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Damon Inc. Achieves Key Engineering & Design Milestone for Next-Generation Performance Vehicle Platform on HyperSport Race

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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. (OTCID: DMNIF) ha completato con successo le fasi di Engineering e di sviluppo del concept di design per la sua piattaforma di motocicletta elettrica di nuova generazione HyperSport Race. L'azienda ha raggiunto importanti traguardi, tra cui un'analisi completa della missione, la selezione strategica dei componenti, il layout integrato della piattaforma veicolo, una visione progettuale definitiva e lo sviluppo del modello digitale di superficie di Classe B.

Il progetto passerà alla fase successiva nel settembre 2025, concentrandosi sulla validazione del concept e sulla realizzazione di prototipi fisici. L'HyperSport Race è progettata per mettere in mostra il powertrain elettrico avanzato di Damon, i sistemi di sicurezza basati sull'IA e la piattaforma di intelligenza dei dati Damon I/O.

Damon Inc. (OTCID: DMNIF) ha completado con éxito las fases de Ingeniería y Desarrollo del Concepto de Diseño de su plataforma de motocicleta eléctrica de próxima generación HyperSport Race. La compañía alcanzó varios hitos clave, entre ellos un análisis de misión integral, la selección estratégica de componentes, la disposición integrada de la plataforma del vehículo, una visión de diseño definitiva y el desarrollo de un modelo digital de superficie Clase B.

El proyecto avanzará a su siguiente fase en septiembre de 2025, centrándose en la validación del concepto y en el desarrollo de prototipos físicos. La HyperSport Race está diseñada para exhibir el avanzado tren motriz eléctrico de Damon, sistemas de seguridad habilitados por IA y la plataforma de inteligencia de datos Damon I/O.

Damon Inc. (OTCID: DMNIF)는 차세대 전기 모토사이클 플랫폼인 HyperSport Race의 엔지니어링 및 디자인 컨셉 개발 단계를 성공적으로 완료했습니다. 회사는 종합적인 미션 분석, 전략적 부품 선정, 통합 차량 플랫폼 레이아웃, 최종 디자인 비전, Class B 표면 디지털 모델 개발 등 여러 핵심 성과를 달성했습니다.

프로젝트는 2025년 9월에 다음 단계로 진입하여 컨셉 검증 및 실물 프로토타입 개발에 집중할 예정입니다. HyperSport Race는 Damon의 첨단 전기 파워트레인, 인공지능 기반 안전 시스템, Damon I/O 데이터 인텔리전스 플랫폼을 선보이도록 설계되었습니다.

Damon Inc. (OTCID: DMNIF) a mené à bien les phases d'ingénierie et de développement du concept de design de sa plateforme de moto électrique de nouvelle génération HyperSport Race. La société a atteint plusieurs jalons clés, notamment une analyse complète de la mission, une sélection stratégique des composants, une configuration intégrée de la plateforme véhicule, une vision de design définitive et le développement d'un modèle numérique de surface de classe B.

Le projet passera à sa prochaine phase en septembre 2025, axée sur la validation du concept et la réalisation de prototypes physiques. L'HyperSport Race est conçue pour mettre en valeur la chaîne cinématique électrique avancée de Damon, ses systèmes de sécurité pilotés par l'IA et la plateforme d'intelligence des données Damon I/O.

Damon Inc. (OTCID: DMNIF) hat erfolgreich die Phasen Engineering und Konzeptentwicklung des Designs für seine nächste Generation der elektrischen Motorradplattform HyperSport Race abgeschlossen. Das Unternehmen erreichte mehrere zentrale Meilensteine, darunter eine umfassende Missionsanalyse, die strategische Auswahl von Komponenten, ein integriertes Layout der Fahrzeugplattform, eine endgültige Designvision und die Entwicklung eines digitalen Oberflächenmodells der Klasse B.

Das Projekt tritt in seine nächste Phase im September 2025 ein und konzentriert sich auf die Validierung des Konzepts sowie die Entwicklung physischer Prototypen. Die HyperSport Race wurde entwickelt, um Damons fortschrittlichen elektrischen Antriebsstrang, KI-gestützte Sicherheitssysteme und die Daten‑Intelligence‑Plattform Damon I/O zu präsentieren.

Positive
  • Successfully completed Engineering and Design Concept Development phases
  • Platform integrates advanced technologies including AI-enabled safety systems and data intelligence
  • Project is progressing on schedule with next phase starting September 2025
  • Achieved all key technical milestones in development process
Negative
  • No specific performance metrics or technical specifications provided
  • Product still in early development stages with no physical prototype yet
  • Timeline for commercial production not specified
  • Successfully completes Engineering and Design Concept Development phases

  • Advances to September phase, focusing on concept validation and physical prototype development

Damon Inc. Achieves Key Engineering & Design Milestone for Next-Generation Performance Vehicle Platform on HyperSport Race (CNW Group/DAMON Motors Inc.)

VANCOUVER, BC, Aug. 11, 2025 /PRNewswire/ - Damon Inc. (OTCID: DMNIF) ("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, proudly announces the successful completion of its Engineering and Design Concept Development phases for its next-generation performance motorcycle, the HyperSport Race, built to serve as a technology demonstrator for Damon's advanced electric powertrain, AI-enabled safety systems, and Damon I/O data intelligence platform. Achievement of this key milestone marks the shift from visionary concepts to detailed engineering and refined design execution, advancing the project toward the  concept validation and physical prototype development scheduled for September 2025.

"Our engineering and design progress represents more than just technical achievement, we believe it's a fundamental reimagining of personal mobility," said Dom Kwong, CEO of Damon Inc. "This next-generation platform is designed to transform how people move, combining thrilling performance with sustainable innovation. We're eager to bring these advancements into September's next phase, where we expect concept validation and physical prototype development will turn vision into reality."

HyperSport Race Key Milestones Achieved:

  • Comprehensive Mission Analysis
    Finalized technical specifications and mission objectives to ensure alignment with performance and market expectations.

  • Strategic Component Selection
    Extensive benchmarking enabled the identification of essential components to maximize efficiency and reliability.

  • Integrated Vehicle Platform Layout
    Completed detailed integration of components to create a seamless and optimized platform.

  • Definitive Design Vision
    Established through close collaboration between engineering, design, and marketing teams, ensuring innovation and consumer appeal.

  • Class B Surface Digital Model
    Developed to enable advanced production engineering and thorough refinement of the vehicle's body design.

We believe these achievements position Damon to enter its September 2025 concept validation and physical prototype development phase with a groundbreaking platform that will revolutionize personal mobility and set a new standard for sustainability and innovation.

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 and engineering expertise, while seeking to enter into 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 the anticipated advancement of the HyperSport Race program, including completion of upcoming development phases, and the Company's expectations for the benefits to be derived from the HyperSport Race program. 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, our ability to enter into strategic partnerships with OEMs and Tier 1 suppliers, 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. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/damon-inc-achieves-key-engineering--design-milestone-for-next-generation-performance-vehicle-platform-on-hypersport-race-302526053.html

SOURCE DAMON Motors Inc.

FAQ

What major milestone did Damon Inc. (DMNIF) achieve for its HyperSport Race motorcycle?

Damon completed the Engineering and Design Concept Development phases for its next-generation HyperSport Race electric motorcycle platform, including mission analysis, component selection, and digital modeling.

What technologies will the Damon HyperSport Race motorcycle feature?

The HyperSport Race will feature advanced electric powertrain technology, AI-enabled safety systems, and the Damon I/O data intelligence platform.

When will Damon Inc. begin the prototype development phase for HyperSport Race?

Damon will begin the concept validation and physical prototype development phase in September 2025.

Who is the CEO of Damon Inc. (DMNIF)?

Dom Kwong is the CEO of Damon Inc.

What key design milestones were achieved for the HyperSport Race platform?

Key milestones include comprehensive mission analysis, strategic component selection, integrated vehicle platform layout, definitive design vision, and development of a Class B surface digital model.
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