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LiquidPiston raises additional $6.5M for X Engine

LiquidPiston, Inc., the developer of rotary engines based on its High Efficiency Hybrid Cycle (HEHC)(earlier post), announced the first closing of a $6.5-million series C funding round led by Northwater Capital Management, Inc. and Adams Capital Management, Inc.

Our X engine represents major breakthroughs for internal combustion engines. We have demonstrated a lightweight, compact, fuel-efficient, quiet, multi-fuel capable rotary prototype engine that is scalable from less than 1 to over 1000 HP. We look forward to working with industry partners to further develop this engine for specific market applications that value high power-density, fuel-efficiency, low-noise, and low-vibration.

—Nikolay Shkolnik, LiquidPiston’s Founder and Chief Technology Officer

Benefits of LiquidPiston’s rotary X engine include high fuel-efficiency (up to 2-3x more fuel efficient than today’s engines, according to the company); lightweight and compact (5-10x smaller/lighter than comparably powered diesel engines, with the potential to reach 2HP/Lb, 3 kW/kg specific power); quiet, low-vibration, multi-fuel capable (including diesel, JP8, gasoline, and natural gas); and scalable (1 to over 1000 HP) to serve a variety of markets.



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