AFTC is a research & development organization engaged in the design, development and prototype manufacturing of advanced fuel systems for use with a new alternative fuel -- dimethyl ether (DME). The Company has developed practical, low-cost fuel injection equipment for DME fueled vehicles and currently provides complete DME fuel systems for testing and research purposes in addition to retrofit systems that can be used with most diesel engines.
In addition to DME fuel injection development, AFT is also engaged in the improvement of commercial diesel common rail systems for U.S. military applications. The U.S. military uses JP-8 fuel for all of their engine powered equipment from helicopters to diesel trucks. Modern truck diesel engines equipped with high pressure common rail fuel systems suffer abnormal and unacceptable wear when they are run on a JP-8. AFT is developing a well-known diesel common rail system that is fully compatible with JP-8 jet fuel.
All of our DME systems are designed and built at our research and development facility in Redford, Michigan. We have complete, state-of-the-art CNC machining centers, precision grinding and lapping, and very accurate inspection capabilities.
From the holistic viewpoint, the Volvo Group regards DME (dimethyl-ether) as one of the most efficient renewable fuels, an alternative with extremely low exhaust emissions. If the fuel is produced from biomass such as black liquor from the pulp industry, DME is carbon dioxide-neutral. With modest changes, a diesel engine can run on DME.
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Share Structure: Shares Outstanding 592,233,688 a/o June 12, 2017
Authorized Shares 1,500,000,000 a/o June 12, 2017