Industrial Heat LLC the company that owns the rights to Andrea Rossi’s e-cat low energy nuclear reaction (LENR) technology has signed a major deal to transfer technology to China.
HydroFusion reported that Industrial Heat backer and Cherokee Partners CEO Tom Darden had signed an agreement to partriciate in the Baishishan International Innovation Park of China-US Science and Technology this appears to be a technology park similar to the Research Triangle in North Carolina where Industrial Heat is based.
The government of the People’s Republic is apparently planning to invest $121 million in LENR technology at the park. News reports did not say what technology would be involved or if Rossi’s technology would be among those transferred. Darden apparently signed the deal on October 20, 2015, according to this document.
This is apparently one of several LENR projects that Industrial Heat is involved in. It apparently owns a number of technologies so any of them could among those transferred to China. What is purported to be a “statement from Industrial Heat” is floating around the internet right now, I picked it up via E-Cat World which got it from something called Vortex-L and attributed it to Marianne Macy of Infinite Energy magazine.
“Industrial Heat has licensed, acquired or invested in several LENR technologies from around the world,” the statement reads. “We have developed a group of LENR thought leaders, and we have built a world-class engineering team. We are pleased with the technologies we have assembled and with the group of scientists and engineers working on them. Presently, the Industrial Heat team is in the midst of assessing and prioritizing the technologies in our portfolio.”
This sounds authentic because it is in line with statements that Tom Darden made last year. Unfortunately only of the technologies Rossi’s E-cat has been identified. One has to wonder if Industrial Heat which has the backing of a billionaire (Darden) is also bankrolling the work by Parkhomov in Russia and Piantelli and Celani in Italy as well as firms like Brillouin and Jet Energy in the United States.
It could be involved in other efforts as well. One strong possibility is that some LENR researchers might want to keep their work secret for a variety of reasons.
Still it sounds as if Industrial Heat is becoming a sort of international clearing house for LENR. Hopefully this will lead to serious funding and commercialization which is what this field needs.