CYKLOBURN MILESTONES

June 2018

• The National Science Foundation (NSF) awards Cykloburn a Small Business Innovation Research Phase I Grant. The grant will allow a full scale working system to be designed and tested.

April 2018

• Cykloburn Technologies completes transfer of technological details and design parameters from Morgan State University.

• Management secures agreement from two poultry farms for prototype testing

December 2017

• Morgan State University signs technology license agreement with  Cykloburn Technologies LLC.

• MD TEDCO awards Cykloburn Technologies a MII phase 2 convertible note providing funds for placing  prototype Cykloburn systems on farms for testing to validate lab results.

January 2018

• Cykloburn Technologies wins Maryland Department of Natural Resources grant via the MTECH MIPS program for Morgan State University to develop a poultry house heating system based on Cykloburn Technology.

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January 2017

• Cykloburn Technologies LLC formed to license and commercialize Dr. Lee's invention

March 2016 -

• Dr. Song Lee completes testing of full scale lab system and secures A.S. Abell Foundation funding to test electrical generation capabilities

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February 2016

• Utility Patent Filed - System and Method for Biomass combustion

June 2015

• MD TEDCO provides R&D funding for economical clean burn bio-mass combustion system.

• Morgan State University's Dr. Seong Lee begins construction of full scale lab system to validate his Cykloburn concepts.

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Future Goals:

• Summer 2018 - Field Test prototype Cykloburn system on Delmarva Poultry Farms

• December 2018 - Lab testing of heating system complete

• January 2019 - Completion of SBIR phase I project - large scale system built and tested

• Spring 2019 - Commercial design complete and regional sales commence