Koil Energy Solutions Inc. (KLNG)

[SageWise]

JDS - indeed, the absence of gear boxes in the Proteus is a benefit in more than one way -

1) wait time on gear boxes in the supply chain is supposed to be long and not being dependent on them means DDI can build the Proteus quickly and deliver it to a customer in need. Valuable time/money on a project is saved this way.

2) I went back and looked at the use of water jet engines for the Littoral Combat Ship (LCS).
"In most cases a gearbox is not required. The entire propulsion system receives less stress and requires less maintenance." IMO, the same may be true for the Proteus as well.
"Why New Warships Will be Powered by Waterjets"
http://www.marinelink.com/Story/WhyNewWarshipsWillbePoweredbyWaterjets-206051.html
"What was once a way to makes waves with small craft, contemporary high-powered waterjet propulsion systems are winding up on bigger vessels including warships. Why waterjets? They are simple and reliable, with the pump impellor turning at a constant speed and flow in one direction. Engine loading is constant. In most cases a gearbox is not required. The entire propulsion system receives less stress and requires less maintenance. Waterjets have plenty of pickup, can sustain high speed operations, but can stop on a dime by reversing thrust. They’re responsive, and idea for precise maneuvering or station keeping. Waterjets can be used in very shallow water. There’s no screw to foul."