Damon Inc. Common Stock
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Dominique Kwong
- Full Time Employees
- 16
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- 704 Alexander Street Vancouver BC Canada V6A 1E3
- IPO Date
- Feb 1, 2011
- CIK
- 0002000640
- Website
- damon.com
- Similar Companies
- Business
- Damon Inc. (DMN) develops electric motorcycles and personal mobility products through its subsidiary Damon Motors Inc., focusing on AI-enabled safety systems, smart electrification, and advanced powertrains for urban and premium riders; core offerings include the HyperSport and HyperFighter electric motorcycles, HyperDrive shared powertrain platform delivering up to 200 horsepower and 200 miles of range, CoPilot rider assistance and 360-degree warning system, Shift electronically adjustable ergonomics, and the Damon I/O data intelligence platform for connected vehicle analytics and machine learning upgrades. Operating across four revenue verticals—Data Intelligence & Services, Engineering Services, Personal Mobility Products, and Special Projects—the company targets the global electric two-wheeler market with partnerships involving OEMs, Tier 1 suppliers such as Fukuta Motors, NXP Semiconductor, and Molicel, and over 3,000 refundable reservations representing $100 million in potential revenue; founded in 2017 and headquartered in Vancouver, Canada, with additional operations in the United Kingdom and an office in San Rafael, California. Recent developments encompass a merger with Grafiti Holdings and Nasdaq debut in November 2024 to secure production funding, a shift to an asset-light partnership model, a $16.5 million underwritten public offering and $30 million Regulation A+ equity offering in 2025, a $10 million equity line of credit, completion of the HyperSport Race full-scale clay model, launch of Damon I/O with advanced machine learning modules, appointment of Dominique Kwong as CEO, and progression toward 2026 production of HyperSport vehicles following late-stage engineering advancements and 16 issued patents plus 22 pending applications.
Damon I/O Positioned to Be One of the First Personal Mobility Platforms to Offer End-to-End Encrypted Telematics
Damon Announces $30 Million Reg A+ Offering to Advance Its Personal Mobility Products and AI-Enabled Connected Vehicle Strategy
Damon Evolves I/O Platform with Advanced Machine Learning for Adaptive Rider Performance
Damon Inc. Achieves Key Engineering & Design Milestone for Next-Generation Performance Vehicle Platform on HyperSport Race
Damon CEO Showcases Asset-Light Strategy, HyperSport Development, and Revolutionary Damon™ I/O Platform in WebBikeWorld Feature Article
Damon Launches Damon I/O, The Digital Backbone Transforming Personal Mobility To Safe, Smart AI Connected Experiences
Damon Completes First Major Milestone in HyperSport Race Program with Engines Engineering
Damon Provides Operational Business Update and Reports FY25 Q3 Results
Damon Announces Plan to Resume Trading
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Damon Accelerates Development of HyperSport Race Electric Motorcycle with Renowned Italian Engineering Firm - Engines Engineering
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Damon Inc. Announces Closing of Upsized $16.5 Million Underwritten Public Offering
Damon Inc. Announces Pricing of Upsized $16.5 Million Underwritten Public Offering
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Damon Provides Operational Business Update and Reports FY25 Q2 Results
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Damon Strengthens Operational Focus with Leadership Appointments: Dominique Kwong Named Interim CEO, Shashi Tripathi as Chairman
Damon Inc. Issues CEO Letter Providing Business Update and Outlining Production Roadmap