Axial Vector Energy Corp. (AXVC.PK) Submits Grant Applications for U.S. Engine Production Facility
Axial Vector Energy Corp. announced this morning that it has applied for Federal Grants and Loan funding to assist the co-ownership of an Engine and Generator production facility. The company has entered negotiations with several domestic companies and various state governments. Axial Vector aims to take advantage of the numerous incentives and benefits available to bring USA developed 'ultra clean' technologies to commercial production. According to the press release, Axial Vector is well suited for acceptance because of its status of already having a production grade model and level 2 engineering package ready. Sanjai Chhaunker AVEC President and CEO commented,…