(OTC: AFTC) Enters Phase 2 of SBIR Contract for US Army
11 December 2009 - 11:30PM
Marketwired
Alternative Fuel Technologies Inc. (PINKSHEETS: AFTC) announced
yesterday that they will be negotiating a Phase 2 SBIR Contract
with the US Army.
All US Army SBIR Contract submissions must have a final "vision"
for the project. Alternative Fuel Technologies is applying its
technology of common rail fuel systems to diesel rail fuel systems
running Army standard JP-8 jet fuel. Alternative Fuel Technologies
is hoping to solve the "wear" problem on commercial diesel fuel
rails.
Several big players in the global car and truck market, like
Volvo, are rekindling an interest in dimethyl ether (DME) as an
alternative fuel, which is Alternative Fuel Technologies' focus.
This is largely because it's relatively cheap, requires very low
injection pressures, and produces little pollution from
combustion.
DME is an ideal diesel fuel [replacement] because it has very
high oxygen content -- 35% by weight -- and no carbon-carbon bonds.
What that means is that it cannot produce soot particulates or
black smoke.
Other active stocks are Clean Energy Fuels Corp (NASDAQ: CLNE)
Inergy Holdings (NASDAQ: NRGY) and Vega Promotional Systems
(PINKSHEETS: VGPR)
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