Damon Inc Stock Price, News & Analysis

Damon Inc. (OTCID: DMNIF) has launched a $30 million Regulation A+ equity offering to advance its electric motorcycle and AI-enabled connected vehicle technology. The offering consists of units priced at $0.10 each, comprising one Common Share and one Warrant exercisable at $0.12 for 3 years.

The company is evolving beyond manufacturing electric motorcycles to focus on its Damon I/O platform, a connected vehicle technology suite that can be licensed to other OEMs and fleet operators. With over 3,000 pre-orders for its electric motorcycles, Damon aims to generate multiple revenue streams through OEM licensing, commercial fleet solutions, consumer subscriptions, and AI-powered data services.

Damon Inc. (OTCID: DMNIF) has announced an innovative application of its Damon I/O platform, designed to enhance track rider performance and create new revenue streams. The AI-enabled platform collects comprehensive riding data, including GPS-based metrics, lean angles, and battery performance, to provide riders with personalized insights and safety recommendations.

Led by CEO Dom Kwong, the company aims to transform traditional motorcycle training by offering an intelligent assistant that leverages collective expertise. The platform's subscription-based model presents opportunities for recurring revenue through data-driven applications, with potential expansion from track riding to street applications to address global motorcycle safety concerns.

Damon Inc. (OTCID: DMNIF) has initiated full-scale clay modelling for its HyperSport Race motorcycle, marking a crucial transition from digital concept to physical form. This development represents the integration of the company's Damon IO™ AI-enabled platform with its hardware design.

The clay modelling process, scheduled through September 2025, focuses on optimizing both aerodynamics and ergonomics to complement the motorcycle's advanced technology features. CEO Dom Kwong emphasizes that this phase demonstrates the merger of their software-defined vision with physical engineering, aiming to enhance rider safety, awareness, and connectivity through their cloud-connected ecosystem.

Damon (OTCID: DMNIF) has announced a significant upgrade to its Damon I/O platform with an advanced machine learning module, specifically designed for its upcoming Hypersport Race (HSR) electric motorcycle model. The new system, set to enter prototype development in September 2025, features dynamic performance tuning that analyzes rider behavior, vehicle data, and environmental inputs.

The enhanced platform provides track riders with sophisticated lap-by-lap performance analysis, including cornering speed, braking patterns, and throttle control. The system processes data both on the motorcycle (edge learning) and in the cloud, creating a continuous feedback loop that delivers personalized insights for improved performance and safety.

Damon Inc. (OTCID: DMNIF) has successfully completed the Engineering and Design Concept Development phases for its next-generation HyperSport Race electric motorcycle platform. The company achieved several key milestones including comprehensive mission analysis, strategic component selection, integrated vehicle platform layout, definitive design vision, and Class B surface digital model development.

The project will advance to its next phase in September 2025, focusing on concept validation and physical prototype development. The HyperSport Race is designed to showcase Damon's advanced electric powertrain, AI-enabled safety systems, and Damon I/O data intelligence platform.

Damon Inc. (DMNIF) has launched Damon I/O, a comprehensive AI SaaS platform designed to transform personal mobility through advanced rider intelligence and connected services. The white-labeled platform enables OEMs and fleet operators to rapidly deploy digital experiences without lengthy development cycles. Key features include real-time diagnostics, over-the-air updates, predictive maintenance, and Emergency Last Mile Responder functionality. The platform addresses the $100B+ last-mile delivery market, offering solutions for rider safety, fleet management, and smart logistics. Damon I/O introduces a high-margin SaaS revenue stream to complement the company's hardware business, targeting the $40B global electric two-wheeler market by 2030. The platform offers immediate integration capabilities with existing systems and is available for OEM partnerships and fleet deployments.

Damon Inc. (OTC: DMNIF) has achieved a significant milestone in its HyperSport Race (HS Race) development program, completing the Concept Definition Phase in partnership with Italian firm Engines Engineering. The phase delivered a full 3D digital model, finalized technical specifications, preliminary Bill of Materials, system architecture, and dashboard integration. The company outlined an 11-phase development roadmap through Q2 2026, including critical stages like 3D Design Engineering, Electric Motor development, and Battery Production. Damon is leveraging its modular technology platform and Damon I/O technology to keep development costs below industry standards. Beyond motorcycles, the company is expanding into four core verticals: Data Intelligence, Personal Mobility, Licensing & Engineering Services, and Special Projects. The initial product remains on schedule for 2026 launch.

Damon Inc. (OTC PINK: DMNIF), a company focused on electric motorcycles and personal mobility innovation, announced its stock symbol change from "DMN" to "DMNIF" on the OTC Pink Current market, effective May 20, 2025. The OTC Pink Current market will be rebranded as OTCID Market starting July 1, 2025. The announcement follows recent company developments, including the release of FY25 Q3 results and operational updates that highlight Damon's progress in sustainable mobility and data-driven solutions.

Damon (NASDAQ: DMN) reported Q3 FY25 results and provided a business update. The company completed a $16.5 million public offering and established a $10 million prepaid equity line. Key financial metrics include a reduced net loss of $2.4 million ($0.11/share) compared to $25.6 million last year, with cash position at $7.56 million. Damon is transitioning from solely motorcycles to four revenue verticals: Data Intelligence, Personal Mobility, Licensing and Engineering Services, and Special Projects. The company partnered with Engines Engineering to develop the HyperSport Race Motorcycle, expecting delivery within 12 months. Notably, DMN will be delisted from NASDAQ on May 20, 2025, moving to OTC Pink Market with plans to list on OTCQB. The company's strategic shift includes an asset-light model and focus on sustainable mobility solutions, supported by 38 patents and pending patents.