ClearFlame Engine Technologies has filed a notice of an exempt offering of securities to raise $30,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, ClearFlame Engine Technologies is raising $30,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Bernard Johnson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About ClearFlame Engine Technologies
ClearFlame Engines is a startup company based in Chicago, IL. The ClearFlame technology enables heavy-duty engine manufacturers to produce engines at lower cost, while simultaneously providing their customers with higher performance and fuel cost savings. Were breaking the paradigm that ties heavy engines to petroleum fuels by taking the Diesel out of the Diesel engine. Our engine modification enables Diesel engines to run on cleaner burning, sootless fuels in the most efficient manner, unlocking benefits in cost savings, performance, and air quality. We view our technology as being applicable wherever Diesel engines are used – including big markets like heavy duty transportation and distributed power generation, as well as marine, agriculture, construction, mining, and locomotive applications. Wed love to hear from you if you want to learn more about the technology, have an interest in joining the team, or are interested in partnering with us to demonstrate, deploy, and scale our technology.
To learn more about ClearFlame Engine Technologies, visit http://www.clearflameengines.com/
Contact:
Bernard Johnson, Chief Executive Officer
630-492-1641
https://www.linkedin.com/in/bj-johnson-6b9213120/
SOURCE: http://www.intelligence360.io
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