- CEO
- John Luft
- Full Time Employees
- 2
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 11150 West Olympic Boulevard Los Angeles United States of America
- IPO Date
- Jun 7, 2023
- Business
- Advanced Engine Technologies, Inc. (AENG) develops and commercializes the OX2 internal combustion engine, a four-stroke design that operates on multiple fuels including gasoline, diesel, natural gas, liquid propane, and methane; the company offers three prototypes of the OX2 engine along with supplementary development parts for engineering, testing, and customization. It holds exclusive sublicense rights to manufacture, distribute, and market the OX2 in the United States, Canada, and Mexico, targeting commercial stationary generator applications as well as marine, aircraft, and automotive uses within the automotive parts and equipment industry. Founded in 1996 and headquartered at 11150 West Olympic Boulevard, Suite 1050, Los Angeles, California, the firm operates as a development-stage entity focused on worldwide patent maintenance, enforcement, and technology licensing to approved manufacturers. In recent developments, the company completed three lightweight OX2 internal combustion engines in 2022 through collaboration with the University of California Riverside and expert Dr. Roberta Nichols, initiating full-scale testing with monthly progress reports; no major acquisitions, funding rounds, partnerships, or strategic expansions appear in public records for 2024 or 2025.