Axial Vector Engine Corp. (AXVC.PK) GENSET to Revolutionize the Global Market for Energy
Axial Vector Engine Corp.’s family of high-power "Axial Flux" coreless electric generators is capable of reaching 98.5% efficiency in converting mechanical to electric energy. The company’s Axial Vector Engine is designed to be seamlessly integrated with two 100 kW Axial Flux generators to create a 200 kW generator set (GENSET) that is expected to become AVEC's first commercially marketed product. Currently, the global market for under one megawatt of power is estimated to be at $14 billion. According to the company, their systems produce power at a much lower cost and are able to operate on multiple fuel types, reducing…