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Imagine for a moment that you were a really good electro chemist, that
you had enough money to allow you to do applied research on battery technology, you had an invention that improved energy density for batteries, and that you were also somewhat knowledgeable as an entrepreneur. So you have this battery technology and it's well protected by patents and/or trade secrets. Now what? Where would you apply it? Battery operated cars and airplanes require lots of other 'invention' before the rubber meets the road or runway. There is an a market though, where if we could achieve form, fit, and function -- the battery can fit into existing spaces and it provides the correct power profile -- where billions might be made. Portable devices like cell phones, smart phones, laptops, all have a 'I'll buy it right now" market if there was a simple doubling of endurance. There is no FAA certification needed, no DOT compliances either. A web site will do. Where do I send a check to get 24 hours without a recharge on my laptop? So rather than look for first applications where lots of ancillary investment is needed, look at markets that can be immediately satisfied. If the product matures there other apps will follow. There are college entrepreneurial technology incubators where some grad student with a credible business plan for high energy density batteries could get funding the day after tomorrow. Hell, I'd help arrange for VC capitalization for a small equity position. I've been known to be wrong, but I think this technology is being peddled to the same people who are apt to respond to emails that read "Dear Sir, I am the wife of an ambassador who has been slain, and need to transfer several million dollars. . ." My sense is if the prototype technology is being 'shopped' on the net it's either airborne pie or feed corn that has already been processed by the digestive engine housed inside bulls. That's my 2 cents worth. |
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