Replies to post #21682 on Cyclone Power Technologies, Inc. (fka CYPW)

[greenpar]

They must have one engine that is completed.
Why I say this, do you think they would give Raytheon engines that had problems?

From the Year End Progress Letter to Shareholders,

Delivery of engines to Raytheon in Q2 2012: Achieved

The Raytheon engines delivery was an important milestone for Cyclone, and we are pleased to have achieved it on time and within budget. With the current military requirements and funding in this sector uncertain, it is hard to tell right now how this particular project will proceed. We maintain a good relationship with our engineering leads at Raytheon, and expect to continue to develop solutions for the undersea power and propulsion sector in the future.

What we can look forward to.

Commence work on the Mark 5 engines for Combilift: Achieved

We began work on the Combilift engines in Q2 2012 as scheduled. We estimated delivery of these engines by the end of 2012, which has not been achieved. The development path for the Combilift engines follows the LSR engine; however, the complexities and operational requirements for Combilift engines are greater. To assist us in moving this project towards completion, we have recruited contractors with expertise in certain areas such as condensing systems. We are confident that we can start delivery of engines to our customer in the first half of 2013.

Commence integration of our Waste Heat Engine (WHE-25) with Phoenix Power's waste oil combustion system: Achieved

This was another important technological milestone for Cyclone. Integrating any two new technologies takes time. In doing so with the WHE-25 and the novel steam generation system developed for the Phoenix waste oil furnace, we experienced pumping, water flow, cooling, controls and other hurdles to overcome. We are now achieving consistent, even system runs that look very encouraging. We initially anticipated a Q3 2012 completion of this project. Now armed with a better understanding of the many intricacies involved, and with recently added support and expertise, we estimate that completion for this integrated system can be achieved early in 2013. We then plan to work with our partners to harden and refine the system for in-field demonstrations, estimated to commence in the summer of 2013.

Progress Letter to Shareholders http://www.enginuityenergy.com/cyclone-power-technologies-releases-year-end-progress-lette.html