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Borealis Exploration Limited Message Board

  • frogfather44 frogfather44 Aug 7, 2013 7:00 PM Flag

    Borealis (WheelTug) won an award.

    Eco-Technology of the Year: WheelTug.
    "The innovative WheelTug electric drive system uses high-performance electric motors, installed in the nose gear wheels of an aircraft, to provide full mobility on the ground without the use of the aircraft's jet engines or tugs for pushback and taxi operations. The electric WheelTug unit needs only four pounds of fuel per minute by using the aircraft's auxiliary power unit (APU), representing an 80% reduction in ground operation fuel consumption. In addition to lower ground operation fuel consumption, other benefits of the WheelTug aircraft drive systems include substantially reduced carbon dioxide and other greenhouse gas emissions. Editors noted that WheelTug has placed something on the market that is ahead of the competition and uses a business model that makes benefits of the system measurable. The proof is in the customer list, with 573 delivery slots reserved by 11 airlines from Europe, America, the Middle East and the Far East by June 2013.

    ATW editors will present the awards on September 12, 2013, at a dinner ceremony following the ATW Sixth Annual Eco-Aviation Conference at the Westin City Center Hotel in Washington, DC, Sept.11-12, 2013. This year's agenda features panel discussions and engaging debates. "

    They have a link to the conference you can find out the speakers or register.

    Also they have a list of places they will be presenting over the next few months.

    it's all on the weekly updates of the News section of the updates. Unfortunately they don't often archive the weekly news.
    There is a private placement going on as well and has been for a time.
    "A new PPM for WheelTug plc is now expected to be released 4 August 2013 to Qualified Investors under NDA, with a 2 August 2013 date.

    The new share price is US$180. "

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