REGI U.S. is in the business of designing, developing, and manufacturing axial vane type rotary engines (RC/DC or Radmax™ engines) for commercial and civilian applications. Jointly with parent company Reg Technologies, Inc, REGI U.S., Inc. owns the marketing and intellectual rights to the Radmax™ rotary technology.
REGI Developing Revolutionary New Diesel Engine to Power Next Generation Military and Civilian Applications
REGI U.S., Inc. is in development of a revolutionary new 42 H.P. engine for unmanned military and civilian applications. The engine is a four-stroke Radmax™ diesel engine utilizing continuous injection and combustion in a single combustion chamber. The Company has also designed and built an air pump for fuel cell applications as well as an air pump for the lumbar seats in automobiles. Additionally, REGI has built a compressor for air conditioning units for buses. The Company's goal is to license its Radmax™ technology and/or participate in joint ventures to manufacture specific Radmax™ applications.
Radmax™ Represents Revolutionary Engine Technology
The Radmax™/Direct Charge engine represents a dramatic departure from existing engine design that has not changed appreciably since the invention of the first piston engine by Karl Otto in 1876. Simplicity, power, and efficiency are key design priorities in the development of the RC/DC engine, a truly revolutionary form of rotary power. Pound for pound, it is more powerful and fuel-efficient than current reciprocating engines and yet it will be less expensive to assemble and maintain. Moreover, the engine can run on multiple fuels such as diesel and natural gas, as well as propane and hydrogen to reduce emissions and consumption of fossil fuels.
Research and development programs since 1987 have developed a number of Radmax™ engine designs to address many large markets including transportation, power generation, agricultural, landscaping equipment, marine, construction, power tools, pumps, and compressors (both heat and air conditioning). Additionally, Radmax™ engines for unmanned autonomous vehicles in military and civilian commercial applications represent an enormous market opportunity and the focus of the Company's current R&D and business development efforts.
Industry Recognition of Radmax™ for New Generation of Aircraft
Powered by the Radmax™ engine, the Ikelos aircraft was selected second in the category of Technology Innovation by NASA's Langley Research Center of Hampton, Virginia. NASA and the FAA are currently developing the Small Aircraft Transportation System (SATS) that could revolutionize air travel. The concept is to employ a new generation of small inexpensive jets to provide a low-cost air taxi service among America's 5,000 rural and suburban airports (see story in Popular Science magazine, October 2002).
U.S. Diesel Engine Market is Approximately $20 Billion
The market for Radmax™ technology is enormous, valued in the U.S. alone at greater than $20 billion. Reg is now ready to capitalize on 16 years of exceptional development as it transitions from R&D to commercialization. License agreements have the potential to generate significant revenue over the next few years. Military contracts alone could be worth many millions of dollars. REGI will continue to present the Radmax™ technology to interested companies such as the big three automakers, Cummins Engine Company, Caterpillar, and compressor manufacturers with the objective of securing licensing agreements and contracts.
Summary of Recent Significant Events
- Reg Tech rotary engine specialist and consultant complete several successful, continuous combustion tests using gasoline fuel. (April 2005)
- LICENSE RIGHTS FOR WORLD WIDE PATENTS FOR THE Radmax™ TECHNOLOGY COMPLETED (November 2004)
- Canadian patent issued for the Radmax™ Rotary Engine issued. The term of the patent is twenty years from the date of the filing on December 11, 1992. (October 2004)
- Testing has commences for the Radmax™ generator application for hybrid electric cars, portable generator application, and for back up power for family homes (September 2004)
- REGI U.S., Inc. completes an amended Radmax™ UAV engine license agreement with Radian, Inc. (May 2004)
- REGI licencee for unmanned vehicle system engines completes testing of the prototype 42 H.P. engine. (February 2004)
- Stodd International Appointed to Raise Up to $6 Million (May 2003)
- Fabrication Commences on 42 HP Diesel Engine (November 2002)
- NASA Selects Radmax™ Powered Ikelos Air-Taxi Jet Second for Technology Innovation (October 2002)
- License Agreement Signed with Radian Inc. for Manufacture of Radmax™ Diesel Engines for Unmanned Autonomous Vehicles (May 2002)
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