LENR-Invest Fund invested in Lenuco, the startup of George Miley 12 hours ago http://www.lenr-forum.com/forum/index.p ... rge-Miley/ <http://www.lenr-forum.com/forum/index.php/Thread/439-LENR-Invest-Fund-invested-in-Lenuco-the-startup-of-George-Miley/>
New LENR-Invest, the LENR investment fund recently launched who raised $205,000, recently added Lenuco to their list of key investment, beside LENR-Cars, Brillouin Energy, LENR-proof (the site of tyler). They describe Lenuco that way: LENUCO LLC has been founded by Prof. Emeritus George Miley to provide a platform for the development and commercialization of LENR technology. The company is based in Champaign, Illinois, USA on the campus of the University of Illinois, with which it has a strategic partnership. In addition to the significant achievements in LENR cells using NI alloy nano-particles, LENUCO holds several highly valuable patents related to the LENR core technology. George Miley the founder, a pioneer of NiH and gas permeation in powder, is known for proposing two applications of his technology : His first proposal was to replace Pu238 Radioisotopic Thermal Generator used in space probes, because of the planned shortage of Pu238 with decommissioning of nuclear weapon. This application is well described in that article on NextBigFuture, or in ILENR12 presentation. Recently Lou Pagnuco found that Miley was planed for a presentation at an ANS conference for isotope specialist, about Space application. Am. Nuclear Soc. - 2014 Intl Conf on Isotopes and Expo: Preliminary Program August 24-28, 2014 / Hyatt Regency-Chicago / Chicago, IL Monday, August 25, 2014, 3:30 P.M.-6:00 P.M. Progress in Development of Low Energy Nuclear Reaction(LENR) Power Cells for Space Applications, George H. Miley,Kyu-Jung Kim, Tapan Patel, Bert Stunkard (Univ of Illinois), invited His second application is a LENR Distributed Power Generator, that he proposed to a DoE funded contest on Future Energy Ultralight Startups platform. No information on their plans, and the maturity of his technology. Recent information (2013) I had was that it worked but with endurance problems... Getting funded may help him to solve those problems, if they are still present. I wish them good luck. Images lenuco-160.jpg 5,76 kB, 170×66, viewed 120 times “Only puny secrets need keeping. The biggest secrets are kept by public incredulity.” (Marshall McLuhan) "Heureusement que Galilée n’a pas suivi le consensus de son époque, car la terre n’aurait pas tourné !" (Claude Allégre) "I trust those hungry for dollars a thousand times more than those hungry for honors and rank." (Nassim Nicholas Taleb) See my raw tech-watch on scoop.it/u/alain-coetmeur & twitter @alain_co
