Airway Power Technologies, Inc., a company established in 2001 to develop and market an innovative on-board electric vehicle (EV) battery charging/propulsion system named "Airway." This system aims to address the primary limitations of current EVs and hybrid electric vehicles (HEVs), specifically their limited range and long recharging times, by utilizing air, not fuel, as its energy source. The company seeks funding to complete research, development, and manufacturing of the Airway system, anticipating substantial sales and profits within a few years by targeting automobile manufacturers, commercial fleets, government agencies, and the aftermarket consumer with their environmentally friendly, zero-emission solution