NASA Signs Licensing
Agreement With New Jersey Firm For Further Development Of Energy-Saving
Device
June 11, 1998
The term "power
factor controller" is not exactly a household phrase. But the device
itself is at work in countless homes and businesses - quietly saving
electrical energy.
Now, with the
signing of an exclusive licensing agreement between NASA and Power
Efficiency Corp. of Hackensack, N.J., the stage has been set for
even wider use of the device and further conservation of scarce
energy resources.
Invented in
the early 1980s at NASA's Marshall Space Flight Center in Huntsville,
Ala., by now-retired NASA engineer Frank Nola, the power factor
controller senses the amount of power needed by an electric motor.
The device then varies the power according to the need. Laboratory
tests show the controller can trim power usage by 6 to 8 percent
under normal demand conditions, and by as much as 65 percent when
a motor is idling.
With such remarkable
potential for energy savings, the power factor controller quickly
became one of NASA's most widely adopted "spin-off" technologies,
incorporated in machines ranging from household refrigerators and
washing machines to typewriters, kidney dialysis and industrial
drilling machines and scores of other commercial products.
"Initially,
more than 20 companies sought and were granted non-exclusive licenses
for commercial use of the invention," said Bob Broad, chief intellectual
property counsel at the Marshall Center. "NASA believes Power Efficiency
Corp., one of the first companies to hold a non-exclusive license
agreement, has distinguished itself and demonstrated the commitment
necessary to develop the technology further."
Nicholas Anderson,
president of Power Efficiency Corp. said, "Our success in marketing
our energy-saving motor controllers is directly attributed to the
relationship developed over the years between Power Efficiency Corp.
and NASA. This relationship proves that great benefits can occur
when individuals and government work together to develop technologies
that reduce energy consumption."
Under the terms
of the agreement, Power Efficiency will pay royalties to NASA and
inventor Frank Nola until 2001, when the patent and the exclusive
licensing agreement expire.
American businesses
like Power Efficiency Corp. consistently benefit from NASA's research
and development expertise. Technologies developed for the space
program have enabled American industry to introduce more than 900
new or improved products for sale at home and abroad. This assistance
to American business and industry is presently valued at $1.6 billion.
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