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About Forza X1, Inc.
Forza X1, Inc. engages in the manufacture and development of fully electric boats. The company is headquartered in Fort Pierce, Florida and currently employs 11 full-time employees. The company went IPO on 2022-08-12. The firm is focused on creating, implementing, and selling electric boats utilizing its electric vehicle (EV) technology to control and power its boats and proprietary outboard electric motor. Its electric boats are designed as fully integrated electric boats including the hull, outboard motor, and control system. The three main components of its electric boats are the fiberglass part of the boat, the motor that propels the boat, and the control system. The firm offers its EV products, services, and support through a Web-based and mobile phone application, which is a vertically integrated and a direct-to-consumer platform. The company utilizes a Web-based and application platform to connect with customers for an end-to-end experience. The Company’s two models, the FX1 Dual Console and FX1 Center Console, are designed to be 25-foot in length, and utilize a catamaran hull surface to reduce drag and increase run times.
Industry: Ship & Boat Building & Repairing Peers: American Outdoor Brands, Inc. Brownie's Marine Group, Inc BOWFLEX INC. HASBRO, INC. INNOVATIVE DESIGNS INC Twin Vee PowerCats, Co.
