| Website | dynegen.com |
| Category | CleanTech |
| Phone | 214-592-0286 |
| John.Bickel@DyneG... | |
| Employees | 7 |
| Founded | 1/10 |
| Description | The Engines of the Future |
DyneGen is a “Green†Technology company seeking “A†Round financing for the manufacture and distribution of a multi-fuel engine to be used in the industrial, agricultural, and commercial markets.
DyneGen brings together new, market-disruptive technologies and capabilities to design and manufacture large-displacement (> 7.5 liter/400 kw [bored and stroked to 9.4 liters for most applications]) multi-fuel engines that will make significant improvements in energy utilization (mpg), reliability, and reduction in CO2 emissions. Energy utilization improvements are initially expected to be on the order of 15-20% and eventually achieve as much as 40-50%. Reducing engine component count through the use of new technologies will increase reliability and improve DyneGen engines by 25% initially and up to 50% ultimately. The reduction in CO2 emissions is estimated to be in the order of 25% to 100%. Getting to 100% CO2 reduction will be achieved through burning the world’s second most common chemical, NH3, and through new fuels development.
The anticipated product releases utilize the 460 cubic inch displacement (CID) block with over 40,000,000 hours (24x7x52) of runtime in the field. The control systems, valves, injectors and tanks covering the first two product releases are also proven technologies. The technical risk inherent in this plan is only the integration of these proven technologies and the market risk is very low.
The Opportunity There has been, over the last few decades, significant effort in developing internal combustion and turbine engines that will burn anhydrous ammonia. The interest springs from two strategic issues: the dwindling availability of fossil fuels and the price volatility of those fuels. More recently, the development of those engines has been undertaken by major industrial firms such as Case, Caterpillar, John Deere, Cummins, etc. At the same time, significant research has gone into new methods of improving anhydrous ammonia production.
In the case of availability of fossil fuels, oil, in particular, whether or not one subscribes to the peak oil theory that has oil production peaking this decade, the threat of sharp reductions in the supply of oil from global or regional conflict is real. All indications are that the demand (and therefore the price) of oil will resume its long term climb.
Anhydrous ammonia holds significant potential as a fuel and therefore is well suited as an alternative solution to fossil-based fuels.
The assumptions for the DyneGen business plan are:
The advantages of anhydrous ammonia are:
The DyneGen Strategy:
To profitably grow the business organically, using the following plan:
Development:
The focus over the next 12 months is to complete the design and production of a prototype engine. The engine currently under development is a standard 460 cubic inch engine block being modified to use new technology injectors, controls, and a bi-fuel delivery system to allow it to burn natural gas first and then anhydrous ammonia. This engine will demonstrate the technical feasibility of using new technologies that will improve engine efficiency and reduce emissions.
Product commercialization:
The innovations of this engine include the removal and substitution of most of the valve operating mechanics, basically eliminating the components which are leading causes of engine failure. Our American-made ‘flagship’ base engine has been specifically tailored for constant industrial use with changes and enhancements to increase the cooling, oiling, longevity and overall reliability - it is the backbone for our offering. Over 200,000,000 cumulative hours of runtime in the field operating on natural gas - and the control systems, valves, injectors and tanks are proven technologies from over 180,000 units in operation worldwide.
Deployment:
Our initial product release will utilize the time-tested 460 cubic inch displacement (CID) block, bored and stroked to 9.4 liters (573 in3) and operating on natural gas. It will also have the capability to be switched to run on anhydrous ammonia. Domestic natural gas is abundant and a desired alternative to foreign oil and ammonia is commonly used throughout the agricultural/farming industry. Initially, we envision the engines to be deployed as irrigation pump and auxiliary generator drivers. Later plans include engines for over-the-road transportation vehicles.
Management:
While the organizational strategy is to run very lean, critical skills will be added, including additional engineering. The DyneGen senior management team bring together deep experience in engine design and manufacturing, product development, large scale manufacturing and sales and marketing. We average over 20 years of industrial experience.
Investment Highlights:
Industry leader… DyneGen’s engine and engine management system is clearly ahead of the competition – currently estimated at roughly one to two years. The engine is significantly more efficient than conventional ICE’s. All evaluations of the technology, thus far, show development and cost leadership.
Speed to market… DyneGen has a significant lead built in versus the conventional technologies. However, we recognize that there is a compelling need to accelerate the deployment to gain market advantage. To that end, we are working on accelerating the development and commercialization of the units and will have resources specifically allocated for that purpose. DyneGen’s management team is focused on a rapid deployment ‘footprint’ through the development of already established, national, dealer networks.
High growth opportunity… The timing of the product and technology could not be better. The new Administration has promoted investment in a wide array of new alternative fuels engines and the interest in an ICE capable of running on anhydrous ammonia is extremely high. DyneGen has a perfect market window with a proven management and engine development team to capitalize on the extraordinary opportunity.
The Efficiencies… Energy utilization improvements are initially expected to be on the order of 15-20% and eventually achieve as much as 40-50% over current technologies. Reducing engine component count through the use of new technologies will increase reliability and improve DyneGen engines by 25% initially and up to 50% ultimately. The reduction in CO2 emissions is estimated to be in the order of 25%, achieving 100% when run on anhydrous ammonia.
Business Model Overview… DyneGen anticipates developing relationships in the pump and generator industries with vendors who will couple our engines with their equipment for deployment in the field. We have chosen to focus on fuels of the future, specifically natural gas and anhydrous ammonia (NH3). The anticipated design will be compatible with both fuels. Contemporary fuels – gasoline and diesel – will continue to experience price volatility. Thus, for long term business strategies, they cannot be relied upon. Natural gas holds promise as a transition fuel in transforming the current US dependence on foreign oil to energy independence. Natural gas has a nearly ubiquitous presence in infrastructure and use by ordinary businesses and consumers in the US. While internal combustion engines burning natural gas will not eliminate our dependence on fossil fuels or eliminate pollution, it will dramatically reduce CO2 and other emissions compared to gasoline or diesel. The flexibility to burn natural gas or anhydrous ammonia (depending on price and availability) is new.
We recommend you use the information found here as an initial starting point for conducting your own research and conduct your own due diligence (DD) on the profiled company in order to determine your own personal opinion of the company before investing. We are not registered broker-dealers and do not recommend the purchase and sale of securities. Neither the information, nor any opinion expressed, shall be construed to be, or constitute an offer to sell or a solicitation of an offer to buy the securities mentioned herein. The information contained herein has been obtained from the company and publicly available information and are believed to be reliable, but no representation or warranty, expressed or implied, is made to the accuracy, completeness or correctness of such information or the opinions and analysis contained herein. We are not liable for any loss directly or indirectly incurred by anyone relying on any information obtained from this report. This includes, but is not limited to any loss caused in whole or in part by reliance on the content, expression of opinions or interpretation of news, events, financial information or anything else found in this report. However, there can be no guarantee of the accuracy of the published information. Only accredited investors under Reg D, Section 501 of the 1933 Securities Act will be eligible to participate or will be considered.
