Vancouver, BC – August 19, 2025 – (Motor Sports Newswire) – Damon Inc. (OTCID: DMNIF) (“Damon” or “Company”), other personal mobility products seeking to empower the personal mobility sector through innovation, a designer and developer of electric motorcycles and other personal mobility products, have announced the next stage of the evolution of the Damon I/O Platphone evolution. (HSR), a high-performance electric motorcycle model developed to demonstrate the company's technology. This expansion enables dynamic performance tuning based on rider behavior, vehicle data and environmental input, delivering Damon's vision to transform personal mobility through a smart, AI-connected experience.
Construction has begun on the Damon I/O platform June 2025HyperSport Race (HSR) is in its prototype development stage September 2025. For track riders, the system analyzes lap-by-lap performance, such as cornering speed, brake patterns, and throttle control, providing practical and intuitive feedback. The goal is to help riders become safer, faster and more efficient.
Unlike complex track analytics tools built for engineers, Damon I/O converts sophisticated data into a rider-friendly format, emphasizing clear performance and increased safety without the need for technical expertise.
“For the first time, track riders will be distilled into the sophisticated, quick to understand and act insights of the race engineering team,” he said. Dominique KwonCEO of Damon.
The system operates in a continuous feedback loop. Every ride generates new data that is processed on both motorcycles (edge learning) and the cloud. This dual approach allows system intelligence to evolve in real time. The more riders contribute, the smarter Damon I/O offers deeper, personalized insights that increase performance and safety.
This rider-focused feature also shows the power of Damon I/O in a broader market. As mentioned in the company's third quarter fiscal commentary, Damon diversifies its business model beyond being a motorcycle developer alone to become a leader in intelligent data solutions in the personal mobility sector. This new machine learning module is a concrete example of margin, data-driven services that the Damon I/O platform can offer to other personal mobility OEMs and fleet operators.
“Your bike evolves as fast as your skills, and all the rides make it even better,” Kwong added. “This is the future we are building. The fusion of high-performance hardware and intelligent software not only improves the experience of your own rider, but also provides a digital backbone for the entire personal mobility industry.”
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 designs to revolutionize sustainable transportation. It operates across four potential revenue industries: Data Intelligence & Services, Engineering Services, Personal Mobility Products and Special Projects. $400 billion Global Electric Motorcycle Market by 20301. The company combines advanced data analytics and engineering expertise to distinguish it through an integrated ecosystem approach while seeking to enter into strategic partnerships with OEMS and Tier 1 suppliers. Damon highlights accessible mobility solutions and leverages proprietary AI-driven safety systems and intelligent energy management technologies to deliver superior performance and operational efficiency in urban and business mobility areas. For more information, please see damon.com.
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1Sources on trace mobility McKinsey Report (2022) |
A positive statement
This press release, including the materials referenced herein, contains forward-looking information or forward-looking statements under applicable Canadian and U.S. Securities Act (collectively, “Forward-Looking Statements”) that reflect current expectations and expectations of Damon Inc. (“Damon”) regarding future developments. When used in this press release, forward-looking statements can be identified by using words such as “May” or by using words such as “will,” “intention,” “believe,” “estimate,” “consideration,” “expectation,” “expectation,” “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 advancements in the HyperSports Racing Program and related profit advances, as well as the Company's expectations for the outlook for the evolving Damon I/O system, including a wide range of market applications. Forward-looking statements, by their nature, do not guarantee Damon's future operational or financial performance and are subject to risks and uncertainties and other factors that may cause Damon's actual results, performance, outlook, or other factors that may cause opportunities that differ materially from those expressed or implied in these advanced statements. No representation or warranty is intended as to the expected future results or estimates or forecasts will be maintained.
In developing forward-looking statements in this press release, we applied several important assumptions, including the general business and economic situation of the country operated by Damon, as well as general market conditions. Due to many risks, uncertainties, and other factors, actual results may differ materially from the results, performance, results, or development expressed or implied by such forward-looking statements. Factors that may cause actual results differ from those discussed in forward-looking statements, but include the history of losses, the ability to implement growth strategies, generate revenue and achieve profitability, a limited operating history with recent acquisitions, the ability to obtain appropriate funding if necessary, and the ability to continue to influence our status as a recent private issuer. OTC Markets Group Inc. maintains the over-the-counter market, customer demand or acceptance of our products and services, OEMs and Tiers 1. Ability to enter into strategic partnerships with suppliers, rapid technology impact arrangements on competitive or alternative products, technologies, pricing, emerging competition, competitive supply, supply supply, and supply capabilities, and manufacturing capabilities, our ability to protect intellectual property, our ability to protect user data and user information, the impact of existing or future regulatory regimes and tax changes applicable to our business, the ability to successfully complete strategic transactions and integrate companies or technologies, the ability to maintain specialized knowledge and technical skills, including technical skills.のはいます。 English: The ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain our ability to maintain
Readers are warned not to undue reliance on these forward-looking statements. These are only as of the date of the press release or as of the dates specifically stated here. Due to risks and uncertainties, events may differ significantly from current expectations. Damon disclaims any intention or obligation to update or modify any forward-looking statements as a result of new information, future events, or other results, except as necessary in accordance with applicable securities laws. All forward-looking statements contained in the press release are fully and fully qualified by this notice statement.
Source: Damon Motors Inc.
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