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Sat March 22, 2014
AMJET Lands Federal Grant
A potential Keokuk industry is getting a financial boost from the federal government.
AMJET Turbine Systems will receive $1-million from the U.S. Department of Energy to build a full-size version of its micro-hydroelectric turbine.
The company says the size of the turbines will eventually allow them to be placed in a wide variety of waterways.
AMJET is still in line for a $10-million grant from the Department of Energy, which could allow mass production to get begin.
Keokuk and Lee County are each investors in the company.
State and Federal Grants
Award Announced Nov. 15
Permit Expires Soon