Business
RadMax Prototype Gas Expander Achieves Major Milestone July 02, 2018
RadMax Prototype Gas Expander Achieves Major Milestone July 02, 2018.
About this update from Regi U.s., Inc.
[{"type":"text","content":"\nSpokane, Washington, July 02, 2018 (GLOBE NEWSWIRE) -- REGI U.S., Inc. (“REGI” or “RGUS” or \"the Company\") RGUS (OTCMKTS) The Board of Directors, Regi U.S., Inc. and its wholly owned subsidiary, RadMax Technologies, Inc., are pleased to announce the achievement of a major milestone in the development of the RadMax sliding axial vane gas expander.\n Continued development and testing of the gas expander prototypes have demonstrated overall efficiencies greater than 70 percent, a significant technical milestone. Future development and testing is expected to further increase efficiencies, into the mid-80 percent range by utilizing more advanced bearings, coatings, and other friction reducing technologies. Testing has also shown that the device’s power curve as similar to other positive displacement engines, and is characterized by a broad peak with high torque. Having reached this baseline milestone, product development is now shifting to designing proof-of-concept expanders for custom applications. Targeted applications for the RadMax TPX (expander) and TPXG (expander/generator) include, replacement of existing “non-power generating” expansion and pressure regulation valves in air conditioning, refrigeration and natural gas distribution systems. Use of the RadMax TPXG in these applications captures this lost energy, and generates electricity that can be used to power parasitic devices or be sold back into the power grid. RadMax Technologies is currently communicating with government agencies and industry leading companies in each of these large markets, to identify opportunities to reduce the environmental footprint of their existing products, and encourage the use of the RadMax technology in future products. If RadMax technology devices were fully implemented in all relevant air conditioning and refrigeration applications, 50 – 150 billion kWh of electricity worth $5 - $15 billion and up to 150 million metric tons of CO2 fossil fuel related emissions could be saved annually in the U.S. We encourage all investors and interested parties to follow our progress routinely posted on our website radmaxtech.com. ON BEHALF OF THE BOARD OF DIRECTORS Regi U.S., Inc. Michael S. Urso, CEO ABOUT REGI U.S., INC RadMax Technologies, Inc., the wholly owned subsidiary of REGI U.S., Inc., is a...