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Tuesday, May 23, 2023 12:18:08 PM
"We have been in anticipation of a letter of intent/memorandum of understanding for the past few months. Needless to say, we are proud to state we have made meaningful progress with a new potential partner whilst promoting renewed interest from our previous development partner. Our confidence supports the formalities of these engagements will be secured in the coming weeks." Cecil Bond Kyte, CEO
QS ENERGY, INC., MEANINGFUL PROGRESS AND NOTABLE ACCOMPLISHMENTS
https://ir.qsenergy.com/press-releases/detail/2057
NOTABLE ACCOMPLISHMENTS
1. Successfully passed the engineering review of a new potential partner.
2. Completed the redesign of the AOT.
3. Demonstrated that a fully assembled AOT would operate at target electric field strength and more.
4. Remained SEC compliant.
5. Sufficient capital raised from our investor community to maintain operations.
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