NUMBERS. ALL OF THEM.
We want to make sure we provide all the information. Everything we have spent, everything we will spend - showing you exactly where we are spending your investment. This is a company built upon the investment of the workers of America, the tradespeople and the people who see an opportunity for change, and profit. Because we are choosing to raise money in this manner, we owe you all full disclosure, full transparency.
INVESTMENT, PUT TO GOOD USE
We have been very successful in our previous two crowdfunding campaigns - raising over $2,400,000. Its how we have invested this that makes the difference. We are not like the others, we do not need massive amounts of capital, because we spend wisely, with purpose.
42,828 sq ft FACILITY
9:26 MINUTE BATTERY CHARGE TIME
GEN 1 PLATFORM PROTOTYPE CREATED
CHARGING STATION & HANDLE PROTOTYPE CREATED
With a 74% stake in the company, the ATLIS team still holds the majority of the company. This is important as we are not controlled by self-serving organizations. The founders' voting rights are particularly important when it comes to upholding and implementing the company's goals and values. Even after this phase of funding is achieved, the team will still own a majority, at around 63%.
The second largest percentage of shares are owned by our thousands of supporters and customers, people who believe in our message and brand. All of this ensures we stay true to our mission and prioritize our customers first.
74% ATLIS Employees and Founder
23% CrowdFunding Investors
3% Seed Investors + Other
MADE IN THE USA. BY THE USA.
We are made up of investors large and small all over the United States. We are made in America and we are supported by Americans, from all backgrounds, with one shared goal.
Map is a visual representation of investors locations across USA
ACQUISITION OF ENGINEERING EQUIPMENT
ACQUIRE KEY TOOLING
HIRING OF KEY ENGINEERING MEMBERS
FINALIZE DESIGN OF XT PLATFORM AND CHARGING STATION
$10 MILLION RAISED
FURTHER HIRING OF ENGINEERING AND OPERATIONS TEAM
ADDITIONAL TOOLING REQUIRED FOR XP PLATFORM
CREATION OF PRODUCTION READY PROTOTYPE OF BATTERY PACK
TESTING OF XP PLATFORM AND CHARGING STATION
QUALITY CONTROL OF CHARGING STATION
PRODUCTION READY PROTOTYPE OF CHARGING STATION
$20 MILLION RAISED
QUALITY CONTROL OF XT PLATFORM
PRODUCTION READY PROTOTYPE OF BATTERY PACK
PLANNING FOR XT PLATFORM COMMERCIALIZATION
BUILD SALES AND SUPPORT ORGANIZATION
CONTINUE XT DESIGN
$25 MILLION RAISED
TOTAL COST UNTIL PRODUCTION
Clearly the largest percentage of spending goes towards the production of the prototypes themselves. Included in this is the tooling costs and necessary equipment for the preparation of manufacturing and continuation of prototyping.
The second largest percentage of spend is related to hiring the team we need to get to production. We will continue to grow our team of industry experts and radical thinkers to bring ATLIS' disruptive products to market on time and in budget.
54% Equipment & Machinery
33.5% Research & Development
1% Other OpEx
IT'S JUST THE START.
WHAT HAPPENS AFTER WE RAISE $25M?
$30 MILLION RAISED Q4 2020
Allowing ATLIS to take the XP Platform into full production. The XP is then sold and further design development for the next generation is begun.
$100 MILLION RAISED 2021
ATLIS complete the production and delivery of the first 100 XT Pickup Trucks.
FURTHER FUNDING + DEVELOPMENT 2022
Mass production of the XT Truck continues