We are now just a month shy of a year since Moller first announced having received RFQ's for a total of 900,000 of their Rotapower rotary engines. Eight months ago, they claimed to be in the final stages of their manufacturing agreements. Earlier this week, they now claim to have signed a pre-contract (terms sheet) major manufacturer agreement with an un-named manufacturer. Only someone following EEstor's "progress" can take heart that these products will ever reach their intended market.
Per their press release, they've only needed $3.5 million in funding to satisfy the requirements to complete their contract, and in an era where companies like Tesla Motors, Fisker Automotive and A123 can pull in $100's of millions, why is Moller International stuck needing only $3.5 million?
Moller International / Freedom Motors' Rotapower rotary engine meets ultra-low emissions standards while maintaining the excellent power to weight ratio of a rotary engine, making it a perfect candidate for an extended-range electric vehicle platform. No doubt, this is how they've managed to receive RFQ's for nearly a million of their engines. Yet, I have read how they've spent their time sorting out their product plan - devising a system of "stacking" rotor units to flesh out their product offerings. Given that their RFQ's were likely targeting a specific displacement, their time would have been better spent on building the acceptance test samples that would help them close their sales.
This may be another case of the right technology in the wrong hands, as with EEstor.