E-cats at Andrea Rossi's Facility in Bologna, Italy
Yet some more information has been seeping out. The Watts Up With That blog has detailed some more information about the men behind AmpEnergo. Among other things it states:
Robert Gentile who was assistant Secretary of Energy for Fossil Fuels during the administration of President George H.W. Bush (the last President Bush’s father) in the early 1990s also served or is serving as president of Rossi’s company the Leonardo Corporation.
The Leonardo Corp owns the e-cat technology, AmpEnergo would license it and sell it. The Leonardo Corp is apparently headquartered in Bedford, New Hampshire, even though Rossi apparently lives and works in Miami. He also maintains a laboratory and workshop near his native Bologna, Italy, to add to confusion.
The Leonardo Corp shares the phone number of the Norwood Group, a large commercial real estate brokerage (estate agent for our friends in the UK) that is based in Bedford. Karl Norwood, the head of the Norwood Group is apparently a partner in AmpEnergo. The Norwood Group is an affiliate of NAI Global. The Norwood Group also works in other businesses including construction.
Craig Cassarino who serves as the spokesman for AmpEnergo (at least he gave an interview to Sweden’s NyTeknik as far as I know the only time anybody connected to AmpEnergo has gone on the record to talk about their activities) serves as New Hampshire’s Commercial Consul in Brazil or a representative in Brazil. Mr. Cassarino apparently makes his living representing American businesses in Brazil.
Robert Noceti another AmpEnergo Partner has an undefined connection to the National Energy Technology Laboratory. A research facility run by the US Department of Energy. He also works with something called LTI Associates, I do not know what that.
Other than this it looks like AmpEnergo just like Andrea Rossi is keeping security tight. My guess is this is to protect its technology secret in order to keep people from swiping it and selling it. The purpose of AmpEnergo is to license e-cat technology much the way Microsoft licenses people to use computer software. To do that they will have to have a patent in place
I’ve heard a rumor that the US patient office has an unofficial policy against approving “free energy” devices. I predict that the common strategy of such firms will eventually be to design, manufacture, and market, before patients are in place. Worry about patient lawsuits later. When the 1 megawatt Rossi E-Cat is publicly announced in the US late October (along with mainstream media coverage and public expert verification), it will probably cause a financial market disruption, and investors will be looking for LENR energy companies to invest in. It will be the dot.com boom all over again. The key will be garnering market share then, not getting the patients nailed before going into production.
It could happen, remember markets and investors are irrational. I don’t know if the patent office is against free energy technology. Please not there is no such thing as free energy only cheap energy. Rossi has not said if he has a US patent, if he has applied for one or when he would get it. It is entirely to sell products that are patent pending. Just take a look at a lot of the stuff in your house it says patent pending.
After reading about E-cat I have to wonder just what is there to invest in? It seems anyone who can assemble plumbing fittings can manufacture the E-Cat.
There is no “process”, no “high-tech” manufacturing, no infrastructure to develop.
Outside of of making a finely granulated Nickel powder it is just pretty much garage technology.
Understanding it may be a bigger issue and of course with understanding comes refinement and improvement and new patents and control.
You can not patent what you do not understand. And there-in lies the rub.
Maybe the next investment opportunity will be in existing grid demolition?
Of course it needs to be demonstrated by credible individuals.
Good question. First we would have to have a working device. Of course anybody with a little electronic know how can build a computer. That does not seem to affect Apple’s stock price. It will be a marketable device that will make the money.
Actually as part of successful lobbying to the Obama administration patents have nothing to do with first to build or understand devices. It goes to first to apply for such a patent. The little guy no longer has a chance to patent his inventions. If they work some one with no understanding and a better legal time wins ever time. This change in patent law was done to prevent little guys getting a patent for something they invent. Big companies hated the little guy getting patents.
True. Obama has little control over the patent process. He could do a lot to promote e-cat by having the federal government and the military buy it. Putting one in the White House would be a good gesture. All the money from federal contracts would really help Rossi. You’d think he’d want a real green breakthrough. Oh well the Pentagon knows about it and they’ll buy it. Note in a few years when Obama gives Rossi a medal and calls him a great man we can all have a chuckle about this.
Excuse the double post, but it ought to be explained: there is a roughly 100 trillion dollar pool of assets in conventional energy. If just a small fraction of that money was to be moved to LENR research, design, manufacturing, and marketing, as can reasonably be expected if the October American launch of the 1 megawatt Rossi E-Cat goes well, it will be much bigger than the dot.com boom of the 90′s. For instance, there is tens of billions of dollars now being invested in Canadian Oil Sands. The Rossi E-Cat is at least twenty times cheaper (and clean), so you can reasonably expect the value and financing of the Canadian Oil Sands to shift to this new far far cheaper energy technology.
Great point. It will take time though.
LTI is Leonardo Technologies Inc. which, I assume, is associated with Leonardo Corporation.
From what i can tell, rossi used to have a stake in LTI, but sold out to pursue New Fire. Leonardo Corp was launched with Gentile for this express purpose.
Since both are private companies it’s hard to tell but that’s my understanding too. Note Rossi is apparently still using an e-mail address at Leonardo Corp so he’s still involved in it. Rossi may have sold his stake to protect Leonardo from lawsuits and claims arising from his failed business ventures in Italy though. It is entirely possible that Gentile is simply acting as a front for Rossi.
I believe that this is a business venture much like Ford’s initial assembly line approach. The technology has been working for 20+ years, to one degree or another. The problem has been in getting a stable stack that has predictable output, and that’s where the E-Cat is apparently standing out as a differentiator from the other lab setups.
Can’t say that I can confirm any of the other affiliations, but the Leonardo Corp website points to “EON slr”, manufacturers of normal diesel power generators (aka “gensets”). See their site here: [http://leonardocorp1996.com/].
As for the economic impact, I too am of the opinion (FWIW) that having this widespread will at some point tip the scale and upset the current entrenched economic interests. After all, how can this be taxed and how much revenue will the current incumbents lose when homes and industrials come off the grid?
Interestingly enough, AOL still has somewhere in the ballpark of 3.5 million dial-up users. Talk about being slow to adopt new technology. In all seriousness, there will be a wave of early adopters who can create enough of a demand curve that eventually (just like the cell phone) it will become ubiquitous as pricing comes down.
So all the affiliations and collaborations aside, if these guys are on the up-and-up about the system producing stable energy, then who really cares about who’s in bed with whom? Let’s get on the bandwagon and start getting this out to the market!
Gee and here I thought my brother was the only guy in the universe using dial up. Note Henry Ford didn’t start mass producing automobiles until over 20 years after Benz had demonstrated a practical one. Rossi does remind me of Ford and the Wright Brothers. He’s a real inventor and entrepreneur just like them and Edison and Steve Jobs. The tax issue will be a tough sell politicians and other crony capitalists make a fortune of taxes should be afraid. Capitalism is creative deconstruction, the people with the most to loose are the cronies. They are also too stupid to see change until after it occurs. My guess is the grid operators will do what such parasites always do when new technology threatens their income they’ll run to the politicians and scream for a subsidy just like the auto industry and Wall Street did. The politicians knowing that they’ll get big campaign donations out of it will comply. I can’t wait for e-cat or something similar to come to market. It will be revolutionary. But let’s make sure it works before we promote it.
Go AmpEnergo We in Miami can not wait to get units here and see our 300-400 a month light bills go down
Best of luck and good fortune to you and MR Rossi