In This Article:
MIAMI, Jan. 7, 2025 /PRNewswire/ -- Star8 Corp. (OTC: STRH), ("Star8" or the "Company"), through It's subsidiary TOMAHAWK SRL an Italian Motorcycle EV company, operating under the brand Scarponi Motorcycles, is proud to announce it has a received a $5 Million USD purchase order. The deal is effective immediately and will have the Company deliver 300 motorcycles per year for the next 3 years. The motorcycles are destined for the Canadian and USA markets. Shipment of the first motorcycles will begin in January 2025.
Gianluca Scarponi, CEO and CTO says: "It is truly a testament to the quality of our product, that our partner TAG Intercontinental Imports Corp. has taken the bold step in entrusting our company with an order of this magnitude. A responsibility and honor we do not take lightly. Our team is motivated and ready to deliver.
This agreement marks a pivotal step for Tomahawk, opening the doors to the North American market and reinforcing our vision of innovation and quality".
Gennaro Silvestri, President of TAG Intercontinental Imports Corp. states: "We are thrilled to announce this strategic collaboration with Tomahawk. This agreement not only represents a significant growth opportunity for both companies but also marks a milestone in delivering top quality products designed to redefine the riding experience. I am confident that this partnership will herald a prosperous and successful future for both organizations."
Scarponi Motorcycles are designed and manufactured at our facility in Teramo, Abruzzo. The company received homologation of all 3 models for all EU countries in May 2023.
The purchase order encompasses all 3 models:
Sports SP Relativity
City SP Density
Café Racer CR Gravity
For more information, please visit the Company's website at www.tomahawkitalia.com or https://www.scarponimotorcycles.com/
Information on our website does not constitute a part of this press release.
Cautionary Statement Regarding Forward-Looking Statements
The information in this press release contains forward-looking statements and information. The words "anticipates," "believes," "estimates," "expects," "intends," "may," "plans," "projects," "will," "should," "could," "predicts," "potential," "continue," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that we make.