QS Energy Inc (QSEP)

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Plans moving forward are centered on achieving commercial adoption of our AOT device leading to sales and revenue in 2019.

Over the past year, we have met with many industry executives who expressed interest in AOT subject to seeing and evaluating commercial operations and data.

Assuming successful operations, the demonstration AOT project should provide data requested such as real-time changes in viscosity, pipeline pressure drop reduction and increases in pipeline operating flowrates.

All collected data will be normalized such that it can be used to evaluate the financial and operational benefits across a wide range of commercial operating scenarios without disclosing confidential details of our demonstration partner’s operations.

We believe that real-world data from our proposed pilot AOT project may be used to accelerate our desire to achieve commercial adoption of our AOT technology, positioning us to re-engage with industry executives, targeting sales in late 2019.