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Replies to post #49221 on QS Energy Inc (QSEP)
Jason Lane, Chief Executive Officer and Chairman of the Board, commented, "We continue to advance our Applied Oil Technology (AOT) demonstration project on a commercial pipeline located in the southern United States. As previously reported, we completed installation of equipment in late June and began test operations in early July
We repaired and reinstalled the power supply to perform limited testing in the field in advance of ordering a new, higher-capacity power supply and integrating configuration modifications to the internal AOT grid pack based on lessons learned both in the field and in the laboratory.
The new power supply has now been built and quality-tested at the manufacturing facility and is scheduled for shipment to the demonstration site by the manufacturer in the next few days. With this delivery, we remain on schedule to restart AOT demonstration testing before the end of the year."
"During the implementation of these changes, Christopher Gallagher, PhD, the Company's consulting engineer, played a critical role, applying laboratory tests and analysis to details of the AOT configuration and component design. Given his valuable assistance, we are pleased to announce his appointment as Senior Vice President of Product Commercialization and Business Development. In this expanded role, Dr. Gallagher will assume additional responsibilities helping QS Energy progress into commercialization and will be positioned to work directly with prospective customers. Our plans moving forward are centered on achieving commercial adoption of our AOT device."
Dr. Gallagher commented, "I am looking forward to a successful commissioning of the upgraded AOT. Shannon Rasmussen and the engineering team have delivered a new internal design we believe will improve the performance significantly. Based on the results of both field and laboratory experiments, we believe the AOT should allow our demonstration partner to meet its need for additional flow rate in the pipeline. Further, recent laboratory tests indicate we may see performance in excess of our demonstration partner's needs at this location. I know of no other device in the market today with the potential to lower costs by reducing power demand, increasing flow rate or reducing the need for hydrocarbon diluents as the AOT device. I look forward to working with the rest of the QS team to advance the technology and deliver significant value for prospective customers."
Dr. Gallagher commented, "I am looking forward to a successful commissioning of the upgraded AOT. Shannon Rasmussen and the engineering team have delivered a new internal design we believe will improve the performance significantly. Based on the results of both field and laboratory experiments, we believe the AOT should allow our demonstration partner to meet its need for additional flow rate in the pipeline. Further, recent laboratory tests indicate we may see performance in excess of our demonstration partner's needs at this location. I know of no other device in the market today with the potential to lower costs by reducing power demand, increasing flow rate or reducing the need for hydrocarbon diluents as the AOT device. I look forward to working with the rest of the QS team to advance the technology and deliver significant value for prospective customers."
