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International Automated Systems, Inc. (IAS or IAUS) is a company with research and development in various industries, that has been involved in many ventures to design, produce, market, and sell high-technology products. It has been publicly traded since 1988, as an over-the-counter stock (stock symbol IAUS.PK). The founder and major shareholder is Neldon Johnson. It is currently based in Salem, Utah, United States, where it was founded in 1987.
Starting in 2013, [1] IAUS came under fire for questionable claims and practices related to a solar power project. In 2018 IAUS was found guilty of multiple counts of fraud. The company, and Johnson, were ordered to pay $50 million in fines and penalties. [2]
Since 2004, International Automated Systems has put most of its efforts into developing a solar powered electricity generating system, based on solar heat collected by patented lenses and focused on a heat receiving system. This heat is then used to generate steam, which turns patented 'blade-less' turbines, and generates electricity. Prototypes of this system have been demonstrated at several locations. A fully functional electricity generation system has been under construction since 2005 in Delta, Utah.
In 2018, IAUS was found guilty of operating an elaborate fraud scheme. The company's "solar lens" products were found to not produce any electricity, and were marketed mainly as a method to obtain tax credits. Judge David Nuffer wrote: that Neldon Johnson and his associates "knew or had reason to know that their statements about tax benefits purportedly related to buying the solar lenses were false or fraudulent." [3]
Some of the products or potential products of International Automated Systems include an automated retail self-service checkout system and management software for retail establishments. A demonstration project for this was a grocery store called U-Check that was built and run in Salem, Utah. Portions of International Automated Systems' technology have been licensed to Optimal Robotics for an undisclosed amount of money. However, Optimal Robotics Corporation previously had designed and implemented their own self-check out system, which they reported to have developed completely independently of International Automated Systems. A press release by Optimal Robotics on January 24, 2004, states: "Optimal Robotics Corp. (NASDAQ: OPMR), today announced that it has entered into a settlement agreement with International Automated Systems, Inc. (IAS), which brings to a close the patent lawsuit between the parties. In accordance with the agreement, IAS will receive a sum that is not considered to be material to Optimal." [4]
International Automated Systems developed a biometric device consisting of an automated fingerprint reader (AFIM = Automated Fingerprint Identification Machine) that was able to read a person's fingerprint, then use that information to create a specific, personalized code number, which could be stored in a small amount of digital space, such as on the magnetic strip of a credit card. People could then use other AFIM fingerprint scanners to identify themselves and purchase items or obtain access to controlled locations and devices in a secured way.
The company currently is developing or has developed or partially developed products for airport security systems; automated restaurant systems; 'bladeless' turbines for electrical power generation; and solar technology systems for production of electricity and gasoline.
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery to end users or its storage, using for example, the pumped-storage method.
Ocean thermal energy conversion (OTEC) is a renewable energy technology that harnesses the temperature difference between the warm surface waters of the ocean and the cold depths to run a heat engine to produce electricity. It is a unique form of clean energy generation that has the potential to provide a consistent and sustainable source of power. Although it has challenges to overcome, OTEC has the potential to provide a consistent and sustainable source of clean energy, particularly in tropical regions with access to deep ocean water.
ABB Ltd is a Swiss multinational electrical engineering corporation headquartered in Zurich, Switzerland. Owing to its history, it is dual-listed on the SIX Swiss Exchange in Zurich and the Nasdaq Nordic exchange in Stockholm, Sweden, in addition to OTC Markets Group's pink sheets in the United States. It was ranked 340th in the Fortune Global 500 list of 2020 and has been a global Fortune 500 company for 24 years.
A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid.
The solar updraft tower (SUT) is a design concept for a renewable-energy power plant for generating electricity from low temperature solar heat. Sunshine heats the air beneath a very wide greenhouse-like roofed collector structure surrounding the central base of a very tall chimney tower. The resulting convection causes a hot air updraft in the tower by the chimney effect. This airflow drives wind turbines, placed in the chimney updraft or around the chimney base, to produce electricity.
Distributed generation, also distributed energy, on-site generation (OSG), or district/decentralized energy, is electrical generation and storage performed by a variety of small, grid-connected or distribution system-connected devices referred to as distributed energy resources (DER).
Solar thermal energy (STE) is a form of energy and a technology for harnessing solar energy to generate thermal energy for use in industry, and in the residential and commercial sectors. Solar thermal collectors are classified by the United States Energy Information Administration as low-, medium-, or high-temperature collectors. Low-temperature collectors are generally unglazed and used to heat swimming pools or to heat ventilation air. Medium-temperature collectors are also usually flat plates but are used for heating water or air for residential and commercial use.
Electrification is the process of powering by electricity and, in many contexts, the introduction of such power by changing over from an earlier power source. In the context of history of technology and economic development, electrification refers to the build-out of the electricity generation and electric power distribution systems. In the context of sustainable energy, electrification refers to the build-out of super grids with energy storage to accommodate the energy transition to renewable energy and the switch of end-uses to electricity.
A combined cycle power plant is an assembly of heat engines that work in tandem from the same source of heat, converting it into mechanical energy. On land, when used to make electricity the most common type is called a combined cycle gas turbine (CCGT) plant, which is a kind of gas-fired power plant. The same principle is also used for marine propulsion, where it is called a combined gas and steam (COGAS) plant. Combining two or more thermodynamic cycles improves overall efficiency, which reduces fuel costs.
Environmental technology (envirotech) is the use of engineering and technological approaches to understand and address issues that affect the environment with the aim of fostering environmental improvement. It involves the application of science and technology in the process of addressing environmental challenges through environmental conservation and the mitigation of human impact to the environment.
Sustainable architecture is architecture that seeks to minimize the negative environmental impact of buildings through improved efficiency and moderation in the use of materials, energy, development space and the ecosystem at large. Sustainable architecture uses a conscious approach to energy and ecological conservation in the design of the built environment.
The concept of a vortex engine or atmospheric vortex engine (AVE), independently proposed by Norman Louat and Louis M. Michaud, aims to replace large physical chimneys with a vortex of air created by a shorter, less-expensive structure. The AVE induces ground-level vorticity, resulting in a vortex similar to a naturally occurring landspout or waterspout.
Microgeneration is the small-scale production of heat or electric power from a "low carbon source," as an alternative or supplement to traditional centralized grid-connected power.
Machine to machine (M2M) is direct communication between devices using any communications channel, including wired and wireless. Machine to machine communication can include industrial instrumentation, enabling a sensor or meter to communicate the information it records to application software that can use it. Such communication was originally accomplished by having a remote network of machines relay information back to a central hub for analysis, which would then be rerouted into a system like a personal computer.
Small wind turbines, also known as micro wind turbines or urban wind turbines, are wind turbines that generate electricity for small-scale use. These turbines are typically smaller than those found in wind farms. Small wind turbines often have passive yaw systems as opposed to active ones. They use a direct drive generator and use a tail fin to point into the wind, whereas larger turbines have geared powertrains that are actively pointed into the wind.
Renewable energy in Australia is mainly based on biomass, solar, wind, and hydro generation. Over a third of electricity is generated from renewables, and is increasing, with a target to phase out coal power before 2040. Wind energy and rooftop solar have particularly grown since 2010. The growth has been stimulated by government energy policy in order to limit the rate of climate change in Australia that has been brought about by the use of fossil fuels. Pros and cons of various types of renewable energy are being investigated, and more recently there have been trials of green hydrogen and wave power.
In thermal engineering, the organic Rankine cycle (ORC) is a type of thermodynamic cycle. It is a variation of the Rankine cycle named for its use of an organic, high-molecular-mass fluid whose vaporization temperature is lower than that of water. The fluid allows heat recovery from lower-temperature sources such as biomass combustion, industrial waste heat, geothermal heat, solar ponds etc. The low-temperature heat is converted into useful work, that can itself be converted into electricity.
A compact linear Fresnel reflector (CLFR) – also referred to as a concentrating linear Fresnel reflector – is a specific type of linear Fresnel reflector (LFR) technology. They are named for their similarity to a Fresnel lens, in which many small, thin lens fragments are combined to simulate a much thicker simple lens. These mirrors are capable of concentrating the sun's energy to approximately 30 times its normal intensity.
Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and installed over 3,200 MW. As of January 2021 it owns and operates 933 MW of geothermal and recovered energy based power plants. Ormat has supplied over 1000 turbochargers worldwide: North America, South America, Europe, Australia, and Asia. The company's products also include turbines, generators, and heat exchangers.
Identix Incorporated, established in August 1982, designed, developed, manufactured, and marketed user authentication solutions by capturing and/or comparing fingerprints for security applications and personal identification. Markets included corporate enterprise security, intranet, extranet, internet, wireless Web access and security, E-commerce, government, and law enforcement agencies.
Stock symbol IAUS.PK