The United Kingdom’s most respected manager has invested nearly $40 million in low energy nuclear reaction (LENR) research and nobody noticed. Neil Woodford CBE invested £32 million ($39.94 million) of his clients’ money in Industrial Heat’s LENR research efforts, The Financial Times (Britain’s equivalent to The Wall Street Journal) reported.
Woodford is one of the most respected fund managers in the City of London. He placed .24% of his £9.4 billion ($11.73 billion) equity fund and 2.43% of his £761.4 million ($950.42 million) “patient capital fund” in Industrial Heat last year, Financial Times writer Kadhim Shubber noted. Strangely enough nobody in the city or the British media seemed to notice until now.
Industrial Heat is the company headed by Tom Darden that bought some of the rights to Andrea Rossi’s e-cat LENR technology. Industrial Heat and Rossi fell out after the company’s experts were unable to verify his claims. Rossi is now suing Industrial Heat for breach of contract, and Industrial Heat is suing him in federal court in Miami.
Leonardo Corporation now has total control of Andrea Rossi’s e-cat low energy nuclear reaction (LENR) technology. The Rossi-headed company took control by ending its relationship with Tom Darden’s Industrial Heat LLC.
“Leonardo Corporation announced today, June 2, 2016, that it has terminated the license granted to Industrial Heat, LLC. for the Energy Catalyzer (“E-Cat”) technology,” a Leonardo Corp press release states. “Effective immediately, Leonardo Corporation has the sole and exclusive right to the E- Cat intellectual property in all territories previously licensed to Industrial Heat, LLC.”
This means that Leonardo Corporation now has the right to market e-cat products in all the world’s major economies.
“The license; previously granted to Industrial Heat LLC, gave the company the exclusive rights to use the E-Cat intellectual property in the geographic territories of North America, Central America, South America, the Caribbean, China, Russia, Saudi Arabia and the Arabian Emirates,” the press release posted on ecat.com states.
Fusion of both the hot and cold varieties is suddenly very hot in the world of technology. Some of the biggest names in the technology businesses are investing big money in various fusion schemes, Fortune reported.
Some of the most noticeable names and investments in fusion include:
There is yet another reason why we should invest heavily in next generation energy technologies such as low energy nuclear reaction (LENR), it could prevent political upheaval. Some analysts are now blaming the Syrian Civil War which helped give us ISIS and a massive refugee problem on global warming caused by Greenhouse Gases.
Over at the American Conservative, hardly a left-wing publication, Rod Dreher notes that Syria underwent a catastrophic drought between 2006 and 2011 that essentially destroyed the country’s economy. Dreher thinks the unprecedented drought was caused by global warming. That led to revolt against the Assad regime which gave rise to a civil war that shows no signs of ending.
This fascinating and really disturbing comic book does a great job of telling the story. In the story, writer Audrey Quinn notes that the so-called experts including journalists and intelligence analysts were taken by surprise by the revolt in Syria they thought the nation was stable until it exploded completely.
There is a lot going on in the world of cold fusion or low energy nuclear reaction (LENR) even if no earth-shattering developments have been reported. Some of the current highlights in the field include:
Many more details of Russian scientist Dr. Alexander Parkhomov’s efforts to replicate Andrea Rossi’s hot e-cat low energy nuclear reaction (LENR) technology are available courtesy of our friends at the Martin Flesichmann Memorial Project.
Project representative Bob Greenyer visited Parkhomov’s laboratory at the People’s Friendship University in Moscow to examine his reactor. Greenyer posted some intriguing data about the device on the Project’s Facebook page including a number of fascinating pictures.
Some of the most interesting data about Parkhomov’s work Greenyer reported includes:
There have been a few important developments in the world of energy that everybody needs to be aware of. The energy industry has become more unstable than ever even without the appearance of disruptive technologies like low energy nuclear reaction (LENR) and it looks like it is about to get worse.
The biggest story is that the collapse in oil prices is destabilizing many countries including Russia and Venezuela. News stories indicate that super market shelves in Venezuela are empty because the government cannot pay for food imports and that nation’s president is frantically traveling around the world begging for loans and foreign aid to keep his country’s economy functioning. Venezuela’s economy is totally dependent on oil exports, take away the oil exports and the result is depression.
It is a rather interesting and very exciting time for low energy nuclear reaction (LENR). Perhaps the most exciting developments are the attempts to replicate and perhaps improve upon Andrea Rossi’s Lugarno demonstration of his ecat technology.
Jack Cole who is described as a hobbyist reported that he has succeeded in achieving some sort of reaction with a mixture of nickel, hydrogen and a special lime based ceramic powder, the LENR-Coldfusion.com website reported. Cole reported that his experiment created 10.6 watts of excess heat. Cole was hoping to produce LENR without the use of lithium a volatile and potentially flammable substance.
The Martin Fleischmann Memorial Project is attempting to do much the same thing with their Project Dog Bone. Updates about that effort are regularly posted on the Project’s Facebook page.
The best way to predict how the commercialization and adoption of low energy nuclear reaction (LENR) could occur is to examine how other technologies were adopted in the past. Then to identify the patterns by which they were adopted it. In other words we need to take a look at history.
History does not exactly repeat itself but it often operates in similar patterns. These patterns sometimes produce different results but they are similar. A pattern for technological development, commercialization and adoption based on past technological progress can be discerned. Here are the highlights of such a pattern: