Bloom Energy IPO Buzz After Press Conference and Bloom Box Unveiling. There’s a lot of investment buzz surrounding Bloom Energy’s new innovation, the Bloom Box. Using fuel to generate energy, households and businesses using the innovation are able to create their own power without plugging in to the electrical grid.
The hype is astounding, and many people are extremely excited about the possibilities that are brought forth with the invention. Others are skeptical that this is yet another fad or overblown hype.
Skeptics are quick to point out that while the Sunnydale startup’s masterpiece will take you off the electrical grid, it won’t reduce your dependence on fossil fuels.
Those that want to jump on board the Bloom Box bandwagon and fork over their hard earned money for investment purposes are a little disappointed, as an IPO isn’t in the company’s immediate plans. You can read more details about that here.
Although the technology is new to the general public, there are major companies that have been testing the Bloom Box. Jim Kennedy from Cox Enterprises put Bloom servers at his TV stations in Oakland and San Diego, California.
Some say that Bloom Energy’s servers will do to energy what the cell phone did to landline telephones. As the cost of the servers come down to a level which an average American household can afford, consumers will have the option of circumventing traditional wired technology.
It’s no wonder that an IPO buzz is surrounding the exciting announcement, as we all have seen how profitable new technology can be. What do you think of the company’s innovation? Is it revolutionary or just a fad?
Thursday, February 25, 2010
Posted by news update at 3:28 AM