Latest news for Axial Vector Energy Corporation AVEC

AVEC engine runs on palm oil

(13/08/2009)

Axial Vector Energy Corporation (AVEC) has announced a successful performance demonstration of its engine running on palm oil, a non-fossil fuel. The demonstration was a required milestone in the recently announced licensing agreement with Premier Group, and should lead to further milestone payments from Premier Group to Axial Vector Energy per its agreement. The demonstration was significant in that it proved a greater capability for palm oil... [more]

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