Axial Vector Energy Corp. is a global solutions provider delivering revolutionary technologies, including internal combustion engine and electric power generator technologies for military, industrial and commercial applications. The company recently announced the successful completion of its technology transfer in accordance with its acquisition of Adaptive Propulsion Systems LLC (APS), a subsidiary of Tactronics Holdings.

The acquisition correlates with AVEC’s mission to become a leader in the international engine and energy markets, and, according to AVEC Chairman Ahmed Khalifa, signals the company’s intent to move forward with the licensing and production of its energy efficient products.

“Today marks a significant milestone in the history of Axial Vector. Through today’s technology transfer and acquisition of Adaptive Propulsion Systems, we believe we now have all the necessary pieces to ensure the broad based licensing and production capability of our engines, generators, gensets, electric motors and