US Patent Issued to Green Lab IP Nominee on July 28 for "Systems and methods for power generation, transmission, amplification and/or storage" (Australian Inventors)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,695,357, issued on July 28, was assigned to Green Lab IP Nominee Pty Ltd (Sydney).

"Systems and methods for power generation, transmission, amplification and/or storage" was invented by Eon French (Victoria, Australia), Glenn Edmonds (New South Wales, Australia) and Andrew French (Victoria, Australia).

According to the abstract* released by the U.S. Patent & Trademark Office: "A machine (101) including a vertical rotatable shaft (4b) levitated by magnets (5) so as to minimize frictional losses. Magnets (5) are arranged on the machine body (7) and/or the shaft (4b) of the machine (101) to thereby exert a repelling force so that the rotating shaft (4b) is uplifted against gravitational...