www.QualityStocks.Net would like to highlight Axial Vector Energy Corp. (PINKSHEETS: AXVC). The company is a global solutions provider that owns, develops and licenses revolutionary internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world.
In the company’s news today,
Axial Vector Energy Corp. announced that it has received final data transfer and production schematics for its 15kW generator/electric motor. This new product is the world’s first “coreless” (no iron) generator/motor to bring industrial-sized efficiency to tabletop and mobile platform uses. The company is currently accepting orders for the units.
These new generators/engines have numerous applications and are anticipated to meet substantial worldwide demand. Some example applications given by the company include: power for ambulances, fire departments, police, military, recreational vehicles, and others that need additional power without further consumption. Axial Vector Energy is already identifying and forging alliances with several certified manufacturers capable of mass production.
President and CEO Sanjai Chhaunker stated, “This marks a significant milestone for Axial Vector Energy and I am proud to head the Company at this exciting time. The 15kW generator and can be used as both a power source and electric motor; the product is virtually maintenance free, its longevity of 40,000 hours is twice as long as its competition, and is 98% efficient compared to others at 70-75% efficiency.”
Axial Vector Energy noted that durability testing for its 100kW generators is continuing. While pleased with the progress of these tests, the company decided that the pistons would need to be redesigned to meet the 40,000 hour durability goal. Newly designed pistons are already in the process of being tested.
“Earlier this year, the Company accepted orders for 80 megawatts using our 200kW Genset Generators. I have spoken to all these customers and no one has cancelled their orders.” Chhaunker added, “We do not pay penalties for being late to deliver this breakthrough technology. Our customers understand the tremendous anticipated benefits of this product and are waiting patiently for us to complete all durability tests before taking delivery.”
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Forward-Looking Statement:
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