Bye Aerospace Launches Energy Subsidiary
For Immediate Release: October 27 2008
For more information contact George Bye at (303) 242-8777
Bye Energy Launches
Highlands Ranch, Colorado – Bye Energy Inc., an integrator of clean energy solutions for aviation, launched operations on Sept. 17.
George Bye, Founder and CEO of Bye Energy, said the company will expedite the commercialization of alternative energy sources by linking the most recent technological advancements in aviation with the most promising renewable biofuel and advanced electric storage and engines. “We see an unprecedented opportunity to meet two growing needs,” he said. “One is the need for a clean, renewable fuel source for aviation, and the other is for alternative-energy aircraft propulsion systems.”
The company is currently analyzing opportunities with jet fuel derived from plant-based feedstock to replace traditional petroleum sources on business jet aircraft. In addition, Bye Energy is developing an electric energy propulsion system for single- and twin-engine light aircraft, similar to the technology being applied to hybrid and all-electric automobiles.
“Given the continued volatility of the world’s petroleum supply and subsequent fuel costs, in addition to the demand for cleaner technology, our timing into the marketplace is ideal,” Bye said. “The response we have already received is overwhelming.”
For more information, go to www.ByeEnergy.com.
