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AJRD

Aerojet Rocketdyne

$20.72

-0.03 (-0.14%)

13:56
11/29/16
11/29
13:56
11/29/16
13:56

Aerojet Rocketdyne signs cooperative pact with NETL to develop RDE technology

Aerojet Rocketdyne has signed a cooperative agreement with the National Energy Technology Laboratory of the U.S. Department of Energy to develop air-breathing rotating detonation engine technology that could enable the combined cycle efficiency of natural gas-fueled power plants to exceed 65% - a significant improvement over current technology. The RDE agreement, valued at $6.8M, is for the Phase II program that provides value to the Department of Energy by leveraging ongoing RDE development activities and expertise of Aerojet Rocketdyne's work with Purdue University, University of Michigan, University of Alabama, University of Central Florida and Southwest Research Institute. The technology will enable combined cycle efficiency gains by capturing the increased performance of pressure gain combustion within the combustion assembly, and reducing the flow variations resulting from RDE combustion to levels that are acceptable to upstream compressors and downstream turbines. This follow-on agreement builds upon the success of an initial Phase I program, completed by Aerojet Rocketdyne, which demonstrated operation of an RDE fueled by natural gas at conditions simulating operation in a full-scale gas turbine power plant. To date, Aerojet Rocketdyne has completed more than 650 hot-fire and related development tests to mature this key technology. The company is concurrently developing RDEs for propulsion applications for the Department of Defense.

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NCS Multistage

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CLDR

Cloudera

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Japan's data dump revealed tepid inflation and mixed growth figures »

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AOS

A.O. Smith

$54.42

1.45 (2.74%)

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FB

Facebook

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1.14 (0.78%)

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AAWW

Atlas Air

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0.4 (0.67%)

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UTHR

United Therapeutics

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0.51 (0.43%)

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CYTR

CytRx

$0.68

-0.121 (-15.02%)

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  • 02

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EEX

Emerald Expositions Events

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GOOG

Alphabet

$874.25

2.52 (0.29%)

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Alphabet Class A

$891.44

2.3 (0.26%)

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$874.25

2.52 (0.29%)

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2.3 (0.26%)

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SRPT

Sarepta

$34.72

-0.14 (-0.40%)

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SRPT

Sarepta

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-0.14 (-0.40%)

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SRPT

Sarepta

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SRPT

Sarepta

$34.72

-0.14 (-0.40%)

19:18
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Sarepta confirms CEO Ed Kaye to resign from role at end of current term »

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BSAC

Santander Chile

$23.59

-0.36 (-1.50%)

19:02
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Earnings
Santander Chile reports Q1 EPS 46c, consensus 42c »

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  • 28

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BA

Boeing

$183.22

1.51 (0.83%)

, BDRBF

Bombardier

$1.63

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Bombardier

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BA

Boeing

$183.22

1.51 (0.83%)

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Bombardier

$1.63

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Bombardier

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SWN

Southwestern Energy

$7.67

-0.16 (-2.04%)

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Southwestern Energy reports Q1 adjusted EPS 18c, consensus 18c »

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CRMD

CorMedix

$1.04

-0.07 (-6.31%)

18:43
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Syndicate
CorMedix files to sell common stock warrants, no amount given »

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FET

Forum Energy

$18.10

-1.05 (-5.48%)

18:39
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Earnings
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WDC

Western Digital

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1.1 (1.30%)

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FET

Forum Energy

$18.10

-1.05 (-5.48%)

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SJR

Shaw Communications

$21.30

0.07 (0.33%)

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Shaw Communications restores internet and phone services after brief outage »

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MTRX

Matrix Service

$16.88

-0.575 (-3.30%)

18:33
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Earnings
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GIMO

Gigamon

$36.00

-0.6 (-1.64%)

18:33
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Earnings
Gigamon sees Q2 adjusted EPS 2c-7c, consensus 19c »

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