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.
Andrea Rossi is planning yet another “public demonstration” of his ecat low energy nuclear reaction (LENR) technology. He also claims to have new partners to replace Industrial Heat and Tom Darden; with whom he is now in an all-out legal war.
On May 7, 2016; Rossi made the lowing post on his blog:
This preliminary demonstration will be given to our Partners and it will be fundamental to decide the eventual scheduling of our work. If of course, these partners; actually exist.
Any information related to it is, obviously, classified. When I say “Partner” I mean also our new allies with which we are preparing the massive production of the product.
Thank you for your wishes to our great team.
The partners are not identified, hopefully that relationship will work out better than the one with Darden and company.
There’s another very good reason to be afraid of global warming it could cause serious food shortages. Reports from NASA and other organizations indicate that rising temperatures created by greenhouse gases could make it a lot harder to grow food in the near future.
More and more regions of the Earth are simply getting too hot to raise crops in satellite images reveal, NASA’s Chief Scientist Ellen Stofan told Business Insider. Temperatures over 95 degrees Fahrenheit (35 degrees Celsius) interfere with photosynthesis – the process by which plants convert carbon dioxide into carbohydrates (food) – according to Stofan.
A NASA analysis of global temperature anomalies from 1880 to 2014 revealed that the number of places in the world where temperatures regularly reach those numbers is growing fast. This includes some heavily populated areas including Southeast Asia, the Himalayas and Southern Africa.
California is in the midst of a catastrophic drought that could affect food prices all over world. What’s truly interesting is that something like low energy nuclear reaction (LENR) or cold fusion could be the solution to this crisis.
If the drought continues California only has about one year’s supply of fresh water left, NASA scientist Jay Famiglietti wrote in a recent Los Angeles Times op-ed. Familgletti a hydrologist looked at satellite data and made the alarming discovery that the Golden State has just enough fresh water left in reservoirs and underground aquifers for one year of use at current consumption levels.
What is truly disturbing is that California is not alone in an article for National Geographic last year, Famiglietti warned that aquifers all over the world and throughout the American West were being pumped dry. He predicted massive water shortages in the US, China, the Middle East and elsewhere if nothing is done.
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:
2014 turned out to be a really exciting year in low energy nuclear reaction (LENR) or cold fusion even if we didn’t get the breakthrough we wanted. The field made progress and took some surprising twists and turns.
The biggest and most important LENR story of the year had to be the entry of the American private equity firm Cherokee Partners into the cold fusion area. Cherokee purchased the rights to Andrea Rossi’s e-cat LENR device for $11 million and set up a company called Industrial Heat LLC to manage it.
This story is important because it shows that serious investors are interested in LENR and willing to put money into it. Hopefully many other investors will follow Cherokee’s Tom Darden into the field.
So far Industrial Heat has not unveiled a practical LENR device yet but it does seem to be laying a good ground work for commercialization. Hopefully they’ll unveil something in 2015.
The world is facing something that most of us would have thought impossible just a few years ago – an energy glut. That will have big implications for cutting edge power sources such as Low Energy Nuclear Reaction or LENR as well as the established energy conglomerates.
One impact you’re probably already seeing is at your local gas station. Various sources are reporting that regular unleaded gasoline is now selling for under $2 a gallon around or around 66¢ a liter in some parts of the American Midwest. This is driving up US retail sales, the wholesale club Costco, now America’s second largest retailer; reported that its sales increased by 7% in November.
This is sure to fuel economic growth in the United States and countries that sell to the USA such as China. It’s also sure to hurt countries that depend on oil imports such as Russia where the Ruble is collapsing and Venezuela. One side effect of falling oil prices is that Venezuela can no longer afford to support the Castro brothers’ revolutionary fantasy in Cuba. The Venezuelans were propping up Cuba with their oil money but now they are broke.