American Power Group (OTC PINK: APGI) reported over $250,000 in new S4000 stationary dual fuel conversion orders from its certified dealer/installer network. The company also has $2 million+ of additional outstanding quotes and an installed base above 1,500 systems with more than 25 million cumulative run hours.
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Positive
Receives over $250,000 in new S4000 stationary dual fuel orders
Reports an additional $2 million+ in outstanding stationary dual fuel quotes
Installed stationary/off-road dual fuel base exceeds 1,500 systems since 2010
High‑horsepower applications surpass an estimated 25 million cumulative run hours
S4000 system can displace up to 65% of diesel fuel with natural gas
Negative
Dual fuel conversion business has incurred losses in prior fiscal years
Company may require additional financing to grow its dual fuel business
Relies on third parties to manufacture, distribute and install products
Future growth depends on emissions regulations and potential EPA approvals
APGI stock is thinly traded and its share price may be volatile
Exercise of stock options and warrants will cause shareholder dilution
- Stationary Oil/Gas Quote Activity Accelerating Given Current Global Events-
ALGONA, IA / ACCESS Newswire / June 1, 2026 / American Power Group Corporation ("APG") (OTC PINK:APGI) the leading U.S. based dual fuel diesel engine conversion technology company announced today that it has received approximately $250,000+ of stationary dual fuel conversion orders from its network of stationary certified dealer/installers. APG's stationary/off-road dual fuel installation base has exceeded 1,500 installations since 2010 and surpassed an estimated 25 million cumulative run hour milestone in high-horsepower applications which attests to the reliability of APG's dual fuel solution.
Chuck Coppa, APG's CEO/CFO stated, "We are pleased to see a measurable increase in quotation activity by our stationary certified dealer/installer network over the past several months. Despite the recent dramatic rise in gas and diesel prices, oil/gas field service companies remain cautious and thoughtful in their efforts to re-establish drilling activities which is why APG's S4000's reputation for the high up-time and the lowest TCO in the dual fuel sector is so appealing."
Mr. Coppa added, "In addition to these recent stationary dual fuel conversion orders, we currently have an additional $2 million+ of outstanding customer quotes spread among several of our stationary dealer/installers and are working diligently to convert these quotes into actual orders. Displacing up to 65% of the diesel fuel with natural gas has an enormous impact on operating costs, emissions and of course carbon footprint for operators using our technology."
APG's S4000 dual fuel technology seamlessly introduces natural gas from renewable, fossil or treated field gas into the induction system of a diesel engine, displacing up to 65% of the diesel fuel. The S4000 system does not change any of the OEM diesel engine components, maintaining base engine temperature and pressure parameters of the OEM engine. In
Generator power ratings from 100kW to 12MW have been successfully converted to APG's dual fuel technology on a wide array of OEM diesel engine platforms including:
American Power Group's subsidiary, American Power Group Inc., ("APG"), provides cost-effective alternative fueling solutions for diesel engines to significantly reduce methane criteria pollutants and help accelerate a low-carbon future. APG's Dual Fuel conversion technology is a unique patented hardware and software solution that enables high-horsepower diesel engines to safely displace up to 65% of diesel fuel with natural gas. Engines equipped with APG's Dual Fuel technology can use renewable natural gas (RNG), compressed natural gas (CNG), liquefied natural gas (LNG), captured flare-stack methane and conditioned well-head gas resulting in lower cost, lower carbon, and lower criteria pollutant emissions. Additionally, APG's Dual Fuel conversion technology remains fully compatible with eligible biodiesel blends and renewable diesel fuels further reducing a diesel engine's carbon footprint and provide users with a proven regulatory compliant technology.
Caution Regarding Forward-Looking Statements and Opinions
The matters described herein contain forward-looking statements and opinions, including, but not limited to, statements relating to outstanding dual fuel conversion quotes for $2 million + and our ability to turn these quotes into actual orders. These forward-looking statements and opinions are neither promises nor guarantees but involve risks and uncertainties that may individually or mutually impact the matters herein, and cause actual results, events, and performance to differ materially from such forward-looking statements and opinions. These risk factors include, but are not limited to, the fact that we may not be able to convert the $2 million+ of quotes into actual orders, the fact our dual fuel conversion business has lost money in prior fiscal years and the risk that we may require additional financing to grow our business, the fact that we rely on third parties to manufacture, distribute and install our products, we may encounter difficulties or delays in developing or introducing new products and keeping them on the market, we may encounter lack of product demand and market acceptance for current and future products, we may encounter adverse events or economic conditions, we operate in a competitive market and may experience pricing and other competitive pressures, we are dependent on governmental regulations with respect to emissions, including whether EPA approval will be obtained for future products and additional applications, the risk that we may not be able to protect our intellectual property rights, factors affecting the Company's future income and resulting ability to utilize its NOLs, the fact that our stock is thinly traded and our stock price may be volatile, and the fact that the exercise of stock options and warrants will cause dilution to our shareholders. Readers are cautioned not to place undue reliance on these forward-looking statements and opinions, which speak only as of the date hereof. Except as required by law, the Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements and opinions that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Investor Relations Contact: Chuck Coppa, CEO/CFO American Power Group Corporation 978-729-9183 ccoppa@apgdualfuel.com
What S4000 stationary dual fuel orders did American Power Group (OTC PINK: APGI) announce on June 1, 2026?
American Power Group announced securing over $250,000 in new S4000 stationary dual fuel conversion orders. According to American Power Group, these orders come from its certified dealer/installer network serving stationary oil and gas applications amid increasing quotation activity.
How large is American Power Group's installed base of stationary and off-road dual fuel systems?
American Power Group reports an installed stationary/off-road dual fuel base exceeding 1,500 installations since 2010. According to American Power Group, these high-horsepower applications have accumulated more than 25 million run hours, which it views as evidence of reliability in demanding operating environments.
What is the value of outstanding S4000 stationary dual fuel quotes APGI is trying to convert into orders?
American Power Group currently has over $2 million of outstanding stationary dual fuel conversion quotes. According to American Power Group, these potential orders are spread across several certified dealer/installers, and management is working to convert the quotations into confirmed contracts.
How much diesel can APG's S4000 dual fuel system displace with natural gas in stationary engines?
The S4000 dual fuel system can displace up to 65% of a diesel engine's fuel use with natural gas. According to American Power Group, it introduces renewable, fossil, or treated field gas into the induction system without changing OEM engine components or base operating parameters.
What key investment risks did American Power Group highlight for APGI shareholders?
American Power Group cited several risks, including prior losses, possible need for new financing, and reliance on third-party manufacturers and installers. According to American Power Group, additional risks include regulatory dependence, thin trading in APGI shares, price volatility, and dilution from option and warrant exercises.
Which diesel engine platforms can American Power Group's dual fuel technology support?
American Power Group indicates its dual fuel technology has been used on generator ratings from 100kW to 12MW across many OEM platforms. According to American Power Group, supported brands include Caterpillar, Cummins, MTU, Detroit Diesel, MAN B&W, John Deere, Komatsu, Wartsila and others.
