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SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act

Green Car Congress

Scuderi’s business plan is to develop, to patent, and to license its engine technology to OEMs and engine manufacturers. The SEC said that Scuderi raised the $80 million from individual investors and investment clubs from 2002 to 2012 through at least six offerings in which it sold “preferred units” to at least 415 investors.

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Achates Power developing light-duty two-stroke opposed-piston diesel engine: the OP4

Green Car Congress

Achates Power, which is developing a family of two-stroke, compression-ignition (CI) opposed-piston (OP) engines, has designed and is developing a light-duty diesel concept engine, the OP4. Founded in 2004, Achates Power is designing and developing engines based on a two-stroke, opposed-piston, compression-ignition technology.

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