Nano-Cooling (Looking for investors & copartners)

Nano-Cooling
Project Overview

This project is targeted at the development of cooling devices such as
refrigerators and air-conditioners with in-built nanochips in order to
provide robust refrigerating equipment, being twice as power saving as
any units based on conventional („Non-nano") technology and
refrigerant-free.

Additionally, respective cooling/refrigerating units (air
conditioners) would ensure stable around-the-clock power supply, even
in overcast and misty conditions.


Products

The main arguments for the products to be developed - refrigerating
equipment („Nano-Fridge") and air-conditioners - a

· Energy Efficiency: significant decrease of electric energy demand
(approx. down to 50% in comparison to conventional technology)
· Environmentally friendly refrigeration due to take-over freons and
observance of all international standards (free of chlorofluorocarbons
- CFC)
· Noiseless operation
· Reliability and low operating costs due to replacement of mechanical
units
· Protected by patents


Market

The world-wide refrigerator market - roughly estimated as a 20 Billion
Market, still growing - is currently dominated by the race in the
development of CFC-Free Energy-Efficient Refrigerators. A number of
initiatives, such as the Super-Efficient Refrigerator Program (SERP),
launched by the US Consortium for Energy Efficiency, or the 5-years
CFC-Free Energy-Efficient Refrigerator Project in China, underline the
relevance of such developments seen by commercial and political
institutions in the struggle for increasing energy efficiency. In
particular China, being the largest market for refrigerators, will
play an important role here. Recently, other Asian countries have
being set up similar initiatives, such as India, Japan, Thailand and
South Korea.

A number of leading manufacturers of refrigerator equipment have been
presenting prototypes of energy efficient refrigerators recently.
However, most of these prototypes are based on efficient use of
conventional technology. An considerable exception though is the work
undertaken by the Gibraltar-based company Cool Chips. However, a
significant breakthrough has not been reached yet. By using
state-of-the-art nanotechnology it is excepted to achive this
breakthrough.


Background

The alternative way to achieve environmentally friendly refrigeration
consists in providing new energy-efficient solid-state cooling
technologies for households, industrial and cryogenic engineering.
More specific, this is a unique way to avoid the transition of
intermediate HCFC freons in refrigerating, and consequently to save
huge financial and material resources (International Institute of
Refrigeration http://www.iifiir.org). Technologically, this can be
achieved by using thermoelectric converters, which allow the
conversion of electric energy into coolness. On the basis of
nanostructured materials it is possible to create solid-state
refrigerators using an effect which is similar to the Peltier effect.
Timescale

Two phases in this project are envisaged:

· Prototype Development (2 years)
· Conversion of prototypes into end-user products (refrigerators and
air-conditioners) - 2 years

Therefore, products to be sold on a large scale would be available in
2008. However, it is envisaged to seek cooperation with a major
manufacturer at the end of the prototype development phase.

Investment

6,5 Mio. USD for both phases.

More detailed information on request.










Sincerely Yours,
Toomas Allikas

+372 55 504 694