I went back and Thanked Xist too.
So it is a Brayton cycle, just translated away from the rod and wheel paradigm. I still don't understand the hubless design, but maybe it has something to do with the aviation focus.
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Note: This technology is projected to be capable of flying through a flock of birds, volcanic ash, smoke, and sand without skipping a beat, as well as the highest altitude flying capability that exists. Also does not require rotor seals at all. Tight tolerances and high RPMs solve that problem, not enough time for the air to leak when running!
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Neat! Especially as it's self-cooling.