Thanks to Bachcole for sharing this, and racking up the LENR points!
There’s an interview in Fortune Magazine with Cherokee Investment Partners CEO Tom Darden, about his involvement in the funding of LENR technologies.
Here’s an excerpt:
Q: So you’re optimistic?
A: Yes, In fact, Rossi was awarded an important U.S. patent recently, which is part of what we licensed, covering the use of nickel, platinum or palladium powders, as well as other components, in his heat-producing device. This is one of very few LENR-related patents to date.
But let me make one thing very clear. We don’t know for sure yet whether it will be commercially feasible. We’ve invested more than $10 million so far in Rossi’s and other LENAR technology and we’ll spend substantially more than that before we know for certain because we want to crush all the tests. (Recently, we have been joined by Woodford Investment Management in the U.K., which has made a much larger investment into our international LENR activities—so we are well funded.)
Much of what Tom Darden says is not terribly new, but there’s one point that I am curious about where Darden talks about a Russian researcher working in Switzerland that has replicated the E-Cat. We have heard about a number of Russian replicators working in Russia, but this is the first I have heard about on in Switzerland.