Cyclone Power Technologies Inc., developer of the all-fuel clean-tech Cyclone Engine, announced that Falck Schmidt Defense Systems (FSDS) of Denmark has signed an exclusive Engineering Development Agreement with Cyclone Power Technologies. This agreement provides for the development over the next 6 months, of a militarized 10 Kw auxiliary power unit (APU) for worldwide military applications.…
Advanced Alloy Companies Announce Joint Development Agreement on Scandium Applications Project
NioCorp Developments Ltd. and IBC Advanced Alloys Corp. announce that they have entered into a joint development agreement to investigate and develop applications for scandium-containing alloys for multiple downstream markets. Scandium is a transition metal (element #21) that can provide many powerful benefits to industries such as commercial aviation, automotive, precision manufacturing, defense, electronics, and…