Damon Identifies New Revenue Opportunities by Redefining Track Rider Intelligence with Damon I/O Integration

Rhea-AI Summary

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.

Positive

• Introduction of new recurring revenue stream through subscription-based services
• Platform's potential expansion from track to street riding applications
• Collection of valuable rider data that can be monetized
• Development of AI-enabled technology that addresses motorcycle safety concerns

Negative

• Revenue impact and pricing structure not yet disclosed
• Market adoption rate uncertain for new technology platform
• Competition from existing motorcycle performance tracking solutions

VANCOUVER, BC, Sept. 9, 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, today announced a new application of its Damon I/O platform, intended to deliver value to riders while creating new revenue streams for the Company. By combining Damon I/O's advanced data intelligence with AI-enabled interaction, track riders can benefit from a personalized performance companion designed to enhance their safety, experience, and skill development.

Damon I/O offers track riders' contextual insights, technical guidance, and real-time safety recommendations, aiming to transform the way performance is understood and improved. The platform leverages real-world riding data, including GPS-based lap and sector times, lean angle, yaw rate, throttle position, wheel speed (front and rear), battery state of charge (SoC), and regenerative contributions. These insights empower riders to achieve faster lap times, refine their technique, and gain a deeper understanding of their performance.

"Motorcycle track riding is a highly complex sport where knowledge has traditionally been passed down from rider to rider," said Dom Kwong, Chief Executive Officer at Damon Inc. "With Damon I/O, we are unlocking that collective expertise and providing track riders with an intelligent, always-available assistant to accelerate learning and improve safety. We believe by delivering meaningful value to riders, we are also creating a scalable revenue stream that strengthens our position as a leader in AI-enabled mobility solutions." 

This innovative application underscores Damon's commitment to enhancing rider safety and experience while fostering new business growth. By offering a platform that delivers actionable insights and improved safety, Damon is establishing a strong foundation that can support recurring revenue opportunities through subscription-based services and data-driven applications. 

While initially focused on track riders, Damon recognizes the platform's potential to revolutionize street riding as well. Rider error is the leading cause of motorcycle accidents worldwide. Damon believes that the same principles that help riders corner faster and safer on the track can also improve safety on public roads. Damon I/O aims to bring this advanced technology to a broader audience, delivering life-saving benefits to riders globally while expanding revenue opportunities for Damon and value for shareholders.  This innovative use of Damon I/O aligns with Damon's mission to create safer, smarter, and more connected motorcycles while driving sustainable business growth.

About Damon

Damon Inc. is a designer and developer of personal mobility products and technology solutions that integrate AI-enabled 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 $127B global two-wheeler market¹. 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-enabled 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 Fortune Business Insights (2025)

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 expected benefits of adopting the Damon I/O application, including improvements in rider safety and performance and opportunities for revenue generation. 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. 

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SOURCE DAMON Motors Inc.

FAQ

What is Damon I/O and how does it benefit track riders?

Damon I/O is an AI-enabled platform that provides track riders with personalized performance insights, technical guidance, and safety recommendations by analyzing data such as GPS-based lap times, lean angles, and battery performance to improve riding skills and safety.

How will Damon (DMNIF) generate revenue from the Damon I/O platform?

Damon plans to generate recurring revenue through subscription-based services and data-driven applications of the Damon I/O platform, creating a scalable revenue stream from both track and street riding applications.

What types of data does Damon I/O track for motorcyclists?

Damon I/O tracks comprehensive riding data including GPS-based lap and sector times, lean angle, yaw rate, throttle position, wheel speed (front and rear), battery state of charge (SoC), and regenerative contributions.

How does Damon I/O address motorcycle safety concerns?

Damon I/O addresses safety by providing real-time recommendations and insights based on collected riding data, aiming to reduce rider error, which is the leading cause of motorcycle accidents worldwide.

Who is the CEO of Damon and what is their vision for Damon I/O?

Dom Kwong, CEO of Damon, envisions Damon I/O as transforming traditional motorcycle training by providing an intelligent assistant that unlocks collective expertise and improves rider safety while creating new business opportunities.