Thursday, August 16, 2018 12:04:20 PM
***
Fort Collins, Colorado - July 25, 2018. Czero will provide engineering services to Californiabased
CalWave Power Technologies Inc. to support Calwave’s open ocean demonstration of
a scaled wave energy converter technology.
The project is being funded by a multi-million dollar award from the U.S. Department of
Energy.
***
I had hoped that Czero would point them to call for proposals from DOD and DOE to try to get funding to complete their technology (cause we all know it isn't ready for the market cause its not in the market).
From what I researched about them it seems they know about about to go about it. Maybe CoolTech's technology doesn't seem like the right fit.
I hope the quarterly report next week has some new information from the last. Its possible that there will be no new information about the contract given the last report had some phrase about the next step is to receive a downpayment from the farmers union. Although if it still states that we will know somehthing.
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