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Because of the inevitable depletion of fossil fuels and the corresponding release of carbon to the environment, the global energy future is complex. Some of the consequences may be politically and economically disruptive, and expensive to remedy. For the next several centuries, fuel requirements will increase with population, land use, and ecosystem degradation. Current or projected levels of aggregated energy resource use will not sustain civilization as we know it beyond a few more generations.(1)
Until MagKinetics Inc, our ever increasing use of automobiles has been viewed, as far as energy is concerned, as nothing but negative. As each year passes, automobiles consume more and more energy while giving nothing in return. But, what if that could be changed? What if our inevitable use of the automobile could result in a positive return into the energy equation? What if we could add a new variable to the “Peak Oil Theory”? That time has come. Without any modification to the automobile, our mobility, driving options or personal freedoms, MagKinetics has developed a system and method for creating electricity from moving vehicular traffic. This technology will produce clean, efficient, and substantial electrical energy from merely driving in the normal course.
Our business model is a full spectrum partnership plan inclusive of four main parties: the government, infrastructure builders, the capital markets, and of course MagKinetics Inc. The rewards will be substantial. Revenue streams come from carbon credits, Megawatts generated and sold, development appreciation, and licensing where necessary. Our partners will be many and from all corners of the world. The technology will always be improving and serving operators and consumers. New avenues for revenue will be discovered due to the expansive nature to implementing this technology. Inevitably this will be the beginning of an energy and transportation convergence that will bring stronger and more efficient economies around the globe.
Magkinetics Inc's plan to convert vehicular traffic is so powerful because it is so practical.
Our clean energy generator units are set beneath a roads surface. There are not any bumps in the road with our technology. It is a smooth collector of energy that works in the same way as Michael Faraday discovered with electrical induction. Momentum of the generator is powered by the force created by the vehicles. With our patent pending technology, as long as there is moving vehicular road traffic, we can capture typically lost energy. Our generators are to be placed where the wasted energy can be collected such as at off ramps, downhill slopes, or slow down areas. Further studies in process may also yield center roadway capture as well. Our technology does not tarnish the landscape or require any waste to be disposed of from its power creation. It is a perfectly clean energy.
We are currently seeking $10,000,000 as seed capital. We plan six to seven rounds of capital raising. Our next round will require $5,000,000.00 in 6-8 months.
Our ambitious goal is to produce 2 megawatts of power in a quarter mile. Each installation may be one small step towards saving the world from itself.
Magkinetics Inc. is a development stage renewable energy technology company. Our patent pending technology converts vehicular kinetic energy into electricity. Our Technology will change the world.
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1.(Taken from the introduction of a report by the Sandia laboratories 2005) |