The MPI story begins in 1877, when Wesley Gary, a Pennsylvania inventor, received a patent on a mechanical, magnetic, device - which apparently tapped a previously unsuspected source of energy. According to an article that appeared in Harper’s Weekly during 1879, he showed his invention to Harvard and MIT professors, who were favorably impressed.  The article, readily found on the internet, ends with a comment that one day, Gary’s invention might power a locomotive.  The four wheeled automobile was invented six years later.  We may never have needed oil to power vehicles.

The possibility of tapping this thus far uncommercialized source of energy, by means of electronic devices, became evident in 1937, when German inventor, Hans Coler, demonstrated a working 6 kW, solid-state, magnetic "space energy receiver”.  A WWII Allied bomb destroyed his work.  While Coler didn’t comprehend the source of energy generated, he understood its significance. In 1946 he cooperated with British Intelligence which published a classified report confirming his work.  In 1979, 34 pages of what was likely a larger report were declassified and are now on the internet.

Even earlier, Nikola Tesla had recognized the earth is immersed in an extremely dense sea of energy. He theorized that one day this energy would become a source of ubiquitous power usable by humanity.  In 1891 he said – “Our machinery will be driven by a power obtainable at any point in the universe.  Throughout space there is energy.”   The list of scientists and engineers who agree is growing.

Fast forward to today, with MPI seeking to supply the world with clean, abundant, and inexpensive electricity…no fuel…no pollution...no emissions.  This is the future of POWERGENIE™ (Power Generation of Electricity by Nondestructive Interference of Energy), one of MPI’s proprietary, cost-effective, magnetic technologies that may capture this untapped energy source. 

With applications throughout the $6 trillion worldwide energy market, as well as the automotive market and likely other, yet undefined applications for compact, powerful energy, revenues are projected to begin in 2008 with early license fees, and grow rapidly.

Products & Applications

MPI’s magnetic generator technology represents an unprecedented means of electrical generation achieved by converting a previously uncommercialized, renewable, abundant (but thus far little known) energy source. Expected electrical performance will be very similar to chemical batteries sourcing an electric current, except that the output voltage does not gradually decline with time, but remains indefinitely constant.

The firm is currently developing devices of advanced design capable of producing a few watts of electricity on a self-sustaining basis.

When these demonstration devices are completed, MPI will be ready to begin the commercialization process for magnetic generators as a scalable power source, analogous to an inexhaustible electric battery.

A Proof-of-Concept prototype of what we now call POWERGENIE was evaluated by Lee Felsenstein, EE.  He concluded it to be analogous to the early work on the transistor, which eventually led to a Nobel Prize and the creation of Silicon Valley.

Expect 2 Watt, 20 Watt and 250 Watt prototypes in 2008.  1 kW pre-production modules are a goal for year end.

Further engineering can now apply this novel effect as a permanent, compact source of electricity in a wide variety of designs from toys to computers, home heaters and other powered devices.

Small scale generators will be an excellent fit for compact technologies such as laptop computers, cell phones and portable electronic devices. Larger ones will be able to run desktop computers, servers, and larger devices.

POWERGENIE and other MPI magnetic generators operate continuously, without fuel or emissions, converting an abundant, renewable, extremely dense, ever-present energy source.

Cost of electricity generated using magnetics is projected to compete favorably with all existing power sources.

The majority of cost is capital investment. Operating expense should be very low.

POWERGENIE and other MPI generators are:

Clean. Both in manufacture and use, they pollute much less than other power generation systems.

Reliable. While field data remains to be collected, solid state MPI generators are expected to need minimal maintenance and should have a long product lifespan.

Scalable. Generators can be scaled to a wide range of applications, eliminating the need for batteries of all sizes.

Modular. MPI generators can be combined or stacked, similar to linking solar cells.

Straightforward.  No exotic materials will mean rapid commercialization and ramp up stages adaptable to a range of existing electronics manufacturing facilities.

Compact. A 1 kW self-sustaining generator design might fit into an 10” cube.  Two such MPI generators could replace the plug otherwise required by a plug-in hybrid car.

Revenue generating. Parked cars, wirelessly transferring 100-150 kW of power, will make parking lots multi-megawatt decentralized power plants, an extraordinary Vehicle-to-Grid (V2G) solution.  They can wirelessly provide 10 kW to a home or small business. Imagine the advantages, including power during storms, etc.

Business Strategy

Target applications that maximize customer value, once cost per unit of electricity output related to generator size is better understood.

Identify and target ‘sweet spots’ with best potential return on investment and price accordingly

Solidify patent portfolio.

Two energy generation patent applications are pending. Several more will follow.

Build a foundation to support worldwide market adoption of MPI technology.

License jointly developed products to strategic partners to facilitate large scale manufacturing ramp up and global sales and distribution.

Revenues – 2008 - $25 mil, 2009 - $100 mil, 2010 - $300 mil, 2011 - $600 mil, 2012 - $1 billion.

Absorb Room Temperature Superconductors, Inc., (RTS) presently a subsidiary, as a division of MPI. .

Provide an Initial Public Offering when market conditions are right.

Key People

Mark Goldes - Chairman and CEO - Founded non-profit Aesop Institute in 1973. Chairman and CEO of the Aesop Company, a specialized financial consulting firm. Later, founded SunWind Ltd, a renewable energy company. MPI was the 2^nd firm to be born from the Institute. Co-Founder, Chairman and CEO of RTS, MPI’s subsidiary. (See website for bio).

Sue Engle - Corporate Secretary & Project Manager - Project Management & Product Development with The Children's Group - major children's toy catalogs.  Compliance inspector for worker and environmental practices, and materials sourcing.  Sue established her own company, Marble Hill, in 1999, focusing on product development & manufacturing in Asia, including all phases of product development.

Lee Felsenstein – Electrical Engineering Consultant - Earned his BSEE at UC Berkeley, then started career at Ampex. Moderated Homebrew Computer Club in Silicon Valley, for more than a decade. Members started 23 companies. They included Steve Jobs and Steve Wozniak who co-founded Apple.  Senior Associate with Interval Research, from 1992 to 2000, a computer lab funded by Paul Allen, to help create and support future computing technologies. Designed two computers now residing in Smithsonian Institute. Received the Editor’s Choice ACE Award by Electronic Engineering Times magazine in April 2007.  Discusses our breakthrough without citing MPI, which has permission to use this short interview.  http://video.yahoo.com/video/play?vid=379134&fr=yvmtf

Dr. Kevin Shambrook – Scientific Consultant – Senior Project Manager with Hughes Aircraft and Vice President at Doric Scientific Inc.  30 years experience includes management of diverse engineering and manufacturing projects, corporate planning, and new product introductions.  Earned his Ph.D. at UCLA.  Served as President, Chief Scientist, and co-founder of MPI’s subsidiary, RTS, for 14 years.

Funding Status

MPI and RTS can each utilize $100 million in new funding.  $10 million is sought in the form of equity.  $5 million can be new equity investment in MPI and $5 million new equity investment in RTS.  Remainder of funds may be largely sought from revenues…including substantial advance license fees.   

Contact: magneticpower@gmail.com           

website: www.magneticpowerinc.com      Phone: 707 829-9391

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