Magnetic Power Inc. Executive Summary

by Mark Goldes, Chairman

Energy Independence and a Powerful Economic Stimulus are on the Horizon

MPI is developing breakthrough energy technologies. Based upon proprietary discoveries and a series of prototypes constructed in MPI’s labs, motors and generators are being designed that operate continuously, without fuel, extracting electricity by converting an abundant, renewable, extremely dense, energy source that has never before been commercialized.

The process will create no pollution. Variations will provide a permanent power supply that can recharge, and eventually replace, the need for batteries of all sizes.

 

The cost of electricity from these technologies promises to be less than any competing form of power generation. The firm is also evaluating complementary energy conversion systems. These technologies are expected to give electric cars unlimited range, as well as turn future cars, trucks and buses into power plants. When appropriately parked, up to 150 kW will, without the need for any wire connection, be sold to cooperating local electric utilities.

These technologies will be scaled to a wide range of applications. These include the relatively small power needs of consumer devices.  Production can be achieved worldwide.....(more)

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Updated 8/23/08


For more information, contact Mark Goldes     (707) 829-9391

magneticpower@gmail.com                                             

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