Power Chips to Drive Thermionic Car of The Future.Business Editors/Automotive Writers GIBRALTAR, Iceland--(BUSINESS WIRE)--Dec. 1, 2003 A hybrid electric automobile using thermionic therm·i·on n. An electrically charged particle, especially an electron, emitted by a conducting material at high temperatures. therm devices to drive electric motors could provide an efficient and low cost alternative to current designs for hybrid electric vehicles. Power Chips plc (PWCHF), a majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. 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), announces that a patent, titled "Thermionic Automobile", No. 6,651,760, was issued by the US Patent Office on November 25th 2003. Power Chips are small wafer-like devices that use quantum mechanical tunnelling to convert heat to electrical current. In a thermionic automobile, fuel is burned in a combustion chamber and the energy converters are placed against the walls of the chamber where they generate electricity from the heat. That electricity is then fed to electric motors which drive the wheels of the car. Power Chips are projected to achieve 80% of Carnot efficiency, whereas a conventional internal combustion engine Internal combustion engine A prime mover, the fuel for which is burned within the engine, as contrasted to a steam engine, for example, in which fuel is burned in a separate furnace. typically wastes more than two-thirds of the available energy from burning gasoline. Almost any form of fuel could be used to generate the heat, from gasoline to vegetable oils, and even solar energy can be brought into play to add to the available power or increase the efficiency of the heat conversion. While Power Chips plc has its own proprietary technology for converting heat to electricity, the patent itself covers all technologies in which electricity is generated from heat, such as conventional thermionic and thermoelectric ther·mo·e·lec·tric also ther·mo·e·lec·tri·cal adj. Characteristic of, resulting from, or using electrical phenomena occurring in conjunction with a flow of heat. generators. Isaiah Cox, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Power Chips plc, said: "Whatever fuel the car of the future uses, it needs an efficient way of converting the energy released by the fuel into making the car move. With this patent, we are taking a strategic position which has the potential to dominate one of the most promising areas in electric hybrid vehicle engine development." Power Chips plc (PWCHF) develops proprietary quantum mechanical tunnelling technologies for power generation applications. Power Chips are projected to produce electric power more efficiently and less expensively than existing or emerging technologies. A business plan can be obtained at http://www.powerchips.gi/BusinessPlan.shtml Borealis Exploration Limited (BOREF) is a research and development company founded in 1968 and based in Gibraltar in the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community . Borealis' business is reinventing the core technologies used by basic industries, including electric motors, steelmaking, electrical power generation, and 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. . For more information and forward looking statements please visit its web site at www.borealis.gi. Chorus is a registered trademark of Borealis Technical Incorporated. |
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