Posted on 01/24/2014 3:20:15 PM PST by Kevmo
Industrial Heat Has Acquired Andrea Rossi's E-Cat Technology
PR Newswire
RESEARCH TRIANGLE, N.C., Jan. 24, 2014
-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 info@industrialheat.co.
CONTACT: JT Vaughn, jvaughn@industrialheat.co, 919-649-5299
SOURCE Industrial Heat, LLC
Read more: http://www.digitaljournal.com/pr/1700070#ixzz2rMRMg3fi
Please point out where I have ever pushed hot fusion.
IP from a convict doesn’t excite anyone with reason.
You and WW point out hot fusion’s failures to push cold fusion. Failure in one premise proves nothing, valid or not, about a separate premise.
Rossi's criminal record shows zero about the viability of his various technologies. Some skeptopaths try to sell his "Petroldragon" tech as fraudulent, but when he emigrated to the US, he sold the rights to a US company, and that technology made him rich (according to one figure I've seen, $30MM). Which he spent most of in cold fusion research.
"You and WW point out hot fusion’s failures to push cold fusion."
No, we point out VALIDATED SCIENTIFIC EXPERIMENTAL DATA to "push cold fusion". But apparently none of you skeptopaths are interested in actually discussing data, or even bothering to look at it.
We discuss hot fusion in the context of the abject technological failure of the same parties who are denigrating cold fusion as fraudulent. The POINT is that those parties are just as fraudulent (actually much more fraudulent given the comparative dollars spent) as Rossi is sold as being.
"Failure in one premise proves nothing, valid or not, about a separate premise."
And I don't recall either of us ever saying that it did. That is your assumption (invalid).
Now my being skeptical about Rossi’s claims is a pathology....gotcha.
If your objections were limited to "Rossi's claims" I wouldn't have a problem with it, but I don't see your comments as being limited to Rossi at all, but anti-LENR in general.
THAT I have a problem with.
Note here....not "..push Rossi's claims....", but "...push cold fusion....". So you're convicted by your own comment.
Nice selective quoting taken out of context. You’re a clown, good bye.
Really?? I selected the quote totally at random. Are you saying it is "not" representative of your views???
Perhaps you can point me to other comments where you restrict your discussion to Rossi.
"You’re a clown, good bye."
Tch, tch, tch.
Your concern for fraud is duly noted. At best, the fraud for cold fusion amounts to about $50M, while the fraud for hot fusion amounts to about $500M, 4 orders of magnitude higher. So by expending this much effort to combat fraud, we should be seeing you decrying the competing fraudulent technology with 4 orders of magnitude more effort. That is where you have pushed hot fusion over cold fusion.
IP from a convict doesn’t excite anyone with reason.
***This is where you take leave of your senses. Everyone knows that Rossi has a questionable background. So if he’s demonstrating his technology to you, you would be that much more diligent to detect fraud. The fact his technology has overcome the barrier of character is profound evidence. But at that point, you are not using reason, you’re proceeding from an emotional conclusion. Not rational at all.
The POINT is that those parties are just as fraudulent (actually much more fraudulent given the comparative dollars spent) as Rossi is sold as being.
***Rossi could learn a thing or two from the controlled-hot-fusion frauds if he wanted to be a good con man. He has to operate on a close emergence premise of at most 5 years, while the hot-fusion fraud boys have been operating at a 50 year emergence premise. Now THAT’s how to run a con.
good bye.
***That’s all I ask of skeptopaths. It’s obviously not too much to ask.
Now my being skeptical about Rossi’s claims is a pathology....gotcha.
***Where did he say that in the post? Talk about selective quoting, you selectively quote something that isn’t even there. Typical fallacious argumentation style of skeptopath crowd.
What do you think skeptopath means?
It means someone who is pathologically skeptical about LENR. Naturally, you turn it into being skeptical about Rossi. Typical straw argument of ... you guessed it... a skeptopath.
Time for you to put your money where your mouth is and get rich.
How I Made Money from Cold Fusion
http://www.freerepublic.com/focus/f-chat/2435697/posts
Sat 23 Jan 2010 12:28:49 PM PST · by Kevmo · 31 replies · 1,013+ views
Exclusive Article for Free Republic | 1/23/10 | Kevmo
So that was four years ago. How much money have *you* made on it now because you invested your own money into E-cat ?
The answer (for anybody) at this point is "none", since there is no mechanism for individual investment in Rossi's technology. Only institutional investors.
So you question is, let us say, disingenuous.
Wasn’t Rossi supposed to have working, marketable examples in 2012? My bad. I thought he’d be taking individual’s money by now.
Things change rapidly in the development of new technology. I for one never expected any such timetable, having brought products of my own to market. But researchers are always overly optimistic.
And it may well be that the folks who bought his technology required a change in direction. I don't know, you don't know, and none of the folks on this thread know what all the facts are.
BUT, what I "do" know is that the company that bought the technology is complete legitimate, and has an excellent track record of bringing new and highly innovative technology to fruition.
Kevmo made an excellent point upthread....you can bet that the prospective owners have done due diligence both with respect to the technology AND with Rossi's background. The Cherokee investment people are obviously very experienced with the identification of worthwhile new ventures.
The fact of their involvement is a major plus for the reality of Rossi's tech.
Zero. I haven’t found a place to invest. Rossi wasn’t accepting investors, and buyin for such a game is in the tens of $millions.
You seem to have wanted to make some kind of point, but it’s lost. A useless point.
” I haven’t found a place to invest.”
Are none of the companies that are “buying in” publicly traded companies ? You could get in on the ground floor of their success.
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