Advanced Ceramics Research receives Navy Contract for Engine
Center / Industry News
COLUMBUS, Ind./ -- REGI U.S., Inc.
(OTC Bulletin Board: RGUS) a subsidiary of Reg Technologies, Inc.
(RRE.V / OTC Bulletin Board: REG RF) wishes to announce that a U.S. Navy
contract (SBIR No1-144) has been awarded to Advanced Ceramics Research
(prime contractor) and REGI U.S., Inc. to build and test a Naval 0.5
horsepower ceramic engine. The proposed engine is a four stroke Rand Cam(TM)
engine utilizing continuous injection and combustion in a single combustion
chamber. The engine will be of all ceramic construction to permit high
temperature operation, without cooling, to effectively burn heavy oil. This
new motor will be developed for powering the U.S. Navy's new Smart War-fighter
Array of Re-configurable Modules (SWARM) low cost unmanned aerial vehicle.
REGI U.S., Inc. is currently in negotiations with Advanced Ceramics
Research to license the Ceramic Rand Cam(TM) Engine for commercial and U.S.
Navy applications for this type of engine. REGI U.S., Inc. will receive 30%
of the Phase I budget and 50% of the Phase II budget when awarded. The
contract should start before the end of the calendar year. The total Phase I
and Phase II budgets is expected to be $850,000.
Advanced Ceramics Research ("ACR") has already made a $3 million dollar
investment for a new state-of-the-art production facility for producing
composite products. In addition, ACR is fully staffed with engineering and
production personnel as it already has profitable ongoing commercial
production. In addition, ACR has about 5,000 feet of open space of which will
be available for production the first several hundred Rand Cam(TM) engines in
Phase III while new production facilities are being set up on a Native
American reservation. ACR is a small award winning high-tech advanced
materials company founded in 1989. ACR's customer base includes IBM,
Lockheed, Raytheon, ATK, Aerojet, Kyocera, Smith Bits, Phelps Dodge, Northrop
Grumman, Seagate, Boeing, Ferrari, Honda, and the Federal Government. More
information can be found at http://www.acrtucson.com.
Reg Technologies, Inc. jointly owns the worldwide rights to the Rand
Cam(TM) rotary technology with its U.S. subsidiary REGI U.S., Inc. and is
currently incorporating its latest winged rotor technology to dramatically
improve sealing and reduce friction in the diesel Rand Cam(TM) engine. The
Company has designed and built an air pump for fuel cell applications as well
as an air pump for the lumbar seats in automobiles and has filed for a patent
for a Hydrogen Separator Technology. The Company has also built a compressor
for air conditioning units for buses.
The Company's goal is to license the technology and/or to participate in
joint ventures to manufacture specific Rand Cam(TM) applications and the
Hydrogen Separator Technology.
http://www.prnewswire.com - December 6, 2001