Steorn Ltd is a small technology
firm based in Dublinʼs
Docklands Innovation Centre
in the East Wall area. The company
claims to have developed a
micro generator product similar to
kinetic energy generators in watches,
which can produce clean, free
and constant energy– that is they
claim to have discovered the ʻholy
grailʼ of physics, the perpetual
motion machine.

The company was founded in
2000 as a specialist service company
providing programme management
and technical assessment
advice for European companies
engaging in e-commerce projects–
the word steorn is Norse for ʻmanageʼ.

The investment history of Steorn
shows many share allotments
for cash from 2000 to 2005, with
investments of €3 million. In
2006, the company secured further
investments of €8.1 million.
In August 2006, Steorn put an
advertisment in ʻThe Economistʼ
magazine stating they had completed
the development phase of
their project… they had the technology.

This was despite the fact
it was a violation of the principle
of conservation of energy– that
the total amount of energy in an
isolated system remains constant
over time, energy cannot be created
or destroyed, only transferred
from one state to another.
No specific details of the workings
of the claimed technology
have been made public. Steorn
have named their technology
ORBO and are planning to franchise
it under licence in the coming
months.

During December, Chief Executive
Officer, Sean McCarthy
(above) gave a series of talks on
ORBO technology. In addition, for
six weeks since mid-December a
free demonstration of the process
was available daily at the Waterways
Ireland Visitor Centre on
Grand Canal Dock. Videos of the
talks and the technology in action
are now available on the You Tube
website.

Is this world-changing innovation
too good to be true? Many
believe it to be a huge hoax. According
to one high-ranking physicist
who examined the technology,
a Professor Ash, Sean McCarthy
may be truly convinced about the
validity of his invention but this
conviction was “a prolonged selfdeception.”

Check out and decide for yourself.
Those investors who put in
the €11.1 million could have been
dafter and invested in a bottle bank
site.