Cirque Energy, Inc. Enters Joint Development Agreement With Northrop Grumman For Deployable Gasification Unit
Cirque Energy, Inc. (OTCQB:EWRL), today announced that the Company has
entered into a Joint Development Agreement with Northrop Grumman
Corporation (NYSE:NOC) for the development of a Deployable Gasification
Cirque Energy, Inc. (OTCQB:EWRL), today announced that the Company has entered into a Joint Development Agreement with Northrop Grumman Corporation (NYSE:NOC) for the development of a Deployable Gasification Unit. Northrop Grumman and Cirque Energy, Inc., previously working as a subcontractor, created a conceptual Deployable Gasification Unit (DGU) on behalf of Northrop Grumman. The DGU is capable of converting byproducts or wastes generated at military installations, natural disaster locations, or commercial or industrial sites into electricity and recoverable heat. These units utilize low temperature, starved air gasification technology coupled with conventional reciprocating engine technology. Northrop Grumman and Cirque Energy are committed to continue technology development for the DGU towards commercialization. Northrop Grumman in partnership with Cirque Energy is producing the first working DGU prototype for testing and demonstration for military, government, and commercial customers. We anticipate the DGU unit to be completed during 2014. "This development agreement greatly advances the Northrop Grumman mission of offering a solution that provides beneficial use and disposal of wastes, while achieving reduced fossil fuel dependence and lower energy costs. Cirque Energy provides the team with cutting-edge technology, innovation and experience," said Phil Coker, Director of Integrated Platform Solutions, Northrop Grumman Information Systems. Under the agreement, Cirque Energy will lead development, manufacturing, and testing of the initial demonstration DGU, with input from Northrop Grumman. Upon successful demonstration, Northrop Grumman will manufacture DGU’s for exclusive sale by Northrop Grumman and Cirque Energy. "Having Northrop Grumman as part of the Cirque Energy team will help us provide an unparalleled level of product development for implementation of small scale gasification and combined heat and power. We see endless opportunities to implement the DGU in commercial and industrial settings to provide customers with energy independence. Our research indicates that the potential market exceeds several billion dollars," said Joseph L. Durant, CEO of Cirque Energy.