Ticker Symbol: COTE
Coates International Ltd.
2100 Highway 34
Wall twp , NJ 07719
Tel: (732) 449-7717
Coates Power Inc.,Ltd.
19 Guishan Road
Changjiang Industrial Park
Xianning City, Hubei Province
Product and Videos:
Recent News Releases:
06/12/18 COATES INTERNATIONAL, LTD. IS FINALIZING A CONSTRUCTION CONTRACT FOR THE COMPANY’S NEW ASSEMBLY PLANT TO BE BUILT ON A PARCEL OF COMPANY-OWNED LAND --- SHAREHOLDERS’ UPDATE
Wall Township, NJ, June 12, 2018 (GLOBE NEWSWIRE) -- Coates International, Ltd. (OTC PINK: COTE) (the “Company”) is pleased to announce that it is finalizing a construction contract for the Company’s new assembly plant. Company management plans to execute this agreement, shortly after completion of final legal review.
- The China-based transaction continues to slowly progress. Mr. James Xoshi Pang, the Company’s liaison in China, has returned to the U.S. and is working to finalize documents and prepare an updated manufacturing and distribution business plan for the Chinese principals.
- The Hydrogen project, with a goal of harvesting Hydrogen fuel from water to power the Company’s CSRV® engines, is advancing at a good pace. Tests are expected to start within the next several weeks. Achievement and goals of this project would likely cause a pervasive change in the electric power generation industry.
- A prospective new project may be starting up to develop prototypes for CSRV® aircraft engines. More information on this will be forthcoming soon.
09/19/17- Coates International, Ltd. Was Notified on September 19, 2017, That the San Felip Mexico Project Has Been Taken Over by H2 Generacion LLC, a Delaware Corporation
THIS IS A $412,000,000 40 M.W. HYDROGEN REFINERY PROJECT UTILIZING THE COATES CSRV® H2 ENGINES AND ELECTRIC POWER GENERATORS MANUFACTURED BY COATES AND CUMMINS
WALL TOWNSHIP, N.J., Sept. 20, 2017 (GLOBE NEWSWIRE) -- Coates International, Ltd. (OTC PINK:COTE) (the "Company") was notified on September 19, 2017, that the San Felipe Mexico 40 M.W. project has been taken over by H2 Generacion LLC, a Delaware company. Project funding by a global business green energy group.
Coates International, Ltd. President and CEO, Mr. George J. Coates, comments: "This project is similar to the clean green energy project in Alpha, New Jersey but much bigger. We have been working incognito with each project. Here at the Coates headquarters, we have been continuously working on hydrogen products and new technology of which cannot be divulged at this time until patent protection is in place. Only certain people are allowed on the premises while this work is in progress. Many new patents will be applied for. This new H2 hydrogen technology, with the Coates CSRV® system, we believe, will be world renowned; the cleanest green inexhaustible power ever produced from rays of the sun producing H2 hydrogen fuel that will be utilized to operate the clean green Coates CSRV® electric power industrial generators and transport vehicles and compressors.
"These companies that have taken over these projects in the USA and Mexico have applied to Coates to acquire a license to use and sell the Coates products.
09/12/17-Coates International, Ltd. Was Notified on August 31, 2017, That the Alpha, New Jersey Project Has Been Taken Over by H2 Development Corp.
GlobeNewswire•September 12, 2017
The Integrated Commercial Manufacturing Facilities Production to Include Green Hydrogen Power and Renewable Energy
The Scope of the Energy to be Provided by Coates CSRV® H2 Industrial Electric Power Generators on Site
WALL TOWNSHIP, N.J., Sept. 12, 2017 (GLOBE NEWSWIRE) -- Coates International, Ltd. (OTC PINK:COTE) (the “Company”) was notified on August 31, 2017, that H2 Development Corp. has taken over the Alpha, New Jersey project. Project planning has been approved and funding of $35,000,000 USD is in place. 2 M.W. sun tracking solar systems by EPG, Green Hybrid Energy Solutions of White Plains, New York will be on-site. Coates International, Ltd. will provide 1.5 M.W. H2 fueled Coates CSRV® industrial electric power generator sets, including CSRV® retrofit 18 wheeler tractor trailer trucks. The H2 infusion process will be contributed by Kokomo Beverage Bev-Graph Alpha, New Jersey.Coates International, Ltd. President and CEO, Mr. George J. Coates, comments: “This project is the world’s first of its kind and will achieve renewable green energy storage.
"The rays of the sun supply inexhaustible carbon-free power. When the sun goes down, the CSRV H2 generator sets kick in so that a constant 24/7 power supply is achieved. H2 transport trucking is also a first. Powered by H2 produced by rays from the sun, there is a continuous supply of, green clean carbon free continuous power. This may be the biggest breakthrough of energy supply in the world ever.
"Poppet valve engines do not work properly on gaseous H2 because they have overlap; meaning both inlet and exhaust valves are open at the same time causing pre-ignition. The Coates CSRV® operates with totally different action and operates flawlessly on all combustible fuels including flare off gas, CNG, LNG, propane and Hydrogen H2.”
05/04/17-Two Officials From the Pentagon ACSIM-ODF US Army Visited the Coates International, Ltd. Headquarters in New Jersey Yesterday, to Discuss Procurement and Installation of Coates CSRV Industrial Electric Power Generators at US Army Bases
WALL TOWNSHIP, N.J., May 04, 2017 (GLOBE NEWSWIRE) -- Coates International, Ltd. (OTC PINK:COTE) (the “Company”) on May 2, 2017, a meeting was held at the Coates International, Ltd. headquarters in New Jersey with two officials from the Pentagon ACSIM-ODF US Army to discuss the use of Coates CSRV industrial electric power generators operating on natural gas for deployment at US Army bases.
Company President and CEO, Mr. George J. Coates, comments: “This was a very important meeting for the Company. A number of Coates CSRV industrial natural gas electric power generator types were demonstrated, including a propane unit and various gasoline engines. At the conclusion of the meeting, the parties agreed that it was productive and positive. The representatives were presented with manuals, official test data and informative DVDs. A transaction of this magnitude represents a significant opportunity for our Company. The requisite technology and know-how is already in place. All products for this application will be manufactured in the USA.
Company management is enthusiastic about the extent of this potential project to deploy our CSRV natural gas Gen Sets at US Army bases. Our Gen Sets lower harmful emissions into the atmosphere, reduce costs and utilize fuel that is readily available in vast quantities through the United States, including “flare-off gas” which is normally wasted because it is not suitable for powering conventional internal combustion engines.”
04/19/2017- Coates International, Ltd. Received Official Notification From Secure Supplies Mexico LLC That the Solar System Project in Mexico is Budgeted for $412,000,000 USD Over a Three Year Period to Completion - Coates International, Ltd. is to Manufacture and Deliver a Number of Large Industrial CSRV Electric Power Generators That Will Operate on Hydrogen - on Site Revenues From This Transaction to the Company Will be Approximately $40,000,000 USD
Coates International, Ltd. (OTC PINK:COTE) (the “Company”) recceived official notification from Secure Supplies Mexico LLC that the solar system project in Mexico is budgeted for $412,000,000 USD over a three year period. The Company will deliver 40 to 50 CSRV large industrial electric power generators to operate on gaseous hydrogen produced on site.
Company President and CEO, Mr. George J. Coates, comments: “This is only one of the projects that our Company is involved in with Secure Supplies. These projects work in the following way: Secure Supplies set out on the site where hundreds of solar panels are erected producing electric power and producing hydrogen, which is stored in special expansion tanks. When the sun goes down, the Coates CSRV electric power generators fire up operating on the stored hydrogen, which is produced by the sun. These CSRV generators are synchronous and only produce the power required at any given time up to 50 M.W. These are the most “green” projects ever. These projects are many worldwide. Coates CSRV engines are the only engine suitable to operate on gaseous hydrogen continuously.
“Management believes this is a turning point for the Company that will benefit all involved.”
About Coates International Ltd:
CIL has been in research and development for approximately 20 years on a new CSRV (Coates Spherical Rotary Valve) combustion engine, which is patented worldwide. The research and development phase is now completed and CIL is gearing up for production and distribution of its new engines.
These CSRV engines run on a number of different fuels, such as gasoline, natural gas, methanol, ethanol, hydrogen and diesel. Oil changes are extended to approximately 50,000 miles instead of every 3,000 miles and in some cases oil changes are not necessary. Maintenance is drastically reduced. There is increased power, reduced fuel consumption and dramatically reduced emissions. CIL management believes the CSRV engine will lower United States' dependency on imported oil and fuels and believes this is the engine of the future.
Coates International Ltd. is a New Jersey based precision engineering company specializing in the development of technologies that evolve the standard combustion engine with the objectives of dramatically improving fuel efficiency and power generation, and reducing harmful emissions and long-term maintenance costs.
Coates International was organized on the 22nd of December 1987 and reorganized in 1991, and existing under and by virtue of the General Corporation Law of the State of Delaware USA, is a fully reporting public company whose shares are traded on the OTC Bulletin Board under the symbol COTE
Coates International's Research and Development facility is a 30,000 sq. ft. complex situated on 6.5 acres of land site valued at approximately $3-4 million. Coates International has significant intangible assets including:
-A large number of highly valuable patents (eighteen in USA and over one hundred worldwide) for combustion engines and new technologies relating to combustion engines. https://youtu.be/KPXKqMkJl4A About Coates Power Inc,Ltd.:
-A steam turbine engine valve patent
-A self adjusting wheel bearing patent
-Concepts in testing not yet patented
-Large numbers of working prototypes
-A pulse detonation rocket engine
Coates International, Ltd. $100,000,000. USD License sold to Renown Power Ltd. Hong Kong, China. Coates Power Inc., Ltd. China and the Chinese Government are involved in the deal.
Coates Executive staff returned from a three week visit to China. Presented on this page are an image gallery and a video of the city where Coates Power Inc., Ltd. is located. Also included are photos from the recent visit made by Mr. George J. Coates, President and CEO of Coates International,Ltd., Mr. Paul Casagrande, U.S. Plant Manager, and Mr. James Pang, the company’s exclusive representative in China and who now is in control of all Coates operations in China.