Cyclone Power Technologies Delivers Engine in Full Satisfaction of U.S. Army / TARDEC Development Contract
May 29 2014 - 8:30AM
Access Wire
POMPANO BEACH, FL / ACCESSWIRE / May 29, 2014
/ Cyclone Power Technologies Inc. (OTCQB: CYPW), developer of
the all-fuel, clean-tech Cyclone Engine, announced
that it has successfully delivered its prototype S-2 engine and
auxiliary power unit (APU) to the U.S. Army / Tank
Automotive Research, Development & Engineering Center
(TARDEC), in full satisfaction its $1.4 million development
contract with the government. With this accomplishment, Cyclone has
submitted for payment a final invoice for approximately
$150,000.
The objective of the Army / TARDEC program was to develop a
Phase I prototype of a highly compact (12” x 12” x 17”),
lightweight 10kW power generator, driven by Cyclone’s multi-fuel
capable external combustion engine. The system was designed to be
compatible for use with multiple lines of combat vehicles, either
as a built-in auxiliary or dismountable and portable power unit.
Electro-Mechanical Associates of Ann Arbor, MI provided the
specialized electric generator for the unit.
As part of the delivery, the Cyclone powered APU ran at the
TARDEC test cell outside of Detroit, MI while connected to a fuel
supply and an electrical load cell. Representatives from TARDEC
confirmed that the system met contract requirements. The Company is
now in discussions for follow-on funding to advance the technology
through manufacturability and life testing.
Harry L. Schoell, Cyclone CTO and inventor of the technology,
said: “We are as enthusiastic as the TARDEC group is about this
program. We believe our technology can have an even greater impact
on the prime movers themselves, the tanks and trucks especially,
where strict dependence on diesel and JP-8 has always been a
planning hurdle in deployment and supply. These engines open up
many options.”
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 CTO Harry Schoell, the patented Cyclone
Engine is an 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 two Society
of Automotive Engineers’ AEI Tech Awards. Additionally,
Cyclone was named Environmental Business of the Year by the Broward
County Environmental Protection Department. For more information,
visit http://www.cyclonepower.com/.
Follow Cyclone on Facebook:
http://www.facebook.com/CyclonePowerTechnologies
Safe Harbor Statement
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. The company
cautions that these forward-looking statements are further
qualified by other factors. The company undertakes no obligation to
publicly update or revise any statements in this release, whether
as a result of new information, future events or
otherwise.
Disclaimer: Reference herein to any specific commercial
company, product, process, or service by trade name, trademark,
manufacturer, or otherwise, does not necessarily constitute or
imply its endorsement, recommendation, or favoring by the United
States Government or the Department of the Army (DoA). The
opinions of the authors expressed herein do not necessarily state
or reflect those of the United States Government or the DoA, and
shall not be used for advertising or product endorsement
purposes.
Cyclone Contact
Frankie Fruge, COO and Director
Tel: 954-943-8721
info@cyclonepower.com
Source: Cyclone Power Technologies Inc.