But I’ll argue it’s for one simple reason alone, and that’s because nobody wants to trade down in life. Tesla was the first car company to make an EV that was better than whatever car you already have in your driveway. They made EVs aspirational. And by developing an entirely new powertrain system, and by solving real world problems inherent in motorcycling today, we believe we’ve done the same thing. So because of the high cost of developing new technology that requires us to start at the top of the market, like Tesla did, making us the highly aspirational player in the space as well. And so, very much like Tesla, we’re taking the approach where we can revolutionize motorcycling by first developing the fastest, most powerful and longest range and safest motorcycle we can that is intended to meet the needs of every day western enthusiasts.
We’ve also built an exciting brand that we believe can cause a transformation from the west out to the east, and eventually around the world. So I’m going to present to you the Damon HyperSport, our flagship product that’s capable of outperforming really any of the kind of motorcycles we’ve seen in the world today. [Video Presentation] Hopefully, this video is playing for you guys. [Video Presentation] All right. So that’s the demo video of our flagship product, the Damon HyperSport. The bike has been designed from the ground up. Almost every inch of this thing has been engineered to deliver some of the highest performance ever achieved of any motorcycle in the world. The Damon HyperSport delivers 200 horsepower, 200 Newton-metres of torque and maintains over 200 miles of combined city highway range per charge.
It also has DC fast charge capability built in and will also be compatible with Tesla Superchargers. In 2023, WIRED Magazine became the first media outlet to ride it on the track back to back against the best BMW superbike you can buy. And they said the Damon effectively screams at full acceleration, a high pitched shriek from the HyperDrive’s electric motor and internal gear set, it sounds like nothing more or less than the future, and you can read that article on WIRED Magazine from the July issue of 2023 goes on with lots of detail about how great the bike is. So it’s these points on the left of the slide here that have made the company really special. Our bike is 100% electric and is capable of meeting or exceeding the performance of the best Ducati’s, BMW’s, and Honda superbikes you can buy.
We’ve also developed CoPilot, one of the world’s first collision warning systems for motorcycles. The team and I have been working on it to a level of production readiness, having tested it with over 100 local riders, with the Chief of the Police of LAPD, and 12 of their officers in downtown LA traffic, and with chief engineers from Kawasaki, Honda, Suzuki have all tested our CoPilot system, and it really makes a difference. We’ll talk about more of that in a little bit. We’ve also so far received over $85 million in consumer credit card backed reservations for the HyperSport that you see on the screen here. We’ve generated and raised over $70 million to date, and we have 34 patents or patents pending across 13 jurisdictions around the world.
And we’ve won 14 major awards. Awards like the Best of the Best of Automotive Innovation by CES, CNET, Robb Report, Fast Company, Popular Science, The Thomas Edison Award for Innovation, and so on. And we have a pretty fantastic group of people on our team that I’m very lucky to be surrounded by. A little bit about myself. I’ve been in the automotive industry now for 15 years. In 2003, I decided that I wanted to spend the rest of my life helping to get the world off oil. So in 2008, I figured the best way to do that was to build electric vehicles, and I founded a company called REV Technologies. We made high performance electric SUVs and pickup trucks on Ford chassis. Some of our major customers included U.S. and Canadian municipalities, utility companies.
We also won several DOB contracts funded by TARDEC in partnership with major military contractors such as SAIC and Honeywell Aerospace. Then in 2012, I founded a company called Mojio, making internet connected hardware and software platform that grew to become one of the largest platforms for consumers in the automotive industry today. Mojio now has millions of subscribers in nine countries around the world in partnership with seven wireless carriers like Deutsche Telekom, T-Mobile, MetroPCS, Telus, Rogers and Bell, and has taken significant investment from quite a few strategic investors like TELUS Ventures, T-Mobile, Deutsche Telekom, Bosch, and many others. To my right is Derek Dorresteyn. He’s our CTO and a champion motorcycle racer. He has decades of experience designing and developing high voltage, high performance electric motorcycles and dirt bikes under the name Alta Motors.
