As Frankie said in the PR "This is an important initial step for Cyclone's business model"
The last 10 years and $57 million in shareholder's deficit was just a Mulligan. Cyclone's business model is only just starting now.
But, considering they've already sold licenses for the small engine market (Revgine), the solar market (Renovia), waste heat market (WHE GEN), industrial equipment (Combilift), the Chinese market (Great Wall), military market (Advent Power Systems), the pig farm methane market and some others, there's not a lot of room to grow.
And the fact that Cyclone sold all these licenses without having a working engine, and that they still don't have a working engine, plus all the publicity they generated about the land and water speed record attempts they never made, might put a crimp in their ability to sell any new licenses...
