We are looking to raise up to £1m in this round in return for equity.
We Are Usually Asked About
What is the ROI?
Capital growth is expected to be in the range 3-10 times within 3 years.
Is the IP protected?
US 11313297 B2 was granted on 26th April 2022. This provides comprehensive protection for all aspects of the invention in the USA based on the priority date of 1st August 2018 for a GB application.
What is the size of the HGV market?
There are over 2.7 million heavy goods vehicles sold globally annually.
How does the Electric Engine generate income?
In the short-term income will be generated by licensing the Software models and “know-how” to development partners, who will commercialise the Electric Engine for the large truck manufacturers.
In the medium to long term (patent protection for a minimum of 18 years), income will be generated by charging a royalty for each Electric Engine module manufactured.
Is the technology future proof?
Yes.
Electrification of the power train is the first step in using any alternative power source, whether this will be the Electric Engine, battery or Hydrogen fuel cell.
The modularity of the Electric Engine means that it can be used for the vast majority of applications immediately but can be replaced by greener power sources in the future.
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