERIOR STYLING not finalized - this is one of the latest types of styles being evaluated
12.29.22
End of Year 2022 Updates
First off thank you very much for following, supporting and investing in our truly unique vision for electric mobility during our first year 2022.
1 - Our investment agent is optimistic about raising the rest of the required funds early in 2023 to complete the design, build and test the 1st Trident LS-1 prototype. Fingers crossed ;-)
2 - We are progressing through some of the prototype design and build tasks such as: Thruster foil options, design for lowest cost manufacturing and automation, exterior style cab forward revisions and Supplier/partners identification. e.g. motor/inverter/gearbox, e-clutch suppliers identified, aluminum boat hull robotic welding concept ONLY identified from Sweden's TDRi, U.S. operations of similar capabilities being researched, etc.
3 - Concept explainer video in production depicting boat ramp to water back to boat ramp operation.
4 - We are still the only company publicly announced developing electric hydrofoil marine vehicles that will be affordable and provide high value proposition to customers due to multiple capabilities of land and sea operations, and offering both transportation and recreation applications.
5 - The most up-to-date information about our progress will be published here: https://www.linkedin.com/company/poseidon-amphibworks/
We wish you a happy, healthy, safe and prosperous 2023 New Year!
11.22.22
Electric Marine Landscape - Recent Financial Transactions and Competitive Overview
Here is a snapshot of some notable and related investments in other electric marine companies
https://www.dropbox.com/s/42d1px2bl5n7jw3/E-Marine_Recent_Transactions_slide.JPG?dl=0
Here is a comparison of electric outboards on a boat and 2 electric hydrofoil vehicles capable of 25mph / 22 knots cruising
https://www.dropbox.com/s/08t7c3ebua35o5r/E-Marine_Options_Comparisons.jpg?dl=0
We hope you are circulating our information to those visionary investors to help su complete the 1st prototype to prove how amazing this 1st vehicle will be!
11.21.22
Design Analysis of our 1st model Trident LS-1 continues... Ergonomic analysis
Our first model Trident LS-1, the entry level model, needs to be at the reasonable sell price that we proposed.
Because of focus on cost, elimination of real doors and windows not only saves cost but saves weight which is crucial for getting the most range out of the smallest battery pack both for road and water travel.
Here are snapshots of some human factors ingress/egress analysis using the worst case 95th percentile human male, via 2 method s: rear folded stair tailgate entry and side entry via fold out step.
We will do trade off analysis to see how much weight and cost two front doors will add to this LS-1 base model.
https://www.dropbox.com/s/jm92uy9czvf229s/Human_rear_access-ergonomics_trades.jpg?dl=0
https://www.dropbox.com/s/eecys79blpes906/side_step_blue_men.jpg?dl=0
10.20.22
MEDIA and CONTENT LINKS List UPDATED - We are getting noticed...
Media and investors are noticing how unique our project is worldwide ... we hope to announce the kickoff of the prototype development phase soon ... stay tuned ...
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
Andre Balogh
a year ago
I just invested. This looks like a winner!
1
0
Dan Wolfson
a year ago
Investing in Startengine campaigns requires signing up for a free account but it does not obligate you to invest. It will show you promising startups so you can get in early. You can also ask questions and post comments.
2
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Dan Wolfson
a year ago
Nice Sandy Munro update! Poseidon has a strong team and he's a great addition to your board of advisors. These links below further emphasize the points made in the update, at least for me.
https://youtu.be/n9JGa8OQQBU and https://insideevs.com/news/542687/munro-musk-design-philosophy-parallels/
1
0
Dan Wolfson
1 INVESTMENTS
a year ago
As a long-time EV owner and technology enthusiast I think this combination of electric power and hydrofoils design makes complete sense. There are so many compelling uses for an electric high-performance amphibian listed on this site and I believe this team understands how to make it happen. I'm excited to be an investor.
1
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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.
Francis Hackett
a year ago
2
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