Capstone Green Energy Corp (fka CGRNQ)

[TheyCallMeBruce]

Interesting comments regarding the Wrightspeed’s “Fulcrum” via Ask Management page (sorry if already posted).


May 6, 2015
Question:
Has Wrightspeed replaced the CPST K30 and K60 with its own Technology the Fulcrum?

Answer from Capstone Management:
Capstone has a C30 and C65 product that can be used in various electric vehicle applications. Wrightspeed recently announced it is developing a new 80kW “Fulcrum” turbine at the ACT Expo in Dallas, Texas. Capstone has been working collaboratively with Wrightspeed and founder Ian Wright for several years to develop a microturbine-based electric vehicle solution.
As of this date, we have not been formally notified by Wrightspeed of a decision to stop working with Capstone in light of them developing their own 80kW product. A Capstone C30 powered Isuzu vehicle was displayed by Wrightspeed at the ACT Expo May 4-7, 2015 in Dallas, Texas. The two vehicles that FedEx is currently testing and using for demonstration purposes are still utilizing the Capstone C30 turbines products to the best of our knowledge.
According to recent conversations with Mr. Wright all three turbines are operating satisfactorily, and the next 25 units for FedEx were delayed due to non-Capstone related Wrightspeed power train issues. Capstone is taking Wrightspeed’s “Fulcrum” turbine announcement seriously, but because of the potential legal implications that may surround this new development, Capstone will not be making any further formal statements on this matter until clarification occurs.

Ref: http://www.capstoneturbine.com/investor/ask-management.asp