Moller International Develops Damage Resistant Fan Blades

DAVIS, Calif.--(BUSINESS WIRE)--Moller International (the “Company”) (OTCBB: MLER - News) is pleased to announce that it has successfully developed and tested a damage resistant, carbon fiber blade technology that increases durability for the ducted fans used in its Skycar® and Neuera™ VTOL aircraft product lines. This improvement reduces blade rotating inertia, allowing the fans to respond quicker to roll and pitch commands from the artificial stability system, resulting in a more stable aircraft during hover and transition. In addition, the newly-developed epoxy carbon fiber matrix can tolerate increased damage to the leading edge of the fan thereby dramatically improving resistance to damage caused by bird ingestion. “This advancement was inadvertently validated when a screwdriver was accidentally ingested into a fan during the maximum power tests of an M400,” stated Dr. Paul Moller, President of Moller International. “The screwdriver caused a significant notch in the leading edge of the fan but was quickly repaired with epoxy filler. An aluminum fan blade would have to be replaced if it had survived the impact, which is problematic.”Carbon fiber has up to seven times the tensile strength of aluminum. As a result, the blades can be designed to have a very large safety factor. This is particularly important in a VTOL aircraft like the Skycar® or N...
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MOLLER INTERNATIONAL INC Financials

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Moller International, Inc. Develops High Rise Rescue Vehicle

DAVIS, Calif.--(BUSINESS WIRE)--Moller International (the “Company”) (OTCBB: MLER - News) announced today that it has begun assembly of a unique version of it Neuera-series VTOL aircraft, the Moller “Firefly”. The Firefly is specifically designed for urban search and rescue operations. (see www.Moller.com). “The Firefly can address the pressing need for a vehicle that is able to extract trapped personnel directly from the upper floors of office buildings,” stated Dr. Paul Moller, President of Moller International. “It can accomplish this by positioning itself adjacent to the building near a window, thereby enabling trapped personnel to exit the building directly into the Firefly.” Unlike a helicopter, the Firefly's enclosed rotors can approach and dock to the side of a high-rise building without interference from a dangerous overhead rotor.Based very closely on the Company's M200 Neuera recreational and utility vehicle, the Firefly will be capable of retrieving three people per trip and transporting them safely to ground level...
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Moller International Skycar Could Let Army Do More in Afghanistan with Fewer Soldiers

DAVIS, Calif.--(BUSINESS WIRE)--Moller International (the “Company”) (OTCBB:MLER - NewsWinning an Asymmetric War with Skycars. This report, directed to the Defense Advanced Research Projects Agency (DARPA), spelled out the numerous advantages the Skycar® aircraft could offer the military in its effort to win the war in Afghanistan. “Poor and unimproved roads and rugged terrain severely limit the use of the MRAP. The Moller Skycar® provides a more cost effective, highly maneuverable, lethal and safe platform for the 21st century soldier to dominate and win in an Asymmetric Warfare Environment. The Skycar® will become the MRAP vehicle of Afghanistan. The ability to safely and rapidly employ soldiers on the battlefield enables us to exercise economy of force on the battlefield, doing more with fewer soldiers.”A Revolutionary Vehicle for the Future, Colonel Larry Harman, then Vice Director of the Combat Service Support Battle Laboratory at Fort Lee, Virginia, discusses the Skycar’s military version referred to as the LAMV (pronounced “lam-vee”), or light aerial multipurpose vehicle.“(The) LAMV will benefit the Army’s battlefield distribution concept tremendously because it will be able to move commodities rapidly when and where they are needed across a widely dispersed battle space. Both air and ground main supply routes (MSR...
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MOLLER INTERNATIONAL INC Files SEC form 10-Q, Quarterly Report

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Results of Operations Three months Ended March 31, 2009 and March 31, 2008 For the three-months ended March 31, 2009, we had a net loss of $183,005 or $0.00 loss per share as compared to a net loss of $702,027 or $0.02 loss per share for the same period of 2008. We continue to pursue the development of the Skycar, Rotapower engine and Aerobot products. We currently propose to produce variations of it M200X, an earlier prototype volantor. Although there is no assurance that this vehicle will meet with success in the market place, the Company is actively seeking support for the program and, if found, may choose to move into the production of these vehicles. Nine months Ended March 31, 2009 and March 31, 2008 For the nine-months ended March 31, 2009, we had a net loss of $1,210,550 or $0.03 loss per share as compared to a net loss of $1,391,813 or $0.03 loss per share for the same period of 2008. As stated above, we continue to pursue the development of the Skycar, Rotapower engine and Aerobot products. We currently propose to produce variations of it M200X, an earlier prototype volantor and are attempting to license the Rotapower engine to a potential manufacturing entity. Going Concern and Liquidity As of March 31, 2009, MI has accumulated deficits of $43,701,261. MI currently has limited recurring revenue-producing products and is continuing its development of products in both the Skycar and Rotapower engine programs. Successful completion of product development activities for either or both of these programs will require significant additional sources of capital. Continuation as a going concern is dependent upon MI's ability to obtain additional financing sufficient to complete product development activities and provide working capital to fund the manufacture and sale of MI's products. These factors raise substantial doubt as to MI's ability t...
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MOLLER INTERNATIONAL INC Files SEC form 10-Q, Quarterly Report

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Results of Operations Three months Ended December 31, 2008 and December 31, 2007 For the three-months ended December 31, 2008, we had a net loss of $426,351 or $0.01 loss per share as compared to a net loss of $608,715 or $0.01 loss per share for the same period of 2007. We continue to pursue the development of the Skycar, Rotapower engine and Aerobot products. We currently propose to produce variations of it M200X, an earlier prototype volantor. Although there is no assurance that this vehicle will meet with success in the market place, the Company is actively seeking support for the program and, if found, may choose to move into the production of these vehicles. Six months Ended December 31, 2008 and December 31, 2007 For the six-months ended December 31, 2008, we had a net loss of $1,027,545 or $0.02 loss per share as compared to a net loss of $689,786 or $0.02 loss per share for the same period of 2007. As stated above, we continue to pursue the development of the Skycar, Rotapower engine and Aerobot products. We currently propose to produce variations of it M200X, an earlier prototype volantor and are attempting to license the Rotapower engine to a potential manufacturing entity. Going Concern and Liquidity As of December 31, 2008, MI has accumulated deficits of $43,518,256. MI currently has limited recurring revenue-producing products and is continuing its development of products in both the Skycar and Rotapower engine programs. Successful completion of product development activities for either or both of these programs will require significant additional sources of capital. Continuation as a going concern is dependent upon MI's ability to obtain additional financing sufficient to complete product development activities and provide working capital to fund the manufacture and sale of MI's products. These factors raise substantial doubt a...
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MOLLER INTERNATIONAL INC Files SEC form 10-Q, Quarterly Report

Show all filings for MOLLER INTERNATIONAL INC | Request a Trial to NEW EDGAR Online Pro Form 10-Q for MOLLER INTERNATIONAL INC 14-Nov-2008Quarterly Report Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intend...
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MOLLER INTERNATIONAL INC Files SEC form 10KSB, Annual Report

Item 6. MANAGEMENT'S DISCUSSION AND ANALYSIS Year Ended June 30, 2008 Moller International continues its research and development activities on the Skycar project with the objective of improving flight duration and range of the aircraft. These efforts are an extension of successful flights throughout the previous years and extensive ongoing engine tests, which we believe, will result in incremental improvements to the existing prototype, future prototypes and/or production aircraft, should we continue to operate. Staffing levels remained constant as the company continues to control labor costs in an effort to conserve available operating funds. Management was successful in keeping Administrative salaries and wages consistent with last year's level. Seeking additional funding remains a top priority for the company. The Company continues with its initial stages of low-volume production for variations of its M200X, an earlier prototype volantor. Although there is no assurance that this vehicle will meet with success in the market place, the Company is actively seeking support for the program and, if found, may choose to move more rapidly into the production of these vehicles. Fiscal 2008 compared to 2007 Results of operations for the 2008 fiscal year varied from 2007. We incurred net losses of $2,004,555 and $2,676,261 in fiscal 2008 and 2007 respectively. Consolidated loss per share was $.04 and $.06 for the 2008 and 2007 fiscal years, respectively. We generated no significant amount of revenue in either fiscal year. We are currently using cash to fund operations at an approximate rate of $117,000 per month, net of engineering revenue received, the deferral of certain executive salaries at an annual rate of $250,000, the deferral of building rent of $496,800 per year and the recognition of compensation expense related to the fair market value of stock issued for services and stock options granted to our employees of $257,406 and $267,777 in fiscal 2008 and 2007, resp...
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