Apogee Dynamics a Division HPIL Holding (HPIL) Announces it has been selected as a Mitsubishi Chemical Advanced Materials Challenge Finalist

Rhea-AI Summary

HPIL Holding (OTC: HPIL) announced that its division, Apogee Dynamics, has been selected as a Finalist in Mitsubishi Chemical Advanced Materials' High-Temperature Carbon-Fiber 3D Printing Challenge. Apogee Dynamics submitted a design called Electric Propulsion: Electrodynamic Profile Ramping, showcasing advanced 3D printing capabilities using Mitsubishi’s KyronMax. This design is intended for the Apogee Powertrain and products like the Apogee D7 EV and MotoCzysz Electric Motorcycle. Apogee Dynamics' President expressed excitement over this recognition and encouraged supporters to vote in the competition.

Positive

• Apogee Dynamics selected as a Finalist in Mitsubishi's competition, indicating industry recognition.
• The project involves advanced 3D printing technology, potentially enhancing product development.
• Design could contribute to significant products such as the Apogee D7 EV and MotoCzysz Electric Motorcycle.

Negative

• None.

VANCOUVER, BC, Nov. 30, 2021 /PRNewswire/ -- Apogee Dynamics, a division of  HPIL Holding (OTC: HPIL) (the "Company"), is pleased to announce that it has been selected as a Finalist by Mitsubishi Chemical Advanced Materials for its High-Temperature Carbon-Fiber 3D Printing Challenge from amongst many high-quality submissions from all over the world.

Apogee Dynamics submitted its design know as; Electric Propulsion: Electrodynamic Profile Ramping. The design showcases advanced, proprietary, 3D Printing capabilities utilizing Mitsubishi Chemical Advanced Materials' KyronMax.  The design is a sub-assembly of an Apogee power system being developed for use in the Apogee Powertrain, the Apogee D7 EV, the next generation MotoCzysz Electric Motorcycle, as well as other planned products.

"It is an exciting time to be able to announce that Apogee Dynamics has been selected as a Finalist by Mitsubishi Chemical Advanced Materials for its proprietary Electric Propulsion: Electrodynamic Profile Ramping design. Mitsubishi, as a well-known and world class manufacturer, does us great honor in recognizing the talent and vision within Apogee Dynamics, and its most excellent Robotics Division." said,  L. Ferrox Tutinean, President of Apogee Dynamics and CTO of HPIL

As a follower of HPIL and of Apogee Dynamics, please vote in favor of the Apogee's Electric Propulsion: Electrodynamic Profile Ramping design and help us win in this world class competition.

High-Temperature Carbon-Fiber 3D Printing Challenge: Community Vote (google.com)

Safe Harbor: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filing.

For more information: 

HPIL Holding
info@hpilholding.ca
Phone: +1 778-819-1956
www.hpilholding.ca

 

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SOURCE HPIL Holding

FAQ

What is the significance of HPIL Holding's announcement on November 30, 2021?

The announcement highlights Apogee Dynamics being selected as a Finalist in Mitsubishi Chemical's 3D Printing Challenge, showcasing their innovative design.

What does the Electric Propulsion: Electrodynamic Profile Ramping design involve?

It showcases advanced, proprietary 3D printing capabilities using Mitsubishi's KyronMax and is part of the Apogee Powertrain.

How can supporters participate in the Mitsubishi Chemical 3D Printing Challenge?

Supporters can vote for Apogee Dynamics' design in the challenge to help them win.

What products will the design developed by Apogee Dynamics be used for?

The design is intended for the Apogee D7 EV, MotoCzysz Electric Motorcycle, and other planned products.

What are the potential risks mentioned in HPIL Holding's press release?

The press release includes forward-looking statements that are subject to risks and uncertainties, including market conditions and competition.