Frank Cooper, CTC’s vice president and chief technical officer, said. said the alliance will bring an integrated business model to the region and provide technology proof-of-concept, strategic business development and capital introduction services.
CTC said the alliance will work to develop wind turbines, renewable hybrid systems, bio-fuels and fuel additives. The alliance will also focus on water, solar, wind, alternative fuels, natural gas and environmental enhanced materials.
CTC said it will commit its engineers, scientists and experts to provide research and prototyping work.
CTC is also working as part of the Energy Huntsville initiative in Huntsville, Ala., which aims to diversify the regions research and technology portfolio, among other things.
RMG will help new businesses obtain working capital, create business models and develop investment opportunities. RMG will also oversee new businesses staffs.