TPR : signed a Memorandum of Understanding with Aquarius Engines
April 01, 2021 at 11:32 am IST
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TPR signed a Memorandum of Understanding with Aquarius Engines
April 1, 2021
TPR has signed a Memorandum of Understanding ("MOU") with Aquarius Engines, an Israeli startup regularly traded in the Israeli stock exchange market (TASE: AQUA) since December 2020, which has original technology for developing epoch-making engines. Both Aquarius and TPR have agreed to execute a collaboration for joint development of innovative technology as a strategic partner.
(Aquarius Engines web site: www.aquariusengines.com)
Aquarius has successfully realized "free piston linear engine," which is very small, light-weight and highly efficient, and the company is aiming to supply accessible and affordable electricity systems with this linear engine, and to provide various electric supply solutions for the upcoming market demands. And Aquarius also plans to apply its technology for hydrogen fuel business and development of generator equipped with Aquarius linear engine.
"Through this MOU, TPR will work jointly on performance improvement of Aquarius linear engine and generator, and will strive for utilizing technologies for the development of next- generation fuel engine parts by collaborating with Aquarius, and then will contribute to the SDG's and carbon-free society," said Kazumi Yano, President & COO, TPR CO., LTD.
< Aquarius linear engine >
< Generator embedded Aquarius linear engine >
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TPR Co. Ltd. published this content on 01 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2021 06:01:02 UTC.
TPR CO.,LTD. is a Japan-based company engaged in the manufacture and sale of piston rings, cylinder liners, valve seats, automotive exterior parts, automotive products, automotive inspection and aluminum products, among others. The Company is consisted of TPR group including four regional segments: Japan, Asia, North America, and other regions, as well as the Faltec Group segment which is as a management unit. TPR group provides piston rings, cylinder liners, valve seats, aluminum products, industrial plastic products, industrial rubber parts and temperature control valves. The Faltec Group segment provides automotive exterior parts including radiator grills, millimeter wave radar covers, and automotive products including remote control engine starters, roof rails, as well as automotive inspection and maintenance equipment.