Events Calendar
In This Section
Matsos bottling a dressing that’s selling in 25 states
GM sues over millions spent on steering repairs
Economic survey: Job losses to bottom out in first quarter
Ohio gas prices up 12 cents from last week
SCORE offers wide variety of workshops
After 30 years at the helm of Akron Children's, Considine still looks to future
New version of Mozilla Thunderbird landing soon
Most Read Stories
Police accuse bank robbery suspect of gobbling up note (with dashcam video)
Victim of beating in Kent last week is declared dead at Akron hospital
Akron man killed in crash on his street
Browns find another way to lose
Can DNA tests free ex-Akron captain?
After 30 years at the helm of Akron Children's, Considine still looks to future
Dad accused of forcing son into field, killing him
Man found dead in North Akron home is identified
Blogs:
Pets:
Cat-loving chihuahua suckles seven abandoned kittens
The Heldenfiles:
Sunday Notebook
Patrick McManamon:
Browns sick after sick loss in Detroit
Akron Zips:
Zips advance to Sweet Sixteen
Tribe Matters:
Seven players added to Tribe’s 40-man roster
Cleveland Browns:
Post-game defensive quotes
Kent State Sports:
Kent State defeats Rochester College, 63-44
Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers
Buckeye Blogging:
OSU – Michigan college football rivals meet in Baghdad
Varsity Letters:
Four area football teams play tonight
All Da King's Men:
The Onion, By Any Other Name…
Blog of Mass Destruction:
Will Health Care Reform Pass?
Akron Law Café:
Health Care Financing Reform: (70) Savings in Medicare Advantage
See Jane Style:
Vintage Chic
Car Chase:
TIME TO GET YOUR COLLECTOR CARS WINTERIZED
Let's Talk Real Estate:
Faye Dunaway to be Evicted?
Ohio Travels with Betty:
Monique asks how to get tickets for the Polar Express.
Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Personal Rant – You are All Wrong About Jobs, or the Lack of Jobs, Being the Reason People Do Not Live in NEO
Akron Gamer:
Nintendo's Mario endures even as games come and go
JumpStart invests in new company that uses NASA technology in renewable-energy pump
By Paula Schleis Beacon Journal business writer
Published on Wednesday, Sep 05, 2007
A new Akron company called reXorce Thermionics Inc. has closed a $1.8 million deal that will allow it to build and demonstrate a device that converts common heat sources into electricity.
The company will build a prototype of the power generator, which has been in development for five years, in its lab at the Akron Global Business Accelerator.
JumpStart Inc., Northeast Ohio's venture development organization, has announced it is investing $400,000 in reXorce (pronounced ''resource.'') The rest of the latest round of funding comes from mTerra Ventures LLC and Bally Energy.
On-site demonstrations of the product (called Thermafficient) will be done during the first half of 2008, and it should be ready for market by the end of next year, said Philip Brennan, reXorce's co-founder and chief operating officer.
The technology is based on the Carbon Dioxide Absorption Heat Pump developed by NASA to cool spacecraft, though it was never used for that purpose.
Brennan's partner, Michael Gurin, invented a process for converting the enormous pressure built up in the pump into mechanical energy. It is then turned into electricity, which can also be used for heating and cooling.
The pump takes advantage of renewable energy. It's driven by low-temperature heat sources, such as solar heat collected from panels, waste heat generated by industrial operations, and geo-thermal heat emanating from the ground.
As with all of its portfolio companies, JumpStart is providing reXource with an entrepreneur-in-residence, Roy Phelan.
''The Thermafficient technology has the potential to reduce energy costs significantly,'' Phe
A new Akron company called reXorce Thermionics Inc. has closed a $1.8 million deal that will allow it to build and demonstrate a device that converts common heat sources into electricity.
Get the full article here.
Comments
Click here to post your comments
