Georgia Patent of the Month – June 2022
Earth Energies, Inc. is focused on discovering, designing, and developing world-changing technologies in the electric power sector. They have worked with geodynamo-based low-frequency subsurface electromagnetic wave energy to create a scalable source of electric power and the tools to deliver it to both residential and microgrid applications. The company has been conducting this type of research, and the commercialization of the technology, since 2013.
Their interest has long been in making a global wireless power system available to everyone. This dream began with Nikola Tesla back at the turn of the 20th century. The inventor envisioned a World Wireless System based on the idea of using the Earth and its atmosphere as electrical conductors. If achieved, this system would allow for both instantaneous and precise wireless transmission of signals and messages around the world without a single wire.
Recently, the company has patented new technology – a power receiver capable of extracting energy from the earth’s hydrosphere. This technology falls in line with Tesla’s dream and takes advantage of the potential for a hydrosphere grid. This grid would eliminate the need for transmission lines and create a truly wireless system.
The hydrosphere refers to the volume of water that Earth contains, including above, below, and on the surface. The power receiver extracts electrical energy from this hydrosphere, using a hydrosphere terminal and a resonant transformer. The hydrosphere’s moisture is conductive and able to function as an electromagnetic spherical antenna, conducting energy between 7.5 Hz and 300 Hz. The receiver and transformer can be electrically coupled to the hydrosphere, induces a current flow, and converts it into a useful form.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.