SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : AXVC - Axial Vector Engine Corporation
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: QualityStocks7/29/2009 2:34:12 PM
   of 133
 
Axial Vector Energy Corp. (AXVC.PK) Successfully Demonstrates Its Engine Running on Palm Oil

Axial Vector Energy Corp. is a global solutions provider that owns, develops, invests in and licenses revolutionary technologies. The technologies that the company is involved with include internal combustion engines and electric power generator technologies that have potential in military, industrial and commercial applications.

Axial Vector Energy recently announced a successful performance demonstration of its engine running on palm oil, a non-fossil fuel. The demonstration showed that certain less expensive biofuel feedstocks, such as palm oil, can be used in the company’s engines and produce significantly less CO2 emissions.

This demonstration again showed how many advantages Axial Vector Energy’s engines offer. Their engines are lighter and smaller than conventional engines, incorporate about 80% fewer parts than conventional engines, require less maintenance, have a high power-to-weight ratio and are less costly to produce and operate. The company’s engines are also cleaner with fewer emissions and have been shown to be capable to be run using nearly any fuel.

This demonstration using palm oil was a required milestone in a recently announced licensing agreement with Premier Group of Malaysia and should lead to further milestone payments to Axial Vector from Premier Group as per the agreement. The demonstration was significant for both the company and the country since Malaysia is one of the world’s largest producers of palm oil.

President and CEO of Axial Vector Energy, Sanjai Chhaunker, stated, “This successful demonstration of our engines using palm oil only is a long awaited milestone. We will now proceed with the licensing and market awareness programs presenting the value of our products to the world’s attention.”

Please see disclaimer on our profile
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News