Licensing would be the Best Way to Commercialize LENR
Licensing would be the best method of commercializing low energy nuclear reaction technology and getting it in wide use. Licensing means to sell or grant somebody the right to use your technology in a specific way.
Licensing is both very common and highly effective. Microsoft licenses other companies to use its software in other ways. Licensing is both cost effective and an excellent stream of income for companies trying to develop a new technology and industry.
Instead of doing all the work necessary to create an LENR car, somebody like Andrea Rossi could license a company such as Ford or Honda that has already has a lot of expertise in the automotive business to do it. Such an arrangement would be to everybody’s benefit the automakers would get a new power source and Rossi would get additional income to finance his research.
Brillouin is already planning to license its LENR technology rather than develop uses of its own. Defkalion is going to use licensing to get its technology into other markets. Instead of spending all the money necessary to get the technology approved in the US, Defaklion could simply license it to an American company that has experience introducing new technology here.
Instead of wasting a lot of time, money and resources trying to build an LENR steam turbine Brillouin is planning to license its technology to companies that build turbines rather than build its own steam turbine. This will get the technology into power plants faster and ensure it works.
Okay licensing arrangements aren’t perfect but they would be the best way to get a technology such as cold fusion into wide use. They would also get far many more engineers, inventors and others working on new uses for it. One top LENR expert Andrea Rossi thinks that LENR powered airplanes are decades away. Two others NASA’s Joseph Zawodny and Dennis Bushnell think it might be possible to develop one in the near future.
There are also probably hundreds or thousands of uses for a technology like LENR that experts in particular fields might think of that we haven’t. A partial list of the many industries that could use this technology includes:
- Cement Manufacturing
- Food Processing
There are probably tens of thousands of commercial applications for LENR out there that nobody has thought of yet. Licensing would enable inventors and entrepreneurs to apply the technology to new fields.
If LENR is really almost here and I think is we could see a burst of creativity comparable to the computer revolution of the 1980s and 1990s. It might be better compared to the burst of invention in the late 19th Century that followed Thomas Edison’s introduction of the light bulb.
We could see hundreds of new industries and inventions creating millions of new jobs and trillions of dollars in revenue. That could fuel a new stock boom and a wave of prosperity that would dwarf the one we had in the 1990s. Licensing of LENR technology of course would be the key to all this.
Low energy nuclear reaction technology could just be the next big boom and investment opportunity. It could also be the key to renewed prosperity for the world.