Damon CEO Showcases Asset-Light Strategy, HyperSport Development, and Revolutionary Damon™ I/O Platform in WebBikeWorld Feature Article

Rhea-AI Summary

Damon Inc. (OTCID: DMNID), an electric motorcycle innovator, has been featured in a WebBikeWorld article highlighting the company's strategic evolution. CEO Dominique Kwong detailed three key developments: the transition to an asset-light business model, ongoing development of the HyperSport motorcycle, and the introduction of the Damon™ I/O platform.

The company is shifting its focus beyond vehicle manufacturing to emphasize digital experiences and rider connectivity. Kwong emphasized Damon's strategy to differentiate itself in the EV market through technological innovation and digital platform development, marking a departure from traditional motorcycle manufacturing approaches.

Positive

• Strategic shift to asset-light business model potentially reducing operational costs
• Development of innovative Damon I/O platform for enhanced rider experience
• Focus on digital transformation and technology differentiation in traditional market

Negative

• Limited details on HyperSport motorcycle development progress
• No specific timeline or financial metrics provided for strategic initiatives

News Market Reaction

-5.21%

1 alert

-5.21% News Effect

On the day this news was published, DMNID declined 5.21%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC, July 15, 2025 /PRNewswire/ - Damon Inc. (OTCID: DMNID) ("Damon" or the "Company"), a designer and developer of electric motorcycles and other personal mobility products that seek to empower the personal mobility sector through innovation, has been featured in an exclusive WebBikeWorld article, offering investors and enthusiasts a closer look at the company's strategic direction, innovative technologies, and market positioning in the rapidly evolving electric mobility sector. The article provides a few highlights from a recent interview with Damon's CEO.

In the interview, Dominique Kwong, CEO, discussed Damon's transition to an asset-light business model, the development of the highly anticipated HyperSport motorcycle, and the innovative Damon™ I/O platform, which combines cutting-edge data-driven insights with rider safety and convenience.

"Our commitment is no longer just to produce great vehicles; now more than ever before, we remain committed not just to the ride but to opening up a digital platform and enhancing the digital experience for the rider. This allows us to not only keep up with the direction of that 'EV marathon,' but to find an avenue to pull ahead because that's our differentiator in a pack rooted in tradition." - Dominique Kwong, CEO of Damon Inc.

This article provides valuable insights into Damon's innovative approach to scaling operations, leveraging partnerships, and maintaining a competitive edge in the evolving electric mobility market.

To read the full article, please visit: https://www.webbikeworld.com/interview-with-dominique-kwong-ceo-of-damon-inc/ 

About Damon
Damon Inc. is a designer and developer of personal mobility products and technology solutions that integrate AI-driven safety systems, smart electrification, and user-driven design to revolutionize sustainable transportation. Operating across four potential revenue verticals - Data Intelligence & Services, Engineering Services, Personal Mobility Products, and Special Projects – Damon believes it is positioned to capture a significant share of the $40B global electric two-wheeler market by 2030¹. The company distinguishes itself through its integrated ecosystem approach, combining advanced data analytics, engineering expertise, and strategic partnerships with OEMs and Tier 1 suppliers. Damon emphasizes accessible mobility solutions while leveraging its proprietary AI-driven safety systems and intelligent energy management technology to deliver superior performance and operational efficiency in the urban and business mobility space. For more information, please visit damon.com.

1 Source McKinsey Report on Micromobility (2022)

FORWARD LOOKING STATEMENTS
This press release, including any materials referenced herein, contains forward-looking information or forward-looking statements under applicable Canadian and U.S. securities laws (collectively, "forward-looking statements") that reflect current expectations and projections of Damon Inc. ("Damon") about its future development. When used in this press release, forward-looking statements can be identified by the use of words such as "may," or by such words as "will," "intend," "believe," "estimate," "consider," "expect," "anticipate," and "objective" and similar expressions or variations of such words. Forward-looking statements in this press release include, but are not limited to, statements relating to Damon's transition to an asset-light business model, the development of its HyperSport motorcycle and Damon™ I/O platform, and the commercialization of its safety technology through partnerships. Forward-looking statements are, by their nature, not guarantees of Damon's future operational or financial performance and are subject to risks and uncertainties and other factors that could cause Damon's actual results, performance, prospects, or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. No representation or warranty is intended with respect to anticipated future results, or that estimates, or projections will be sustained.

In developing the forward-looking statements in this press release, we have applied several material assumptions, including the general business and economic conditions of the industries and countries in which Damon operates, and general market conditions. Many risks, uncertainties, and other factors could cause the actual results of Damon to differ materially from the results, performance, achievements, or developments expressed or implied by such forward-looking statements. Factors that could cause actual results to differ from those discussed in the forward-looking statements include, but are not limited to, our history of losses, our ability to implement our growth strategy, generate revenue and achieve profitability, our limited operating history with recent acquisitions, our ability to obtain adequate financing as needed, our ability to continue as a going concern, our status as a foreign private issuer, impact of our recent delisting from Nasdaq, our ability to establish and sustain an active trading market on an over-the-counter market maintained by OTC Markets Group Inc., customer demand for or acceptance of our products and services, the impact of competitive or alternative products, technologies, and pricing, emerging competition and rapidly advancing technology that may outpace our own, our ability to manufacture or distribute products and services and secure strategic supply, manufacturing, licensing and distribution arrangements, our ability to protect our intellectual property, our ability to protect user data and user information, impact of any changes in existing or future regulatory and tax regimes applying to our business, our ability to successfully consummate strategic transactions and integrate companies or technologies we acquire, our ability to attract and retain management and employees with specialized knowledge and technical skills, our ability to develop and maintain effective internal controls, general economic conditions and events and the impact they may have on us and our customers, including but not limited to escalating tariff and non-tariff trade measures imposed by the United States and other countries, increases in inflation rates and rates of interest, supply chain challenges, increased costs for materials and labor, cybersecurity threats, and conflicts such as those in Russia/Ukraine, Israel/Hamas and Iran, our success at managing the risks involved in the foregoing items, and other risk factors discussed in our periodic and current reports and registration statements filed with the U.S. Securities and Exchange Commission and the British Columbia Securities Commission.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of the press release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, events may differ materially from current expectations. Damon disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required pursuant to applicable securities law. All forward-looking statements contained in the press release are expressly qualified in their entirety by this cautionary statement. 

View original content:https://www.prnewswire.com/news-releases/damon-ceo-showcases-asset-light-strategy-hypersport-development-and-revolutionary-damon-io-platform-in-webbikeworld-feature-article-302505420.html

SOURCE DAMON Motors Inc.

FAQ

What is Damon Inc's (DMNID) new business strategy announced in July 2025?

Damon announced a transition to an asset-light business model and increased focus on digital platforms, particularly the Damon™ I/O platform, moving beyond traditional vehicle manufacturing.

What is the Damon™ I/O platform?

The Damon™ I/O platform is a digital system that combines data-driven insights with rider safety and convenience features to enhance the motorcycle riding experience.

What products is Damon Inc (DMNID) currently developing?

Damon is developing the HyperSport electric motorcycle and implementing the Damon™ I/O platform as part of their electric mobility product lineup.

How is Damon Inc differentiating itself in the electric motorcycle market?

Damon is differentiating itself by focusing on digital platform development and technological innovation, moving beyond traditional manufacturing to enhance the digital experience for riders.