GET A PIECE OF VOLTAIC MARINE
Electrifying Watercraft
$61,481.12 Raised
REASONS TO INVEST
A NEW VISION FOR HIGH-PERFORMANCE WATERCRAFT - 500hp electric powertrain, durable aluminum hull, and patent-pending ground-up design delivering profound performance. Experience silent propulsion, free of exhaust smell, an open layout with ample storage, and an amazing wake.
FAST TIME-TO-MARKET WITH MINIMAL DEVELOPMENT RISK - Our strategy uses proven suppliers, techniques, and components for a quick market entry. Established aluminum hull manufacturing means no production line development is needed. We are ready to build production-intent prototypes now!
STRONG MARKET - The global recreational boating industry is projected to be worth over $230B by 2024.* Voltaic Marine is one of a few brands focused on clean energy in the new but rapidly growing sector, projected to reach $14.9B by 2030 with a CAGR of nearly 13%.*
the pitch
Voltaic Marine is on a mission to electrify the marine boating market and accelerate the adoption of clean energy technology. The company is initially focused on developing purpose-built EVs with its patent-pending battery and hull design for water sports. Within the $230B recreational boating market (source), the company is utilizing a scalable platform that is adaptable to any make, model, or market segment.
Next Wave Technology for Water Sports and Recreational Boating
“I’m super excited for the future of Electric Water Sports Boats and believe Wake Surfing is a great sport to take advantage of some of the performance advantages Electric Motors can bring, using Batteries for Energy and Ballast while offsetting Smell, Exhaust, and Noise. Voltaic Marine is also tackling “range anxiety”, which is the real barrier to entry for Electric Boats.”
*Chad Carlson is a compensated-partner of Voltaic Marine, Inc.
*This testimonial may not be representative of the experiences of other customers and is not a guarantee of future performance or success.
Our ground-up patent pending design will deliver performance without noise and exhaust. The AEW24 is sleek, strong, and designed for all-day water sports, enabled by our proprietary battery architecture. We will expand adoption through branded models, OEM services, and retrofit kits.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
THE PRODUCT
Our First Model, AEW24 for Water Sports
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
Electric boats are great for water sports like wake surfing, with benefits that match the sport's demands for heavy ballast, powerful motors, and low speeds. Batteries serve as static weight ballast and electric motors offer instant torque, all at lower speeds, resulting in larger wakes and longer run times.
With a 200kWh battery, the AEW24 can last for an 8-hour day on the water with a single charge and can Fast Charge up to 80% in two hours.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
The run time of the propulsion system has the potential to be ~2x with future advances in battery technology.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
The Problem & Our Solution
A Sustainable, Scalable Platform for Bringing Electric Vessels to the Water
Recreational boating is popular, with over 12 million registered boats in the US. However, most of these boats run on gasoline, causing environmental problems such as pollution, decreased oxygen, and high water toxicity. European countries are starting to ban fossil fuel systems in boats and the marine industry is expected to be impacted by the growth of EVs in the automotive sector. (source, source, source)
(source)
(source)
Voltaic Marine aims to provide environmentally friendly electric boats to the underserved recreational boating market. The company has a team of experts developing the next generation of marine EVs starting with Water Sports, using a scalable platform that will allow for mass production and the creation of other Models for the marine industry.
Electric boats have advantages over traditional boats including being more efficient, having instant torque and acceleration for water sports, while causing no emissions or exhaust noise. Another key advantage is that the batteries provide consistent ballast for creating the perfect wake, unlike fuel tanks, which reduce in weight as the fuel is burned.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
Voltaic Marine has a competitive edge with its optimized battery and hull design for water sports, pending utility and design patents, and minimized development risk.
The Market & Our Traction
We Believe We Are Leading in Marine Industry Innovation
Paving the way in the recreational boating industry with the goal of bringing the first All-aluminum, Electric Water Sports Boat to market. Our focus on EVs, aluminum hulls, and water sports creates a unique market position and brings us to the forefront of the clean energy movement.
(source)
Voltaic Marine is introducing the AEW24 to reach the majority of the US boat market, which mainly consists of 16-26 foot long mechanically propelled boats. Intending to produce 500 boats annually by Year 5, this represents a modest 0.16% of the US annual unit sales and 3.84% of US Wake Boat sales. The company aims to offer competitively priced models within the industry's range of $150k to $600k MSRPs. 2021 figures (source).
For over two years the team has been working diligently on its core engineering elements, including hull and battery design, high-voltage propulsion, and thermal management architectures. As a result, the company has design and utility patents pending, and in 2020 Voltaic Marine was recognized with a Most Distilled Award from the Cascadia CleanTech Accelerator Cohort (source).
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
We are ready to build prototypes with final designs, partnering with material suppliers and growing customer interest with a letter of support from our first retail partner.
Why Invest
Invest in an Early Stage CleanTech Enterprise With Competitive Edge
Entering a growing cleantech marine industry, we aim to lead marine EV design/manufacturing and offer a diverse range of products while pushing the market towards clean energy.
*The above is a rendering of a future product. Images are computer-generated demo versions. The product is still currently under development and is not yet available on the market.
With new funding, we will build production-intent prototypes, refine our software, and quickly bring our product to market. Thank you for investing in our mission!
ABOUT
HEADQUARTERS
4145 S.W. Watson, Suite 350
Beaverton, OR 97005
WEBSITE
View Site
Voltaic Marine is a cleantech-focused boat-building brand, developing electric vessels (EVs) for water sports and the recreational boating market. The company is currently in the prototyping phase and raising funds to complete testing, and validation, to begin production. The company is currently in the pre-revenue stage of business development.
TEAM
Richard Hau Phamdo
Founder / CEO
Thomas Reed Stevens
COO
Abdul Wariz
Naval Architect
Chase Collins
Mechanical Engineering
Dan Lay
Industry Consultant
Chad Carlson
Professional Wake Surfer
Titles:
1st place - CWSA North American Championship
1st place - CWSA 10k Lakes Open
2nd place - CWSA World rankings
3rd place - CWSA World Wakesurf Championships
3rd place - CWSA World Wakesurf Championship
3rd place - Wild West Shootout AZ
Paul Lackey
Strategic Partner
Bob Simpson
Strategic Partner
Haze Automotive
Key Infotainment Partner
Larry Rinehart
Advisor
Bill Beverley
Advisor
TERMS
Voltaic Marine
Overview
PRICE PER SHARE
$1
DEADLINE
Jun 22, 2023
VALUATION
$25.59M
FUNDING GOAL
$15k - $1.24M
Breakdown
MIN INVESTMENT
$200
MAX INVESTMENT
$1,235,000
MIN NUMBER OF SHARES OFFERED
15,000
MAX NUMBER OF SHARES OFFERED
1,235,000
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
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.
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.
Investment Incentives and Bonuses*
Time-Based Perks
Friends and Family - First 72 hours | 30% Bonus Shares
Super Early Bird - Next 72 hours | 20% Bonus Shares
Early Bird Bonus - Next 7 days | 10% Bonus Shares
Volume-Based Perks
Tier 1 Perk — Invest $5,000+ and receive 5% Bonus Shares
Tier 2 Perk — Invest $10,000+ and receive Build Slot Reservation + 10% Bonus Shares
Tier 3 Perk — Invest $25,000+ and receive Build Slot Reservation, 1 on 1 Virtual Meeting with Voltaic Marine’s CEO, Richard Phamdo + 20% Bonus Shares
Tier 4 Perk — Invest $50,000+ and receive Build Slot Reservation, 10% Discount on Final Build Purchase Price, 1 on 1 Virtual Meeting with Voltaic Marine’s CEO, Richard Phamdo + 30% Bonus Shares
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Voltaic Marine, 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 $1.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
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.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
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W Kim Colich
3 months ago
Hi, how about extending your campaign another 30 to 60 days?! Thanks. Blessings
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Richard Koch
3 months ago
How will you logistically support customers after the sale? Will you manufacture and supply parts and pieces for your partnered dealerships? Will you offer factory training for their technicians? As products gain acceptance and manufacturing can support demand, a lot of people work on their own boats, will the do-it-yourselfer be supported (well down the road, so to speak).
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Timothy huckaby
5 months ago
What are your net margins?.. what are your operating cost? Your plan on distribution and marketing? How do you plan to stand out from the crowd? How are you all better..
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Makoto Shibuya
6 months ago
Exciting to see the progress! Electric boats are the right choice on so many different levels. One step closer to electrifying everything, and I can't wait to get out on the water in one of these. Other boats feel obsolete already. Keep up the great work! Solid team.
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Cody Covey
6 months ago
As Americans continue to demonstrate an ongoing prioritization of a life well-lived outdoors and ever-rising consumer demand for electric vehicles, the electric boat revolution is well underway and I couldn’t think of a better company to invest with to help accelerate this transformation.
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Eric Hann
7 months ago
Seems like a logical expansion of the EV market. Cars, trucks, motorcycles. Recreational boating just fits.
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HOW INVESTING WORKS
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Mason Nelder
a month ago
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