Please see below for Part 4 of our 2023 highlights series.
ENG8 now completing due diligence with two institutional funders for 10M Initial Investment.
We were introduced to ENG8 International Ltd in February 2022. They and their team of operators, engineers and scientists had developed the EnergiCell, in which a low energy nuclear reaction (LENR) involving catalysis occurs.
Its fusion Jim, but not as we know it.
Quite how it works is still being interpreted, but ENG8 are naturally nervous about giving away the ingredients to their secret sauce. My personal belief is that when the H20 molecule is plasmarised, the hydrogen downgrades from Ortha to Para Hydrogen and this catalyses a fusion reaction, which liberates / produces heat and an electric field which can be harnessed. The Q Value or COP (Coefficient of Performance) is the energy gained from a process divided by the energy required to start the process. Anything above 1 is generally considered a breakthrough as the process can become independently self-sustaining.
Water scientifically has some odd properties. Here’s a BBC video explaining odd things about water. Here’s a scientific paper on using water as catalyst for a nuclear reaction.
And yes, I am fully aware that the utilisation of water as an energy source has had many false dawns. However, it’s pretty much definitive now that ENG8’s EnergyCell works.
Considerable efforts have been made this year to prove the EnergiCell works and is capable of a Q value of between 5-10: 1 unit of energy in to get things going and 5-10 units of energy liberated by fusion. ENG8 has utilised a number of independent verifiers to prove their EnergiCell works on numerous occasions recording Q Values of 1.9, 2.5, 6.4 and most recently 5.
ENG8 has raised circa 1.5M this year, and we recently presented to over 70 fund managers, many of which are based in the US. Already, we have seen real interest from some significant VCs, scientists and potential corporate partners that will assist in co-developing the products that will contain EnergiCells. Companies involved in electric car chargers, boat builders, flying cars, heating equipment and others have visited ENG8’s base in Portugal for a demonstration and this month, we will have yet another independent validation of the technology.
You can watch our video demonstrating a Q Value of 5 here:
That’s all for now. Our next update follows tomorrow.
Kind Regards
Nicholas Dimmock (BA MBA CASS)
Managing Director
350 PPM Ltd
ABOUT 350 PPM LTD 350 PPM LTD is an incubator and accelerator for early-stage companies operating in the clean energy and environmental protection sectors. Working from within our clients companies we deliver a wide range of services to support and drive their business growth. Our team of 7 becomes part of their team, aligning our objectives to ensure can provide maximum guidance and expertise to achieve their business goals. Our services Securing funding from a wide range of investors at key stages; this will include angel investors, family offices, venture capital funds, and institutional investors. Providing input on developing business plans. Preparing Information Memoranda and other marketing material to support the fund raising. Sales, marketing, and PR campaigns to increase exposure of our clients with key audiences and other stakeholders. Accountancy and financial management. Ulilising our established networks to recommend suitable professional service providers such as accountants and lawyers. Acting as interim directors on client boards. Setting up boards of directors to give direction and provide corporate governance. Supporting clients with commercial contracts and negotiations with potential partners and suppliers. Administration of Fundraises including; Subscription Bundles, Trade Ledgers, Shareholder Registers, Client KYC and Transaction Settlement and fullfillment. |