Raytheon (NYSE-RTN $40.87bil mkt) Raytheon has delivered to Cyclone an initial purchase order to supply prototype engines to power Unmanned Undersea Vehicles (UUVs) for the U.S. Navy and other military customers
Combilift – A contract is to build and deliver two MK 5 engines to this forklift company in Ireland, a heavy duty material handling manufacturer. One engine is to run on liquid fuels and the other on vapor fuels to meet tier 5 and 6 international emission standards.
TARDEC (US ARMY – Tank Automotive Research, Development, and Engineering Center) – The contract was to deliver a power generation complete compact system running on JP8 to produce 10KW of electricity. The Cyclone S2 Engine/Generator system was accepted by TARDEC and was targeted to move on to the next product pre-production phase. Federal budget cuts have temporarily slowed down the process. Cyclone is the first and only system available that meets this military requirement.
95% controlling interest in Cyclone Performance. The purpose of Cyclone Performance is to build, test and run a vehicle utilizing the Company’s engine. In the last quarter of 2012, the Company sold a 5% equity investment to an unrelated investor for $30,000. The Cyclone engine is currently installed and we are missing the safety gear at about $25,000 to complete the car. Another approximately $25,000 will be needed to get the vehicle and crew to the Salt Flats for the record attempt.
15% ownership of WHE Generation Corp. 20 years 5% royalties
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