Marine Link
Thursday, March 28, 2024
SUBSCRIBE

Us Department Of Defense Directive News

10 Dec 2003

Radix Marine Gains Competitive Advantage

Radix Marine, Inc., a marine vessel development company specializing in port and homeland security and defense initiatives, announced that it has signed a letter of intent to enter into an exclusive Development, License, and First Right of Refusal Agreement with GSE, Inc. for the marine application of the company's high power density compression ignition TSIO 1255 engine series. GSE, recently awarded a grant by the U.S. government for the initial development phase of the TSIO 1255 compression ignition heavy fuel engines (CIHFE), has been in the heavy fuel engine development business for twelve years and is utilizing proprietary technology to develop lighter and smaller high power density CIHFE. GSE's products seek to meet the market demand created by U.S.

14 Jan 2004

Radix Marine Signs Propulsion Deal

Radix Marine, Inc., a marine vessel development company specializing in port and homeland security and defense initiatives, signed a letter of intent to enter into an exclusive Development, License, and First Right of Refusal Agreement with GSE, Inc. for the marine application of the company's high power density compression ignition TSIO 1255 engine series. "We believe that by acquiring the exclusive right to license the marine applications of GSE's heavy fuel engines, Radix Marine will gain a sustainable competitive advantage for the company's watercraft in the military and port security marketplace," said Scott Edwards, Radix Marine Vice President.