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RVCR -The Next Evolutionary Leap in Prime-Mover Technology

Getting you future ready with RVCR Products

Credits and Awards

The invention of the RVCR Concept and the Technological innovation is credited by various Governmental Bodies, scientific institutions, organizations with various awards and is assessed at various national and international platforms for its claimed merit. The endeavor is scrutinized by experts and high-level panels at various occasions for techno-commercial feasibility and Viability concerns.

The due diligence of the Patents and all legal documentation in various countries has been carried out by more than once by different Organization separately. 1 st Due Diligence was carried out by a commercial organization (An Indian Auto Major/OEM in the passenger car and Heavy Commercial Vehicle) as a part of the official Licensing agreement and the second by Directorate General Of Shipping as a part of recommending the Proposition to Technology Development Board.



Credits


The RVCR Project during its initial days had applied for funding with governmental and private bodies and the credits to the project’s in due course and the awards received are:

TePP Ph I & Ph II

GYATK qualified for Grants by ‘Government of India Department of Science and Technology’, through the ‘Department of Scientific and Industrial Research’ DSIR’s TEPP Scheme Phase I (Technopreneur Promotion Program). The Project further received Tepp Phase-II Grant funding.

Angel Funding by KSIDC

The Project received Angel Funding in terms of a soft loan, from KSIDC (Kerala State Industrial Development Corporation) for the Patenting Process and for component development of the prototype Project. The account was closed on repayment after the project generated its revenues successfully.

1st Commercial contract

The RVCR project gained traction with an Auto Major in India which led to a year- long contractual engagement for capability and technology potency demonstration by GYATK. This engagement Later extrapolated to a Joint development and the 1 st Licensing Agreement and further during the project Gyatk secured it’s 1 st D&D services contract

D G of Shipping Techno-Economic Report

The RVCR Project had approached the Directorate General of shipping Mumbai India, for considering its proposal on Design and Development of RVCR Propulsion systems for Marine Applications. The Directorate after a year-long Due Diligence and Scrutiny of the Proposition that involved 3 Work shops attended by IRS, IME, DGS officials and Examiners of Engineers, DRDO representatives, Representatives from, IIT Ex surveyors and host of other Technical Organizations. The high Level techno-economic report summarizing the conclusions drawn on completion on the RVCR Technology Proposition was drawn and forwarded to Relevant government Officials.





Awards


IIGP 13

GYATK’s RVCR technology was winner in the National Innovation Competition by DST - India and Lockheed Martin Corporation – USA and IUSSTF conducted by FICCI.
The competition saw more than 1200 innovations applied and was screened by esteemed panel of experts from the respective organizations and made to the top 30 after a series of scrutiny and was felicitated on May 2 nd , 2013 at the FICCI office in Delhi by Mr. Montek Singh Ahluwalia, the then Deputy Chairman of the Planning Commission of India.
The program also selected GYATK for a week-long workshop on entrepreneurship by faculty from Graduate School of Business, Stanford University.

The RVCR project was further Selected by a panel of distinguished judges and technology experts, as one of eight innovations amongst a field of 1000 to be mentored for commercialization by IC2 Institute of The University of Texas at Austin (considered among the world’s leading experts in technology commercialization).

GCIP14

In 2014 GYATK’s RVCR Project was selected to participate in the Global Clean Tech International-14 at San- Francisco, through a national level Competition called GCIP14 (Global Clean Tech International India Program) conducted by Ministry of MSME, Sponsored by the UNIDO (United Nations Industrial Development Corporation) under its Program.
GYATK’s RVCR Project was selected winner of the innovation competition and was the 1 st among 3 selected to be sponsored for the GCIP 14 in San Francisco. The GCIP 14 program included mentoring and innovation commercialization training by experts.

India Innovative Initiative I3 & NRDC (Meritorious Invention Award)

RVCR Technology was selected winner at the India Innovation Initiative -2014 national Fair held in Delhi.
GYATK Further Participated in ‘National Meritorious Award 2015’ competition conducted by ‘National Research Development Centre’ (NRDC) which is ‘A Enterprise of DSIR, Ministry of ‘Science &Technology’. Govt of India.’ The RVCR Proposal received a letter of appreciation form the Expert Panel of the Competition.

AFCEF-7 Asia Forum for Clean Energy Financing

GYATK’s RVCR Project was selected semifinalist in the AFCEF-7 competition conducted by CTI-PFAN, (Clean Technology Initiative-Private Finance Advisory Network), Japan.
Details : http://pfan.net/project/rvcp-technology-prime-mover-development-commersilisation/





RVCR Project in UK.


The RVCR Technology I.C. Engine Development Project is now being shifted to and Pursued in UK and EU for various reasons through Our Subsidiary KGYAT UK P Ltd, and the project has qualified initial funding from the, Horizon 2020 (SME Instrument) Phase I.
The Project has applied for Phase II funding now.