News leak in updates ?23 May 2024 15:09
Recent company report states -
Chairman's Statement:
In the period under review, our engineering team have concluded stage three out of four on the electronic updates on the Waste Heat Recovery (WHR) system. The team are aiming to complete stage four over the next few weeks. They will then continue to carry out longevity testing of the WHR system. The company is still on track to complete this task on the projected timeline between mid to end of the 2nd quarter of 2024 as per our previous announcement. On completion of the WHR system, the unit is targeted to achieve its intended peak performance of 131kW.
The team have also between from late December 2023 and March 2024 started the process of relocating back to the United Kingdom and will seek appropriate premises to enable completion of the final stages of development and provide a base to exhibit the technology to prospective broad range of clients.
Also as previously announced, discussions are still currently ongoing with both a major automotive group and with an alternative combustion manufacturer to potentially partner on exciting future developments relating to the Charger.
Updates are due according to the RNS ! Is there a news leak ?
I am new here ; any views ?