Advanced Engine Technologies, Inc. (AENG)
Advanced Engine Technologies, Inc. operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Los Angeles, CA, US. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $3,367. Its beta of -3.77 implies it has historically moved less than the broad market.
Advanced Engine Technologies, Inc. (AENG) is a development-stage enterprise focused on the advancement and commercialization of its unique OX2 internal combustion engine. This innovative four-stroke engine is notable for its versatility, operating efficiently on a wide array of fossil fuels such as gasoline, diesel, natural gas, liquid propane, and methane. AENG currently provides three prototype models of the OX2 engine, along with ancillary components essential for ongoing development efforts. The company possesses an exclusive sublicense, which grants it the sole authority to produce, distribute, and market the OX2 engine throughout the United States, Canada, and Mexico. Moving forward, Advanced Engine Technologies intends to manufacture the OX2 engine for various applications, including commercial stationary generators, as well as in the marine, aviation, and automotive industries. Founded in 1996, the firm maintains its headquarters in Los Angeles, California.
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