Late last year, Damon went public on the Nasdaq with hopes to access additional capital to fund production for the HyperSport, a hotly anticipated next-generation motorcycle powered by electricity and AI.
The HyperSport promises a range of up to 200 miles and a top speed of 200 miles per hour, as well as a novel production design and special safety technologies such as an AI-enhanced 360º collision warning system.
However, the Vancouver company’s plan backfired: Shares tanked 90% over the following months after investors grew weary of delays.
Amid struggles to launch an electric motorcycle first announced in 2019, Damon is this year expanding its offerings to cover not just EV making but also the artificial intelligence side of things.
The B.C.-born firm now describes itself as a “designer and developer of electric motorcycles and other personal mobility products that seek to empower the personal mobility sector through innovation.”
This includes the Damon I/O platform, which features an advanced machine learning module developed in-house. This enhancement enables dynamic performance tuning based on rider behaviour, vehicle data, and environmental inputs.
For track riders, this means the system can analyze lap-by-lap performance, including cornering speed, braking patterns, and throttle control, to provide actionable, intuitive feedback.
The tech, which translates sophisticated data into a rider-friendly format, is positioned top be the cornerstone of the Hypersport motorbike, according to chief executive officer Dominique Kwong.
“For the first time, track riders will have the sophistication of a race engineering team, distilled into insights they can understand and act on instantly,” said Dominique Kwong, CEO of Damon.
The system continuously adapts the more data a rider contributes through driving.
“Your motorcycle will now evolve as fast as your skills do, and every ride makes it better,” commented Kwong.
Damon has diversified its business model beyond being solely a motorcycle development company to become a leader in intelligent data solutions for the personal mobility sector, Kwong says.
“This is the future we are building,” the CEO remarked. “A fusion of high-performance hardware and intelligent software that not only enhances the experience for our own riders but also provides the digital backbone for the entire personal mobility industry.”
Damon’s vision sounds groundbreaking, especially the AI-driven performance insights that adapt to each rider’s style
Excited to see how Damon is pushing the boundaries in racing technology! Can’t wait to see the impact it will have on riders’ experiences.