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Advanced Engine Technologies AENG · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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Close of 30 Oct 2026, in USD

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About Advanced Engine Technologies

Its shares trade under the ticker AENG. It has been listed since 30 December 1997.

Advanced Engine Technologies, Inc. engages in the development and commercialization of the OX2 internal combustion engine. The company is headquartered in Los Angeles, California. The firm acquired the worldwide rights for the OX2 engine pursuant to a four-party agreement among the Company, OX2 LTD, OX2 Intellectual Property Inc. and Advanced Engine Technology PTY Ltd. The firm has assumed responsibility for worldwide patent maintenance and enforcement, as well as engine development, manufacturing, marketing, and sales activities of the OX2 engine. The firm's operations consisted of engineering, testing, marketing and development of the OX2 combustion engine for commercial applications and raising any necessary capital investments. The firm's focus is on subsequent licensing of the OX2 engine technology to approved manufacturers. The OX2 is a 4-stroke internal combustion engine that runs on various fossil fuels, including gasoline, diesel, natural gas, and liquid propane gas.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Auto Components
Listed since
30 Dec 1997
Employees
2

Leadership

Pay as last reported

  • John LuftChief Operating Officer$62,500
  • M CummingsSecretary
  • Carroll ShelbyPresident, Director, since 1998$60,000
  • Alexandria PhillipsTreasurer, Director, since 1999
  • Noel HolmesDirector
  • Steven MantheyDirector

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • The OX2 engine runs on multiple fossil fuels including gasoline and diesel.
  • Advanced Engine Technologies holds worldwide rights for the OX2 engine technology.
  • The company focuses on licensing OX2 technology to approved manufacturers worldwide.

Weaknesses

  • The company employs only two full-time employees.
  • Operations are limited to engineering, testing, and development activities.
  • The firm relies on raising capital for necessary investments.

Opportunities

  • The OX2 engine can be used in commercial applications globally.
  • Licensing the technology to manufacturers opens new markets.
  • Expanding fuel options for the OX2 engine could increase adoption.

Threats

  • The OX2 engine's reliance on fossil fuels poses environmental risks.
  • Competition from alternative energy sources may reduce demand.
  • Regulatory changes in the Auto Components sector could impact operations.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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