Magnetic Power Inc. (MPI)

MPI’s Mission

MPI’s mission is to supply the world with clean, abundant, and inexpensive electricity.

The company is developing a breakthrough technology it calls GENIE™ (Generating Electricity by Nondestructive Interference of Energy). Based upon proprietary discoveries in MPI’s labs, GENIE generators are being designed that operate continuously, without fuel, extracting electricity by converting an abundant, renewable, extremely dense, energy source that exists everywhere in the universe. The process will create no pollution. Variations will provide a permanent power supply that eliminates the need for batteries of all sizes. Conventional power costs are rising. The cost of electricity from GENIE promises to be less than any competing form of power generation today, or in the foreseeable future.

GENIE will be scaled to a wide range of applications. These include the relatively small power needs of consumer devices. GENIE can turn future cars into decentralized power plants. GENIE can rapidly be commercialized. GENIE can be fabricated in many electronics factories.