Berkley, Calif., based Brillouin Energy Corporation hopes to start licensing its low energy nuclear reaction technology to manufacturers and power companies next year. Brillouin’s CEO Bob George and President and Chief Technology Officer Robert E. Godes made that announcement in an interview on Gary Hendershot’s Smart Scarecrow webcast on September 12.

The interview was apparently the launch of an effort to raise venture capital to finance the next round of Brillouin’s efforts to develop a working LENR boiler technology. The technology is currently being tested at the SRI International laboratory in California by Dr. Michael McKubre. Brillouin has also been able to raise $20 million in venture capital.

George who is a venture capitalist said Brillouin will need more money to commercialize the technology. He and Godes said the company is close to commercializing two separate LENR devices. A wet boiler that will heat water and could be used for commercial heating purposes and a hydrogen hot tube that could be used to replace coal fired boilers in power plants.

Brillouin’s current business plan is to license the technology to manufacturers and power plant operators or utilities. The company will make money from a licensing fee and continuing royalty payments. George said the lower temperature wet boiler could be sold to manufacturers of home heating equipment.

Godes has installed a hot water heating system in his house in Berkley so he could install and test the Brillouin wet boiler technology there, George said. The 14 inch tall wet boiler would replace the burner in a hot water heater Godes said.

The system being tested at SRI would heat a gas to 600 degrees centigrade (1200 degrees Fahrenheit) the gas would be used to turn a turbine to generate electricity. George said he hopes to sell the system to utilities that are being forced to close coal fired power plants because of changing air pollution regulations.

George said that Brillouin will remain a privately held company and make its money from licensing the technology. He estimated the potential market as a multi-billion dollar industry. Godes described the business model as similar to Intel consumers wouldn’t see Brillouin products on the shelves instead they’d see furnaces, boilers, water heaters and other devices with Brillouin inside.

Google Interested in LENR

George also stated that large companies from Europe and Asia are interested in Brillouin but he didn’t name any of them. George did say that scientists from Google had examined the hydrogen hot tube at SRI. George didn’t say if Google is involved with his company or not. He also said that scientists from the U.S. Navy had examined the device as well.

When asked about the time table for commercialization. George replied, “we’re looking at about this time next year.”

Godes admitted that neither the wet boiler or the hot tube is ready for prime time yet but both are very close. Godes and George like to play things close to the vest and they don’t like to grandstand. They wouldn’t be making this kind of announcement if they weren’t confident that they were close to having a commercial product.

It looks like Brillouin might be the company that brings LENR to market. All it would take is one successful LENR device on the market to attract real venture capital to the field and make it into a viable industry.

I’ll have more on this subject including Godes views on the science of LENR at our sister blog real soon.