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Cyclone Signs Deal with Great Wall Alternative Power Systems

One major deal for the future of Cyclone's heat-regenerative external combustion engine was signed yesterday by the American manufacturer with Chinese Great Wall Alternative Power Systems for the production of the engine in China.

"Developing our technology for the Chinese market is absolutely necessary for the long term growth and viability of our company," Frankie Fruge Cyclone COO said in a release.

"However, it is also a frightening proposition unless we have partners we can trust to establish strong protections for our intellectual property. With the talented principals of Great Wall, we believe we have found this dependable, knowledgeable and highly professional group."

The letter of intent signed between the two call for the Chinese party to invest capital, assets and know-how to create a development program for the marketing of the engine in China within the next two years.

The first engine to be produced and marketed in China is Cyclone's Mark V engine, developing 95 hp and aimed at electric power production. The sum of money to be paid by Great Wall for the rights on the engine has not been disclosed.

"In the middle of a massive multi-decade power rollout, there is intense interest in increasing the efficiency and flexibility of China's energy systems," Robert Devine, Great Wall managing director added.

"We believe that Cyclone's groundbreaking engine technologies will have widespread application in China and a real opportunity for market breakthrough. GWAPS is very pleased to be working together with the Cyclone team on this opportunity."
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About the author: Daniel Patrascu
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Daniel loves writing (or so he claims), and he uses this skill to offer readers a "behind the scenes" look at the automotive industry. He also enjoys talking about space exploration and robots, because in his view the only way forward for humanity is away from this planet, in metal bodies.
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