31st October 2009
News from the European Investors is all very positive.
Whilst I’m not at liberty to say the who, what I can confirm is that a world recognised name in the sound and environmental emissions and systems providers has now confirmed their interest toward the supply chain.
A total redesign of the whole exhaust and emission system has now been instructed, the result will be world class and a complete revelation of what can be achieved. The two key areas under review are the erosion & corrosion through salt water intake and Co2 emissions. At the same time as working on these issues, noise will be addressed in order to set a world beating sound emission limits.
We need to pay thanks to our investors from Europe to whom wish to remain private, although I can confirm that that the cost of developing an exhaust system for the Hoverpod® is in the region of £400,000 and may take the form of two types. The first being a supply for the “Manx GT” and the second being for the leisure market craft.
I will confirm any additions and updates when cleared to do so by the promotions team.
A Huge Thanks for the support.