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Cyclone Power Technologies (CYPW) Inks MOU With McGill University To Advance External Combustion Technology

|Includes: Cyclone Power Technologies, Inc. (CYPW)

Cyclone Power Technologies, a developer of the all-fuel, clean-tech Cyclone Engine, has signed a Memorandum of Understanding (NASDAQ:MOU) with McGill University of Quebec, Canada, to develop alternative solid fuel combustion systems for micro-sized power units.

Cyclone has identified a key market for its external combustion technology in the application of providing universal portable power for next generation battery charging as well as mechanical shaft power for autonomous robots, exoskeletons, and bio-medical systems.

Per the agreement, Cyclone will utilize McGill's research in the controlled combustion of energy dense solid fuels to achieve system size constraints for portable power and robotics which require high power density thermal sources and combustion systems. Cyclone calls McGill's research "one of the most advanced programs in the discipline … and can possibly lead to massive technological leaps in generating heat to run micro-scale external combustion engines."

"This early-staged project is part of a larger plan to expand Cyclone's base technology beyond our current programs and into additional cutting edge markets for the future - integrating ourselves with Lithium Ion batteries, fuels cells and advanced robotics," Christopher Nelson, president of Cyclone, stated in the press release. "These growth sectors range from enhancing human capabilities, to human-robotic interaction in medical devices, to even space exploration. It is a logical maturing of Cyclone's founding mission of innovation to pursue these forward looking opportunities, especially with leading research institutions like McGill."

The MOU stems from a previous relationship between Cyclone and McGill, in which they collaborated on a project submission to the Department of Energy's ARPAe program.

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