Royalty Report: Energy Resources & Svcs, Energy & Environment, Alternative and Renewable Energy – Collection: 7608

License Grant

The Chinese Licensor has agreed to grant to the Chinese Licensee the exclusive sublicense to use the Patents and Patent Applications and other Technology in China with respect to electrical generation for commercial and residential structures, not including wind towers.

License Property

The Technology means 48 Chinese patents and 13 related patent applications and trade secrets. Patents include techology regarding Solar energy hot water system for air tower generator; V-type multi-cylinder air power engine; Petro system of air power engines; Gas distribution system to v-type multi-cylinder air power engines; generator system with electro-magnetic assistance6controller to v-type multi-cylinder air power engines in addition to other technology in the power generation field.

Field of Use

The Licensee conducts the business of natural energy power generation system.

License Grant

The Chinese Licensor has agreed to grant to the Chinese Licensee, an affiliate, and Licensee has agreed to obtain from Licensor the exclusive sublicense to use the Patents and Patent Applications as listed and other Technology in China with respect to electrical generation for commercial and residential structures, not including wind towers.

License Property

The Technology is related to PV installations and the air energy storage power generation technology.

The Technology means 61 Chinese patents, related patent applications and trade secrets, including the technology underlying the patents and patent applications.  Agreement Products means the products manufactured by using such 61 Chinese patents, related patent applications and trade secrets.

No.

Description of Invention

1

Solar energy hot water system for air tower generator

2

V-type multi-cylinder air power engine

3

Petro system of air power engines

4

Gas distribution system to v-type multi-cylinder air power engines

5

generator system with electro-magnetic assistance

6

controller to v-type multi-cylinder air power engines

7

Two stroke air power engine assembly

8

Gear box for v-type air power multi-cylinder engines

9

Assembly of compressed air engine with  compress air feedback loop

10

Gear box system for twos troke air power engines

11

Assembly of twos troke air power generator with electro-magnetic assistance
12

Piston components of air power engines

13

Control system of air power engines

14

Multi cylinder power distributor of air power engines

15

Agas distribution system of two stroke V-type eight cylinder air power engines
16

Electro-magnetic assistor of the air power engine assembly

17

multi-body power distributor of air power engines

18

Cylinder head and valve structure of air power engines

19

Compressed air engines with exhausting gas collecting device

20

Exhausting structure of cylinder head of air power multi-cylinder engines

21

Air power engines

22

Lubricating oil system of multi-cylinder air power engines system

23

Cylinder for variable multi-cylinder air power engines

24

Control mechanism of swing variable multi-cylinder air power engines

25

Connecting rod of engines

26

upper box of variable multi-cylinder air power engines

27

Swing  Variable multi-cylinder air power engines

28

Electro-control-chip of variable air power engines

29

An innovated solar energy generating device

30

A frequency variable heating device to generator

31

Mini air power engines

32

Control mechanism of mini air power engines

33

Control system of mini air power engines

34

Gas system of mini air power engines

35

Variable multi-cylinder air power engines

36

Control mechanism of variable air power engines

37

Electro-controlled Gas accelerator of air power engines

38

Heating device of air power engines

39

High frequency conducting heating device

40

Gas distribution system of air power engines

41

Piston oil pump of mini air power engines

42

Shaft system of rotary engines

43

Propeller rotary system of rotary engines

44

Gas inlet and outlet structure of rotary engines

45

Petro system of rotary engines

46

Inlet and outlet gas system of rotary engines

47

Rotary engines

48

High pressure freezing gas deposit tank

49

Piston aerodynamic engine

50

Chute V-type aerodynamic engine

51

Aerodynamic engine power test bed

52

Spiral heat mass exchanger (air heater)

53

30 mpa air medium plasma gas heater

54

30 mpa air medium plasma atmospheric purifier

55

Wide voltage photovoltaic inverter

56

Flywheel increasing device

57

Weak light photovoltaic power generation systems

58

Air energy storage system

59

Air energy generation system

60

No pulse power conversion system

61

Photovoltaic energy storage intelligent control system

Field of Use

This agreement pertains to the natural energy power generation system field.

License Grant

In July 2010, the Company acquired the rights to certain technology for a solar forced air furnace, patent pending, from the Undisclosed Inventors.

License Property

This technology could provide a practical method of delivering forced air heat to homes in cold climates using solar energy. The solar forced air furnace is expected to be used as a stand-alone forced air heating system or in conjunction with an existing forced air furnace. The system is anticipated to provide hot air to heat commercial or residential spaces needing heat during cold weather. The device is designed to collect energy from the sun, concentrate it into heat and transfer that heat to a moving air stream which is circulated into various spaces.

In August 2010, the Company conducted initial tests on prototype equipment and confirmed that the solar forced air furnace system was generating substantial amounts of heat.

Field of Use

The rights granted focus on the development of solar powered products and consumer electronic devices.

License Grant

Licensor, the Company chief engineer, assigned to the Company a patent he obtained for a system and method for using high temperature sources in Rankine cycle power systems.

License Property

The invention relates to an organic Rankine cycle apparatus and method for generating mechanical power from two different heat sources operating at different temperatures using a single apparatus.

Field of Use

Since a merger involving the Licensee, the Licensee has focused on the development, testing and commercialization of electric power systems, in particular, their applicability to thermal and natural gas pipeline operations.

License Grant

The founder of the HARPS technology has granted an exclusive license to develop, manufacture and market the same.

License Property

Intellectual property involved in the transaction involves generation of electrical power using the energy generated by the heat of evaporation of water.

The intellectual property rights are called  Hydro-Air Renewable Power System (HARPS ) which includes two U.S.  Patents,  one  granted on September 3, 1996 (number 5,551,238) and a second granted on July 28, 1998 (number 5,784,886), as well as Air Conditioner Energy  System  (ACES')  which  includes a U.S. Patent (and International filings)  granted  December 28, 1999 (number  6,006,538).  The licensee acquired the intellectual property as part of corporate buyouts.  Licensor is a Director on the Board of Licensee.  At present the technology is dormant and no effort is being made to commercialize because of unfavorable economics.

License Grant

Licensor grants to Licensee an exclusive, royalty-bearing, and non-transferable license to manufacture, have manufactured, use, import, offer to sell, and/or sell, or lease inventions and/or technology covered by the Licensed Technology during the Term, in all Fields of Use. US Patents 8,622,056 Solar Energy Power Generation System and US 9,163,512 Bladeless Turbine.

License Property

The Licensor’s proprietary intellectual property and trademarks are in the field of solar power  technology for energy production.

US 8,622,056 Solar Energy Power Generation System
US 9,163,512 Bladeless Turbine

Field of Use

The Licensee is involved in technologies for exploiting shallow oil and natural gas reserves.

License Grant

The Licensor entered into a License Agreement with the Licensee, a private company based in Kelowna, Canada, granting the Licensee the exclusive rights to manufacture, market, distribute and sell in Canada all electrical power generation products derived from our 2001 patent pending.

License Property

The technology includes patents pending related to electrical power generation.

“Patent Pending”) means the patent application number 2,357,766 filed with the Canada Intellectual Property Office by John Salamon on September 4, 2001 and entitled “Electric Motor Generator (Box) Device for Electric Power” for protection of the design of the Products.

2,357,766 An electric motor generator (Box) device for internal and external electrical applications.
The device is expected to be able to provide electrical power needs of homes, offices, etc., on a small scale. The source of electric energy comes from the motor generator that is expected to re-charge itself, the (Box) device.

Field of Use

That's what makes this device unique.  The device contains internal components including batteries, electrical storage, and an electrical inverter control power system.  The device is 110 volts, plus 12 volt outlet. If the device depletes totally of electric power for any reason, the device can be charged 110 voltage or 12 volt plug in car ect. to re-start the device. There are unlimited applications for this device in Canada and in all regions of the world.

License Grant

Licensor grants to Canadian Licensee during the License Term the exclusive right and license in the Field throughout the Territory to use Licensed Technology and to manufacture, have manufactured, use, market, have marketed, sell and have sold Licensed Products.

License Property

Licensor has invented certain technology, which may be able to economically collect solar energy using a novel method of non-imaging optics. Among other uses, it can produce steam to drive a generator to produce electrical power or produce desalinated water from seawater or brackish water. This technology is herein referred to as “Suncone.”

'Licensed Technology' means Licensor's invention comprising Suncone and the Technology.

A U.S. patent application under the title “Solar Power Concentrator Using Reflective Films” has been filed for this technology.

A new concentrating solar power (CSP) system called Suncone provides an economical method of collecting solar thermal energy for the production of electricity. Suncone can operate at higher temperatures and higher efficiencies than parabolic trough solar collectors and is less expensive than troughs or parabolic dish concentrators. Like the parabolic dish, it must be pointed toward the sun but requires less sun-tracking precision than a parabolic dish or parabolic trough. Suncone is less prone hail damage than troughs or dishes. Extensive patent searches have been made and a patent application has been filed.

Field of Use

'Field of Use' means the collecting of solar energy to generate electricity, desalinate water, and all other industrial applications.

Under the Agreement, the Licensee is responsible for funding the development and commercialization of the technology. The Licensee hopes to develop the Suncone technology into a device that can produce electricity or potable water at locations without access to the electrical grid.

License Grant

The Licensee entered into an Agreement with the Licensee's president, in which the Licensee acquired from Licensor patents, patents pending, designs and contracts related to the bladeless turbine, solar and chemical thermal technologies, and electronic shelf tag technology.

License Property

I. Bladeless Propulsion Turbine technologies including present patents, designs, contracts, hardware and software as related to, but not limited to the following
1) Large-scale electric power generation for public utility,
2) Small-scale on-site electric and thermal power generation for businesses,
3) Miniature-scale on-site electric and thermal power generation for homes,
4) Medium-scale electric and thermal power generation for co-generation cycling on existing power plants
5) Motor transportation

II. Solar Thermal technologies including present patents pending, designs, contracts, hardware, and software as related to but not limited to the following
1) Large-scale, on-site, renewable energy electric power generation for public utility,
2) Small-scale, on-site, renewable energy electric and thermal power generation for businesses,
3) Miniature-scale, on-site, renewable energy electric and thermal power generation for homes,
4) Economical renewable energy production for processing chemicals including alternatives to fossil fuels such as methanol and hydrogen.

III. Chemical Thermal technologies including present patents pending, designs, contracts, hardware, and software as related to but not limited to the following
1) Large-scale, on-site, renewable energy electric power generation for public utility,
2) Small-scale, on-site, renewable energy electric and thermal power generation for businesses,
3) Miniature-scale, on-site, renewable energy electric and thermal power generation for homes,
4) Economical renewable energy production for processing chemicals including alternatives to fossil fuels such as methanol and hydrogen.

IV. Electronic Shelf Tag Display technologies including present patents and patents pending, designs, contracts, hardware, and software as related to but not limited to the following

1) Electronic Shelf Tag Display for retail stores for the purpose of replacing printed shelf tags that facilitate automated inventory control, automatic price changes, automatic item placement for stocking shelves, and automatic display for specials.

License Grant

The Licensee entered into a Diesel Fuel Combustion Technology License with the Licensor, a founder & inventor. The Licensor is a Founder of the Licensee. The Licensor granted the Licensee an exclusive worldwide License to design, engineer, manufacture, market, distribute, lease and sell burner products using the diesel fuel combustion technology, and to sub-License and otherwise commercially exploit the diesel fuel combustion technology.

License Property

The Licensee invented the patented high-frequency valveless 'pulse combustion technology' and the 'diesel fuel combustion technology. A burner unit is a furnace or other combustion chamber which uses the combustion process to convert the chemical energy contained in various fuel sources, such as natural gas, propane, gasoline, diesel fuel, oil, or coal, into heat energy.

Field of Use

The Licensee was developed to market burner units based upon two innovative burner designs acquired under license.

The use of a burner unit to create heat energy is typically the first of a number of steps in which the heat energy is generated for use in a multiplicity of residential, commercial or industrial settings, ranging from simple one-step residential and light commercial applications where the heat energy is used merely to heat air or water, such as the case of space or water heaters, to complicated industrial multi-step applications where the heat energy is subsequently converted into one or more other forms of energy. An illustration of a multi-step industrial application would be electricity generation, where a public utility company first burns oil, natural gas or coal to create heat energy, then uses this form of energy to heat water in a boiler system to create steam energy, then uses this form of energy to run a turbine to create mechanical energy, and ultimately uses this form of energy to create a magnetic field to generate electrical energy.

License Grant

The Company's patent technology and rights were assigned to License, a subsidiary.

License Property

Patent technology right is to Hydrogen Generation System–pellets that store and produce hydrogen on demand.  Each powerball is a sodium hydride sphere which is approximately 1.2 inches in diameter, covered by a polyethylene cover.   A gallon of powerball fuel pellets produces hundreds of gallons of hydrogen upon contact with water on an as-needed basis.  The hydride pellets can be produced using energy from diverse energy sources all over the world such as biomass, natural gas, wind energy, hydroelectric power, and solar energy.

License Grant

The license is exclusive and worldwide for the defined field of use of collecting solar energy to generate electricity, desalinate water and for all other industrial applications.

The Parties entered into an amended and restated technology license agreement with the licensor, pursuant to which we have agreed to license from the licensor certain patent rights and technology which we refer to as Sunconeâ„¢ CSP (Concentrated Solar Power).

License Property

Sunconeâ„¢  CSP relates to the collection of solar energy using a novel method of non-imaging optics, a process which provides an economical method of collecting thermal power for the production of electricity.

These applications are (a) Provisional U.S. Patent Application Serial No. 60/648,865, filed February 1, 2005, and (b) nonprovisional patent applications in the U.S. and abroad claiming priority to that provisional patent application, namely, (b.i) Nonprovisional U.S. Patent Application Serial No. 11/341,628, titled “Concentrating Solar Power” and filed at the U.S. Patent and Trademark Office (USPTO) on January 27, 2006, (b.ii) International Patent Application No. PCT/US06/03071, titled “Concentrating Solar Power” and filed at the USPTO’s Receiving Office pursuant to the Patent Cooperation Treaty (PCT) on January 27, 2006, and (b.iii) Gulf Cooperation Council (GCC) Patent Application No. GCC/P/2006/5739, titled “Concentrating Solar Power” and filed at the GCC Patent Office in the Middle East on January 31, 2006. These applications (a), (b.i), (b.ii), and (b.iii) are hereinafter referred to as the “Patent Applications”.

License Grant

The Hong Kong Licensor shall grant the Chinese Licensee the exclusive right for the manufacture of the WECS under the Agreement and the distribution thereof in the contractual territory, as well as a non-exclusive right to use the industrial property rights and the Contractual Know-how and shall for this purpose deliver to the Licensee all documents, specifications, other technical papers, plans and manuals.

License Property

No.
  
Description
  
Filing
  
Patent-No. PCT

date

1
  
SCD-Trademark Name
  
17.03.07
  

2
  
SCD-Picture Trademark
  
17.03.07
  

3
  
Load transmitting components
  
15.03.07
  
WO2008/000345

4
  
Generator housing for WEC
  
05.04.08
  

5
  
Individual Blade Adjustment
  
11.10.99
  
WO01/27471

6
  
Gearbox assembly for WEC
  
26.04.03
  

7
  
Device for preventing penetration of corrosive salt particle…
  
23.12.98
  
WO00/39459

8
  
Method for laying elect. cables…
  
24.12.98
  
WO00/39903

9
  
Frequency of towers
  
05.04.00
  
WO01/77524

10
  
Offshore-Foundation
  
17.10.03
  
WO2005/040605

11
  
Methods for maintenance
  
17.03.08
  
WO2008/00455

12
  
Mold for rotor blades
  

  

13
  
Parking position

Field of Use

The Licensee has obtained exclusive License rights from the Licensor to manufacture and distribute 2.5/3.0MW SCD wind turbines and 6.0MW SCD wind turbines in China, under a License Agreement dated July 28, 2008 and as supplemented on January 18, 2009.

The Licensee completed our first 2.5/3.0MW SCD wind turbine prototype in May 2010 and delivered and erected it in a tidal flat area in Rudong, Jiangsu Province in August 2010. The Licensee is permitted to build a maximum of three prototype SCD wind turbines in 2009 with the understanding that the 6.0MW prototype will be built approximately 12 months after the 2.5/3.0MW prototype. Upon the Licensor's clearance, the Licensee is able to commence commercial production, subject to an upper production limit of maximum 30 units for the year of 2010, 200 units for the year of 2011, and 500 units for the year of 2012. The production will not be limited from 2012 onwards. Under the licence Agreement with the LIcensor, the LIcensee is generally prohibited from manufacturing or distributing the SCD wind turbines outside of China without consent and subject to certain exceptions. The exclusivity of the License for the 2.5/3.0MW SCD wind turbines and 6.0MW SCD wind turbines will expire on January 1, 2016 and January 1, 2019, respectively, at which time these Licenses will become non-exclusive. Under a supplementary Agreement dated July 2010, the Licensor agreed to provide us with written consent for the installation of 2.5/3.0MW SCD wind turbines for offshore wind farm projects outside of China on a project-by-project basis. In addition, we are prohibited from developing, manufacturing or distributing wind turbines within the same rated power capacity of 2.5MW/3.0MW and 6.0MW by utilizing similar technologies and design principles under the License Agreement outside of China until ten years after the termination of the Agreement. We have the option to terminate this License Agreement by making a one time payment.

License Grant

The Licensor, an individual, grants to the Licensee the exclusive right and license in North America except Canada, South America, and Africa to make and use, to produce the Licensed Products under all patent rights now or hereinafter owned by the Licensor within the territory of North America, South America, and Africa.

License Property

The Licensor is the owner and inventor of certain inventions and products relating to wind energy including technology covered, by eight applications for United States Letters Patent.

Wind turbines take advantage of a free, clean, inexhaustible power source to convert wind energy into electricity.  The generators feed to a power collector panel which, in turn, connects to the power grid.  The MAT is comprised of certain products and technology covered by eight applications for United States Letters Patent by the licensor.

License Grant

Licensor grants to Licensee during the License Term the exclusive right and license in the Field of Use throughout the Territory under the Licensed Technology to manufacture, have manufactured, use, market, have marketed, sell, have sold, import, and have imported Licensed Product.

The rights in Licensed Technology granted by Licensor to Licensee include the right to grant sublicenses as Licensee deems prudent.

Licensor hereby assigns to Licensee any and all of Licensor’s right, title, and interest in and to the mark SUNCONE (the 'Trademark').

License Property

The Licensed Technology to applies it to distributed energy systems, electric power plants, saline water desalination systems, and other applications.

Licensor has invented certain technology which may be able to economically collect solar energy using a novel method of non-imaging optics. Among other uses, this technology may be able to be used to produce steam to drive a generator to produce electrical power or to produce desalinated water from seawater or brackish water.

'Licensed Commodity Product' shall mean generated electrical power or desalinated water or other pumped liquids that are generated or purified, as applicable, using any product or device which, or the manufacture, use or sale of which, is covered by a Valid Claim of the Patent Rights. For purposes of clarity, Licensed Commodity Products are a subset of Licensed Products.

'Licensed Product' means any product or device which, or the manufacture, use, or sale of which, is covered by a Valid Claim of the Patent Rights, including but not limited to Licensed Commodity Products. A solar collector that resembles the invention described in Article 1.2 but does not have a flexible film cone reflector does not fit this definition of 'Licensed Product.' If a cable tracking system defined in the patent application of Article 1.2 is used to point an array of solar collectors, then the cable tracking system part of the system may be a 'Licensed Product' if it is covered by a Valid Claim of the Patent Rights.

These applications are (a) Provisional U.S. Patent Application Serial No. 60/648,865, filed February 1, 2005, and (b) nonprovisional patent applications in the U.S. and abroad claiming priority to that provisional patent application, namely, (b.i) Nonprovisional U.S. Patent Application Serial No. 11/341,628, titled 'Concentrating Solar Power' and filed at the U.S. Patent and Trademark Office (USPTO) on January 27, 2006, (b.ii) International Patent Application No. PCT/US06/03071, titled 'Concentrating Solar Power' and filed at the USPTO’s Receiving Office pursuant to the Patent Cooperation Treaty (PCT) on January 27, 2006, and (b.iii) Gulf Cooperation Council (GCC) Patent Application No. GCC/P/2006/5739, titled 'Concentrating Solar Power' and filed at the GCC Patent Office in the Middle East on January 31, 2006. These applications (a), (b.i), (b.ii), and (b.iii) are hereinafter referred to as the 'Patent Applications'.

Field of Use

'Field of Use' means the collecting of solar energy to generate electricity, desalinate water, and all other industrial applications.

License Grant

The Company consented to the assignment of their sublicensing Agreement with Well to Wire Energy, Inc. dated September 29, 1999 to the Canadian Licensee.

This subLicense Agreement exclusively Licenses within Canada, the use of the Coates Spherical Rotary Valve (CSRV) system technology for industrial engines to be fueled by natural gas to generate electrical power for the oil and gas industry.

License Property

The Company completed development of the prototypes in accordance with this Agreement at the end of 2007.

Additional provisions of the Canadian SubLicense Agreement are as follows

SubLicensee shall have the exclusive right to use, lease and sell electric power generators designed with the CSRV system technology within Canada.

SubLicensee will have a specified right of first refusal to market the electric power generators worldwide.

Upon commencement of the production and distribution of the electric power generators, the minimum annual number of generators to be purchased by SubLicensee in order to maintain exclusivity is 120.  

Until otherwise agreed between the parties, the price per generator shall be $159,000.  We have agreed to pass along to the Licensee savings we expect to realize from economies of scale inherent in high volume production of the CSRV units.

Field of Use

All Licensed rights under this subLicense Agreement related to the CSRV system technology will remain with the Company.  

Coates Spherical Rotary Valve system technology which is adaptable for use in piston-driven internal combustion engines of many types.

The CSRV system technology is designed to replace the intake and exhaust conventional “poppet valves” currently used in almost all piston-driven stationary, automotive, motorcycle and marine engines. Unlike conventional valves which protrude into the engine cylinder, the CSRV system technology utilizes spherical valves that rotate in a cavity formed between a two-piece cylinder head. The CSRV system technology utilizes only a small fraction of the moving parts in a conventional poppet valve assembly. As a result of the design improvements, management believes that CSRV Engines will last significantly longer and will require less lubrication over the life of the engine, as compared to conventional engines.

License Grant

The Cell Technology Transfer and License Agreement provides the Korean Licensee the rights to manufacture carbonate fuel cell components in South Korea based on DFC technology and grants commercial rights to Asian markets.

The Agreement harmonizes two prior License Agreements so that the Licensee has rights to manufacture the entire carbonate DFC power plant.

License Property

The Licensor will collaborate with the Licensee under the License Agreement to provide design and procurement assistance for the facility.

A production facility will be built to produce up to 140 megawatts of fuel cell components annually, with equipment initially procured for an expected annual production volume of 70 megawatts.

Construction will begin in early 2013 and fuel cell component production is expected to start in late 2014 or early 2015.

Field of Use

The Licensee is Korea’s largest independent power producer.

DFC power plants provide ultra clean, efficient and reliable distributed power generation solutions. Direct FuelCells combine a fuel such as natural gas or renewable biogas with oxygen from the ambient air to efficiently produce ultra-clean electricity and usable high quality heat through an electrochemical process. DFC power plants emit virtually no pollutants due to the absence of combustion. Avoiding the emission of nitrogen oxide (NOx), sulfur dioxide (SOx) and particulate matter supports clean air regulations and benefits public health. The high efficiency of the fuel cell power generation process reduces fuel costs and carbon emissions, and producing both electricity and heat from the same unit of fuel further supports favorable economics while also promoting sustainability.

License Grant

Japanese Licensor grants to Licensee, subject to the provisions set out in this Agreement
(a) the exclusive right to employ, promote, distribute, and commercially utilize and profit from the Intellectual Property throughout the world; and

(b) the exclusive right to manufacture and sell the Products throughout the world.

License Property

The Licensor is a technology company specializing in magnesium air fuel cell technology for generating safe, green, reliable and inexpensive off-grid electricity, including the patented Realistic Magnesium Air Fuel System technology which causes electricity to be generated from the chemical reaction of the combination of magnesium, oxygen (air) and a saltwater electrolyte.

Japan – Water Battery – 2008-8180U – Water battery adapted to generate large amount of electricity by having enlarged area contacting with water in an inner circumference surface of a negatively electrode cylinder.

USA – Liquid Holding Container Provided w/ Sensor & Liquid Quantity Measuring System – 10-0701-PCT-US
(????)-  Liquid quantity measuring system having a liquid holding container, which is provided with a sensor that detects that a predetermined quantity of a liquid is contained, and a relatively simple structure for measuring the liquid quantity

Field of Use

The Licensee will purchase the water activated magnesium air fuel cell technology for use in providing safe, clean, low-cost portable energy.

License Grant

The Company hereby grants a non-exclusive world wide license to make, have made, use, and sell the UOB-TM- and to practice the Invention for use with fuel cells and fuel cell systems Only.

License Property

Invention shall mean the invention of a UOB-TM- for producing hydrogen from virtually any hydrocarbon fuel without the use of catalysts and addition of steam although steam may have some uses down-stream and any and all improvements thereto which may hereafter be owned or controlled by Licensor, (hereafter called the UOB-TM- or Invention).

Our products provide an efficient and cost-effective way to generate hydrogen.  Our UOB-TM- technology allows for hydrogen gas generation using readily available inputs such as electricity, natural gas, and water.

We design and develop hydrogen fuel processors for fuel cell systems and industrial hydrogen generators.  Because fuel cells require hydrogen to produce electricity, the efficient and cost effective production of hydrogen for fuel cells is critical to the commercial introduction of fuel cell systems into the mass transportation and stationary markets.  We have developed and patented the Under-Oxidized Burner (UOB-TM-), an innovative technology for hydrogen production. In comparison to other means of producing hydrogen, we believe our products provide more efficiency, lower emissions, lower capital costs and greater fuel-flexibility.  Our proprietary UOB-TM- system produces hydrogen from hydrocarbon feedstocks, such as natural gas, propane, diesel and gasoline, and can be utilized as an on-site source of hydrogen in a variety of applications.

Field of Use

The rights granted apply to the fuel cell systems.

License Grant

The Licensee entered into an Agreement providing for royalty payments to three individual Licensors.  The royalty payments are based on revenues from specified piezoelectric technology covered by U.S. patent 4404490 entitled Power Generation from Waves Near the Surface of Bodies of Water. We currently offer two products as part of our line of PowerBuoy® systems a utility PowerBuoy system and an autonomous PowerBuoy system.

License Property

Our PowerBuoy system is based on modular, ocean-going buoys, which we have been ocean testing for nearly a decade. The rising and falling of the waves moves the buoy-like structure creating mechanical energy that our proprietary technologies convert into electricity. We have tested and developed wave power generation and control technology using proven equipment and processes in novel applications.

Field of Use

The rights granted apply to electricity.