OMTK sells alternative fuel engine business to Omnitek Corp

Omniteck Engineering sold substantially all assets related to its proprietary alternative fuel conversion technology and new engine business to Omnitek Corp, with the transaction closing October 2, 2026. The divestiture represents a material exit from the company's core technology business; the company has transitioned to ready-mix concrete operations in North Carolina, signaling a fundamental shift in business direction.

The company sold off its main business (technology for converting diesel engines to alternative fuels) to a buyer and is switching to operating a concrete ready-mix business instead. This is a major change in what the company does.