ArtuPower is based on the “Gas ultrasonic transducer system and method for operating a diesel common-rail engine” technology, which allows the use of alkane gases, including – liquefied petroleum gas (LPG), natural gas (CNG) and their bio-equivalents (BioLPG, BioCNG) to replace in part or in full, diesel in diesel engines of different capacities equipped with common-rail technology.
In September, ABLabs CEO Armands Jurjevs met with the pedaling Investor at Turn Off Turn On Ventures – Jia Hong Shaw from Singapore.
The meeting was an excellent chance to discuss impact investing, challenges of cleantech startups and how to make a change and help reduce global GHG emissions.
The meeting was also a chance to promote the “Gas ultrasonic transducer system and method for operating a diesel common-rail engine” project and the collaboration of ABLabs with Norway Grants and the Latvian Investment and Development Agency.
The meeting concluded with the conclusion that “investments in climate technologies are of great importance”.
The project is supported by Norway through the Norway Grants.
Within the project the “ArtuPower” product will be developed up to the level of TRL8 technology readiness level, and the project duration is expected to be 18 months. The total project budget is 132,400 EUR, with a support of 92 680 EUR is intended with the support of the “Norwegian Financial Mechanism’s small grant scheme”.
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