CASE/New Holland Skeptical of VMT Claims
April, 2014 Before seeing the report and hearing of Dr. Francesco Pedrielli's assessment of VMT's Universal Transmission, they expressed skepticism that a CVT could be created with positive displacement so it would not use friction in providing infinite increases of ratio change. They had been working for some time on the solution to replacing friction in changing ratios so that a CVT could be used in medium to high torque applications. After a thorough review with Dr. Pedrielli they concluded that VMT's Universal Transmission could provide the breakthrough in having the advantages of infinite increments of ratio change, namely fuel efficiency, but have the advantage of being used in medium cars, trucks and other vehicles as well as vehicles requiring high torque such as large trucks, tractors, off-highway equipment and wind turbines.
Dr. Pedrielli Delivers Findings to Italy's Center of Research
April, 2014 Dr. Pedrielli, who visited VMT in March, made his very favorable report to Italy's national center of research. They recommended Dr. Pedrielli proceed with plans to now report to the leaders of CASE/New Holland and FIAT on the great opportunities in adopting the Universal Transmission from VMT.
VMT Holds Special Symposium on Universal Transmission Advancements
April, 2014 VMT held a live symposium for friends and investors to show them the latest developments in the Universal Transmission requested by John Deere for their tractors. The advancements reduce parts, costs, and increase RPMs further cementing VMT's claims that the Universal Transmission is the ONLY positively displaced IVT that can handle high torque. With these advancements VMT can now enter the automotive arena and should have an announcement soon about an automotive expert as a partner for entering the automotive market. The symposium was streamed live to investors.
CASE/New Holland and FIAT Rep Investigates VMT
March, 2014 Representing the parent company, FIAT, as well as CASE/New Holland (owned by FIAT), Dr. Francesco Pedrielli fly to Provo from Italy to see for himself whether or not VMT actually had, as claimed, the ONLY positively engaged, infinitely variable transmission. He came away impressed and convinced that VMT's Universal Transmission was inventive, original, should be mass produced relatively quickly and could indeed be capable of handling great torque, unlike all other CVTs.
Deere Impressed with VMT's New Breakthrough
January, 2014 After examining the new controller, indexor and chain designs VMT provided for Deere, Craig Puetz, Deere's chief transmission engineer stated that the fewer parts, simpler functions and ease of use for the operator should have a strong impact.
October, 2013 Rory Bringhurst, MTD's chief engineer, Mark Kluck, Director of Transmission Development, and David Moll of Infield Capital flew to Provo to understand the claims of the Universal Transmission. Following the extensive discussion an MTD spokesman stated that they would like to enter into a research development contract to develop the Universal Transmission for their applications.
Progress Continues with Fortune 100 Company
August 14, 2013 - Evaluations are made regarding first phase of joint development agreement with fortune 100 company. Second phase benchmarks are targeted and work continues to go forth toward prototype construction with a specific application for their market segment.