About Adams Atomic Engines, Inc.

Adams Atomic Engines, Inc.

Current status

Adams Atomic Engines, Inc. is once again in a cash preservation mode, waiting for several initial conditions before starting serious development, design, and licensing work. We have no current employees, are not working on any current projects, and are not hiring any employees.

We were just about ready to move forward in January 2008, but the world financial crisis required some significant decisions. Not only did our potential capital partners essentially disappear as major entities, but the world energy market experienced a price collapse that put a number of alternative energy projects on hold. Some companies have survived and prospered, others have disappeared, and some are barely hanging on. We fall into that final category.

There were, of course, some projects that retained their favored status because of mandates, special market price structures, and government grants, but none of those incentives or supports applied to our efforts. No excuses, just facts.

When the demand for energy increases and when there is a commercial source of the kind of high temperature fuel that we need to enable reasonable thermal efficiency from Brayton cycle machines, we may try to get the old team together for one more try. In the meantime, we have allowed the control system patent to pass into the public domain, we have started a blog at http://atomicengines.blogspot.com to document our design, and we have redoubled our efforts to share what we have learned about atomic energy, the energy markets, the capital markets, and the political environment in which atomic energy currently exists.

Please visit Atomic Insights and/or the Atomic Show Podcast to keep up with those outreach and educational efforts.

History

Rod Adams founded Adams Atomic Engines, Inc. (AAE) in September 1993 with the help of friends and family who believed in his vision for a clean, safe, cost effective alternative power system.
In May, 1994, the US Patent Office recognized that Rod's design for a control system for a closed cycle gas turbine was a unique invention and awarded US Patent number 5,309,492. AAE began the long process of bringing a completely new power system - based on proven, replicable components - to the market.
By the summer of 1996, following a steady drop in fuel prices resulting in oil near $12 per barrel and natural gas near $1.70 per million BTU, Rod and the other AAE investors decided that the world was not quite ready to buy enough Adams Engines^TM to allow a chance for immediate business success. AAE underwent a cost cutting effort to bring annual expenses to a sustainable level in a move to provide the endurance to be ready when the market conditions changed.
AAE continued to maintain its informational web sites (http://www.atomicengines.com and http://www.atomicinsights.com), refined its design approach, learned more about business operations, and invested in deep market research.
By 2000, it was clear to AAE principals that the energy market was shifting directions to a more supply constrained, higher price environment at the same time that people began to understand the environmental effects of continuing to increase the rate of fossil fuel consumption. Adams Atomic Engines, Inc. began the long process of waking from a several year long slumber.
Several new contributors became part of the AAE development team, bringing valuable experience in business development, market research, finances, regulatory relationships, and custom machinery manufacturing. We retrenched again in the spring of 2008 as indications of serious economic weakness became apparent.
AAE has a design concept focused on providing a true alternative to continued oil addiction. Its system is simple, provides multiple safety barriers, includes large functional margins and should be able to pass muster with the most stringent regulatory regime in the world. It is positioned to fill needs in markets currently dominated by large diesel engines and simple cycle combustion turbines that run near their full capacity at least 50% of the time.

If you have explored all the information on this site, remember our other related web sites. If you still want to learn more, please write to us. To prevent your message from being deleted without being read, please use a subject line that includes the words Adams Atomic Engines and an summary of the topic of your question. Do not get offended if you do not get an immediate response; feel free to try again to get our attention.
Adams Atomic Engines, Inc. rod.adams (@ symbol) atomicengines.com

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Last updated March 13, 2010