SAFE HARBOR STATEMENT
Some of the statements on this web page may constitute forward-looking statements under federal securities laws. Please click here for our complete cautionary forward-looking statement. You should read all updates and press releases in the context of our SEC filings, including our Form 10-K filing of April 9, 2024 and our Form 10-Q filing of August 9, 2024, which can be accessed here.
All updates on this web page are intended as general summaries, current as-of the referenced date. The Company will need to raise additional capital to fund continued operations, testing, and product development. We can provide no assurances that such funding will be available to us, or that any such funding would be at acceptable terms. For full context, we urge you to read all referenced SEC filings, updates and press releases. Nothing contained herein constitutes an offer to sell, nor a solicitation to buy, our securities.
From Intention to Implementation
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 [...]
Successful Hydrostatic Test Complete
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, [...]
Hydrostatic Test Update
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 [...]
Increasing Confidence
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 [...]
Upcoming Component Testing
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 [...]