RDT.v .10 get Phase 2 from US Military....I think this is a GREAT thing for this little company.
Radiant Awarded Phase II to Build Prototype Transportable Deicing System for U.S. Military Use
PORT COLBORNE, ONTARIO--(MARKET WIRE)--Jan 30, 2007 -- Radiant Energy Corporation ("Radiant" or the "Company") (CDNX:RDT.V - News) developer and marketer of InfraTek® the patented, infrared pre-flight aircraft deicing system, is pleased to announce that its wholly owned subsidiary Radiant Aviation Services, Inc. has been awarded a Phase II contract in the development of a non-glycol based, transportable deicing system for use by the US military.
The U.S. Department of Defense's Small Business Innovation Research program selected Radiant to continue research into Phase II - Prototype development. Radiant was chosen in response to a need to overcome the operational limitations of deicing with glycol-based fluids at expeditionary Air Force Bases. Radiant leveraged its extensive expertise in non-fluid deicing technology to demonstrate its infrared technology using electrical power in Phase I of the research. Radiant successfully demonstrated the deicing effect with an electrically powered array at the National Gas Test Center in Montreal, Canada in January 2007. With this technical achievement Radiant will continue prototype development and build a full scale technology demonstration at the Niagara Falls International Airport.
The electrical infrared deicing system concept will be quickly installed, easily transportable, and scalable for aircraft ranging in size from helicopters to large mobility aircraft. The system will provide the same infrared deicing effect as Radiant's current permanent systems in place at commercial airports in the United States and Norway. The InfraTek installation at the Newark Liberty International Airport, one of Radiant's first systems, has achieved a 90% reduction in glycol use. The proposed infrared transportable system is not a replacement technology to the existing patented InfraTek deicing system. Successful development of the proposed transportable system will meet specific deicing needs of the US Military in remote theaters of operations.
This announcement represents the second of three phases before final approval and implementation of the transportable system. Phase II, valued at approximately USD $750,000, will fund the prototype development. Additionally, the United States Air Force may match funding from other agencies up to an additional USD $500,000. Radiant will be working with agencies such as the FAA and the New York State Power Authority to obtain supplemental and matching funding. This could provide funds up to USD $1.75 million to accomplish prototype development. Any applicable patent application will be filed by Radiant Aviation Services, Inc. Subject to entering a contract with the United States Air Force, the prototype development is expected to commence in the second quarter of 2007 for field testing next winter.
The InfraTek Deicing System is the only FAA-approved for use, non-glycol based alternative to the conventional pre-flight ground deicing process. InfraTek offers substantial savings to airports and airlines by reducing treatment and collection costs and reducing the negative environmental impact of conventional glycol deicing. The InfraTek Deicing System is in use at JFK International Airport, New York, the Newark Liberty International Airport, New Jersey, the Rhinelander-Oneida County Airport, Rhinelander, Wisconsin, and about to commence full operations at the Oslo Airport in Gardermoen, Norway. |
