Boeing Completes Evaluation of Borealis Cool Chips Technology.Business Editors SEAL BEACH, Calif.--(BUSINESS WIRE)--Nov. 30, 2001 The Boeing Co. (NYSE NYSE See: New York Stock Exchange :BA) has completed an evaluation of a new technology called Cool Chips(TM) that could provide lighter, more efficient and more affordable cooling systems cooling systems for housed animals include spraying of roofs with water, evaporative pads with fans, foggers and misters; for pastured animals shelter from the sun by trees or artificial shade devices and cooling ponds are used. in the future. The evaluation, conducted under an agreement with Cool Chips plc, a subsidiary of Borealis Exploration Limited Borealis Exploration Ltd. is a Gibraltar-based research and development company that owns subsidiaries dealing with materials and power transfer. The company considers itself a virtual company, and is publicly traded. (BOREF), showed that the principles under which the new Cool Chips technology operate are sound, that the measured physical data complied with the theory, and that further development and evaluation are needed. Cool Chips(TM) are a form of vacuum diode that pumps heat from one side of the chip to the other to provide localized cooling and refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. . The technology is solid state and operates silently without the use of motors or environmentally unfriendly fluids. Because they are smaller and lighter than competing technologies, and promise greater efficiency, Cool Chips have potential applications for thermal management in aircraft and spacecraft, where size, weight and power requirements are at a premium. Such applications include the cooling of avionics, sensors, environmental air and galleys. The Cool Chips evaluation was conducted by the Boeing Phantom Works The Phantom Works division is the main research and development arm of The Boeing Company. Founded by McDonnell Douglas before the merger with Boeing, its primary focus had been development of advanced military products and technologies. , the advanced R&D unit of Boeing. Under the terms of the agreement with Cool Chips plc, Boeing has the right of first refusal Right of First Refusal In general, the right of a person or company to purchase something before the offering is made available to others. Notes: For example, a football team may have the right of first refusal on a player's contract. on this new technology for aerospace applications. Boeing is the world's largest manufacturer of commercial and military aircraft, and NASA's largest contractor. The company's capabilities include helicopters, defense systems, missiles, rocket engines, launch systems, satellites, advanced information and communication systems, aviation support products and services, financial services, a global-mobile communications system, and a space-based air traffic management system. |
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