LiquidPiston's Rotary Tech Crowdfunding Round

0:00It's April 15th. This is Hartford News today, AI-powered stories from your city. I'm Corey with the story. Liquid Piston, that Bloomfield engine crew, just launched their seventh equity crowdfunding round to push their rotary tech forward. It's the first one in over a year, after pulling in more than $50 million from around 20,000 investors. They're aiming for about 5 million this time, at $13.50 per share, with a deadline hitting June 16th. They've locked down 65 million in Pentagon contracts, too, including a fresh $35 million Air Force deal for hybrid systems and vertical tech off planes. That military backing shows how serious their X-engine game is. Lightweight rotary design meant to flip the script on old-school combustion motors. Founded almost 20 years back by Father Sun Duo, Nikolai and Alex Skolnik, the company's all about that power density edge. The U.S. Army tapped them in August 2024 for the Small Business Innovation Research Catalyst Program, spotlighting needs for smaller, lighter power and tough spots.

1:05Investor funds here could trigger big unlocks. If they snag $3.5 million from a Defense Department partner, it opens $7 million more. Through Catalyst, they just double-testing space at their expanded Bloomfield headquarters, ramping up real-world proofs. CEO Alex Skolnik puts it straight. Their tech delivers massive gains in mobility for soldiers and contested zones. With this momentum rolling, liquid pistons prime to rev engines into the next gear.