ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,512,723, issued on Dec. 30.

"Magnetic flywheel energy management system and method" was invented by Donald James Ashley (Milpitas, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Flywheel based electrical energy management system and device. The device will often comprise at least one shaft mounted flywheel, each flywheel comprising a flywheel mass that contains a plurality of permanent magnets. The flywheel spins within at least one stator comprising a plurality of magnetic pickup coils configured so that the flywheel mass can rotate freely within the stator. The flywheel may be placed in a vacuum chamber and be supported by magnetic bearings. Th...