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Cyclone Power Technologies (Pink Sheets:CYPW) received the “Algaepreneur 2009 Award” at the National Algae Association Conference, held last week in Houston, TX.
The Algaepreneur Award honors companies and individuals who make important contributions to the development and commercialization of algae-based fuels. It is usually bestowed on algae fuel producers and marketers; however, Cyclone is the first honoree of the award outside these fields. The National Algae Association (NAA) is the leading trade organization for algae researchers, producers and financiers.
Cyclone received the NAA award for its heat regenerative, Rankine cycle engine, an efficient and earth-friendly modern steam engine capable of running on virtually any fuel, including today’s most promising biofuels. In tests performed by the company earlier this year, the Cyclone engine’s fuel atomizers and combustion chamber successfully burned several different variations and grades of the same strain of algae fuel without engine modification and, equally important, without expensive processing of the fuel. It is this adaptability in utilizing algae fuels, as well as other renewable and traditional fossil fuels, to power generators, automobiles and virtually any other engine application in the near future which marks a major milestone for the industry.
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