Cyclone Power awarded $1.4M from U.S. Army
With this contract, Cyclone and Advent will develop a compact 10kW auxiliary power unit (APU) designed to increase operating efficiencies and decrease fuel usage of various ground combat vehicles.
The all-fuel capable 10kW APU/genset, to be built on Cyclone's award-winning Rankine cycle engine technology, will be designed to eliminate the need for the main drive engines to provide auxiliary power in combat vehicles. The practice of idling these engines wastes fuel, increases exhaust and heat emissions, and shortens vehicle engine life. Current targeted applications are for use in the Abrams M1 Main Battle Tank, the Stryker Armored Vehicle and the Bradley Fighting Vehicle. It is anticipated that these designs will also support future vehicle platforms.
According to the news release, this contract provides for the development of an extremely compact, powerful engine that can run on any liquid fuel," stated Dr. Phillip F. Myers, Chairman and CEO of Advent. "Cyclone is the only technology we have found that boasts the characteristics necessary to successfully complete this crucial mission. We are extremely pleased to be working with the Cyclone team on a project of such importance and vast significance for our military and soldiers overseas."
Dr. Myers further stated: "The Army wants and badly needs this technology and specific application. We have high praise for Senator Bill Nelson (D-FL), who sponsored this project. It will provide development funding and job growth for at least four small Florida companies, including ours. It is critically important from a strategic and economic standpoint to invest in technologies that reduce the logistical burdens of our brave men and women in uniform. Clean energy technologies like those being developed in Florida by Cyclone Power and Advent, have widespread applications in strengthening our military with improved efficiencies and major cost savings. Senator Nelson's support is making this possible."
The first prototype engine systems are scheduled to be developed, tested and delivered within 12 months. Advent has assembled an all-star team to perform the necessary tasks, which includes Cyclone as the lead and predominant subcontractor. TACOM, the contracting organization within the Army overseeing this contract, has also requested production cost schedules for up to 10,000 engines annually.
"This program expands upon the critical work we're already doing for the U.S. military with defense contractors such as Raytheon," stated Cyclone's President, Christopher Nelson. "The significance of this to us is enormous. Not only does this contract provide development funding and possibly on-going revenue, but it's also representative of the overall impact of Cyclone's technology on our nation's defense and security, which is a source of great pride for our company and our team."
About Cyclone Power Technologies
Cyclone Power Technologies is the developer of the award-winning Cyclone Engine - an all-fuel, clean-tech engine with the power and versatility to run everything from waste energy electric generators and solar thermal systems to cars, trucks and locomotives. Invented by company founder and CEO Harry Schoell, the patented Cyclone Engine is a eco-friendly external combustion engine, ingeniously designed to achieve high thermal efficiencies through a compact heat-regenerative process, and to run on virtually any fuel - including bio-diesels, syngas or solar - while emitting fewer greenhouse gases and irritating pollutants into the air.
The Cyclone Engine was recognized by Popular Science Magazine as the Invention of the Year for 2008, and was presented with the Society of Automotive Engineers' AEI Tech Award in 2006 and 2008. Additionally, Cyclone was recently named Environmental Business of the Year by the Broward County Environmental Protection Department. For more information, visit www.cyclonepower.com
[Full Dislosure: Frank owns shares in this company as part of his long-term IRA investments]
About the Reporter: After 39 years in the auto industry as a design engineer, Frank Sherosky now trades stocks, futures and writes articles, books and ebooks like, "Perfecting Corporate Character," "Awaken Your Speculator Mind", and "Millennial World Order" via authorfrank.com. He may be contacted here by email: [email protected]
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