On February 24, 2017, we received a US patent for a radial vent heat pipe system as well as a notice of allowance for the global PTC patent for Latin America.
Heat pipes have been around for over 100 years. The Radial Vent is an innovative new design that the company will tool and license to its key partners to produce the best, most cost effective, rotating machines on the market.
The technology cools and increases the power density of rotating equipment such as motors, and generators. By rapidly transferring heat from core of the electric motor through slots in the stationary portion of the machine and then to vents where it is expelled, the patent should increase the potential output or power density of the machine by 10 to 20%.
Currently, to achieve that 10 to 20% increase, manufacturers rely upon the addition of active technologies such as liquid cooling or special high temperature materials. Both increase cost and complexity and, in many cases, the size and weight of the machine.
The radial vent technology provides the same benefits for far better value. The technology is passive. There’s less complexity, less cost and less weight in a smaller package.
You may have read this in our press releases. Well here’s what we couldn’t add … a semi complete list (we’ll add to it as we uncover more) of the potential applications:
All process manufacturing:
- Steel and aluminum processing
- Pulp and Paper
- Chemical, tire, and process industries (CTP)
- Paints and coatings
- Specialty chemicals
- Food and Beverage
- Bulk-drug pharmaceuticals
- Semiconductor fabrication
- Power plants
Coal, nuclear, fuel oil
Almost all electric power generated globally
- Power plants
Nuclear powered ships and submarines
Diesel Electric Locomotives
Gas Turbine Electric Locomotives
Auxiliary power units
- Electric vehicles
- Hybrid electric vehicles,
- Lithium battery cooling
- Turbo chargers;
- Exhaust gas recirculation (EGR) coolers;
Pumps and compressors
- Heating, ventilation and air conditioning (HVAC);
- Refrigeration and air conditioning (RAC);
- Oil and Gas manufacturing
- Water and wastewater
Fans and blowers
Washers and dryers
At least half of the industries categorized by Standard Industrial Classification (SIC) codes have applications that could benefit from the use of the patent.
The electric motor market alone is estimated to generate $125 billion globally.
So how much could the company make?
We don’t know. We haven’t scratched the surface yet. Our best guess is what we wrote in a press release:
“Full rollout could involve dozens of licenses and generate revenues for decades to come.”