Water Fuel LLC Blog » federal applications http://www.waterfuelconverters.com/blog News, Thoughts, and Comments Sat, 21 Nov 2009 17:43:48 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Hy-Drive – Nice Looking News http://www.waterfuelconverters.com/blog/hy-drive-nice-looking-news/ http://www.waterfuelconverters.com/blog/hy-drive-nice-looking-news/#comments Wed, 18 Nov 2009 16:33:13 +0000 nseidm1 http://www.waterfuelconverters.com/blog/?p=101 Hy-Drive has been around for some time, and its taken some time for their company to mature. They initially got some nice funding involving a 21 million dollar investment. Based on this money their projects have matured significantly. So has their business model leading to a variety of federal applications resulting in a federal tax credit being applied to the purchase of their products. Apparently, as per the news below some progress has been made regarding various IP rights. I would imagine any company involved with automotive fuel enhancement technology would at minimum have a variety of design patents.Also as per news, sales seem to be increasing. Some nice orders have been made, which is nice for the entire industry. As Hy-Drive makes progress so with other companies. Take a look at their financial results posted below to see clearly how the company is doing.

Hy-Drive Announces IP Agreement Finalized
 
Hy-Drive Announces SRED Federal Tax Credits Approved

Hy-Drive Announces Receipt of a Significant Order for HGS Units for Mining Application

Hy-Drive Announces Financial Results for the Three and Six Month Period Ended June 30, 2009

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