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Last $0.55 USD
Change Today +0.0301 / 5.79%
Volume 7.2K
OMTK On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1333 Keystone Way

Suite 101

Vista, CA 92081

United States

Phone: 760-591-0089

Fax: 760-591-0880

Omnitek Engineering Corp. develops and supplies natural gas engines and advanced engine management systems for gaseous fuels worldwide. Products Conversion Kits (Diesel-to-Natural Gas): The company offers a solution to convert diesel engines to operate on natural gas. This diesel-to-natural gas engine conversion technology is the primary product offered by the company. This product is packaged in kit form and is offered in two basic variations. One is designed to work on engines with a turbocharger and the other is designed to work on engines without a turbocharger. Both kits comprise up to 20 individual components depending on the particular kit. The Omnitek engine conversion system enables fleets to ‘overhaul/convert’ diesel engines into natural gas engines. In 2013, the U.S. Environmental Protection Agency (EPA) approved the company’s diesel-to-natural gas engine conversion technology for the widely operated line of heavy-duty Navistar DT466E and DT530E engines under the specific and rigorous criteria related to the agency’s Outside Useful Life definition. In 2014, the EPA approved the company’s diesel-to-natural gas engine conversion technology for the line of heavy-duty all Mack E7 electronic engines up to model year 2006. In addition to the Conversion Kits, the company sells the individual component replacement parts for the conversion kits. The high-pressure natural gas filter is its replacement part, which is also supplied to certain natural gas vehicle manufactures as original equipment. New Natural Gas Engines: The company delivers new purpose built natural gas engines. Natural Gas Components: The company supplies natural gas engine management components to OE and aftermarket customers. The high-pressure natural gas filter is used by OE vehicle manufacturers around the world. Markets Worldwide: The company has the ability to sell and deliver its products anywhere in the world through Omnitek distributors, engine manufacturers, system integrators, fleet operators, engine conversion companies and directly to end-users. The company's conversion technology has been used to convert heavy-duty diesel engines to operate on natural gas worldwide. Approximately 5,000 engines have been converted worldwide utilizing the Omnitek technology. Additionally, within both of those two market groups above, the company can further segregate the marketplace into the following categories: countries that have to import diesel (crude oil) and natural gas; or countries that have to import diesel (crude oil), but have their own supply of natural gas. Sales and Distribution The company has distributors in approximately 12 countries which market and distribute its products. Regulations The company’s conversion technology as applied in the United States is subject to approval from the EPA, as well as certain state agencies such as the California Air Resources Board (CARB) with regard to sales and installations within California. Products and conversion systems that receive EPA certification can be installed and sold in 48 states, but not California and Maryland. Research and Development The company’s research and development expenditures for the year, 2014 included $600,091. History The company was incorporated in 2001 as a California corporation.


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