Global Air Cylinder Wheels Pushes Boundaries in Mining
In a bid to tackle a significant challenge within the mining sector, Global Air Cylinder Wheels® (GACW) has taken a bold step forward by launching its third equity crowdfunding campaign on StartEngine. The Phoenix-based company is seeking to raise $3.2 million under Regulation CF, aiming to revolutionize the way tires function in the demanding and often harsh environments of global mining operations.
The Problem at Hand
Mining companies have long faced the hefty financial burden associated with tire maintenance and replacements. Traditional tires are prone to failure, especially under extreme conditions, leading to unexpected downtime and increased operational costs. GACW’s innovative Air Suspension Wheel (ASW) technology presents a viable solution, offering enhanced durability and cost-efficiency.
Recent Achievements
Following strong momentum, GACW expects to receive over $6 million in purchase orders from six mining firms across the U.S., Canada, and Australia within the next 18 months. Moreover, the company anticipates generating approximately $4 million in revenue from existing industry contracts and ongoing trials. GACW's current growth trajectory is not just a testament to its innovative approach but also a response to pressing market demands.
Funding Progress
The new crowdfunding initiative builds on GACW's successful funding history, including a $1.47 million raise in May 2025 through Dealmaker. These funds were allocated toward manufacturing ASWs for trials with a significant iron ore mining company based in the U.S., an essential step in GACW's journey from research and development to revenue generation.
“Investor confidence in GACW stems from not only our ambitious vision but also from the tangible progress we have made,” explains Harmen van Kamp, CEO of Global Air Cylinder Wheels. The new StartEngine round provides a unique opportunity for both new and returning investors to participate in the company’s plans to scale production and fulfill substantial orders.
Long-Term Strategic Vision
The company is on an upward trajectory with a board-approved capital strategy aimed at securing up to $15 million over the next 18 months. This capital will accelerate commercialization and aid in fulfilling existing orders while expanding operations globally. GACW's patent portfolio reflects its innovative spirit, boasting 75 issued patents and over 120 applications pending worldwide.
The ASW, a non-pneumatic mechanical wheel made mainly of steel, allows for in-wheel suspension through advanced nitrogen-filled cylinders, thus dramatically improving performance in the mining sector and beyond. Initial fleet orders for a significant mining operation could be valued at over $70 million based on vehicle counts and pricing for ASWs.
Financial Health and Funding Strategies
As part of its ongoing strategy, GACW successfully completed a 2024 financial audit with a clean opinion in July 2025—a critical requirement for compliant public fundraising. Additionally, the company secured short-term stakeholder loans totaling $275,000 in Q2 2025 to maintain operations during key periods, showcasing solid investor backing.
Notably, GACW is actively engaging in discussions with an Australian engineering firm for potential strategic investments and is in contact with various investment groups, strengthening its financial standing.
“We are poised to establish the Air Suspension Wheel as the industry standard, revolutionizing the mining market and setting new benchmarks for operational efficiency,” concluded Van Kamp. For those interested in learning more about GACW, CEO Harmen van Kamp will appear in an informative interview with Kevin O'Leary, shedding light on the company’s exciting journey and future plans.
Closing Remarks
Global Air Cylinder Wheels continues to make strides that not only benefit the mining sector but also contribute to a larger environmental conversation. By evolving its technology, innovating its approach, and fostering investor relationships, GACW is well-positioned to lead change in a $30 billion off-the-road tire market.
For more information, visit
Global Air Cylinder Wheels or follow their upcoming endeavors on StartEngine.