News Releases from AWE entities

This is the Historic First major commercial order in emerging Airborne Wind Energy.
======================================
Discussion on this news release:

JoeF asked:
Do you have specifications for one unit of the KiteKraft AWES?
Will all 100 000 units be of the same specification?
Did KiteKraft accept the pre-order? Was there a down payment required?
Are there any calendar notes in the pre-order?
You inserted an interpreted "(wind energy)" in one of the clauses. Did KiteKraft approve of that parenthetical phrase?

DaveS clarifies: That "Wind Energy" price was the intended metric is the most-reasonable assumption.
---------------------------------
DaveS notes:
There was no KiteKraft disclaimers nor detailed terms. I set a couple of standard terms, like Net-30 on delivery.

If they do manage to deliver the order as proposed, it will be feasible for kPower to borrow the capital within Net-30.

Effectively, KiteKraft is offering Wind Energy at 50% of market value. That's a true bargain.

Estimated value of the contract- >100M

It would be unwise of KiteKraft to prematurely cancel an open 100k unit order, if they are serious long-term players.

Sincerely, Kite-Boon Pickens

===================
Some posts by kPower's Dave Santos:
Sat, Aug 29, 4:54 PM

Well it would have been great to massively preorder M600s (Buy American, ra-ra), but the German mini600 offering came first. If KiteKraft delivers, we expect LarryE will be ready to underwrite, for nice cut. We can jack up the price-point 20% and still offer 40% below market. OtherLab would get the LarryE finder-fee.

Swing for the fences!

kPower

===========================
The path for this bon-mot to become a serious deal by 2030 is for KiteKraft to relentlessly migrate its AWES design paradigm toward TRL9, rather than fatally down-select to a dead-end architecture. KiteKraft's current "energy-drone" AWES architecture will reveal definite AWES scaling-law and survival-to-payback limits, well understood and documented since 2009.

There are countless critical failure modes to eliminate by adopting a many-connected-topology "rag and string only" strategy. The "energy drone" experience serves for statistical limit-case reference. Direct comparative evaluation (internal fly-off) of the two opposed paradigms will settle all doubts. Technische Universität Kaiserslautern is the emergent EU academic partner to balance current TUDelft/TUMunich AWES paradigms. More research due-diligence is required.

=====================
Good timing: kPower's order was placed before Fast Company buzz. Maybe we should have ordered 1M units.

See article: These kites generate wind power by flying through the air