Damon Inc. CEO letter outlines production roadmap; pre-production target Q4 2025

Damon Inc.

Over 3,000 refundable reservations represent ~$100M potential revenue if converted.
Vehicle mechanics and power electronics 90% complete; battery system 70% complete.
Pre-production prototypes targeted by Q4 2025; commercial production expected in 2026.
New assembly facility planned at San Rafael, CA; backed by Fukuta Motors, NXP, Molicel.
Company went public via merger with Grafiti Holdings; seeks additional capital for production.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.