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Modal Motors Inc.

Modal Motors, Inc. exists to manufacture our class leading patent-pending advanced technology electric motor and inverter here in Michigan at a fraction of the cost of competitive foreign made motors.

Farmington Hills, MI, USA

One Liner: Modal Motors, Inc. exists to manufacture our class leading patent-pending advanced technology electric motor and inverter here in Michigan at a fraction of the cost of competitive foreign made motors.

Problem: The overall electric motor market is growing fast at an annual 12% CAGR. The United States is in the midst of a Tech-War with China and the United States is losing that war and rapidly falling behind. The e-Mobility market segment is growing even faster at a 69% CAGR with a projected market value of $7.7 Billion as the world is transitioning to electrification. The United States is currently fighting this Tech-War reactively with tariffs. Although tariffs can offer temporary respite by shielding domestic industries from foreign competition, they fail to address the deeper structural issues that undermine long-term competitiveness. That being competing on the same or higher technical level and at the same cost or better.

About Us: We are Modal Motors, and we are looking for funding. We have a patent-pending advanced electric motor technology that is ready for commercialization for e-Mobility applications, and we need funding to launch the prototyping phase for our early customers. Our motors do not need rare-earth materials, nor even copper for the windings and achieve the highest torque density and efficiency possible in a direct drive motor at a fraction of the cost of competitor motors. Our technology derives from our 25 years of experience in electric motor technology and manufacturing which has resulted in over 20 patents issued for our work with other motor technology companies. Our motors are designed for manufacturing in the USA with zero-waste, low capital costs and low to no touch labor making them the most cost-effective solution for our customers and the mobility market. The modular and scalable architecture enables fully automated cell-based manufacturing of our electric motor that is easily and cost-effectively scalable as volumes increase. Our patent-pending technology is unique and harvests all of the magnetic flux developed inside the electric motor enabling us to achieve the highest torque density direct drive motor on the market. Our motors have the highest average full speed range efficiency due to our unique architecture and exceed the efficiency of competitor motors in the same class.

Highlights: Modal Motors has received a grant from Centrepolis Accelerator in Southfield Michigan along with a Prototyping Grant from the Michigan Office of Future Mobility & Electrification. We have also lined up several start-up e-Mobility companies as customers for our motor drives.

Business Model: •Primary Markets – Land, Sea & Air Mobility (Most Competitive Performance Oriented)
•Secondary Markets – Industrial Equipment
•Our Initial Focus Is On Magnet-Free or Ferrite Magnet Motor Configurations (Lowest-Cost Motors/Lowest Tooling Cost/Fastest To Market/Domestic Suppliers Only)
•No COTS Motors Will Be Available Until Our First 15kW Hub Motor Is Completed In June 2025
•Secure Early Revenue By Being A Motor Manufacturer Serving Start Up eMobility Companies
•Livaq – 15kW Wheel Motor In Development For April 2025 (Paid For With Grants – Modal Motors IP)
•Voltaic Marine – 400kW (QTY 4 - 100kW Modules In Series) - Funding Is Being Secured By Voltaic From PE
•Wheel.me – 300W - Meetings In-Process (Grant Has Been Offered To Cover Design & Engineering Expenses)
•Electric Outdoors – Future Program To Replace Existing Actuators
•Other Leads Secured From CES 2025 & Other Tradeshows
•Secure Early Established OEM Customers Thru POC Trial Development Programs
•Stellantis – Potential Evaluation Program
•Oshkosh – Potential Investment & Evaluation Program
•Ford – Potential Evaluation Program For Moving Around Concept Vehicles
•Ramp Up Initial Low Volume Customers And Use These Programs As Testimonials For Our Technology To Secure Future OEM Customers (Established OEMs Always Ask For Test Units)

Quote: Our motors are designed for manufacturing in the USA with zero-waste, low capital costs and low to no touch labor making them the most cost-effective solution for our customers and the mobility market. The modular and scalable architecture enables fully automated cell-based manufacturing of our electric motor that is easily and cost-effectively scalable as volumes increase. USA made motors at a fraction of the cost of competitive Chinese made motors and with higher efficiency.

Revenue To Date

N/A

MRR

N/A

Revenue YTD

N/A

Burn Rate

$10K

Total Users

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Total Users (Past 30 Days)

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Daily Active Users

N/A

Monthly Active Users

N/A

Total Paying Users

N/A

MoM Growth Users

N/A

Organic Traffic %

N/A

CAC

N/A

LTV

N/A

Churn

N/A

Margins

40%

Business Strategy: •Our Initial Focus Is On Magnet-Free or Ferrite Magnet Motor Configurations (Lowest-Cost Motors/Lowest Tooling Cost/Fastest To Market/Domestic Suppliers Only)
•No COTS Motors Will Be Available Until Our First 15kW Hub Motor Is Completed In June 2025
•Secure Early Revenue By Being A Motor Manufacturer Serving Start Up eMobility Companies
•Livaq – 15kW Wheel Motor In Development For April 2025 (Paid For With Grants – Modal Motors IP)
•Voltaic Marine – 400kW (QTY 4 - 100kW Modules In Series) - Funding Is Being Secured By Voltaic From PE
•Wheel.me – 300W - Meetings In-Process (Grant Has Been Offered To Cover Design & Engineering Expenses)
•Electric Outdoors – Future Program To Replace Existing Actuators
•Other Leads Secured From CES 2025 & Other Tradeshows
•Secure Early Established OEM Customers Thru POC Trial Development Programs
•Stellantis – Potential Evaluation Program
•Oshkosh – Potential Investment & Evaluation Program
•Ford – Potential Evaluation Program For Moving Around Concept Vehicles
•Ramp Up Initial Low Volume Customers And Use These Programs As Testimonials For Our Technology To Secure Future OEM Customers (Established OEMs Always Ask For Test Units)

Competitive Analysys: Our motors are designed for manufacturing in the USA with zero-waste, low capital costs and low to no touch labor making them the most cost-effective solution for our customers and the mobility market. The modular and scalable architecture enables zero waste with fully automated cell-based manufacturing of our electric motor that is easily and cost-effectively scalable as volumes increase. Our Ferrite magnet motors compete directly with other companies' Rare-Earth magnet motors with the same torque density and higher efficiency across the full speed range at a fraction of the manufactured cost of the best Chinese motors.

Competitor	Website
Yasa	yasa.com
Turntide	turntide.com
Infinitum	goinfinitum.com

Networking: We are open to meeting up to grab a coffee, or just to chat. We would really enjoy your feedback and insight into our venture and would be happy to discuss anything that you are currently working on to see if we can be of service!

Name	Amount
Amount Left	$1,000,000.00
Amount Raised (This Round)	$0.00
Amount Raise To Date	$235K
Investment Type	Post-money
Type of Raise	SAFE

Valuation

$10M

Friends & Family

$100K

Grant Dollars Awarded

$135K

TAM

$183B

SAM

$7.7B

SOM

$385M

Business Stage: Mvp Built

Business Types: Investor-Backed

Sustainability

Mobility

CleanTech

Technology

Energy

Modal Motors Inc.

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