Oxyntix
Parkwalk closes follow-on investment in Oxyntix.
Oxyntix is developing and commercialising new technologies in energy and process engineering.
The technology has numerous applications, notably in nuclear fusion power generation and in sonochemistry, among others, by developing a new method of achieving extreme intensity bubble collapse.
State-of-the-art experimental and computational facilities allow Oxyntix to generate and test innovative ideas and to transform them into practically applicable processes.
YASA
YASA shortlisted for this year’s SMMT Award for Automotive Innovation
Xeros
Xeros has won UK Sector Product of the Year and Xeros Chief executive Bill Westwater has been named as UK CEO of the Year in the highly competitive Cleantech category in the Business Excellence Awards 2013.
The Acquisition International Business Excellence Awards identify and honour the most respected companies and their C-level executives, while recognising and rewarding outstanding success, innovation and ethics across international business communities.
The awards are given solely on merit and are awarded to commend those most deserving for outstanding work over the last 12 months. The awards recognise leaders in their respective fields and, crucially, are nominated by their clients and their peers.
Bill Westwater, CEO of Xeros, said “We have a big but simple idea: to convert the traditional world of aqueous washing to Xeros bead cleaning. Our superior cleaning method delivers a whole variety of benefits to people, businesses and the environment.
“The award is a terrific accolade for the team. The last twelve months in particular, have been among the most exciting and challenging for Xeros. Not only did we succeed in raising significant investment to take the business to the next stage, but we also achieved our objective of validating our technology in the States with installations in key segments of the market. We are now well placed to accelerate our journey towards changing the way the world cleans its clothes, forever.”
Xeros
Xeros wins Clean-Tech UK sector product of the year and Xeros Chief executive Bill Westwater has been named as UK CEO of the Year in the highly competitive Cleantech category in the Business Excellence Awards 2013.
The Acquisition International Business Excellence Awards identify and honour the most respected companies and their C-level executives, while recognising and rewarding outstanding success, innovation and ethics across international business communities.
The awards are given solely on merit and are awarded to commend those most deserving for outstanding work over the last 12 months. The awards recognise leaders in their respective fields and, crucially, are nominated by their clients and their peers.
Bill Westwater, CEO of Xeros, said “We have a big but simple idea: to convert the traditional world of aqueous washing to Xeros bead cleaning. Our superior cleaning method delivers a whole variety of benefits to people, businesses and the environment.
“The award is a terrific accolade for the team. The last twelve months in particular, have been among the most exciting and challenging for Xeros. Not only did we succeed in raising significant investment to take the business to the next stage, but we also achieved our objective of validating our technology in the States with installations in key segments of the market. We are now well placed to accelerate our journey towards changing the way the world cleans its clothes, forever.”
Clean Air Power
Parkwalk closes Clean Air Power Syndicate investment.
Clean Air Power has pioneered the move towards using natural gas to power vehicles by developing Dual-Fuel™ technologies that guarantee diesel engine performance, with significant cost savings and low carbon emissions.
Minimal changes are required to the existing diesel engine and by burning up to 90% natural gas, customers benefit from a combination of low emissions and high efficiency.
Clean Air Power
Positive trading update
Clean Air Power (AIM:CAP), the developer and global leader in Dual-Fuel engine management software for heavy duty vehicles, is pleased to provide an update on trading for the six month period ending 30 June 2013. Revenues for the period were £4.1m (2012: £3.9m which included a £0.8m one-off revenue item from Navistar).
In the first half 172 system sales have been delivered (2012: 116) and in the year to date more than 180 additional customer orders have been placed with either Clean Air Power or our European OEM partner for Dual Fuel systems bringing the total to more than 350. This compares to 300 system sales during the entire year ended 31 December 2012.
Clean Air Power has continued to make significant progress during the year developing a Dual-Fuel product suitable for the important US market and exhibited its first prototype vehicle retrofitted with a US version of its Genesis-EDGE product at the Alternative Clean Transportation EXPO, Washington DC., 24-27 June 2013. The vehicle was well received by attendees at the EXPO with more than 150 visitors to the stand. Clean Air Power anticipates that the first trial vehicles will be on the road and undergoing validation by the end of 2013, with production commencing in early 2014.
Clean Air Power’s plans to develop the Russian market are also progressing well with a number of opportunities to access the market being actively pursued. The Russian Government is encouraging major gas supply companies to implement clear strategies to develop natural gas as a road fuel. As a result gas companies have begun investing heavily in gas refuelling infrastructure and this is expected to lead to an increase in demand for natural gas vehicles in the future.
The Group has also continued to develop and improve its European Dual-Fuel products and earlier in the year announced the start of a 2-year funded research project with Brunel University to develop the next generation of advanced Dual-Fuel combustion systems funded by the UK Government’s Technology Strategy Board.
John Pettitt, Chief Executive of Clean Air Power said:
“I am pleased that Clean Air Power has already received system sales orders in 2013 exceeding that for the full year in 2012. Despite production constraints of Dual-Fuel vehicles by our European OEM partner we have seen an encouraging pick-up in momentum at the start of the second half of the year. In the US, the exhibition of our first prototype Dual-Fuel vehicle was an important milestone in our development of a US Genesis-EDGE product, which has the potential to generate significant revenue for the Group and further validate our technology to potential new OEM partners in the US, Europe and Japan. The trend towards the adoption of natural gas vehicles around the world continues, driven by cost savings, reductions in emissions and increasing investment in new refuelling stations by major gas supply companies. Our plans to develop markets in Europe, US and Russia means Clean Air Power is well positioned to benefit from this worldwide trend.”
For further information, please contact:
Clean Air Power
John Pettitt, Chief Executive Peter Rowse, Finance Director
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Tel: +44 (0)1772 624 499 |
Citigate Dewe Rogerson
Malcolm Robertson Chris Gardner
Cantor Fitzgerald Europe David Foreman / Mark Percy (Corporate Finance) David Banks (Corporate Broking)
Peat & Co Charlie Peat Andy Cuthill
|
Tel: +44 (0)20 7282 2867
Tel: +44 (0)20 7894 7000
Tel: +44 (0)20 7894 7632
Tel: +44 (0)20 3540 1721
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Clean Air Power
Coast-to-coast crossing of the US
Clean Air Power (AIM:CAP), the developer and global leader in Dual-Fuel engine management software for heavy duty vehicles, is pleased to announce that it has exhibited its first prototype vehicle retrofitted with a Genesis-EDGE Dual-Fuel™ product suitable for the important US market at the Alternative Clean Transportation EXPO, Washington DC., 24-27 June 2013.
The prototype vehicle, a 425hp Volvo VNL retrofitted with a US version of Clean Air Power’s patented Dual-Fuel™ Genesis-EDGE product, successfully made the 2,720 mile journey across the US from the Group’s manufacturing facility in Poway, California to the Convention Center in Washington DC. The truck, which runs primarily on liquid natural gas (“LNG”), started with a full tank of LNG in San Diego and refuelled at a LNG filling station in Dallas during what was the first coast-to-coast crossing of the US by a LNG/Dual-Fuel™ vehicle. 1,000 miles were covered in Dual-Fuel operation with the balance in diesel; demonstrating the system’s flexibility and the benefit Dual-Fuel provides for fleet operators when gaps in LNG supply are encountered. The natural gas refuelling network currently spanning the US is incomplete but is expanding rapidly as investment in new refuelling stations by major gas supply companies increases.
The exhibition was very successful with more than 150 visitors to the stand, which featured video of the truck’s journey to Washington DC. The production of the first prototype US Dual-Fuel™ vehicle is an important milestone for Clean Air Power and demonstrates that its program to develop a US Genesis-EDGE product certified to US2010 emissions levels is on track and at an advanced stage. The launch of a US Genesis-EDGE product will enable the Group to meet the rapidly growing demand for natural gas vehicles in the US. The Group has already received interest from a number of major fleet customers and anticipates that the first trial vehicles will be on the road and undergoing validation by the end of 2013, with production commencing in early 2014.
In addition to the Genesis-EDGE product, considerable interest was also shown in Clean Air Power’s legacy Caterpillar C15 system. This system can be fitted to either existing trucks or new trucks using a Glider kit (a complete truck less the engine, transmission and rear axle) and fitted with a re-manufactured C15 Dual-Fuel™ engine and transmission from the same period. The Caterpillar C15 heavy duty diesel engine has a substantial installed base and continues to be a popular choice for an important niche of US fleet operators.
John Pettitt, Chief Executive of Clean Air Power said:
“The production of a Genesis-EDGE retrofit product for the US market is a key strategic goal for Clean Air Power that has the potential to generate significant revenue and further validate the technology to potential OEM partners. I am delighted that we have been able to exhibit at EXPO our first prototype Dual-Fuel™ vehicle which moves us an important step closer to delivering on this objective. The US represents a large and growing opportunity for Clean Air Power as the abundance of domestically produced natural gas and increasing investment in new refuelling stations by major gas supply companies drives ever greater customer demand for LNG vehicles. Our development programme for a US Genesis-EDGE product has reached an advanced stage and I am now confident that we are on track to deliver a product capable of servicing this demand.”
For further information, please contact:
Clean Air PowerJohn Pettitt, Chief Executive
Peter Rowse, Finance Director
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Tel: +44 (0)1772 624 499 |
Citigate Dewe RogersonMalcolm Robertson
Chris Gardner
Cantor Fitzgerald Europe David Foreman / Mark Percy (Corporate Finance) David Banks / Paul Jewell (Corporate Broking)
Peat & Co Charlie Peat Andy Cuthill
|
Tel: +44 (0)20 7282 2867
Tel: +44 (0)20 7894 7000
Tel: +44 (0)20 7894 7632
Tel: +44 (0)20 7104 2334
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OxfordPV
Reveals breakthrough in efficiency of new class of solar cell
A significant step forward in the scale-up and commercialisation of Oxford Photovoltaics (Oxford PV) new photovoltaic technology has been achieved by establishing a new high of 15.4% efficiency for its perovskite solar cells.
Arvia
The next step for radioactive organic waste treatment at Sellafield
A collaborative Arvia™ and National Nuclear Laboratory project to treat oils and solvents contaminated with high levels of alpha radiation is funded by the government-backed Technology Strategy Board.
Arvia and the UK’s National Nuclear Laboratory (NNL) have been granted funding to deliver a collaborative project by the Technology Strategy Board, the UK’s innovation agency, in an initiative that is supported by the Nuclear Decommissioning Authority. The project aim is to use Arvia’s proven technology to destroy oils and solvents which are contaminated with high levels of alpha radiation, currently located at the Sellafield site……
Xeros
Joins forces with BASF to develop next generation bead cleaning technology
Future of commercial laundry to be showcased at The Clean Show 2013 in New Orleans
Manchester, New Hampshire (May 13, 2013) – Xeros Ltd., the UK-based innovator of an ultra low water cleaning system, announced today that it has partnered with the chemical company BASF to jointly develop polymer beads based on engineering plastics that will increase the cleaning power in laundry applications. This long-term agreement reflects the mutual commitment of the two companies to maximize the commercialisation of the Xeros cleaning system and protect the environment by conserving water and energy.
“This is an exciting time for Xeros,” said Bill Westwater, Chief Executive Officer of Xeros Ltd. “Our growth strategy is on target, building on the momentum of our international expansion into the United States via our subsidiary Xeros Inc.. This long-term partnership with BASF solidifies the future of our revolutionary cleaning system, bringing us together with one of the world’s most powerful companies in terms of chemical engineering, product performance and social responsibility.”
With installations underway in three distinct segments of the commercial laundry industry, Xeros will formally launch its new system to the worldwide commercial laundry market at the June 2013 Clean Show in New Orleans. Xeros will showcase its innovative bead-cleaning technology and highlight the future of the commercial and residential laundry industry at the event, which will be held June 20-22 at the New Orleans Morial Convention Center. Here, guests will have an opportunity to see the Xeros technology in action and meet the creative minds behind it.
The Xeros cleaning system comprises a special washing machine designed to release the beads into the drum for cleaning, and which then removes the beads from the clothes once the cleaning is complete. With at least 70% less water, up to 50% less energy and approximately 50% less detergent, the Xeros system delivers superior cleaning results compared to conventional washing. The beads have a lifespan of hundreds of washes before being collected and recycled.
“On the one side, as globally active chemical company we can support Xeros through our global network and the worldwide availability of our materials. On the other side we can make use of our strong research and development base which can provide tailormade plastics with specific combinations of properties,” explains Matthias Dietrich from BASF’s business unit Engineering Plastics Europe.
Through the use of polymer bead technology, the Xeros cleaning process has shown to be more effective than traditional “soap and water” methods. By combining the beads’ molecular structure with a proprietary detergent solution, the result is a superior cleaning medium that beats even water. The dirt from soiled items is attracted and absorbed by the beads, producing cleaner results than aqueous washing methods.
The Xeros system first entered the U.S. market at Manchester, NH’s Sterling Linen Services, a high-quality linen processing and rental service for area hotels, hospitals and restaurants. Xeros quickly followed by installing its next machine at the Hyatt Regency Reston in Reston, VA, which began using Xeros’ proprietary bead cleaning solution for its guestrooms and restaurants. Then, in February 2013, the company extended its reach into the North American dry cleaning channel with the installment of a third unit at Crest Cleaners in Clifton, Virginia.
Clean Air Power
Announces significant US Grant Funding
Clean Air Power (AIM: CAP), the developer and global leader in dual-fuel engine management software for heavy duty vehicles, is pleased to announce it has executed an agreement to receive a grant to support its development of a Genesis EDGE Dual-Fuel™ product for the important US market (the “Program”). The commencement of this Program was originally announced on 29 August 2012 and will deliver a US Genesis product certified to US2010 emissions levels and enable the Company to access the growing demand in the US for natural gas vehicles…..
OxfordPV
Nature – Mesoporous TiO2 single crystals delivering enhanced mobility and performance