ALEXANDRIA, Va., July 23 -- United States Patent no. 12,367,996, issued on July 22, was assigned to MAGNOTIZE LLC (Murray Hill, N.J.).

"Method and apparatus for magnetic arrangements" was invented by Thaddeus Gabara (Murray Hill, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A periodic arrangement of magnets are used to form structures that channel the potential energy that a magnet possesses into kinetic energy in a controlled fashion to perform some useful work or some function. One apparatus that performs a function is created from a pair of magnetic arrangements formed in a radial pattern around a central magnet and securing each arrangement within a disk that is fabricated from a non-magnetic mate...