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Friday, 07/16/2021 3:35:35 AM

Friday, July 16, 2021 3:35:35 AM

Post# of 2845
Adomani owns 15% of Silicon Turbine? Connecting some interesting dots..

PARTNERSHIPS/TEAMING AGREEMENTS

Silicon Turbines Systems Inc. ("STS")

STS is a breakthrough-patented technology that has the potential to generate electricity "on a chip" by forcing magnetic flux through millions of coils on a microprocessor "like" platform situated on a superconducting thinfilm. Required infrastructure including power electronics and housing dictates that the smallest economical viable system would be a 3kw power generator unit with a dimension of ~ 1 cubic meter.

For ADOMANI a 6kw unit mounted in a vehicle would reduce the battery requirement. Calculations suggest that the battery needs would be reduced to ~ 10% of what is currently used, while increasing range up to 10x beyond what is currently projected by other new emerging technologies. This dramatic increase in range and reduced battery dependence will differentiate ADOMANI from others in their market of interest, all of which are dependent on how battery technologies incrementally improve over time. ADOMANI will have an exclusive worldwide license to use and manufacture STS technologies in our field of use markets. ADOMANI has entered into a licensing agreement with STS whereby ADOMANI, for the investment of $3,000,000.00, will be granted a 10-year worldwide exclusive in the transportation industry plus 15% of the common stock of STS.

https://www.sec.gov/Archives/edgar/data/1563568/000100201414000600/adoms1-11122014.htm

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