We've already talked about how potent the Grail Engine is, and how it boasts better fuel economy and efficiency than a normal two-stroke engine. But where could it be used? Well, just about anywhere, Riley said.
"It could be applied to every area of life, from automobiles to aircraft, and recreational and industrial engines," he said. "We have a lot of interest in different areas."
Besides carmakers, Riley said the Department of Defense has expressed interest, but he said he can't talk about exactly what that project is. Also, it could make an ideal helicopter engine, he said.
While the current prototype Grail Engine is 500 cubic centimeters, the scientists are working on larger models, including 1,000 cc and 2.5-liter engines.
Plus, Riley says he and his employees are motivated by a desire to make the world a better place, not to get rich. Their goal is to get existing car companies to produce licensed versions of the technology. He hopes it might also pave the way for a greener future. "We don't want to put anyone out of business," Riley said. "We want to help people. We want to change the world for better."