Valley Forge Composite Technologies, Inc. Announces Developments in Its THOR-LVX Photo-Nuclear Detection System
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COVINGTON, Ky. - Valley Forge Composite Technologies, Inc. (OTCBB: VLYF) announces developments in its THOR-LVX(TM) photo-nuclear detection system for cargo containers and airline baggage.
THOR-LVX is a high-energy detection system designed to detect nuclear material, explosives, narcotics and other contraband hidden in cargo containers and baggage, even through shielding.
The company announces that a fully functioning unit is expected to be available for viewing later this year. The unit will be located in the United States. Viewings will be available by appointment for qualified buyers and government representatives.
Separately, the company is pursuing further research related to extending its database of photo-nuclear fingerprints and investigating additional applications for the technology, as referenced in a prior disclosure. This work is being performed in conjunction with engineers and scientists in the Russian Federation and in the United States. The results of this research may include applications in fields such as bio-technology, nano-technology and nuclear technology.
The company is filing patents through the PCT to protect key aspects of the technology. The company is also pursuing exclusive rights agreements. Both activities are pursuant to the CRADA under which the project was initially funded by the United States Department of Energy.
The company is in the process of creating manufacturing plans to provide limited production of 2 to 3 machines per month. These manufacturing capabilities are expected to be on-line at approximately the same time as when the unit is available for viewing.
The company anticipates that once the product is ready for viewing in the United States and available for qualification testing by potential purchasers that sales would follow.
About Valley Forge
Valley Forge Composite Technologies, Inc. develops, manufactures and distributes next-generation detection systems. More information about Valley Forge Composite Technologies, Inc. can be found at www.vlyf.com.
Contact
Valley Forge Composite Technologies, Inc.
Roe Brothers
roe@vfct.com
Tel: (859) 581-5111
SOURCE
Valley Forge Composite Technologies, Inc.
Web Site: www.vlyf.com
