Ann: Carnegie Wave All Energy Presentation-CWE.AX, page-2

	Column 1
0	CETO ‘CHET’
1	CWE purchase of former Aquamarine PTO test rig at the Institute for Fluid Power Drives and Controls (IFAS) at RWTH Aachen University in Germany. Supports ongoing CETO PTO test program including:• Component performance under a realistic duty cycle • System durability, functionality & efficiency. Ongoing collaboration with IFAS Bosch retained to provide design support forCETO 6 PTO

I had wondered whether CWE would be able to pick up something from the Aquamarine Power firesale.

I wonder what CHET means?