I designed the logo by making sure two arrows are chasing each other around the AX like the ring of saturn, no other shape was added, except all you requested in your post description. I hope it meet up with your expectation.Hello @learnelectronics here is my proposal, i made the logo based on your description and sketch.
Thank you. I like the font and the rings. Nice design.
Am glad you like it @learnelectronics