Steorn's Curtain, along with some Finances and Patents
Steorn updated their website today with a rendering of a curtain, along with "4 February 2009". We'll learn more tomorrow, but this is probably the kick off of Steorn's 300 Engineers campaign mentioned by Sean in December.
Also, we learned that Steorn's financial statements were made avialable. I haven't had a chance to look at them yet, but according to 15-India-Street:
Finally, Steorn has submitted another patent application, SYSTEM AND METHOD FOR MEASURING ENERGY IN MAGNETIC INTERACTIONS. Here is a list of three patents that Steorn has submitted through the patent system so far.
They lost 3,5 million in 2007, and still had some 4 million cash on 31 December.
Assuming the burnrate continued in 2008, they had only 0.5 million on 31 December 2008, with less than 3 months left. The end may be near, at last.
Thanks to all the posters here for filling us in on the activity!
