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ROSH HA AYIN, Israel, April 1, 2021 /PRNewswire/ Aquarius Engines (TASE: AQUA) has signed a memorandum of understanding with Japanese auto-parts manufacturer TPR, focused on cooperation between TPR and Aquarius s soon-to-be established Japanese subsidiary.
Aquarius Engines is in the process of establishing a sister company in Japan with the aim of promoting and strengthening ties with existing Japanese partners, which include Honda-affiliate Musashi Seimitsu and TPR.
The 10kg super efficient Aquarius Engine (Credit: David Katz) (PRNewsfoto/AQUARIUS ENGINES)
Aquarius Japan will work to create strategic partnerships across Asia and promote more business opportunities in the Japanese market. In addition to research and development to adapt the patented Aquarius linear engine to operate on hydrogen and penetrate the Japanese automobile market.
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