{"data":{"type":"company_profile","id":105750,"entity_id":"wefunder:company:105750","attributes":{"canonical_url":"https://wefunder.com/zeus.motor.inc","generated_at":"2026-06-12T03:53:17Z","updated_at":"2026-06-11T05:00:37Z","entity_ids":{"company":"wefunder:company:105750","slug":"wefunder:company_slug:zeus.motor.inc"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-12T03:53:17Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T05:00:37Z","as_of":"2026-06-12T03:53:17Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T05:00:37Z","as_of":"2026-06-12T03:53:17Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-05-05T14:00:23Z","as_of":"2026-06-12T03:53:17Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-05-05T14:00:23Z","as_of":"2026-06-12T03:53:17Z","confidence":"medium"}}},"company":{"id":105750,"entity_id":"wefunder:company:105750","slug":"zeus.motor.inc","name":"ZEUS Motor Inc","tagline":"ZEUS makes extraordinarily efficient electric motors for the next generation.","elevator_pitch":"ZEUS Motor Inc. makes extraordinarily efficient electric motors—motors for the next generation. They’re light, they’re powerful, and most importantly, we believe they are one of the most efficient electric motors ever developed. The motors are significantly smaller, more robust, and less expensive to manufacture than the leading brands today. 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Independently Tested. Manufacture Ready."},{"index":4,"claim_id":"claim-fact-4","value":"Profits: The superb performance and low production cost of our motors project extraordinary profits."},{"index":5,"claim_id":"claim-fact-5","value":"Huge Market: 40 million motors are sold worldwide each year, equivalent to $150 billion in sales."}],"team":[{"id":2355488,"entity_id":"wefunder:company_role:2355488","user_entity_id":"wefunder:user:2457643","role":"founder","name":"Thomas Hollis Hopkins","title":"CEO \u0026 Director","bio":"Tom is the CEO of ZEUS Motor, Inc. and CEO of the parent company, Zero E Technologies. He practiced as a structural engineer and leads the engineering team that developed the ZEUS Motor. 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Cambridge University, MA Envesco, Haydale Graphene Industries, AB Dynamics","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2355491/square_cropped_Graham_Eves2.jpg?1638967648","profile_url":"https://wefunder.com/graham.dudley.eves","linkedin_url":"https://www.linkedin.com/in/graham-eves-75028a3a/","related_urls":["https://wefunder.com/graham.dudley.eves"]},{"id":2355521,"entity_id":"wefunder:company_role:2355521","user_entity_id":"wefunder:user:2457449","role":"employee","name":"Joseph Gallagher","title":"VP Sales \u0026 Licensing","bio":"Joe has 20 years of experience in the permanent magnet motor industry. He is skilled in negotiation, sales, management, closing major long-term contracts, and high-tech business development. 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U of Wales, International Finance \u0026amp; Business","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2355497/square_cropped_Simon_Humphreys.jpg?1638369752","linkedin_url":"https://www.linkedin.com/in/simon-humphreys-07001419/","related_urls":[]},{"id":2355507,"entity_id":"wefunder:company_role:2355507","user_entity_id":"wefunder:user:2456234","role":"employee","name":"Hollis Hopkins","title":"Director \u0026 Investor Relations","bio":"Hollis was a civil engineer before pivoting to become a doctor in emergency medicine. He is a Consultant Physician at the Townsville University Hospital, Australia. Northwestern University, BS in Civil Engineering University of Colorado, MD","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2355507/square_cropped_Tag_Hopkins.jpg?1638491948","profile_url":"https://wefunder.com/hollishopkins","related_urls":["https://wefunder.com/hollishopkins"]},{"id":2355503,"entity_id":"wefunder:company_role:2355503","role":"employee","name":"Sanjeev Lowe","title":"Director \u0026 India Rep","bio":"Sanjeev Lowe has 38 years of pan-industry experience, beginning with a large electrical manufacturing firm, Siemens, and more recently with Shell and BP. University of Delhi, MBA","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2355503/square_cropped_Sanjeev_Lowe.jpg?1638369752","related_urls":[]},{"id":2355517,"entity_id":"wefunder:company_role:2355517","user_entity_id":"wefunder:user:2457503","role":"employee","name":"David Higgs","title":"Director \u0026 Investor","bio":"David is a Board Certified Emergency Medicine Physician with Kaiser Permanente in Sacramento, CA. 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However, I do have a pretty fundamental investment question - how did you arrive at your pre-money valuation?","author_name":"Stephen Yoskowitz","votes":2,"created_at":"2022-02-14T16:56:40Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-192238","answers":[{"id":192541,"entity_id":"wefunder:comment:192541","answer":"We had ZEUS Motor professionally valued by a valuation firm, Marble Arch. This valuation has been uploaded and is available to you on the Wefunder site. It is a comprehensive valuation (it's 22 pages) and was expensive to commission.","author_name":"Thomas Hollis Hopkins","votes":1,"created_at":"2022-02-16T00:53:25Z"}]},{"id":242245,"entity_id":"wefunder:comment:242245","question":"Tom, Obviously this forum is not active and not much update from company . Please let me know the best way to keep track of company progress. Thank you.","author_name":"Durganand Thatavarthy","votes":1,"created_at":"2023-04-09T16:49:23Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-242245","answers":[]},{"id":230651,"entity_id":"wefunder:comment:230651","question":"Tom,Hope things are going great the the company. Would you be able to share in detail what the progress has been and what the set goals are in the coming quarters. ---A","author_name":"Durganand Thatavarthy","votes":1,"created_at":"2023-01-07T23:24:17Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-230651","answers":[{"id":231306,"entity_id":"wefunder:comment:231306","answer":"Durgananand, we have made quite a lot of progress, despite the very bad fundraising environment this past year, 2022, for new startups. According to Renaissance Capital, in 2021 there were 397 IPOs in the US that raised $397 billion, but in 2022 this fell to just 71 IPOs that raised just $7.7B. It was the worst fundraising year for startups and new companies in decades. So we had no private placement success in 2022. We’re expecting much better situation this year. We have added a CFO to our team, John Evans, and he is leading us to a $750,000 bridge financing (convertible debt) that will be followed by a $5 million private placement. John is very experienced in doing the very thing that we are now confronting: raising significant money to let us commercialize our product. We found that to do this in 2023, we had to accept a significantly lower valuation, $40 million, and we plan to split each $5 share into five $1 shares. We have to go through an approval process to do that. We have just started making investor presentations and last week presented to a major VC investor in NY. He seemed to be pleased with what he heard... what he said he likes is that our market, industrial motors, is large ($40 billion) and is under pressure to raise efficiencies to help address global warming… so our market is heating up as we have the right product for the times… using less power and reducing the need for power plants that generate electricity but give off emissions. We are also bringing in a new CEO to lead us. I can’t mention his name as he is still an employee of another company. He is helping us with the bridge financing and he’s working towards the private placement. What I like about him is that he is CEO of a startup company for which he raised $13 million. I am now ramping up my role as CTO. It is my job to roll out the full line of industrial motors. We’re going to introduce our existing motor in multiple powers — 15, 20, 25hp — and then we’ll be bringing out more powerful motors by making the active length longer to fit in longer coils (electromagnets) and more permanent magnets on the rotor. We’re expecting 2023 to be a good year for us. Tom Hopkins","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2023-01-14T23:23:26Z"}]},{"id":199994,"entity_id":"wefunder:comment:199994","question":"I really like the tech and team but can you give me some explanations about potential R.O.I for investors ? In page 23 of your appendix you imply that investors could get at least 20x their investment back. In 2031 if everything goes according to your plans you will generate 115 millions in EBITDA. If we apply a 7.4 EBITDA multiple (the multiple used to reach the current valuation) we have an enterprise value of 851 millions in 2031 which is only a X4 multiple against current valuation of 206 millions. Even with an EBITDA multiple of 20 it's still a R.O.I of X10 (dilution not accounted).","author_name":"Boulkoroum FARID","votes":1,"created_at":"2022-04-06T13:23:01Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-199994","answers":[{"id":200129,"entity_id":"wefunder:comment:200129","answer":"Boulkoroum, you misinterpretted what was written on page 23. We have never projected that the CF investors would get x20 times their investment. Such a high return is very unlikely. More to the point, we’re not allowed to speculate on what value the ZEUS shares might reach in future years as Federal Reg. CF (crowdfunder) prohibits our suggesting to CF investors what return they might get on an investment. We’ve removed page 23 to avoid any further misunderstandings","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-04-07T02:35:23Z"}]},{"id":191654,"entity_id":"wefunder:comment:191654","question":"How does this compare specifically to Tesla's newest motors?","author_name":"Maxim Dahan","votes":1,"created_at":"2022-02-09T17:53:08Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-191654","answers":[{"id":191856,"entity_id":"wefunder:comment:191856","answer":"Tesla keeps deep tech info on its motor to itself and so it is hard to give more than a generic answer. Historically the Tesla models X \u0026amp; S used Induction motors, and the Model 3 used a permanent magnet motor. Our ZEUS Motor is a PM motor. PM motors are more efficient than induction motors as the PMs replace the induction coils on the rotor, reducing losses. High efficiency is important for BEVs (Battery Electric Vehicles) as the higher efficiency increases the range of the vehicle which is a major factor in a customer's decision to purchase a BEV. We've done studies for a bus manufacturer that wants to go all electric and the general impact was that the use of our ZEUS Motor would increase the bus's range, or alternatively, we could reduce the size of the battery pack, reducing its weight and expense. Tesla's motor designer explained the reason for going to a PM motor in the model 3. He said, \"for the specification of the performance and efficiency, the PM machine better solved our cost minimization function\". He also said that going forward, the decision on what motor to use is a \"tradeoff between motor cost, range and battery cost.\" ZEUS has its own criteria as to which market segments we are going after. In the traction motor market, the segment where we have an enormous advantage is where the vehicle does a lot of stop/start driving, like with delivery vehicles, city and school buses, and big trash trucks. In this max torque but slow speed environment, our motor has been tested at 18% to 20% more efficient than a NEMA Premium induction motor. That's HUGE!","author_name":"Thomas Hollis Hopkins","votes":1,"created_at":"2022-02-10T16:36:50Z"}]},{"id":189506,"entity_id":"wefunder:comment:189506","question":"Can you explain what this really means? This seems like you sold yourself to your larger self? \"ZEUS Motor business has been sold to Zero E’s motor commercialization subsidiary, ZEUS Motor, Inc., for $216 million in its Common shares.\"","author_name":"Michael Nadler","votes":1,"created_at":"2022-01-23T07:22:10Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-189506","answers":[{"id":189541,"entity_id":"wefunder:comment:189541","answer":"The statements you quoted are correct. The parent, Zero E, developed the motor at a cost of about $10 million. We then decided that the cleanest way to commercialize the motor was to set up a dedicated subsidiary, ZEUS Motor, Inc to do this. So we transferred all the motor assets to this subsidiary and it is this entity that is raising the money. We probably need to clean the verbiage to make it more understandable.","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-01-24T00:32:42Z"}]},{"id":188566,"entity_id":"wefunder:comment:188566","question":"Hello, is there any published info on the results of your independent testing?","author_name":"John Pereira","votes":1,"created_at":"2022-01-16T19:45:34Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-188566","answers":[{"id":189490,"entity_id":"wefunder:comment:189490","answer":"Yes. Go to bottom of this site to the download section and download the file ZEUS WF Appendix.pdf. Page 17 has Advanced Energy’s test result. AE is an independent lab in Raleigh NC. It shows an efficiency map for the ZEUS motor, a map for a Premium induction motor, and then a third map which is the difference between the two. This shows that the ZEUS motor is 18% to 20% more efficient at full load/slow speed, and 5.5% more efficient at full load/rated speed (1800 rpm).","author_name":"Thomas Hollis Hopkins","votes":2,"created_at":"2022-01-22T22:59:59Z"}]},{"id":333024,"entity_id":"wefunder:comment:333024","question":"Any recent updates?","author_name":"Chris Smith","votes":0,"created_at":"2026-05-05T16:28:03Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-333024","answers":[]},{"id":285321,"entity_id":"wefunder:comment:285321","question":"how can we update our wefunder page?","author_name":"Tom Hopkins","votes":0,"created_at":"2024-06-17T20:14:28Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-285321","answers":[]},{"id":277428,"entity_id":"wefunder:comment:277428","question":"Your most recent update stated that we could increase our investment at the current rate. I'm considering that although, admittedly, isn't substantial but it's what I can do. Please let me know if this is still possible. Thank you. Bill","author_name":"William Pentler","votes":0,"created_at":"2024-02-27T05:07:18Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-277428","answers":[]},{"id":250951,"entity_id":"wefunder:comment:250951","question":"Tom, Great email update and thanks for keeping us in the loop. With the fundraising offer of $1 per share post 5:1 split, what is the current valuation of ZMI. That was not mentioned anywhere and Appreciate if you can clarify. Essentially what is current value of our shares that we invested in WeFunder in the last raise.","author_name":"Durganand Thatavarthy","votes":0,"created_at":"2023-06-17T18:21:53Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-250951","answers":[]},{"id":245501,"entity_id":"wefunder:comment:245501","question":"Your websites copyright is 2 years. I'm hoping this project is still alive.","author_name":"Edward A Sieverding","votes":0,"created_at":"2023-05-03T14:15:12Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-245501","answers":[]},{"id":240623,"entity_id":"wefunder:comment:240623","question":"Tom,thank you for your earlier responses. Not sure how I missed your earlier responses that said you raised money at 40M valuation. Can explain what that means to investors on wefunder in the last round? Our valuation is adjusted and so is our documentation being revised, when?","author_name":"Durganand Thatavarthy","votes":0,"created_at":"2023-03-27T23:51:08Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-240623","answers":[]},{"id":235413,"entity_id":"wefunder:comment:235413","question":"Tom,Any progress updates?","author_name":"Durganand Thatavarthy","votes":0,"created_at":"2023-02-18T04:30:51Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-235413","answers":[{"id":238732,"entity_id":"wefunder:comment:238732","answer":"\u0026gt;\u0026gt; We have perfected how we make the ZEUS Motor. Our first licensee is ZEUS Austral Pacific (ZAP) whose focus is on the South East Asia \u0026amp; Pacific (Indonesia, Philippines, etc., the fastest growing economies and also Australia \u0026amp; NZ). ZAP set up a manufacturing operation and figured out how to make the motors quickly and efficiently. In developing their manufacturing process, they made one change that had a surprising consequence... it made the motor more efficient. I never thought that would be possible as our ZEUS Motor is so much more efficient than other motors. Quite unexpected. The ZEUS Motor has gone from 96.9% efficient to an estimated 97.1%. \u0026gt;\u0026gt; We also have a representative in India that has met several time with a major Indian company that wants to use our motor to power small 4-, 3-, \u0026amp; 2-wheelers. We are making some easy changes to make the motor less powerful and less expensive to manufacture. India is a BIG market \u0026gt;\u0026gt; We have attracted a highly experienced Brit to come in as our CEO and lead the commercialization. I can't mention his name as he has not yet informed his present employer that he is moving. I'm thrilled with him... he has successfully commercialized a physical product already. Great experience. He brings a great many leads from the UK and the EU. \u0026gt;\u0026gt; We are out raising $1M to enable us to build about 50 demo motors to send to our to potential customers. What we have found is that many companies are excited about our motor, and they want to test one first. So raising money to do this is a high priority.. Investors are reaching out to me. Tom","author_name":"Thomas Hollis Hopkins","votes":1,"created_at":"2023-03-13T22:02:09Z"}]},{"id":210447,"entity_id":"wefunder:comment:210447","question":"Do you have a control testing system of motors that you can monitor for each licensee?","author_name":"Herman O. Ragg","votes":0,"created_at":"2022-07-05T19:22:50Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-210447","answers":[{"id":217638,"entity_id":"wefunder:comment:217638","answer":"We are not that far along at this point. We have our first licensee, ZAP, and we are working together on their building an initial 200 motors. They are in the process of developing manufacturing systems and they are making some small changes to make the motor more easily manufactured by them, using the equipment and instruments that they have in their plant. So far it is looking good. Initially, we'll test every motor individually on our dynamometer... we have some distance to go before we have Control Testing system that we can roll out to other licensees.","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-09-04T01:25:04Z"}]},{"id":209969,"entity_id":"wefunder:comment:209969","question":"How do I make an investment in Zeus motor inc","author_name":"James Raymond","votes":0,"created_at":"2022-06-30T17:49:16Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-209969","answers":[{"id":217656,"entity_id":"wefunder:comment:217656","answer":"We have finished our initial Wefunder campaign and are making some business steps forward before we do a second round on Wefunder. If you are interested in making a significant investment, $20,000 or more, and if you are an accredited investor, please reach out to me via the ZEUSmotor.com web site.","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-09-04T07:15:35Z"}]},{"id":209495,"entity_id":"wefunder:comment:209495","question":"I'm confused about your valuation. In an answer to another question you said ZEUS Motor was \"professionally valued by a valuation firm, Marble Arch. This valuation has been uploaded and is available to you on the Wefunder site. It is a comprehensive valuation (over 30 pages) and was expensive to commission.\" However when I went through the documents looking for your valuation determination all I could find was this statement in your Form C page 8: \"The offering price for the securities offered pursuant to this Form C has been determined arbitrarily by the Company, and does not necessarily bear any relationship to the Company's book value, assets, earnings or other generally accepted valuation criteria. In determining the offering price, the Company did not employ investment banking firms or other outside organizations to make an independent appraisal or evaluation. Accordingly, the offering price should not be considered to be indicative of the actual value of the securities offered hereby.\" What's going on? Can you please provide the 30 page valuation or a summary of it? Thanks","author_name":"Felix Vayssieres","votes":0,"created_at":"2022-06-26T20:55:28Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-209495","answers":[{"id":217662,"entity_id":"wefunder:comment:217662","answer":"This is a Dropbox link to the MarbleArch valuation: https://www.dropbox.com/s/0kmyqrn7ingsq45/Marble%20Arch%20%20ZEUS%20Report%20Update%2C%20Jan%202022%20v3%20Formatted%20012522.docx?dl=0","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-09-04T09:05:14Z"}]},{"id":208016,"entity_id":"wefunder:comment:208016","question":"Is there any reason why the Exro Technologies Coil Driver could not be combined with the Zeus Motor to further improve its already stellar performance capabilities? Talk about disruptive tech! https://files.exro.com/technology/coil-driver/Exro-CoilDriveSystem-HV-202109.pdf","author_name":"Steve H","votes":0,"created_at":"2022-06-11T18:07:05Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-208016","answers":[{"id":208106,"entity_id":"wefunder:comment:208106","answer":"Steve, I checked out Exro's web site and see from their motor's torque/speed graph, and its power/speed graph that their controller is used with induction motors that utilize field weakening. Our motor uses permanent magnets on its rotor, not induction coils, and so we do not use field weakening. We use PMs on our rotors as they are more efficient than the induction coils used on the rotors of IMs, and they give constant and higher torque at mid- and high-rpm applications. So a driver would experience higher acceleration at mid- and high-speeds in a vehicle powered by a PMM rather than an IM. Exro's controller is intended to rectify this shortfall with IMs and it does a pretty impressive job. But even an IM using Exro's controller is no match for a PM motor. I don't know how much expense the Exro controller adds.","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-06-12T19:37:22Z"}]},{"id":206744,"entity_id":"wefunder:comment:206744","question":"This is a capital intensive project and with the valuation, you are still at your first goal. What is current cashflow situation and given economic turbulence ahead, what is the survival plan if you are not able to raise further funds here.","author_name":"Durganand Thatavarthy","votes":0,"created_at":"2022-05-28T21:53:44Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-206744","answers":[{"id":207340,"entity_id":"wefunder:comment:207340","answer":"Durganand, I would not describe ZEUS’s business as “capital intense”. Our commercialization strategy is to avoid big capital requirements by licensing the manufacture of our motor to other parties, especially motor manufacturers that all ready have a lot of capital equipment. We don’t even have working capital requirements (for inventory and receivables). So we have a low monthly cash requirement, we have enough money in the bank, and we have several financial groups that are interested in investing some bigger amounts. We have made an interesting discovery about crowdfunding: that multi-million dollar investors find us through Wefunder’s website and and reach out to us. This was not expected. So we will continue raising capital after our CF campaign has finished on July 1st. The socially good thing about our CF campaign is that it lets smaller investors get in on the action before the big guys jump in. We sense that we’re all going to do very well.","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-06-04T02:39:14Z"}]},{"id":205032,"entity_id":"wefunder:comment:205032","question":"How long before Tesla buys you out? Or should I say, If Tesla makes an offer would you sell as I'm sure they will down the road.","author_name":"Dan Rehmsmeyer","votes":0,"created_at":"2022-05-13T03:00:13Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-205032","answers":[{"id":206164,"entity_id":"wefunder:comment:206164","answer":"Tesla has just developed a new electric traction motor. It runs at high rpm (ten times faster than our motor does) and so it has a massive built-in gearbox. Heavy! And because it is an induction motor it is less efficient than the ZEUS Motor. Induction coils on the rotor are always less efficient than the PMs we use. I read a recent discussion of Tesla’s motor and the article did not even mention efficiency! I thought that amazing as efficiency is such a dominating aspect for BEVs as high efficiency can so improve the vehicle’s range. So if an established vehicle manufacturer were to make a buyout offer for ZEUS Motor, is is more likely to be one of Tesla's competitors, rather than Tesla. A competitor could well want to buy us out in future years thereby gaining a competitive advantage over Tesla. We look forward to seeing ZEUS-powered vehicles that have a greater range than Tesla's (or smaller battery pack for the same range). We’d rather such an acquisition offer in four years time rather than in four months as our motor will be commercially established by then and the price will be many times higher.","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-05-24T20:13:13Z"}]},{"id":199417,"entity_id":"wefunder:comment:199417","question":"Hi If possible, I would like to add $100 to my existing investment. I tried to but did not seem as of it was added. Thanks Gary","author_name":"Gary and Leila Nelson","votes":0,"created_at":"2022-04-02T21:58:55Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-199417","answers":[{"id":200001,"entity_id":"wefunder:comment:200001","answer":"Gary, I asked Wefunder how you can do this. You can edit your investment by going to your wefunder.com/portfolio","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-04-06T14:27:03Z"}]},{"id":198249,"entity_id":"wefunder:comment:198249","question":"Thank you Tom for your response. Would love to hear what details you have to add to what has already been put out there. You have 7 patents pending which includes international patents including UK, EU etc but given the current induction motors industries, India, China and Brazil are huge markets among other things they have huge Agriculture area motors for water pumps. Is there any reason you haven't applied in all these countries to protect the potential market share.","author_name":"Durganand Thatavarthy","votes":0,"created_at":"2022-03-26T22:17:01Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-198249","answers":[{"id":200131,"entity_id":"wefunder:comment:200131","answer":"Durganand, we’re focusing on winning patent protection in the US, EU (including UK), China, Japan, Sth Korea and Mexico. Our team selected these based on advice from our patent attorney, and from considering where motors are manufactured. The first four are to be expected but It might surprise you that Korea and Mexico were included. Both of these countries have large electrical machine production capacity and so we thought patent protection was worth pursuing there too. The patent attorney and me discussed India but he advised that their patent system is pretty hopeless... so do not bother with India. We have applied in China and expect to be granted patents there shortly. I don't know about Brazil... I'll bring it up with our patent attorney.","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-04-07T02:58:17Z"}]},{"id":197416,"entity_id":"wefunder:comment:197416","question":"I see that you have competition with a few other companies claiming that they have the most efficient electric motors. Turntide Technologies claims that their motors are 60% more efficient for HVAC systems and for EV Vehicles, Gemini Electric Motors, and Infinitum Electric who says their motors are 1/2 the size and weight, the main guys name is Larry Hopkins, is this some of your relation ???. There is also ABB a Swiss Company that makes really large motors claiming that they just managed the most synchronise efficiencies. I know some of these Company's are in a different subset for their motors but could these companies be a problem for Zeus Motors. Please give me your thoughts, waiting to invest.","author_name":"Joseph Kreinbrink","votes":0,"created_at":"2022-03-22T02:01:08Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-197416","answers":[{"id":197437,"entity_id":"wefunder:comment:197437","answer":"Some people make claims that are really hopeful. I don’t want to get into a squabble with competitors but let me give you one piece of guidance: any claims, especially about efficiency, should be backed by a disinterested, professional motor laboratory. In our case it was the first independent motor lab in North America, AdvancedEnergy.org that has its motor test lab in Raleigh, NC. When we turned up with our 15hp motor for testing, the test engineer asked me what efficiency I expected… I told him… and he looked in disbelief. He told me at the end of three days of testing that he thought to himself, “Here we go again… another motor company making exaggerated claims… what he (me) just said is 4.5% higher than anything we have ever tested”. But the number I said we were expecting is exactly what they got. Then they went further and brought in a NEMA premium conventional motor to compare with ours. Another amazing discovery was that at slow speeds, out motor is 19% more efficient than a NEMA Premium Below is a link to Advanced Energy’s report… look especially at the efficiency maps on pages 11 \u0026amp; 12: https://www.dropbox.com/s/apncllz4h8q8ir4/AdvancedEnergy_ZEUS%20Motor%20Test%20Report%20061516c.pdf?dl=0 Dr Klontz, a motor guru of International stature took the results of AE’s research and calculated that our ZEUS motor had an efficiency rating of IE7 when running at 1800 rpm. You can link to Dr. Klontz’s report at: https://www.dropbox.com/s/joon9b1f9nwguco/Klontz%20Paper%20MCMA%20%26%20ACEE%20021317.pdf?dl=0 You can also watch a video of Dr. Klontz talking about our ZEUS motor: https://www.dropbox.com/s/8u7wk8t1wo8qebi/Klontz%20Video%2020200603_KWKvid3.mp4?dl=0 The ZEUS motor is now testing at an IE8 level, but that has not yet been verified by an independent lab. Turntide Technologies used to be called Software Motor Company and they make relatively low powered motors (10hp max?). I don’t think they make traction motors. Our ZEUS motor will put out up to 250hp continuous, and 1,000hp peak. Turntide’s skill is in the software systems that control networks of motors, and their use of the Cloud. It is not so much in the design of the motor itself. You can check this out on their web side at: https://turntide.com/learning/turntide-smart-motor-system-v03-iec-5-6-7-46-kw/ You’ll see the specs for their V03 Turntide Smart Motor with rated power of 10hp (7.46kW) has a “Peak Motor Efficiency” of 94.5%. That is equivalent to a rating of IE5, assuming that the operating speed is 1800 rpm. It’s a pretty good motor!","author_name":"Thomas Hollis Hopkins","votes":1,"created_at":"2022-03-22T04:47:49Z"}]},{"id":197157,"entity_id":"wefunder:comment:197157","question":"Hello, Thank you for keeping us updated. I did already invest and thinking of adding more but i couldn't understand why the raise is going so slow. It is my understanding that so far the raise here is only $329k. Given the ambitious project ahead , i think this is subdued investor interest. Wonder if I am wrong in my understanding. Part of the reason could be the upside for this investment may be very low with company already valued at $206M at this stage.","author_name":"Durganand Thatavarthy","votes":0,"created_at":"2022-03-19T19:58:24Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-197157","answers":[{"id":197418,"entity_id":"wefunder:comment:197418","answer":"We’re pleased with our progress. To give you background, we were not allowed to say anything much to investors in the first two months because of the SEC’s rules. And the SEC required that we copy them on any email that we did write to potential investors. We’re a bigger opportunity than the typical CF investment and so had to sit quietly by for the first two months while Wefunder did its due diligence. We’ve now stepped up the campaign on our side. We’ve started doing weekly updates that are widely circulated; we answer questions carefully; and I’m about to write to every investor. The big picture is very interesting. 1) the US started as an agrarian society, 2) then it industrialized, 3) then came the information/digital age, and now 4) we are entering the ecological/post-fossil-fuel age to combat global warming. Some people think a “motor” belongs to the long past industrial age… NO…. we belong to the coming ecological age. We’re working to get that message out. Finally, the US is bringing home much of its industry from China, etc. Is a second industrial age coming for the US? We might be in line for two megatrends! We think we’re the future. So keep the faith and please put out the word!","author_name":"Thomas Hollis Hopkins","votes":0,"created_at":"2022-03-22T02:28:40Z"}]},{"id":195955,"entity_id":"wefunder:comment:195955","question":"What is your dividend policy?","author_name":"E. T.","votes":0,"created_at":"2022-03-11T13:49:46Z","canonical_url":"https://wefunder.com/zeus.motor.inc#question-195955","answers":[{"id":196129,"entity_id":"wefunder:comment:196129","answer":"Eric, we have a lot of growth opportunity and so will be raising capital to finance our needed working capital and to accelerate our licensing program. Companies in such a growth situation rarely pay dividends as they need to husband all the cash they can. So the standard advice for fast growing companies is that the best way to reward shareholders is to go for appreciation of the company's shares rather than paying generous dividends. Another aspect is that we plan to go public 2 to 3 years time so that shareholders can gain liquidity with their investment. So ZEUS is a capital appreciation play rather than a dividend play. However, that said there is something quite unusual about our motor and that is that it weighs about 1/3 of a conventional motor, despite giving superior performance. So when we reach economies of scale, we can expect good margins, better than other motor companies. So I would expect that we'd be in a position to start pay dividends sooner than most companies with high expected growth.","author_name":"Thomas Hollis Hopkins","votes":1,"created_at":"2022-03-13T17:06:56Z"}]}],"faq":[{"question":"When will you be introducing the traction motors and what will the costs be?","answer":"Josh: We’ll be able to introduce the 13” dia./125 peak hp, water-cooled motor in 8 months. It has already been developed and tested… most of the time will be waiting for parts (PMs) from China. A big India manufacturer wants to test an air-cooled 13” traction motor that will put out 60 peak hp. We expect to ship them a test unit in 10 months. We plan to introduce a bigger water-cooled 18”/500 peak hp (we have a bus manufacturer that is interested in testing it) in 12 months. Engineering costs..."},{"question":"Hello, is there any published info on the results of your independent testing?","answer":"Yes. Go to bottom of this site to the download section and download the file ZEUS WF Appendix.pdf. Page 17 has Advanced Energy’s test result. AE is an independent lab in Raleigh NC. It shows an efficiency map for the ZEUS motor, a map for a Premium induction motor, and then a third map which is the difference between the two. This shows that the ZEUS motor is 18% to 20% more efficient at full load/slow speed, and 5.5% more efficient at full load/rated speed (1800 rpm)."},{"question":"Can you explain what this really means? This seems like you sold yourself to your larger self? \"ZEUS Motor business has been sold to Zero E’s motor commercialization subsidiary, ZEUS Motor, Inc., for $216 million in its Common shares.\"","answer":"The statements you quoted are correct. The parent, Zero E, developed the motor at a cost of about $10 million. We then decided that the cleanest way to commercialize the motor was to set up a dedicated subsidiary, ZEUS Motor, Inc to do this. So we transferred all the motor assets to this subsidiary and it is this entity that is raising the money. We probably need to clean the verbiage to make it more understandable."},{"question":"Hello Mr. Hollis Hopkins, thank you answering my question. The results of the Advanced Energy tests are impressive. I am most impressed by the reduced weight \u0026amp; volume of Zeus motors. When I asked about published info, I meant articles in independent industry journals. Is t...","answer":"John, No articles have been published in outside publications. We have not pursued that avenue as yet as we thought it premature as we already have more market interest than we can handle. We have requests from OEMs to send them motors that they can test for inclusion in their own products and we'll be building a lot of demo motors to do this ( significant use of the funds we are raising). We're laying low until we can handle these requests for demos. Advanced Energy that did the motor testin..."},{"question":"Hello Thomas, I see you have answered most questions quite brilliantly. However I would love to discuss further, first having a more detailed look at your financials including projections especially for the industry you're in and also about alternative funding opportunities av...","answer":"Richard, nice to meet you. I’ll contact you directly. I’m keen on crowdfunding as it gives lots of people a chance to get in early before the company experiences big growth and a fast rise in share value."}]}}}