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Cyclone Power Technologies Inc. (Pink Sheets: CYPW) announced that its licensee Great Wall Alternative Power Systems Ltd. has completed the first important milestones in the prototyping stages of its License Agreement. These targets include completing the design and IP transition work, and assembling their engineering team, needed to commence production of the initial Cyclone engine prototypes for the China market.
“We have created the basis for what I consider from my years involved with U.S. defense projects, an ‘engineering center of excellence’,” stated Keith McDade, VP of Technology and Engineering of Great Wall, in charge of overseeing design, development and IP protection for the Cyclone technology in China.
“We are committed to the highest level of quality in our engineering, and we expect this attention to detail and performance to define the products we develop utilizing Cyclone’s technology.”
Great Wall anticipates commencing building of initial engine prototypes this quarter. Their current focus is on the Cyclone WHE-25 for use with biomass-to-power generator systems. These will include distributed combined heat and power (CHP) applications, and power sources for bio-char based environmental remediation (water and soil) equipment. Subsequent development will include Cyclone’s Mark V and larger engines.