Quad Marine
Revolutionary electric watercraft for the 21st century.
Small OPO
El Segundo, CA
Transportation
Accepting International Investment
Tesla Motors introduced its first production vehicle a decade ago, and the electric revolution was born. Tesla has experienced massive growth and the company's market capitalization has exceeded both Ford and General Motors.
Today, Quad Marine has introduced a revolutionary catamaran that brings clean, quiet, and reliable electric propulsion to the marine industry. We are well-positioned to participate in this rapidly expanding market, and we invite you to join us!
The catamaran was originally popularized in the sixties by beach-cat pioneer Hobie Alter, and it became the nucleus of a very successful worldwide business. The catamaran offers many advantages over traditional monohull boats, and is now the industry-standard marine recreation platform in vacation destinations like the Caribbean and the Mediterranean.
Charter operator Virgin island Sailing points out that "the popularity of catamarans has grown in recent years for several reasons. The multihull design provides a fast, smooth sailing experience with maximum comfort and space."
BVI Yacht Charters explains that “Catamarans are extremely stable, allowing for more freedom to move and play on deck. They are favored for family trips particularly with younger children.”
The Moorings is one of the largest charter operators in the world, and they enthusiastically endorse the catamaran as "the ultimate charter vacation platform offering stability and extraordinary ease of handling."
Catamarans have also proven to be very effective for commercial use as water taxies, ferries, and tourist excursion boats. Power cat manufacturer Alloy Cats notes that the proliferation of catamaran ferries in service all over the world is a result of their increased efficiency and lower operating cost.
As the marine industry transitions to electric power there is an excellent window of opportunity to produce the next generation of clean, quiet, and reliable recreational watercraft. We anticipate that the majority of established boat builders will simply retrofit their existing designs to replace the outdated diesel technology. Quad Marine plans to jump ahead of the competition by introducing a 100% new design that we believe is fundamentally superior to traditional designs in seven key areas.
The Quad 44 Catamaran
The company’s flagship product is the culmination of a 10-year R&D effort to create a cruising catamaran without the flaws and compromises of traditional designs, and without the reliability and maintenance problems of diesel engines. The groundbreaking raised-cabin configuration of the Quad 44 is designed to exceed the performance and specifications of competing boats in seven key areas:
• Much larger accommodation space with quieter cabins
• Improved performance (more efficient / higher speed)
• Eliminates diesel reliability and maintenance problems
• Boarding and disembarking is much easier and safer
• Smoother, more comfortable passage in rough weather
• Much better visibility from enclosed forward helm station
• Storage for two dinghies with safe and easy boarding
The dramatically increased accommodation space is an extremely compelling feature of the Quad 44 and we anticipate a major disruption and redistribution of market share in the industry. Compared to the industry-standard Lagoon 450 catamaran (overall length 45+ feet) the Quad 44 (overall length 44 feet) provides an astonishing 42% larger interior accommodation space (see chart).
Optional Sailing Rig
An advanced sailing rig will be offered as an option to supplement the Quad 44's electric drive. Quad Marine again applies advanced technology and innovative design with the introduction of the Aerolite rig (patent pending), which offers much easier sail handling and trimming than the traditional Bermuda rig. When equipped with the Aerolite rig the Quad 44 will offer essentially unlimited range without the cost, maintenance, and environmental impact of internal combustion engines. An electronic autopilot system is planned that will provide automated control of both the sails and the helm, a unprecedented breakthrough feature for a production recreational watercraft.
Press and Public Response
The Quad 44 electric catamaran was officially announced at the Annapolis boat show in October 2016. Feedback from the show, press, and social media confirms that the Quad 44 is the right product at the right time:
"I would love to see the Quad 44 at the next boat show!"
"I've been waiting for someone to do a boat like the Quad 44."
"Your design really makes sense and has a lot of advantages."
"Looks like a great charter boat for the Caribbean."
"Wow, that's a lot more space compared to other catamarans."
"This would be a really nice boat for a live-aboard situation."
"It's a new concept, I love it!"
"Something I'm going to be keeping an eye on for sure."
"I think your timing with the Quad 44 is quite good."
"We may want to upgrade...we really love your Quad 44"
"Wonderful design, looking forward to seeing more pictures"
"Clearly you have a very innovative boat!"
Design Methodology
The Quad 44 was developed using modern computer design techniques that are more efficient and accurate than traditional methods. The Quad 44 design model is a computer file containing a 3D representation of all mechanical components, and provides a direct path to production using CAM (computer aided manufacturing) technology. The digital model helps to eliminate design errors as all components can be visually evaluated in 3D space, and the amount of paper documentation and printing is substantially reduced.
In addition to the digital design model, Quad Marine has implemented a custom relational database to track every component in the boat. The database automates design and production by storing the specifications of each component such as dimensions, weight, cost, vendor, etc. The design database and the 3D digital model are the two critical tools already in place that will allow us to enter production in a cost-efficient and timely manner.
Target Market and Strategy
The electric vehicle market has experienced growth of over 1000% from 2011 through 2015, and could increase to over 6 million units a year by 2020 (source: US Department of Energy). Tesla Motors has played a big part in the surge in interest and sales of electric vehicles, and the company's market capitalization has exceeded that of both Ford or General Motors.
Government funding programs and incentives, coordinated by the US Energy Department's Vehicle Technologies office, are contributing to the development and expansion of the market. Battery costs have been reduced by 50 percent in the last four years, which has led to lower vehicle costs for the consumer. According to a recent Bloomberg report, the cost of electric vehicles is projected to drop below that of combustion vehicles by 2022. By 2040, electric vehicles are projected to account for 54% of all new vehicle sales.
As the automotive industry benefits from massive R&D investment and volume growth, so will the marine industry. Growth will also be stimulated by increasing restrictions on the use of internal combustion engines. Developing legislation in Europe, India, and other countries is expected to lead to a complete ban on internal combustion engines in the not too distant future.
According to CleanTechnica.com, local bans against internal combustion boats are becoming more commonplace around the world, and recreational boats will see the largest growth among electric boats as a result.
Total world market for hybrid and electric boats and ships (commercial and recreational) is projected to rise to over $20 billion wordwide within 10 years. Unlike the situation with Tesla in the automotive industry, there is currently no established dominant player in the marine industry focusing solely on electric watercraft. Quad Marine is positioned to take advantage of this window of opportunity with a product that offers not only the benefits of electric technology, but is designed to provide superior performance, safety, and accommodation space.
The target market for the Quad 44 is recreational day sailors, live-aboard boaters, extended cruising sailors, and charter operators. The world-wide market for recreational cruising catamarans (sail and power) is estimated at over $500 million/year (source: Cruising World Magazine). Based on the strength of our flagship product we anticipate capturing a substantial share of this market within the first few years of operation. Our long term marketing plans include an expansion of the Quad Marine product line to both larger and smaller watercraft, and production of a passenger-optimized version to address the market for water taxis and sightseeing excursions. We believe these plans will greatly expand Quad Marine's market share and overall revenue.
The company plans to achieve its market share goals through targeted advertising, participation in trade shows, and a strong internet / social network presence. Advertising will be facilitated by the use of the Quad 44 digital design model which we will use to create effective graphic presentations for print and online advertising.
Invest Now!
The trend towards electric technology in the transportation industry is abundantly clear. R&D investment, performance, and market share are all increasing at a steady pace. Quad Marine is committed to exploiting these emerging technologies and combining them with superior design and innovation to establish a leadership position in the marine industry. We invite you to join us as we build the next generation of clean, quiet, and reliable electric watercraft!
Investment
$10/share of Common Stock | Minimum Investment: $250.00
When you invest you are betting the company's future value will exceed $5M.
Perks
$10,000+ Invitation to launch party of first hull, and listing as backer on Quad Marine web site.
$50,000+ Dinner cruise on board Quad 44, listing as Gold backer on web site.
$100,000 Overnight cruise for two on Quad 44, and listing as Platinum backer on web site.
*All perks occur after the offering is completed.
Offering Summary
Maximum 100,000 shares of common stock ($1,000,000)
Minimum 1000 shares of common stock ($10,000)
| Company | Quad Marine, Inc. |
| | |
| Corporate Address | P.O. Box 1434, El Segundo 90245 |
| | |
| Description of Business | Quad Marine will manufacture a line of electric-powered watercraft that exploit emerging technologies from the electric vehicle industry . Our products will offer the benefits of clean, quiet, electric propulsion, combined with industry-leading performance, safety, and accommodation space. |
| | |
| Type of Security Offered | Common Stock |
| | |
| Purchase Price of Security Offered | $10 |
| | |
| Minimum Investment Amount (per investor) | 250 |
Perks
$10,000+ Invitation to launch party of first hull, and listing as backer on Quad Marine web site.
$50,000+ Dinner cruise on board Quad 44, listing as Gold backer on web site.
$100,000 Overnight cruise for two on Quad 44, and listing as Platinum backer on web site.
*All perks occur after the offering is completed.
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 and salary made to management; Expenses labeled "Travel and Entertainment" for the purpose of trade conferences, exhibitions, and customer meetings.
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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$259.00
USD
$0.00
USD
Cash And Cash Equivalents
$259.00
USD
$0.00
USD
Accounts Receivable
$0.00
USD
$0.00
USD
Short Term Debt
$1,351.00
USD
$0.00
USD
Long Term Debt
$0.00
USD
$0.00
USD
Revenues And Sales
$0.00
USD
$0.00
USD
Costs Of Goods Sold
$0.00
USD
$0.00
USD
Taxes Paid
$0.00
USD
$0.00
USD
Net Income
-$1,271.00
USD
$0.00
USD
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
LAST DAY TO INVEST IN QUAD MARINE
about 1 year ago
This is the FINAL DAY to invest in Quad Marine. We encourage everyone following our campaign to make an investment TODAY. A minimum investment of only $250 will more than double our total raised.
Quad Marine is positioned to benefit from several very positive market factors as discussed in our recently-published updates:
1. Strong forecast for the recreational boating industry
2. New technologies resulting from massive auto industry R&D
3. Expanding bans on internal combustion engines.
4. Strong consumer interest in electric vehicles / green energy.
5. Quad 44 design innovations protected by US patent.
6. Global market for electric boats projected to reach $20 billion/year
We are busy preparing for the Dubai International Boat Show where we will have an audience of 25,000 visitors and press coverage reaching millions more. The show is an invaluable opportunity to introduce the Quad 44 to the world and meet with potential manufacturing partners. Your investment will help ensure a successful show and move us closer to the launch of the Quad 44.
We’re looking forward to a great new year, and we invite you to join us as we lead the electric power revolution with a new generation of clean, quiet, and reliable electric watercraft!
FINAL DEADLINE TO INVEST IN QUAD MARINE!
about 1 year ago
This is the final week of Quad Marine’s public offering on StartEngine.com. We encourage everyone following our campaign to make an investment TODAY. A minimum investment of only $250 will more than double our total raised.
Quad Marine is positioned to benefit from several very positive market factors as discussed in our recently-published updates:
1. Strong forecast for the recreational boating industry
2. New technologies resulting from massive auto industry R&D
3. Expanding bans on internal combustion engines.
4. Strong consumer interest in electric vehicles / green energy.
5. Quad 44 design innovations protected by US patent.
6. Global market for electric boats projected to reach $20 billion/year
We are busy preparing for the Dubai International Boat Show where we will have an audience of 25,000 visitors and press coverage reaching millions more. The show is an invaluable opportunity to introduce the Quad 44 to the world and meet with potential manufacturing partners. Your investment will help ensure a successful show and move us closer to the launch of the Quad 44.
We’re looking forward to a great new year, and we invite you to join us as we lead the electric power revolution with a new generation of clean, quiet, and reliable electric watercraft!
FINAL DEADLINE TO INVEST IN QUAD MARINE!
about 1 year ago
This is the final week of Quad Marine’s public offering on StartEngine.com. We encourage everyone following our campaign to make an investment TODAY. A minimum investment of only $250 will more than double our total raised.
Quad Marine is positioned to benefit from several very positive market factors as discussed in our recently-published updates:
1. Strong forecast for the recreational boating industry
2. New technologies resulting from massive auto industry R&D
3. Expanding bans on internal combustion engines.
4. Strong consumer interest in electric vehicles / green energy.
5. Quad 44 design innovations protected by US patent.
6. Global market for electric boats projected to reach $20 billion/year
We are busy preparing for the Dubai International Boat Show where we will have an audience of 25,000 visitors and press coverage reaching millions more. The show is an invaluable opportunity to introduce the Quad 44 to the world and meet with potential manufacturing partners. Your investment will help ensure a successful show and move us closer to the launch of the Quad 44.
We’re looking forward to a great new year, and we invite you to join us as we lead the electric power revolution with a new generation of clean, quiet, and reliable electric watercraft!
FINAL DEADLINE TO INVEST IN QUAD MARINE!
about 1 year ago
This is the final week of Quad Marine’s public offering on StartEngine.com. We encourage everyone following our campaign to make an investment TODAY. A minimum investment of only $250 will more than double our total raised.
Quad Marine is positioned to benefit from several very positive market factors as discussed in our recently-published updates:
1. Strong forecast for the recreational boating industry
2. New technologies resulting from massive auto industry R&D
3. Expanding bans on internal combustion engines.
4. Strong consumer interest in electric vehicles / green energy.
5. Quad 44 design innovations protected by US patent.
6. Global market for electric boats projected to reach $20 billion/year
We are busy preparing for the Dubai International Boat Show where we will have an audience of 25,000 visitors and press coverage reaching millions more. The show is an invaluable opportunity to introduce the Quad 44 to the world and meet with potential manufacturing partners. Your investment will help ensure a successful show and move us closer to the launch of the Quad 44.
We’re looking forward to a great new year, and we invite you to join us as we lead the electric power revolution with a new generation of clean, quiet, and reliable electric watercraft!
U.S. Boat Sales Expected to Surge Through 2018
about 1 year ago
The National Marine Manufacturers Association (NMMA) recently announced that it expects a surge in recreational boat sales through 2018, reflecting increased consumer confidence. Quad Marine is now positioned to benefit from three strongly positive market factors:
1. Strong upturn in the recreational boating industry;
2. New technologies resulting from massive R&D in the auto industry
3. Expanding bans on internal combustion engines.
We encourage investors to join us as we take advantage of this market opportunity. A minimum investment of only $250 will more than double our total raised, and move us one step closer to the launch of our flagship product.
Gasoline and Diesel Engines Prohibited!
about 1 year ago
National and local governments are expanding bans on internal combustion engines on waterways around the world. These bans will eliminate the pollution and noise associated with internal combustion boats, and encourage adoption of clean electric watercraft.
Internal combustion engines banned on 25 lakes in Washington State
Internal combustion engines banned on 14 Maine waterways
Ban on combustions engines proposed for Loch Lomond, Scotland
Gas engines banned on Waldo Lake, Oregon
Internal combustion engines banned on Lake Barcroft, VA
As this trend continues to expand throughout the world, demand for electric watercraft like the Quad 44 will increase dramatically. We encourage investors to help us meet this demand by investing before the close of our StartEngine campaign. A minimum investment of only $250 will more than double our total raised, and move us one step closer to the launch of our flagship product.
Quad Marine to Exhibit at Dubai International Boat Show
about 1 year agoQuad Marine is pleased to announce its participation in the 2018 Dubai International Boat Show. The show is an excellent opportunity to present the Quad 44 to a wide international audience and to meet with potential manufacturing partners throughout Asia.
The Dubai boat show attracts more than 25,000 visitors from 150 countries, many of whom have plans to purchase a boat. Press coverage of the show is projected to reach an audience of almost 100 million people.
Quad Marine anticipates a dramatic increase in interest in the Quad 44 as a result of the show, and we encourage investors to help us launch a new generation of clean electric watercraft for the 21st century.
Quad 44 Advantage #2
about 1 year agoThe Quad 44 is much more than just an electric boat. We've completely redefined the catamaran for the 21st century!
Notice of Funds Disbursement
about 1 year ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Quad Marine has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Quad Marine be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Quad Marine Receives Marine Industry Press Coverage
about 1 year agoQuad Marine was recently featured in the November 30th issue of Trade Only, a daily news publication aimed at marine industry professionals. As the transition to electric power gains momentum, marine industry trade publications continue to expand their coverage of the emerging market and its key players.
New Video for Social Media Highlights Historic Innovations in Electric Power
about 1 year agoQuad Marine has created a new ad for social media that highlights historic innovations in electric power. The marine industry's transition to electric power is well under way, and we encourage potential investors to join us as we prepare for the launch of the Quad 44 in 2018.
China launches 100% Electric Cargo Ship
about 1 year agoThe transition to electric power in the marine industry is gaining further momentum with the launch of the world's first 100% electric container ship. Quad Marine is well-positioned to address the recreational portion of the industry, and we encourage potential investors to join us as we move towards the launch of the Quad 44. If everyone following our campaign makes a minimum investment of $250 today, we will more than double the current funding total.
Social Media Posts Reflect Public Enthusiasm for Quad 44 Electric Catamaran
about 1 year ago* Brilliant (B.M. 21 November)
* Interesting! Great space layout. (P.D. 21 November)
* Interesting design, I love the innovation. (R.B. 21 November)
* Awesome. (F.A. 21 November)
* Brilliant (P.B. 22 November)
* Looks very innovative and exciting. (H.T. 24 November)
* Looks amazing. (K.W. 23 November)
* Genius (P.B. 24 November)
* Looking at the design, I love it. (R.M.K. 21 November)
Analysis Confirms Increasing Demand for Electric Boats (www.military-technologies.net)
about 1 year agoRecent studies confirm that demand for electric boats will increase steadily over the next decade. Quad Marine is well-positioned to take advantage of this expanding market opportunity.
Quad 44 Advantage #1
about 1 year agoThe Quad 44 is much more than just an electric boat. We've completely redefined the catamaran for the 21st century!
Customer Email Received 30 October 2017
about 1 year ago"Thanks for the info. Really love the idea and concept of this boat."
New Battery Technology is Potential Game Changer for Auto and Marine Industry
about 1 year agoToyota is currently refining new solid-state battery technology which it believes will dramatically improve storage capacity, and accelerate the transition from combustion engines to electric propulsion. By incorporating these new battery technologies, Quad Marine will be able to continually improve the range and performance of its electric water craft and expand its target market. Link: Toyota preparing "game changer" battery technology.
Unsolicited Customer Email Received 16 October 2017
over 1 year ago"Your company has masterfully handcrafted the most sustainable catamaran of all time!"
Quad Marine CEO invited to discuss the Quad 44 on national business radio broadcast.
over 1 year agoQuad Marine CEO Steve Salani was recently a guest on the CEO Money show, a part of World Finance News on iHeartRadio. The discussion centered on how Quad Marine is bringing the benefits of clean electric propulsion to the recreational marine industry, and how the Quad 44 delivers improved performance, safety, and accommodation space compared to outdated designs from the 20th century.
During the course of the show, the host inquired about the challenge of using electric propulsion in a marine environment. CEO Steve Salani pointed out that ALL internal combustion boats (except for very small craft) already have batteries and an electrical system, and that Quad Marine is simply removing all the outdated mechanical systems that create so many maintenance and reliability problems.
Quad Marine Granted U.S. Patent for Multihull Watercraft
over 1 year agoThe U.S.P.T.O has issued a notice of allowance to Quad Marine for the first of two patent applications. The allowance confirms the unique nature of the Quad 44 catamaran, and will help the company maintain its competitive advantage over competitors.
Quad Marine Investment Activity Now More Than Twice the Minimum Raise Amount
over 1 year agoCongratulations and thanks to all of the investors who have joined the Quad Marine team! With their support and enthusiasm we have now reached double our minimum funding goal.
This campaign will continue to accept investments until its indicated closing date. It’s important that we reach our maximum goal within the next 90 days so we can begin production of the QUAD 44 in 2018 without any delay. Please be sure to let friends and associates know about this investment opportunity, and thanks for helping us bring the electric revolution to the marine industry!
Quad Marine CEO invited to discuss the Quad 44 on national business and lifestyle radio show.
over 1 year agoQuad Marine CEO Steve Salani was recently a guest on the Frankie Boyer Business/Lifestyle national radio show. The discussion centered on how Quad Marine is bringing the benefits of clean electric propulsion to the recreational marine industry, and how the Quad 44 delivers improved performance, safety, and accommodation space compared to outdated designs from the 20th century.
The host begins the interview with a summary of the company's business strategy: “Quad Marine is applying the business model of Tesla Motors to bring the electric revolution to the marine industry.” Listen to the interview online, starting at around 46 minutes into the program:
http://archives.warpradio.com/btr/frankieboyer/092011.mp3
Auto Manufacturers Announce Transition to All Electric Product Lines
over 1 year agoRecent news from the automotive industry indicates a very bright future for electric propulsion and related technologies. Volvo announced that it will introduce five new electric vehicles between 2019 and 2021, and that all subsequent models will be either electric hybrids or 100% electric. The Volkswagen Group (VW, Audi, Porsche, Lamborghini, SEAT, Skoda) has also committed to electrifying its entire car lineup by 2030. VW Group chairman Matthias Müller stated that “The transformation in our industry is unstoppable.” As a similar transformation begins to sweep through the marine industry, Quad Marine is well-positioned to ride the wave with the Quad 44!
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