Earlier quoted context omitted.
From the Aviation Week article that flexie linked: "The team acknowledges that the project is in its earliest stages, and many key challenges remain before a viable prototype can be built." They don't actually say it, but it sounds like they've only got computer models to work with at this point. Not very likely that they've actually cracked it.
Aditional weird: this is the second round of publicity they've had on this project, for what looks like no progress. Why publicise? Why now?
I'm half joking, but I'd keep an eye out for more unusual energy related press releases, to see if that'll confirm that it's a media blitz aimed at the oil market etc.