CEO
$5000000
 
Silicon Valley Morrow GA 30260 #172, 2045 Mt Zion Rd / 2010-06-14
Author is a broker
Need Financing: Yes
 
Investor Needed For Clean Plasma Technology
Plasma Energy Technologies is a corporation located in Silicon Valley that has developed a working prototype of a clean, safe, plasma energy technology with the potential to generate electric power for less than 2 cents per kilowatt hour – even cheaper than coal and without all of the related environmental concerns.

The Company has accumulated a wealth of intellectual property relating to the technology, which consists of two core elements:

(i) A gas that, when excited into a plasma, gives off enormous amounts of energy that can be harnessed directly as electric current and indirectly via kinetic energy to turn a power generator, and

(ii) A sealed reaction chamber, within which the gas is excited to generate the energetic plasma.

The gas is safe and no harmful emissions are produced during operation. A portable unit of approximately 2 sq. meters will provide 1MW of output power. The initial combined purchase and maintenance cost will be $500 per KW, falling below $200 per KW output with mass production, and an initial cost of generation of $0.04 per KW/hr, falling to less than $0.02 per KW/hr in mass production.

The Plasma Chamber is similar in size and weight to a standard combustion engine, but is unique in several respects:

(i) The same fuel is reused in later cycles, to a point of reactive exhaustion

(ii) No exhaust or cooling systems are required

(iii) It can operate at low pressure and temperature

(iv) It can operate at speeds as low as 100 RPM

(v) Noise levels are very low

(vi) There is a very high Torque/RPM ratio

More than $10 million has been spent developing the technology to date and the Company is now raising $5 million to complete its prototyping work and prepare for a much larger institutional financing round to industrialize the technology and create a substantial library of core IP.

The Company is in discussions with a number large energy companies which involve the delivery of power generating units up to 100MW capacity to be used within power generating stations. The intention is to earn multi-year revenue streams from the associated long term power take-up contracts. The company will also license the technology where appropriate.

The Company intends to seek a public listing for its own shares within 24-36 months and the company expects to generate its first JV-related revenues within the next 12 months.

Live demonstrations of the prototype are presented to serious potential investors.

Contact: WarrEnterprises@Gmail.com

 
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