Industrial Heat Has Acquired Andrea Rossi's E-Cat Technology

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.

http://www.e-catworld.com/2014/01/interpreting-the-industrial-heat-press-release/

Industrial Heat’s Acquisition of E-Cat is Major Endorsement of Rossi, Boost for LENR
Posted on January 25, 2014 by admin • 169 Comments

Today’s announcement by Industrial Heat, LLC of its acquisition of the rights to Andrea Rossi’s E-Cat technology is one of the most important milestones in the whole LENR story to date, in my opinion. We now have a company founded by serious and experienced professionals (JT Vaughn and Tom Darden, both of Cherokee Ivestment Partners) who have put serious money behind Andrea Rossi’s invention, and who have come out publicly in favor of it.

For years Andrea Rossi’s claims have been dealt harshly with by critics and skeptics who seem to have had a lot of sway over public opinion, and the E-Cat has not been taken seriously by most opinion-makers in science or the media. I believe that today’s announcement will be the beginning of a change in the way people view the E-Cat. I don’t expects skeptics to back off right away, but in time I think their objections will become less and less credible, and their influence will significantly diminish.

It should be noted that in today’s press release, Industrial Heat cites not only the Levi report published last year as being the means of validating the technology and convincing them to make the E-Cat acquisition; they also mention that “in addition, performance validation tests were conducted in the presence of IH personnel and certified by an independent expert.”

I see no credible reason for Messrs Vaughn, Darden, and other investors to take this step, other than the fact that they know the technology is real and that it works at acceptable industrial levels of performance. These people will certainly have been aware of the controversial nature of this technology, and would surely not have taken this step lightly, knowing that investing in something fraudulent could severely damage their reputations and thus their current business interests. They will most certainly have consulted qualified experts to double check everything regarding Rossi’s technology before making the purchase.

Then, there was the important announcement made by Rossi last summer about how his partner had been able to make an E-Cat from scratch in their factory, without his help, and it worked just as well as those that he made. This must have been a very significant moment for all involved.

My guess is that today’s announcements will send ripples all around the world. There are informed people all over the world who have been paying attention to the E-Cat, and this vote of confidence by Industrial Heat, LLC, to step out of the shadows and publicly endorse the technology will not go unnoticed by smart and serious observers. And this press release will have done more than convince people of the E-Cat is real. It has shown that the field of LENR is a legitimate area of research and development. There will surely be people who realize that if Andrea Rossi can make something like the E-Cat, then others can too. Once a discovery this important has been confirmed, then ambitious and curious people will be trying to equal and surpass Rossi’s achievement.

I think this is a very big day for Andrea Rossi — but it could turn out to be a bigger day for LENR in general.

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