Lebed.biz Alert – AFTC recently supplied prototype to Ford!
Alternative Fuel Technologies (AFTC), currently trading for only $0.0084, recently completed an agreement to supply a prototype fuel system to Ford of Europe in Aachen, Germany, for research purposes!
AFTC has developed practical, low-cost fuel injection equipment for dimethyl ether (DME) fueled vehicles and currently provides complete DME fuel systems for testing and research purposes, in addition to retrofit systems that can be used with most diesel engines. AFTC‘s ultimate goal is series production of DME fuel systems for the global automotive market by 2011.
Volvo Truck Corp. has a truck running in Sweden with AFTC‘s technology as well as a number of engines that are being tested in their laboratory!
Read this article from The Auto Channel! It just came out this week: http://www.theautochannel.com/news/2010/01/13/461589.html
It talks about how black liquor (a waste product from paper production) can be transformed into DME and how Volvo has tested DME and named it ‘the preferred fuel’ among the green fuels available! AFTC is one of the companies whose technology is being used by Volvo in this project!
AFTC is also working with the U.S. Army! AFTC has been competitively selected for negotiation and possible award by the U.S. Army for a Phase 2 SBIR project valued at $712,000. The Phase 2 project is an extension of a successful Phase 1 project where AFTC identified a wear problem on a commercial diesel common rail fuel injection system running on JP-8 jet fuel.
AFTC is even a China play! AFTC announced last month that it has received an order from Shanghai Diesel Engine Company, a leading manufacturer of diesel engines in the People’s Republic of China, for twelve DME fuel feed pumps. Shanghai Diesel indicated the majority of the pumps will be used on DME-fueled buses operating in Shanghai, the nation’s largest center of finance, commerce and transportation.
Plus, AFTC recently received an order from the Korea Institute of Energy Research (KIER) for two DME fuel injection pumps. KIER will use AFTC‘s pumps to develop a DME fueled engine in their laboratory. When successful, a similar engine will be converted to DME and installed in a Hyundai e-Mighty truck for "real world" road testing.
AFTC‘s web site is located at: http://www.altfueltechnology.com/
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My firm Lebed Biz LLC has been compensated by a third-party (Allan Salem) $20,000 cash for a one-month AFTC investor relations contract. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm
Jonathan Lebed
Lebed.biz
Staff
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