Eestor promises demo of its radical new battery in 2010

Eestor promises demo of its radical new battery in 2010 Eestor has shrouded itself in mystery, and if the promises it’s making about a new ultracapacitor battery in 2010 are true that certainly makes sense because other companies would kill for that sort of leap in efficiency. Zenn Motor Company has invested enough to earn a 10.7% ownership stake in Eestor with its latest payment at $700,000.

That infusion of cash arrived after an independent verification by Zenn Motor Company that a permittivity milestone was achieved. Confirmable details are scant but Eestor has convinced Zenn Motor company that its technology is real and will be demonstrated in 2010. Seeing an actual battery in action is another matter though and seems to be dependent on the ability to ramp up production leading up to full scale commercialization.

One of the most basic questions GM-Volt asked during its interview with Ian Clifford, CEO of Zenn Motor Company is “have you actually seen one of these devices functioning?” That is a seemingly straightforward question that wouldn’t require details as to how the technology works, but Clifford deferred saying “That gets into the point of non disclosure.”

Sharing whether or not one of the devices exists and is functioning could perhaps allow competition to understand how far behind or ahead they are, but what are the other risks that make the answer to that question so vague? Eestor certainly won’t provide any questions, and it’s possible the extreme veil of secrecy is intended to create buzz. Clifford says:

We did our original due diligence back in 2002 and 2003. We were exposed to the original technology then. Right now, we like everyone else are waiting for at voltage components off their production line. And that’s as specific as I will get. And really that’s all that matters.

Eestor’s ultracapacitor promises to make recharging the battery take minutes instead of hours, increase energy storage capacity by several times, and reduce the cost of manufacturing batteries significantly especially when compared to manufacturing lithium-ion batteries.

Comments

Passing the permitivity tests triggered a $700k payment.... to get to the 10.7% ownership required an additional (optional) investment of ~$5M.

 

bad news - until now a zero-series of this new storage was announced for the end of this year, now we hear 2010....

just a prototype, fitted in a real testing car would be beliveable for me.

The performance of the EESU is dependent on 3500 volts, it wojld not be easy to implement chargers in residences or apt. buildings.  When asked about this, Bill Weir said they could reduce the voltage to 600 volts.  If you do the math on that it comes out to 36 joules per gram.  This not a very high figure.  I read about the upcoming (I think) Reticle Carbon electrodes which, supposedly, produce 300 J/g at 1.5 volts.   What is wrong here?

In addition to the payment discrepancy already noted, the dates in this article are also incorrect. EEStor is scheduled to have independant testing of their final components completed by September and to deliver production prototypes to ZENN by the end of the year. The 2010 date is when ZENN will actually start selling cars with them installed... not when the technology will first be 'demonstrated' to ZENN as stated in the article.

I find it refreshing that EEStor is not engaging in the hype game.  Over the last thirty years, company after company has hyped their technology in the hope of attracking investment dollars and then failed to deliver to investors.  I know everyone is curious and the implications of EEStor's technology are huge.  Nevertheless, EEStor will either succeed or fail to deliver a production ESU, it's that simple.  Hype and talk will not change that fact and I am glad EEStor is exercising restraint and discipline in luanching their business and communicating with the public.  As an attorney, the nation would be better off if Wall Street firms emulated EEStor example of appropriate communication.

Robert

Are you a patent attorney?  Go look up their original EESU patent and decide again if they are not overhyping their technology!

A am a business attorney and have been involved in patents for 25 years.  It is standard practice in initial patent applications to claim everything and then narrow the claims once a response is received from the patent office.  In the U.S., patent applications are not published until 18 months after the effective filing date.  If a company wanted to hype their technology, they would do it outside of the patent process since their application is effectively secret for a period of 18 months.

I know there is great speculation regarding EEStor. I know that everyone wants to "Know", including myself.  My only point is that we have gone through four decades of "Vaporware", were breakthroughs are announced that cannot be commercialized or simply don't work.  I have no problem with a company taking the position that they will limit disclosures to only items they deem important. 

EEStor is not a publically traded company.  EEStor has no fiduciary duty to satisfy the curiosity of Zenn Motor Company shareholders of which I am one.  EEStor has no duty to the public to make information available because we are excited.  The only duty owed by EEStor's is to their own shareholders.  Since EEStor is a private company, their shareholders gain no benefit by having the company make public disclosures. 

The hype/BS continues from Dick Weir.
Nothing has changed since Wed, 05 May 2004:

http://www.ufto.com/clients-only/uftonotes04.html
“A number of major companies have said they would issue a purchase order quickly if specs are met.
The company is currently seeking equity investment of $3.5 million. A business plan is available.
Contact Richard D. Weir, President and CEO
EEStor, Inc. Cedar Park, TX
512-258-5669 dick_weir@eestor.us

They are always 6 months away from a prototype... in December they will be 6 to 8 months away... who cares about the productions model...If they build one and test it then the game is changed forever, but that is how long we will be waiting, forever. I am usually wrong and hope I am in this case too.

I've got news for you calendar watchers - 2010 IS at the end of 2009.

You see, that's  the way our calendar works, a device that was created, blah blah blah.

If you want to criticize EESTor then it would help if you could make a statement that wouldn't make you look silly.  And ignorant.

Stock up 13% today. Interesting, very interesting. A really good story here if things go right. The world will be changed by this small company about 1000 times more effectively than all the brainless empty-headed speeches that our embarrassing super-tanned Pres can make. I understand he's told his staff to schedule a fact finding trip to states 55 and 56 for next week. So who gets picked by the chief of staff to break the bad news to Obama?

This radical new battery seems to be a power-saving one. Thanks for the information! I am looking forward for its demo.

Yeah, it should be demonstrated if the device is actually working. At the same time, to show how it works!

This seems to be a promising battery! I'm also looking forward for its demo! Thanks for sharing this blog.

Matt, you should do an EESCAM update.

Since your post, Zenn bailed out of making a highway vehicle-CityZenn...and Zenn America is not receiving any DOE grant which was hyped by the blogger with the bag over his head Baghead, pumper of Zenn.

BTW-the only reason why Zenn will not manufacture the CityZenn is because EESCAM does not have what they claim...if EESCAM had what they claimed, Zenn by now would have been the number one electric vehicle company on this planet. 

 

I have to disagree with Baghead. ZENN would make much more money making and selling power trains to other car companeys. Like come on! who want's to be selling cars in this market? Each model of car has to be crash tested and such and that costs way too much. Now if you just sell a battery pack, motor and controler package that any current car companey can buy and install in an exsisting car, that my friend is where the money is. If EEstor has what it is not saying it has, it could change the world as we know it.

Interesting, very interesting. A really good story here if things go right. The world will be changed by this small company about 1000 times more effectively than all the brainless empty-headed speeches that our embarrassing super-tanned Pres can make.

I 100% agree with, the world is changing... changes happens every where.. without change its not interesting for us.. we need a change every where........the exmple you gave is interesting.

Thanks for the post

"Sharing whether or not one of the devices exists and is functioning could perhaps allow competition to understand how far behind or ahead they are, but what are the other risks that make the answer to that question so vague?" How is that working out for you GM...Yukon parts

I think EESTOR is doing the same thing as Bloom Energy. They have been producing preproduction units for a bit. These units are testing the production line and processes at the same time with a number of clients. When announced, they will have on display the clients using the devices as well.

Only a lunatic or a fool would spend hard earned money to hirer Underwriters Laboratories Inc. to test and certify their product's Power Distribution Equipment for safety and compliance, if they were not 100% sure of the outcome beforehand!

 

Makes sense to me, since they manufactured the products every information should be in their fingertips and why on earth were the tests undertaken again and again??? Maybe it was a kind of experiment being conducted or a survey of the number of clients. Clients using the device should be shown so that it can clear some of the misconceptions people have.

Real Estate SEO

Only a pumper of EESCAM believes the LIES coming out of Dick Weir's  (CEO of EESTor) mouth.

http://conceredabouteestorlies.blogspot.com/

http://gm-volt.com/forum/showthread.php?3815-Lies-Lies-Lies-By-Dick-Weir-Tom-Weir-Ian-Clifford-And-Pumping-Of-EESCAM-by-Baghead

http://www.4all.com/uploads/DW_Confcall_jun2009.mp3

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