Poseidon Amphibworks Corporation

Electric Amphibious Vehicles

Poseidon Amphibworks Corporation

Electric Amphibious Vehicles

Miami, FL
Transportation
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.

$8,565

raised
18
Investors
$10.6M
Valuation
$1.25
Price per Share
$318.75
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$8,565

raised
18
Investors
$10.6M
Valuation
$1.25
Price per Share
$318.75
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into Poseidon Amphibworks Corporation:

$318+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$2,000+
Investment
Tier 1 | $2,000
Invest $2,000 and receive 3% bonus shares.
$5,000+
Investment
Tier 2 | $5,000
Invest $5,000 and receive 6% bonus shares.
$10,000+
Investment
Tier 3 | $10,000
Invest $10,000 and receive 9% bonus shares.
$15,000+
Investment
Tier 4 | $10,000
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).
$25,000+
Investment
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).

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.

--

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).


(sourcesource)


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.

Offering Summary


Company

:

Poseidon AmphibWorks Corporation

Corporate Address

:

425 W. Park Drive #10 , Miami, FL 33172

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,069,947.50

Minimum Investment Amount

(per investor)

:

$318.75











Terms


Offering Type

:

Equity

Security Name

:

Non-Voting Common Stock

Minimum Number of Shares Offered

:

8,000

Maximum Number of Shares Offered

:

855,958

Price per Share

:

$1.25

Pre-Money Valuation

:

$10,625,000.00











*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.

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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.


Updates

EXTERIOR STYLING OPTION 1 revealed below showing one potential direction for the exterior vehicle look of our first vehicle

11 days ago

EXTERIOR STYLING OPTION 1 Shows just one exciting and promising exterior styling direction.

These computer graphics generated images show our core platform with just one exterior styling option being explored, both with the flexible windows feature and dual soft tops closed. 

(3D COMPUTER GENERATED IMAGES SHOWN ARE JUST ONE POSSIBLE DIRECTION OF WHAT THE FINAL EXTERIOR STYLING MAY LOOK LIKE FOR THE PROTOTYPE AND ONCE IN PRODUCTION)


Trident LS-1 prototype being designed from the start to provide VALUE to its customers - Standard Sliding Ragtop and optional Camping kit shown in this update

about 1 month ago
Trident LS-1 being designed (still in prototype design, not in production) from the start to provide VALUE to its customers - that is, a reasonable purchase price for a multi-function modular re-configurable vehicle that supports many applications. The modular rear deck has many creative uses.

Shown below is the optional camping kit.   Also shown below is the flex windows and sliding ragtop, which are standard in the base model.

Sliding rag top open

IMPROVED MARINE CAPABILITES and LESS PARTS - Work continues on Trident LS-1 - Concept Version 3 Complete

about 1 month ago

This new baseline version is intended to increase functionality in low speed marine mode to make all thrusters  usable plus now the foils can operate at various settings.  For very calm water, or shallow water, foils can now be deployed to half or less than their full deployment level (see second  CGI picture below - wheel retraction is NOT shown in this CGI picture).

In addition, this version reduced some KEY custom parts for the foil system, for example, now all foils use the same deploy/retract mechanism.

This iteration intended to NOT address IMPROVED exterior styling (those options will be completed soon and shared in the next few Updates - feedback encouraged)

Notice for ROAD mode, NO EXPOSED thrusters in road mode.  

Image below shows shallow water hydrofoil configuration for both low to medium speed operation. (as shown wheels retracted for all marine operations)

Image below shows both smooth water hydrofoil operation and rough water configuration. (wheels not shown retracted below)



UPDATE - Subsystem Preliminary Design and Analysis - Suspension dual mode and long travel delivers advantages

about 1 month ago

Long vertical range of suspension travel allows smoother travel on unpaved or bumpy steeper boat ramps plus lower ride heights for better aerodynamics and handling on the road - as an example here is conceptual design on the front axle - CLICK for PRESENTATION

Congrats to our Advisory Board Member All American Marine, Inc. (AAM) getting contract to build H2 fuel range extended 70-ft. SWITCH ferry

about 1 month ago
Congrats to our Advisory Board Member All American Marine, Inc. (AAM)experts in multi-hull design, engineering and light weight aluminum hull manufacturing, just announced getting build contract from SWITCH Maritime LLC to build "Sea Change", North America’s first commercial hydrogen fuel cell range extender (360kW)/battery (100kWh), zero-emission e-ferry, a 70-foot, aluminum hull 75-passenger zero-emissions, electric-drive ferry that will operate in the California Bay Area. 
All American Marine is invaluable to the development of Poseidon AmphibWorks Trident LS-1 prototypes to production version hulls and subsystems.   


Congrats to our Advisory Board Member DLBA Naval Architects

about 1 month ago

DLBA Naval Architects, a Gibbs & Cox Division, gets contract for Next Phase of DARPA’s Long-Endurance Unmanned Surface Vessels Program - MORE THAN 1200+ PROJECTS COMPLETED - They specialize in high-performance marine craft design and engineering, yet support all types of vessels and clients from record-setting high-speed race boats to commercial marine tugs and barges.  Supporting Poseidon's cutting edge marine technology design features is perfect fit for the DNA of the company.



IMECAR ELEKTRONIK signs MOU with Poseidon AmphibWorks Corporation to not only support engineering and production but near future European operations.

about 1 month ago

Under this Memorandum of Understanding (MOU) and Poseidon AmphibWorks Corporation agree to be working together to develop parts, supply chain, support engineering where required and manufacturing for the Poseidon AmphibWorks vehicles, such as but not limited to the following:
1 - European homologation design requirements of amphibious autocycle for European markets, right up front during the prototype design and build phase right through to local European production.
2 - Liquid-cooled "pizza box-shaped" ESS battery modules
3 - VCU - vehicle control units and HMI - human-machine interfaces hardware and software both for infotainment and powertrains
4 - 360 degree visual system integrated with the infotainment
5 - Motor/controller evaluation and integration
6 - Eurozone local manufacturing to augment the U.S. Florida-based main manufacturing resources.

We are excited about working with IMECAR, an experienced electric powertrain development company in Europe, with EV experience from trucks, aircraft, sports cars to marine vehicles.  Linkedin post  .... MOU letter

Congrats to our Advisory Board Member Munro & Associates on the launch of their Linkedin page.

about 1 month ago

We congratulate them on their launch of their new linkedin page -  Munro has been in the media spotlight for many years.  Coverage has included major publications, such as Bloomberg, The Wall Street Journal, and Forbes and their Youtube channel MUNROLIVE is not to be missed. Of note, Elon Musk and Sandy Munro mutual respect and similar philosophies are well documented - "great minds think alike".

We are honored to have Munro & Associates onboard as one of our Board of Advisors and are confident their support will help Poseidon attain its design and manufacturing cost goal challenges.  

Amphibious vehicles, luxury or necessity? In the year 2100 Miami Will Be 5 Ft. Underwater!

about 1 month ago

In 2100 Miami Will Be 5 Ft. Underwater.   Miami Was 30 Ft. Underwater Only 120,000 Year Ago. “If one wants to see evidence if a higher sea, downtown Miami is a good place,” says Daniel Muhs, a United States Geological geologist. 

So as Poseidon AmphibWorks co-founder Captain Andy has often asked, are amphibious vehicles, luxury or necessity?  His answer, it is both - amazing flexibility from recreation to transport but when needed a survival vehicle.  Efficient, electric, highway legal, marine legal and high performance makes these vehicles even more valuable.

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