Damon Motorcycles Is Still Chasing 200 MPH, But Now on Nasdaq!

Image Credit: Damon Inc.

Damon Motorcycles is still chasing that elusive 200 mph mark with their electric motorcycle. But at least they've got something new to brag about – they've gone public on the Nasdaq! That's right, they've joined the big leagues, and they're waving around a cool $100 million in "deposit-backed reservations." Now, before you get too excited, those reservations have been piling up since 2019, and let's just say, patience isn't exactly my strong suit.

But let's give them the benefit of the doubt, shall we? After all, their CEO, Jay Giraud, still insists that they're on track to deliver a 200-mile range, 200 mph top speed, and 200 hp electric motorcycle next year. I mean, who needs flying cars when you can have a motorcycle that practically teleports you to your destination?

The Damon HyperFighter Colossus, their flagship model, is priced at a cool $40,000. With a $250 fully refundable deposit, they've probably racked up somewhere between 2,500 and 3,000 reservations. That's a lot of people who are either incredibly optimistic or have money to burn.

Damon promises that their bikes won't just be your average, run-of-the-mill electric crotch rockets. They will be packed with tons of futuristic technology making you feel like you've stepped into a sci-fi movie. Remember that CoPilot feature they were bragging about back in 2020? The one with AI-enhanced 360° collision warning? Well, it's still in the works, apparently. And let's not forget about Shift™, their fancy electronic adaptive ergonomics system that can transform your riding position from sporty to commuter mode on the fly.

Image Credit: Damon Inc.

Well … a shapeshifting motorcycle with 360-degree AI-enhanced vision? That sounds like something straight out of a comic book! So what?! Remember when electric cars were considered a pipe dream? Now look at Tesla.

Of course, I'm not saying that Damon is the next Tesla. But they could be onto something big if they can actually deliver on their promises. A 200 mph, 200 hp electric motorcycle with a 200-mile range? That would be awesome. But let's just say I'm not holding my breath.

For now, it seems like the finish line has been pushed back to 2025. And even then, they're only talking about assembling a "fleet of production-intent vehicles." So, who knows when actual production will start? And when those $100 million in reservations will actually turn into motorcycles in people's garages?

Let's stay positive. Maybe Damon will surprise us all and actually deliver on their promises. Or maybe they'll just keep pushing back the goalposts until we all forget about them. Either way, it's going to be a ride to remember.