Chinese Express Interest in Developing Turbine Truck Technology
DELAND, FL – Turbine Truck Engines, Inc. (TTE) has received a Memorandum of Understanding (MOU) from Aerospace Machinery and Electric Equipment Co., Ltd. (AMEC).
DELAND, FL – Turbine Truck Engines, Inc. (TTE) has received a Memorandum of Understanding (MOU) from Aerospace Machinery and Electric Equipment Co., Ltd. (AMEC). The MOU, received on Oct. 10, followed talks that were held in Beijing last month concerning TTE technology, specifically the company’s proprietary Detonation Cycle Gas Turbine Engine.
The memorandum details that both entities contribute to the creation of a Strategic Alliance Agreement, according to www.businesswire.com.
“Our technology offers huge advantages in the areas of fuel consumption and environmental impact. The Chinese immediately grasped the potential opportunities for our flagship product. The executive branch of AMEC wishes to explore these advantages and we are very excited at the prospect of advancing our technology to another level,” said Michael Rouse, CEO of Turbine Truck Engines, Inc. “AMEC has the capital resources, experience, and engineering expertise required to rapidly advance our technology to satisfy real-world applications.”
For more information, visit www.TTEngines.com.
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