QS Energy, Inc. (OTCQB:QSEP), a leader in oil transport technology, is pleased to announce the signing of a Memorandum of Understanding (MOU) with VIPS Petroleum, furthering their strategic partnership with one of Southeast Asia's premier energy producers and its state-owned oil and gas corporation. This MOU lays the groundwork for the commercialization of QS Energy's Applied Oil Technology (AOT) unit in collaboration with the government-backed oil and gas giant, marking a major step in the company's continued global expansion. This agreement builds on the momentum established in QS Energy's previous announcement regarding its partnership with VIPS Petroleum, focused on [...]

MOU Actively Being Reviewed by Several Countries & Companies QS Energy Inc. (OTCQB:QSEP), a leader in energy efficiency technology, and VIPS Petroleum LLC, a prominent player in the petroleum industry, are excited to announce a strategic collaboration as a result of positive MOU discussions with VIPS country and company clients. This partnership builds on the recent advancements announced by QS Energy in the commercialization of their Applied Oil Technology (AOT) device, which significantly improves the economics and sustainability of oil transport. Key Highlights of the Collaboration Agreement: Deployment of AOT Device: The agreement outlines the deployment of QS Energy's [...]

QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB:QSEP), a leading developer of advanced energy efficiency technologies, is pleased to announce the signing of a Letter of Intent (LOI) with VIPS Petroleum as of Tuesday, June 11th. This strategic partnership aims to facilitate the deployment of QS Energy's Applied Oil Technology (AOT) device to enhance the operational efficiency of VIPS Petroleum's customers. QS Energy and VIPS Petroleum have agreed to collaborate on deploying the AOT device to one or more of VIPS Petroleum's esteemed clients, marking a significant step forward in improving the efficiency and sustainability of oil transportation. The [...]

This update is aimed to serve as an explanation for the recent delays which we have had to endure starting with the filing for an extension of our 2023 annual report. First off, this delay is due to our Auditors’ workload and not to any untimely delivery of our financial information required to complete such an Audit. This is not to be interpreted as a failure on our part and consequently does not add up to any QS Energy material insecurities or deficiencies. We expect their efforts to complete the Audit within a few business days of the time [...]

Greetings and holiday warmth to all. Since our last update just over 6 months ago, we have all been patiently awaiting formal and anticipated closure upon a strategic relationship opportunity greater in scale and scope of the Company’s history. This well-deserved opportunity has commanded tenacity and understanding, which in turn converts into the upcoming month of January, allowing a return to material and periodic updates much like we had in earlier days. Please remember that our team has delivered an operational AOT, returned to SEC compliance, and a handful of commercial opportunities in sequence to capitalize on the demands of [...]

Let us celebrate once again the positive hydrostatic test just over a month ago. As you would expect, our next step is to follow up with our existing or future development partner(s). Since last year, communication has been well underway from where we left off with whom was our existing development partner in June 2020. Furthermore, we have garnered the attention of a new set of individuals that could consolidate the involvement of new development partner(s). I would emphasize that the timing and participation of such efforts are designed to yield results that would surpass what we established in [...]

At long last we have made it. Aside from supply chain shortages, backlogged labor support, and of course the recent weather-related challenges, we had a successful AOT Hydrostatic test yesterday. Despite the compounding issues, we are proud to report that the AOT works at a full voltage of 40KV, well beyond the treatment field. We took the cautious and necessary steps to ensure this final iteration of AOT can go straight to a field test to be determined. We wanted you to know in 2022 that your support as stakeholders has endured for good reason, and we couldn’t have [...]

In keeping with our expectations shared in our recent Form 10-Q filing of November 10, 2022, we are assembling the new AOT internals this week. As we have stated in the past, there were several previously established design criteria incorporated into the new AOT design. Our observations and confirmations resulting from the component testing required time to capture and properly illustrate for our vendors. Although this process took a little longer than we had expected, it was necessary none the less. This delay alone would not have caused us to miss our initial timetable. However, our vendors had significant [...]

As stated in our previous “July Upcoming Component Testing” update, we anticipated that by August we would be conducting the component testing. As of August 8, 2022, we completed a successful component test. All parts arrived from our vendors last week and we built the stack assembly. All the parts fit as designed with no surprises. The stack assembly performed as expected. We were able to apply the maximum voltage of the power supply to the stack assembly when submerged in oil. With this updated design, the power supply did NOT shut down due to arcing nor shorting which [...]

In our April 15, 2022, Investor Update we summarized how the results of the AOT component testing resulted in a set of design criteria for the new stack assembly and the success of identifying alternate materials of construction. Recently, we have been working to reduce those findings to practice. We are now moving forward to the following three steps: Complete testing of the component stack assembly. A full-size hydrostatic test of the AOT. A field test with a development partner. Our focus for this update is concerning the pending component tests. These tests are an important step validating newly [...]