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Electric Amphibious Hydrofoil Vehicles

A single, street legal vehicle that can effortlessly transition back and forth between land and water, and efficiently operate as a road vehicle as well as a boat, has been a dream for many around the world, yet the only options available have been over-priced, low quality, or have suffered from performance compromises and regulation hurdles. Poseidon AmphibWorks plans to change that, filling the void in the marketplace with an elite and affordable, electric amphibious vehicle that will combine unique technologies to optimize efficiency in both land and sea. Currently pre-prototype, our vehicle has the potential to be a paradigm shift for transport, recreation, business, and government applications.

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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
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REASONS TO INVEST

Reasons Icon

A highly scalable business model, with non-linear growth potential. Minimum CapEx requirements using proven low-risk strategic partners. After initial product success, the unique modular technology will allow for worldwide growth for new applications/customer segments.

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Due to climate change, we believe we’re witnessing a growing amphibious demand. The global amphibious vehicle market size was valued at $2.91 billion in 2021 and is projected to reach USD $4.71 billion by 2027, exhibiting a CAGR of 8.35% during the forecast period.*

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Our team has deep amphibious vehicles operations and powertrain engineering experience with intellectual properties in the field, ranging from single-motor to motor-per-wheel, 2 & 4-wheel vehicles, e-cat boats to semi-truck powertrains. Building on previous experiences in the industry, our prototype design will be legal on US highways and will follow all marine regulations.

TEAM

Steve E. Tice

Steve E. Tice • CEO, CTO, President & Director

38+ years’ experience in state-of-the-art technology, electric powertrain design, interactive entertainment, software development, project management, operations management, product development, and marketing.

He has excelled at leading creative, business, managerial, and technical teams to achieve and exceed goals. Proficiency in technical design, engineering, and development of products and tools spanning aerospace, hybrid and electric vehicles, video game systems, digital animation, web apps, 3D graphics, and more - he has Masters of Aeronautical Engineering with Minors in CAE and Management from RPI (Rensselaer Polytechnic Institute). Co-designed and led analysis and simulation of a unique and novel series hybrid electric vehicle at RPI in 1978. Co-founded technology milestone companies like EVDrive and QuantumWorks in electric powertrains and real time computer graphics companies like SimGraphics Engineering (all still in business today) and Virtual Celebrity Productions. Designed and managed development of an AWD 4 motor UTV capable of unique torque vectoring functions like zero radius turns, at MotoVox, a big box powersports oem.

Developed groundbreaking software, content, and tools for industry giants such as Nike, P&G, AT&T, Hasbro, Sci-Fi Channel, Northrop, Nintendo, IBM, and Rockwell International. Astute, decisive, and able to translate executive leadership expertise to multiple business sectors. Leverage advanced technical acumen to establish credibility with prospective new clients or partners. Possess dynamic communication, negotiation and relationship management skills, with talent for defining and capitalizing on client needs. Insightful, resourceful, and adept at leading development and execution of high-impact marketing and business development strategies to achieve specific company objectives. Considerable expertise in strategic planning, resource optimization, and P&L management. Able to inspire high-performance teams to achieve aggressive revenue and profit goals. Highly skilled at connecting with, inspiring, and managing people from diverse cultural backgrounds. Excels at defining, developing, and collaboratively guiding business strategy and company direction.

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Andy Langesfeld

Andy Langesfeld • V.P. Amphibious Operations, Co-Founder, Director

Mr. Langesfeld has been involved with vehicles that moved through the water, skimmed the water, flew just above the water, or had the ability to operate both on land and water. (Hovercrafts, foiling vessels, several amphibious airplanes, amphibious cars, and amphibious buses). 

During different parts of his life, he was an FAA-certified pilot, a commercial hovercraft captain, a seaplane ultralight flight instructor, and an amphibious passenger vessel Captain with thousands of hours logged in different brands of large amphibious vehicles. He has also owned, restored, and upgraded different brands of amphibious cars eventually becoming the go to person for the Watercar Panthers since the factory stopped production in 2018, which he still does today.

Amphibious vehicle design and operational expert - He has been operating mainstream water sport tourist attractions since 1989 with the last 15+ years dedicated to amphibious buses / duck tours in Miami and Fort Lauderdale.

As part of running amphibious bus tours, Captain Andy oversaw the training tourist operators around the world.

He has consulted for search and rescue operations in the U.S.

He has sold, trained, serviced and consulted for 1-2-4 seat vehicle companies such as Gibbs, Watercar. Currently one of his companies focuses at Watercar (https://car-boat.com/) and Service.

He has serviced and maintained several of the later Watercar Panthers sold in the US and currently use an amphibious Watercar several days a week to commute, train new owners or educate people on the advantages of owning a street-legal, coastguard certified amphibious vehicle.

He has also consulted for one of the world leaders in high performance road and sea amphibian manufacturers, Gibbs Technologies for 2 years. In addition, even after Watercar stopped production in 2018 -and he still managed to sell most of their 2018 production inventory - that is how high the demand was and STILL IS, even at the $150+k price point and a maintenance intensive design.

He also runs the Miami Land and Sea company, which has operated commercial amphibious buses in Miami for almost a decade. 

His company has also restored, repaired and sold several amphibious vehicles for other operators.  

While based in Miami, Fl. he has contributed to the set up of amphibious tour businesses in the Caribbean, Cayman Islands, Hawaii and Guam.

Hovercraft experience - He has imported and represented this brand (Hovery) He has also made improvements to this single seater which started as a single engine and evolved into a twin engine.

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*Market statistics provided by Expert Market Research (source)

Final Exterior styling is NOT shown in the computer generated concept images in the video & on this page. 

Images closer to the production look envisioned will be shared in upcoming updates below.

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An Elite, Zero-Emission Electric Road and Sea Vehicle

We are Poseidon AmphibWorks, a forward-thinking team developing efficient, clean, modular amphibious vehicles for transport, commercial, and recreational freedom, dually capable on highways, roads, and water. Named after the god of the sea from ancient Greek mythology, performance & flexibility on both land & sea is part of our DNA. We are currently in the pre-prototype phase, in the process of registering Intellectual Property assets and research and development.


*The above is a rendering of the Trident LS-1. Image features a computer generated concept model. 

Product is still currently under development including the overall styling.


We are an electric vehicle and marine engineering driven company focusing on filling the current void for affordable, high-performance, high-efficiency and multi-function electric amphibious vehicles. 


Our team consists of members with many years of combined experience in amphibious vehicle operations and sales, marine, electric vehicle powertrain engineering, vehicle composites, traditional manufacturing and technology project management. 


*The above is a rendering of the Trident LS-1. Images feature a computer generated concept model. 

Product is still currently under development including the overall styling.


Co-founder Capt. Andy Langesfeld and Steve Tice, founder of QuantumWorks, have teamed up to develop this product line to fill a void in the marketplace, starting first with the Trident LS-1. This line of next-generation, small-to-midsize amphibious vehicles will have a range of applications and markets, spanning recreation, adventure, personal & commercial transportation, as well as search-and-rescue.


The Problem


Growing Amphibious Demand Due to Climate Change

Our world as we know it is changing, bringing water levels and flooding right onto our streets and doorsteps. In order to keep up with climate change humans will need to adapt quickly to the challenges we expect to be facing. 


*The above vehicle shown is not an amphibious vehicle and was not developed by Poseidon AmphibWorks.


A sea level rise of 1-8 feet is predicted by 2100, and some say that could happen as soon as 2050 (source, source). Flooding is happening more often and in places that historically might not have been flooded before (source).


(sourcesource)


As the number of wetland areas rise, vehicle owners are looking for solutions. Having an amphibious vehicle that can serve as a household's recreational vehicle could become a lifesaver when the unexpected happens, however current vehicles within the market offer sub-optimal marine performance and are only legal for off-road use.


Enter Poseidon AmphibWorks.

The Solution


Road and Water Capabilities Combined Into One Vehicle

Our goal is to produce fast and highly efficient road & water electric vehicles unique in the market today and to usher in a paradigm shift for transport, recreation, business, and government applications. To do so, meet the first vehicle in the pipeline: the Trident LS-1.


*The above is a rendering of the Trident LS-1. Image features a computer generated concept model. 

Product is still currently under development including the overall styling.


Short for “Land and Sea,” the Trident LS-1 is a patent-pending, electric amphibious 3-wheeler designed to be more efficient in all aspects than current electric boats.


Capable of seating 3+ people, the Trident LS-1 will be a highway road-legal autocycle with integration of high performance hydrofoil marine capabilities for water travel. Additionally, the modular deck supports use cases such as recreation lounging, transport of various sized supplies, and even special handicap provisions. This combination of features and performance for our first vehicle is unique, and to our knowledge no other vehicle exists like it today.


*The above is a rendering of the Trident LS-1. Image features a computer generated concept model. 

Product is still currently under development including the overall styling.


The multi-motor design of the LS-1 powertrains will allow for some interesting features. For example, for marine travel, station keeping, rudderless operation, and lower-speed lift up on foils of the vehicle, are just some of the planned possible functions. For land operation, all-wheel drive, torque vectoring, and torque vectoring-enabled power assist steering (to benefit smaller, more efficient power assist module) will be included. 


Safety features like seat belts and blind spot cameras will be included, exceeding what is required by both road and marine governmental agencies as well as what other Autocycle OEMs are offering.

*The above is a rendering of the Trident LS-1. Images feature a computer generated concept model. 

Product is still currently under development including the overall styling. Performance statistics shown are projections.


The Trident LS-1 will be capable of lifting out of rough water fast. “Fly over the waves” to avoid wave-induced bumps and enjoy a smooth ride, equipped with true fly-by-wire steering. With our patent pending foil innovations, the Trident will lift out of the water at a lower speed than equivalent foil-enabled craft. 


Getting the boat to lift from the water and “fly” on hydrofoils will be handled by the onboard flight control system, and once on foils, the boat will maintain stability under computer “flight” control. Smartphone charging, 12VDC, and 110Vac device power supplies, certified for marine use, will be included. More features will follow, as the LS-1 will be upgradeable Over-The-Air (OTA).


*The above is a rendering of the Trident LS-1. Image features a computer generated concept model. 

Product is still currently under development including the overall styling.


The LS-1 design optimizes efficiency both on-land and in-water to get the most range and performance from a proven, commercially-sourced battery system, with the basic vehicle model targeting the average outdoor adventure consumer. Previous amphibious attempts could only be afforded by very wealthy individuals.


*The above is a rendering of the Trident LS-1. Image features a computer generated concept model. 

Product is still currently under development including the overall styling.


Our vehicles will be able to enter and exit the water using any regular public boat ramp as well as other hard packed, gently-sloped shore lines, providing alternative routes, opening possibilities to new destinations, as well as bypassing stifling traffic in many cities that represent untapped transportation routes. Popular boat ramp navigation apps such as "Marine Ways" will make navigation from ramp to ramp a breeze. Additionally, users will have access to OTA updates and remote performance & systems monitoring, all while charging at home or at Level 1, 2 and DC Fast Charge charging stations.


Like Tesla Motors, a first mover in the electric road vehicle space, our business model will consist of direct-to-consumer sales of vehicles. 



Later commercial versions will also be sold directly to user groups like search-and-rescue teams, fire departments, military & coast protection, and limo & taxi fleets.

The Market


Filling a Void in the Marketplace

In 2021, the value of the Global Amphibious Vehicle Market was close to $3B, with projections that the market is expected to hit $4.71B in 2027 (source). Similarly, the related Global UTV/ATV Market is valued at $7.6B in 2017 and is expected to exceed $12B by 2027 (source).


*Information based on internal research conducted by company when paired with additional statistics (source)


As COVID introduced a new wave of outdoor activity and increase in camping, bicycling, and other adventure vehicles (source), we expect the market trends to continue into the untapped category of amphibious vehicles. 


Amphibious vehicles are needed for a range of real-world operations, from taxi shuttles to military, tourism, and even as a dual purpose yacht tender connecting yachts with an easy transport option to shore, where these vehicles then effortlessly become a very capable and street legal vehicle. Our combination of features uniquely solves the demand vacuum.


*The above is a rendering of the Trident LS-1. Image features a computer generated concept model. 

Product is still currently under development including the overall styling.


Up to this point, we believe that past suppliers have failed to create efficient,  affordable and reliable products, and even today, nobody is currently supplying 3+ passenger recreational or commercial amphibious vehicles that meet our standards of on-water performance and meet U.S. marine & highway regulations. Past amphibious vehicles have been inefficient, expensive, maintenance intensive, and ran off fossil fuels. 


By being entirely electric and an “autocycle,” the Trident LS-1 will have a lower drag both on the water and the road, also benefiting from reduced crash requirements (meaning reduced investment required) of 4+ wheeled road vehicle regulations. 


On the water, the Trident will automatically offer several levels of redundancy and safety, going into “limp mode” (lower speed to preserve remaining battery energy) to extend range, with additional REX (range extender) options available for those that require longer range and operational flexibility.


With our strategically-structured team, our focus on abiding by all existing regulations from the start, and our affordable price point, Poseidon AmphibWorks is expecting to be a market breakout.

Our Traction


Suppliers Identified and Board of Advisors Assembled

Poseidon Amphibworks has assembled a deeply-experienced team comprised of world class marine engineering groups, as well as teams with superb experience in low-volume & optimized manufacturing, electric powertrains, and marine engineering.



The Trident LS-1, our launch product, is patent-pending and has been preliminary designed for prototype final design and build, meaning our all-wheel drive powertrain design and key innovative hydrodynamic features have been analyzed and refined with computational fluid dynamics computer-aided engineering tools.


Poseidon AmphibWorks has also started preliminarily planning future vehicles within the Trident lineup, including luxury, limo shuttle, and custom-designed Search & Rescue models.


*The above is a rendering of the Trident LS-1. Image features a computer generated concept model. 

Product is still currently under development including the overall styling.

Why Invest


Poised to Represent a Paradigm Shift in Transportation 

We believe our electric multi-function amphibious vehicles will represent a paradigm shift in transportation.


With a proven team working to develop solutions for the challenges posed by climate change, our StartEngine raise is the first step needed to make this vision a reality. Unlike former attempts at commercial amphibious vehicles, our team is designing for consumer approachability and reliability from the start, all while complying with highway and marine regulations.


*The above is a rendering of the Trident LS-1. Image features a computer generated concept model. 

Product is still currently under development including the overall styling.


After prototypes are tested within the next five years and services are established in main coastal markets around the world, we hope to have 750-1000 vehicles sold globally, with many more exciting developments in the horizon beyond.


We have what it takes to take on the future. Join us and invest in Poseidon Amphibworks today.

ABOUT

HEADQUARTERS
425 W. Park Drive #10
Miami, FL 33172
WEBSITE
View Site
A single, street legal vehicle that can effortlessly transition back and forth between land and water, and efficiently operate as a road vehicle as well as a boat, has been a dream for many around the world, yet the only options available have been over-priced, low quality, or have suffered from performance compromises and regulation hurdles. Poseidon AmphibWorks plans to change that, filling the void in the marketplace with an elite and affordable, electric amphibious vehicle that will combine unique technologies to optimize efficiency in both land and sea. Currently pre-prototype, our vehicle has the potential to be a paradigm shift for transport, recreation, business, and government applications.

TERMS

Poseidon AmphibWorks
Overview
PRICE PER SHARE
$1.25
DEADLINE
Sep. 8, 2022 at 6:59 AM UTC
VALUATION
$10.63M
FUNDING GOAL
$10K - $1.07M
Breakdown
MIN INVESTMENT
$318.75
MAX INVESTMENT
$1,069,947.50
MIN NUMBER OF SHARES OFFERED
8,000
MAX NUMBER OF SHARES OFFERED
855,958
OFFERING TYPE
Equity
SHARES OFFERED
Non-Voting Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.

Investment Incentives*

Time-Based Perks

Friends and Family

Invest within the first 48 hours and receive 12% bonus shares + a 15-minute call with Co-Founder and CEO, Steve Tice, and Co-Founder and VP of Amphibious Operations, Captain Andy + a 20-minute Amphicar Amphibious Tour at the Boat House in Orlando, FL.

Super Early Bird Bonus 

Invest within the next 2 days to receive 10% bonus shares + a 15-minute call with Co-Founder and CEO, Steve Tice, and Co-Founder and VP of Amphibious Operations, Captain Andy.

Early Bird Bonus

Invest within the next 3 days and receive 5% bonus shares.

Amount Based Perks

Tier 1 | $2,000

Invest $2,000 and receive 3% bonus shares.

Tier 2 | $5,000

Invest $5,000 and receive 6% bonus shares.

Tier 3 | $10,000

Invest $10,000 and receive 9% bonus shares.

Tier 4 | $15,000

Invest $15,000 and receive 12% bonus shares + 15-minute call with Co-Founder and VP of Amphibious Operations, Captain Andy + a 20-minute Amphicar Amphibious Tour at the Boat House in Orlando, Florida (up to 3 people per car).

Tier 5 | $25,000

Invest $25,000 and receive 15% bonus shares + 15-minute call with Co-Founder and CEO, Steve Tice, and Co-Founder and VP of Amphibious Operations, Captain Andy + a 20-minute Amphicar Amphibious Tour at the Boat House in Orlando, FL (up to 3 people).

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Poseidon AmphibWorks, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.06 / share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 shares for $106. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any).

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.

PRESS

Article Image
GreenTV

It's Electric! Amphibious EV

Article Image
San Diego Business Journal

Poseidon AmphibWorks Launches to Bring EVs to Land and Sea

Article Image
Gear Junkie

Poseidon AmphibWorks Trident LS-1: First Electric Amphibious Vehicle For World Change

Article Image
New Atlas

Amphibious electric 3-wheeler will drive, float and hydrofoil

Article Image
autoevolution

Poseidon AmphibWorks’ LS-1 Is an Electric Car That Floats and “Flies” Over Water

ALL UPDATES

05.27.25

2025 Q1 Update

THANKS FOR YOUR CONTINUAL SUPPORT AND ENCOURAGEMENT!

  • Road congestion is just getting worse in many water adjacent cities around the world so we can't wait for our amphibious highway capable solutions to potentially allow water routes to help decrease travel times for those lucky enough to own our vehicles.
  • Electric fully submerged hydrofoil boat companies are proving that this technology is viable.
  • At potential investors request, our expert in regulations, certification, and homologation for road and sea has written a compelling letter outlining his strategy, which will be adopted, expressing his opinion of strong confidence in the Trident LS-1 securing all certifications promptly.
  • Fast charging at marinas around the world is still quite sparse, so being amphibious, allows Trident LS-1, designed with NACs and fast charging compatibility standards, to go up on land and use the growing land based DC fast charging network. Even if these hydrofoil boats are trailered to land based fast chargers, many charger facilities can not physically handle a trailered vehicle for charging - space-wise.
  • We are having exploratory discussions with a few potential investors have - nothing to formally report as of the date of this update. Stay tuned ... our Linkedin and X pages are the best places to get up to minute updates.
  • Almost all components and systems required to build the Trident LS-1 now have at least 2 suppliers and development partners identified. In addition, all custom sub-systems have a few design approaches identified that will be analyzed for cost, risk, weight, reliability,  robustness and performance.
  • Visit our Linkedin page or X page for latest updates
  • Top links page linked here has been UPDATED

11.22.24

Q3 Investor Update

  1. QUARTERLY FINANCIALS - none to report, all team members are volunteering time, some on deferred compensation, etc. at this point and any real expenses are being taken care of by our major investor QuantumWorks Corporation until seed funding is achieved.
  2. Angel Investor Presentations Continue - NEED MORE VISIONARY ANGELS TO PRESENT TO...
    1. No angel investor has said "you are crazy" - almost all said we will invest in NEXT round after prototype is demonstrated. They especially like our approach to insure regs/certs from both NHTSA and Coast Guard and our DFMA for low volume low cost production
    2. We need to finish the engineering and build the complete cosmetic prototype .... HDPE will be used for the hull making our vehicle most robust in real use as possible - no longer will be limited to either black or white for the lower hull - full color spectrum no available - so If you or someone you know should be on our list for a 25 minute presentation, please send direct e-mail to Steve@PoseidonAmphibWorks.com
  3. WE NEED YOUR HELP FOLLOWERS & INVESTORS - everyone agrees the timing, the technology, the demand, the team, our strategy is right for right now!
  4. PATENTS - 1st patent has been issued 9-24-2024.  We have quite an IP war chest, that just needs funding to follow thru at this point.
  5. HULL MATERIAL - HDPE is a smart choice - listen here 
    1. Properly designed an HDPE hull can be the same weight as an aluminum or FRP hull however it has many advantages over those two materials - see "Lightweight"
  6. ACCESSORIES CUSTOMERS WANT
    1. Solar PV for when "chilling", options are starting to appear which we will be happy to support.
    2. REX on bioethanol and equivalent sustainable fuels
  7. THANKS FOR YOUR SUPPORT AND ENCOURAGEMENT!
    1. Visit our Linkedin page for latest updates
    2. Top links here - https://linktr.ee/poseidonamphibworks

08.10.24

Q2 Investor Update

  1. QUARTERLY FINANCIALS - none to report, all team members are volunteering time at this point and any real expenses are being taken care of by our major investor until seed funding is achieved.
  2. Angel Investor Presentations Continue - NEED MORE VISIONARY ANGELS TO PRESENT TO...
    1. No angel investor has said "you are crazy" - almost all said we will invest in NEXT round after prototype is demonstrated. They especially like our approach to insure regs/certs from both NHTSA and Coast Guard and our DFMA for low volume low cost production
    2. We need to build either prototype - bare bones tech only or complete cosmetic one.... so If you or someone you know should be on our list for a 25 minute presentation, please send direct e-mail to Steve@PoseidonAmphibWorks.com
  3. New Target Exec Summaries and Posts
    1. One of our target customer groups, LARGE YACHT OWNERS, required a custom Cover letter and Executive Summary - here it is for your review and distribution to your network
    2. Review this Linkedin post for "yacht owner quality of life enhancement" ;-)
  4. One EV investment group sent a term sheet, but not ready to execute yet as they themselves are raising needed funds for us and others. They know and like key members of our Advisory Board, like Munro & Associates.
  5. WE NEED YOUR HELP FOLLOWERS & INVESTORS - everyone agrees the timing, the technology, the demand, the team, our strategy is right for right now!
  6. PATENTS - 4 of our claims have been accepted by USPTO so we are filing for issuance 1 claim at a time. We have quite an IP war chest, that just needs funding to follow thru at this point.
  7. HULL MATERIAL - HDPE is a smart choice - read about it here & here 
    1. Properly designed an HDPE hull can be the same weight as an aluminum or FRP hull however has many advantages over those two materials - see "Lightweight"
  8. ACCESSORIES CUSTOMERS WANT
    1. Solar PV for when "chilling", options are starting to appear which we will be happy to support.
  9. THANKS FOR YOUR SUPPORT AND ENCOURAGEMENT!
    1. Visit our Linkedin page for latest updates

04.06.24

Electric Hydrofoil Technology Validated by Largest

Bénéteau Group invests in Electric foiling through Sweden's Candela

Candela is delighted to welcome a leader in the yachting industry to its capital. Gustav Hasselskog, founder and CEO of Candela, explains: "I'm particularly pleased to announce that the Bénéteau Group, the world's largest producer of pleasure boats, is one of our investors in this round of financing. Their investment is proof that electric foil boats really are the way forward for the boating industry."

As JFK has famously repeated, "a rising tide lifts all boats", so this greatly helps Poseidon AmphibWorks further establishing credibility for electric hydrofoiling technology. "Candela is the Tesla of electric boating" says, Steve Tice, CEO of Poseidon AmphibWorks.

https://www.boatindustry.com/news/45468/beneteau-group-invests-in-foiling-through-swedens-candela

02.26.24

USA Today reports on Poseidon

01.25.24

Next Stop... Our Prototype Development

We have some exhilarating news to share! 
An L.A facility has been selected for the Trident LS-1 amphibious hydrofoil prototype build. The extent of the prototype's elaborateness largely depends on the funds we're able to raise - anywhere from $500,000 to $2+ million. 
This important milestone mirrors the hard work and commitment of our team towards achieving our shared vision. 

Adding to our achievements, we have recently welcomed a new Head of Manufacturing into our dedicated team. 
Moreover, patent acceptance has been achieved, reaffirming our innovative capabilities. 

The Electric Hydrofoil Marine industry, along with its superset electric marine market, is on a growth trajectory as projected with larger marine OEMs now getting into the electric space. This growth further fuels our optimism about our venture’s future. 

Having laid solid foundations and as part of our future plans, we are eagerly looking forward to kick-starting the prototype engineering, subject to funding. We would appreciate your valuable feedback on our latest pitch deck present at Fundable.com. 

Also, if there are angel investors you think we should personally approach as part of our "90 pitches in 90 days" initiative, we welcome your introductions. Your continued support, insights, and intros mean the world to us!

01.05.24

Just 4 of our Target Customer Profiles Finally....


11.14.23

Latest PRESS articles and 3rd Party White Papers

Fox59 News - https://fox59.com/business/press-releases/ein-presswire/618736518/poseidon-amphibworks-unveils-next-generation-of-transportation-trident-ls-1-electric-amphibious-hydrofoil-car-boat/

San Diego News - https://sdnews.com/pacific-beach-based-start-up-developing-electric-amphibious-vehicle/

Minds Eye Design Vehicle Survey Video - 15 Vehicles Designed for Fun and Adventure  - https://youtu.be/GA1C2_wIHM0?t=243

Linkedin White Paper - Amphibious Reliable Transportation Needs are Still Not Served By Marcelo Benbassat (Former Director of International Sales Gibbs Sports Amphibians) - https://lnkd.in/gBGEXeFx

The Log - https://drive.google.com/file/d/13Gk00C10Jp9XWxCRZT9QYTNmb7gdJULD/view?usp=drive_link

11.13.23

Latest Press mentions

Fox59 News - https://fox59.com/business/press-releases/ein-presswire/618736518/poseidon-amphibworks-unveils-next-generation-of-transportation-trident-ls-1-electric-amphibious-hydrofoil-car-boat/

San Diego News - https://sdnews.com/pacific-beach-based-start-up-developing-electric-amphibious-vehicle/

Minds Eye Design Vehicle Survey Video - 15 Vehicles Designed for Fun and Adventure  - https://youtu.be/GA1C2_wIHM0?t=243

Linkedin Paper - Amphibious Reliable Transportation Needs are Still Not Served By Marcelo Benbassat (Former Director of International Sales Gibbs Sports Amphibians) - https://lnkd.in/gBGEXeFx

09.14.23

If you are in San Diego downtown today, check us out at INNOVATION DAY at Petco Park.

Check out more than two hundred life science and technology companies exhibiting, speakers, panels, pitches, local artists, live music, and the richness of our region’s diversity for everyone to enjoy in Petco Park.

Poseidon AmphibWorks will be near near the SDIC (San Diego Innovation Council) section today at https://connect.org/innovation-day-2023/.

Innovation Day is a full day of talks, exhibits, panels, pitches, performers, arts, culture, and more all right at Petco Park! Make some new friends, or reconnect with some old ones. See the best that San Diego entrepreneurs and innovators have to offer. We want to unveil the true potential of our region. This uniquely collaborative ecosystem of ours fuels creativity, encourages diverse ideas and approaches, and drives the region's progress toward shaping a future that benefits all.


REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign reward.

10%

Stack Venture Club & Rewards!

Members get an extra 10% shares in addition to rewards below!

Venture Club

Venture Club

Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).

$2,000

Tier 1 | $2,000

Invest $2,000 and receive 3% bonus shares.

$5,000

Tier 2 | $5,000

Invest $5,000 and receive 6% bonus shares.

$10,000

Tier 3 | $10,000

Invest $10,000 and receive 9% bonus shares.

$15,000

Tier 4 | $10,000

Invest $15,000 and receive 12% bonus shares + 15-minute call with Co-Founder and VP of Amphibious Operations, Captain Andy + a 20-minute Amphicar Amphibious Tour at the Boat House in Orlando, Florida (up to 3 people per car).

$25,000

Tier 5 | $25,000

Invest $25,000 and receive 15% bonus shares + 15-minute call with Co-Founder and CEO, Steve Tice, and Co-Founder and VP of Amphibious Operations, Captain Andy + a 20-minute Amphicar Amphibious Tour at the Boat House in Orlando, FL (up to 3 people).

JOIN THE DISCUSSION

0/2500

FH
Francis Hackett

3 years ago

They should just repurpose an ID Buzz and hide the foils :)

2

0

AB
Andre Balogh

3 years ago

I just invested. This looks like a winner!

1

0

DW
Dan Wolfson

3 years ago

Investing in Startengine campaigns requires signing up for a free account but it does not obligate you to invest. It will show you promising startups so you can get in early. You can also ask questions and post comments.

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2

0

DW
Dan Wolfson

3 years ago

Nice Sandy Munro update! Poseidon has a strong team and he's a great addition to your board of advisors. These links below further emphasize the points made in the update, at least for me. https://youtu.be/n9JGa8OQQBU and https://insideevs.com/news/542687/munro-musk-design-philosophy-parallels/

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1

0

DW
Dan Wolfson

3 years ago

As a long-time EV owner and technology enthusiast I think this combination of electric power and hydrofoils design makes complete sense. There are so many compelling uses for an electric high-performance amphibian listed on this site and I believe this team understands how to make it happen. I'm excited to be an investor.

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1

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HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

FAQ Timeline

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FAQS

With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000 are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, they are limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.

StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

MIN INVEST
$318.75
VALUATION
$10.63M

Important Message

IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.

www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.

Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary LLC (“SE Primary”), a broker-dealer registered with the SEC and FINRA / SIPC. You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system (ATS) regulated by the SEC and operated by SE Primary. SE Primary is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.

StartEngine facilitates three types of primary offerings:

1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.

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Canadian Investors

Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.

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StartEngine Marketplace (“SE Marketplace”) is a website operated by StartEngine Primary, LLC (“SE Primary”), a broker-dealer that is registered with the SEC and a member of FINRA and the SIPC.

StartEngine Secondary (“SE Secondary”) is our investor trading platform. SE Secondary is an SEC-registered Alternative Trading System (“ATS”) operated by SE Primary that matches orders for buyers and sellers of securities. It allows investors to trade shares purchased through Regulation A+, Regulation Crowdfunding, or Regulation D for companies who have engaged StartEngine Secure LLC as their transfer agent. The term “Rapid,” when used in relation to transactions on SE Marketplace, specifically refers to transactions that are facilitated on SE Secondary, This is because, unlike with trades on the StartEngine Bulletin Board (“SE BB”), trades on SE Secondary are executed the moment that they are matched.

StartEngine Bulletin Board (“SE BB”) is a bulletin board platform on which users can indicate to each other their interest to buy or sell shares of private companies that previously executed Reg CF or Reg A offerings not necessarily through SE Primary. As a bulletin board platform, SE BB provides a venue for investors to access information about such private company offerings and connect with potential sellers. All investment opportunities on SE BB are based on indicated interest from sellers and will need to be confirmed. Even if parties express mutual interest to enter into a trade on SE BB, a trade will not immediately result because execution is subject to additional contingencies, including among others, effecting of the transfer of the shares from the potential seller to the potential buyer by the issuer and/or transfer agent. SE BB is distinct and separate from SE Secondary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. By contrast, under SE BB, SE Primary assists with the facilitation of a potential resulting trade off platform including, by among other things, approaching the issuer and other necessary parties in relation to the potential transaction. The term “Extended”, when used in relation to transactions on SE Marketplace denotes that these transactions are conducted via SE BB, and that these transactions may involve longer processing times compared to SE Secondary for the above-stated reasons.

Even if a security is qualified to be displayed on SE Marketplace, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.

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