|
Overall Strategy
Corporate Objectives and Strategies/Prospects
Revetec seeks to be recognised as
providing the world’s leading combustion engine through
providing greater efficiency, torque and cost savings to
other combustion engines.
Revetec is an engine design company.
Its dominant strategy is to license engine
producers/users to use Revetec’s Technology to:
Snapshot of Revetec's Progress
Advantages of CCE design over equivalent conventional
combustion engine:
Patents
Revetec holds patents or has made patent applications
for the CCE design in 21 countries, including the United
States of America, Europe, Australia, China, the United
Kingdom and Japan.
A further international patent (PCT) has been lodged on
the “X4” design an is pending.
Commercial Arrangements
Revetec is in varying stages of discussion with a number
of parties for use of Revetec’s Technology. Revetec has
entered into the following commercial agreements:
-
License Agreement with The Hudson
Group Pty Limited that grants an exclusive right to
use Revetec’s Technology to manufacture engines for
use in motorised trikes.
-
Appointment of Pushkaraj
Enterprises as exclusive representative of Revetec
in India;
-
An agreement with Mahindra &
Mahindra to evaluate the Revetec engine for power
generation, tractor and automotive applications.
-
Memorandum of Understanding with
Orbital Corporation to collaborate in the design,
development and testing of an engine suitable for
JP8 fuel for use by the light aircraft industry and
military applications;
-
Memorandum of Understanding with
Seatransport Corporation who is a leading designer
and manufacturer of large commercial vessels and
pleasure craft. The relationship is for Seatransport
to consult on the type of engine required for the
vessels. The agreement also facilitates a Revetec
engine to be trialed in one of Seatransport’s
commercial vessels.
|