FOR IMMEDIATE RELEASE

Contact: Peter Imlay
Phone: 415.902.3550
Email: peter@orbisdriven.com

ORBIS Secures Licensing Agreement with NASA

Mill Valley, CA, August 13, 2018 — ORBIS Wheels, Inc. is pleased to announce that an evaluation licensing agreement has been reached with the National Aeronautics and Space Administration (NASA). The agreement is to commence on August 13, 2018.

ORBIS will be evaluating a NASA-trademarked alloy for potential benefits in metallurgical performance (e.g., heat, weight reduction, tensile strength, etc.) and enhancement of Ring-Drive™ performance.

The licensing agreement covers a 12-month period, after which time ORBIS will submit a formal report including structural and cost-benefit analyses, forging method optimization, and further commercial licensing opportunities.

ORBIS Wheels, Inc. is revolutionizing the transportation industry through Ring-Drive™ technology.  ORBIS’ patented Ring-Drive™ wheels add 50hp per wheel while simultaneously improving mechanical braking with no unsprung weight penalty. ORBIS technology can bolt-on to any vehicle, yielding an AWD vehicle with significant improvements in torque, acceleration, fuel economy and emissions.

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