Industry Leadership ONYX's reputation for manufacturing high-quality propane-powered machinery positions it as a premium supplier to construction and agricultural equipment markets, presenting opportunities to partnering or upselling to machinery distributors and B2B clients within these sectors.

Strong Financial Growth Recent successful funding rounds, including a significant $20 million brokered financing and over $26 million total raised, provide ONYX with the financial capacity to expand its distribution channels, invest in new technology, and increase its market penetration in machinery markets.

Innovation Focus Onyx's ongoing development of propane engines and commitment to American craftsmanship suggest potential for collaboration on component supply, technology licensing, or co-marketing with companies focused on sustainable and fuel-efficient machinery solutions.

Market Expansion Potential With a strategic presence in North Carolina and recent expansion into high-value mineral exploration projects in Ontario, ONYX has opportunities to diversify offerings, and sales teams can explore cross-industry solutions across machinery and resource exploration markets.

Technology Integration Utilizing a modern tech stack including PostgreSQL, Node.js, and Google Maps, ONYX shows emphasis on advanced digital infrastructure, which suggests potential for SaaS, IoT, or data analytics solutions aimed at optimizing manufacturing processes and operational efficiency.