Yes, I believe you are correct
Just like Hammer is entry level Felder
For me the three of biggest differences between Hammer and MiniMax are that MiniMax does not spend the $$$$ on fancy catalogs, website, advertising, etc. (just take a look at their website and you will see)
They usually sell their machines fully equipped as most people would use them versus Hammer starting with their very basic, stripped down version and you go up from there.
MiniMax usually stocks their machines somewhere in the U.S. versus Hammer having to order it and you it takes several months to get to you
Keep in mind we are in the Fall season now and both of these companies usually have some great 'end of the year/Christmas' sales.
Lastly, if you are in the market for a jointer, planer, combo or sliding table saw and you have not heard or at least looked into MiniMax - you should
https://www.scmgroup.com/en_US/scmwood/products/joinery-machines.c884
I forgot to add that supposedly the 'silent cutter-heads' greatest feature is...... it is quiet. As others have noted, a typical dust collection system is loud enough to require hearing protection so for me, the fact that the jointer is 'quiet' is a mute point.
I will mention that it is nice to be able to quickly change the knives depending on the material you are working with. Tersa knives come in chrome steel, high-speed steel, and carbide. I believe the silent cutter-head is carbide?
Carbide
Very durable but gives a reduced finish quality, recommended for hickory, teak, exotic hardwoods, man made materials, glue lines
High-speed steel
Better for all around use. Recommended for softwood and occasional hardwood use
Chrome steel
For hardwood applications. Less likely to chip the cutting edge than HSS
https://www.simantechinc.com/index.php?l=product_list&c=2