Forza X1

FRZA

Country

US

Industry

Consumer Discretionary

Market Cap

Nano Cap

Num. Employees

16

IPO Date

Aug 12, 2022

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FRZA

Country

US

Industry

Consumer Discretionary

Create Alert

Forza X1, Inc. engages in the manufacture and development of fully electric boats. The company is headquartered in Fort Pierce, Florida and currently employs 16 full-time employees. The company went IPO on 2022-08-12. 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 company 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 encompassing everything from buying, financing, delivering, servicing, and training. 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.