LM Electroplating was recently involved in a top secret F1 development project.
To demonstrate the credibility of Bishop Innovation's rotary valve technology, it joined forces with Mercedes-Ilmor to develop the technology for use on their V10 Formula One engine. As events have turned out, its strategy was destroyed by a change in engine regulations.
A comprehensive description of the technology can be found in a 2007 Special for the magazine AutoTechnology. (AutoTechnology is the magazine of FISITA - the world body for automotive engineers.)