ACTA Technology presents US EPA with copy of their patent
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US EPA Small Business Innovation Research (SBIR) awardee, ACTA Technology, presented James H. Johnson, Director of the US EPA National Center for Environmental Research, and April Richards, Program Manager of the US EPA's SBIR Program, with a copy of their "Red Ribbon" patent. The presentation was a gesture of gratitude for their US EPA SBIR Phase I award, which led to the successful development of their patented technology. Dr. Edward Clancy, Michael Minard (CEO) and Dr. John Olson, came as representatives of the company.
ACTA Technology received their SBIR award for the development of "A Greener and More Energy Efficient Geothermal Heat Pump (GHP) Fluid". Presently, GHPs use either propylene (a common food preservative) or ethylene glycol water mixtures (antifreeze). ACTA's patented research involves a process of using shear thinning, fumed aluminum oxide in either propylene or ethylene glycol water mixtures. Their novel heat transfer fluid uses these particles having a negative charge thereby creating a stabile circulating fluid without the need for a surfactant. ACTA's propylene and ethylene glycol water mixtures can be used in many other heat transfer applications including automobiles. ACTA's new fluids have the potential to reduce the weight of automobiles thereby improve fuel economy.
The US EPA SBIR Program is one of 11 agencies participating in the Small Business Innovation Research (SBIR) Program. Contracts are awarded to small science and technology-based companies that pass rigorous technical and commercial review of their submitted proposals. Projects are funded in phases. Phase I companies can receive up to $100,000 towards researching the feasibility of their project, and those that are selected from the Phase I pool can receive Phase II awards, up to $400,000, towards the commercialization of their technology.
For more information about the US EPA SBIR program visit: EPA’s Small Business Innovation Research (SBIR) Program
For more information about ACTA Technology, and their innovations visit: ACTA Technology
To learn about ACTA technology's Phase I award visit: Greener and More Energy Efficient Renewable Energy Resource – Geothermal Heat Pumps