|By PR Newswire||
|January 24, 2014 02:01 PM EST||
-Company focused on making the technology widely available-
RESEARCH TRIANGLE, N.C., Jan. 24, 2014 /PRNewswire-USNewswire/ -- Industrial Heat, LLC announced today that it has acquired the rights to Andrea Rossi's Italian low energy nuclear reaction (LENR) technology, the Energy Catalyzer (E-Cat). A primary goal of the company is to make the technology widely available, because of its potential impact on air pollution and carbon dioxide emissions from burning fossil fuels and biomass.
"The world needs a new, clean and efficient energy source. Such a technology would raise the standard of living in developing countries and reduce the environmental impact of producing energy," said JT Vaughn speaking on behalf of Industrial Heat (IH).
Mr. Vaughn confirmed IH acquired the intellectual property and licensing rights to Rossi's LENR device after an independent committee of European scientists conducted two multi-day tests at Rossi's facilities in Italy.
The published report by the European committee concluded, "Even by the most conservative assumptions as to the errors in the measurements, the result is still one order of magnitude greater than conventional energy sources" [referring to energy output per unit of mass]. The report is available online at http://arxiv.org/abs/1305.3913. In addition, performance validation tests were conducted in the presence of IH personnel and certified by an independent expert.
Since acquiring Rossi's technology, IH has engaged in a broad-based effort to protect it by preparing numerous patent applications related to the core technology as well as associated designs and uses.
Tom Darden, who co-founded Cherokee Investment Partners, a series of private equity funds specializing in cleaning up pollution, is a founding investor in Industrial Heat. He is one of a small group of like-minded investors who are supporting this technology because it could significantly address a number of social and environmental challenges. They have committed to make it broadly available because of its potential for impact. IH is considering partnerships with industry participants, universities and NGO's to ensure the technology is developed in a thoughtful and responsible manner.
JT Vaughn manages Industrial Heat. He is the founder of Cherokee McDonough Challenge, an accelerator for environmental startups, and a leader in the startup community in the Research Triangle.
Companies or organizations interested in partnering with Industrial Heat should reach out to JT Vaughn at [email protected].
CONTACT: JT Vaughn, [email protected], 919-649-5299
SOURCE Industrial Heat, LLC
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 24, 2016 05:00 AM EDT Reads: 2,030
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Aug. 24, 2016 04:30 AM EDT Reads: 2,156
Aug. 24, 2016 03:30 AM EDT Reads: 2,896
Aug. 24, 2016 02:45 AM EDT Reads: 1,774
Aug. 24, 2016 02:00 AM EDT Reads: 1,380
Aug. 24, 2016 01:45 AM EDT Reads: 1,250
Aug. 24, 2016 01:45 AM EDT Reads: 1,844
Aug. 24, 2016 01:00 AM EDT Reads: 1,571
Aug. 24, 2016 12:45 AM EDT Reads: 2,045
Aug. 24, 2016 12:30 AM EDT Reads: 1,842
Aug. 24, 2016 12:00 AM EDT Reads: 2,796
Aug. 23, 2016 11:30 PM EDT Reads: 2,205
Aug. 23, 2016 11:00 PM EDT Reads: 3,481
Aug. 23, 2016 09:15 PM EDT Reads: 1,642
Aug. 23, 2016 09:00 PM EDT Reads: 2,969