Update 1: Still nothing from Steorn yet, but Irish RTE News has also "confirmed" the impending announcement. Moreover, a "very simplified version" of the technology will be viewable by streaming media over the Intertubes. So get ready kids, they say you'll be able to watch janky video of a prototype "lifting a weight" from four different angles starting at 6pm
Update 2: First picture of the mystical device! [Thanks, Jordy]
Update 3: CEO Sean McCarthy tells SilconRepublic how it works. Namely, the time variance in magnetic fields allows the Orbo platform to "consistently produce power, going against the law of conservation of energy which states that energy cannot be created or destroyed." He goes on to say "It's too good to be true but it is true. It will have such an impact on everything we do. The only analogy I can give is if you had absolute proof that God wasn't real." Whoa. Link to demonstration site now added below.
Update 4: Well, 6pm London time has come and gone. However, Steorn's site now says that the video will go live at 6pm "Eastern Time." Apparently, their demo is aimed at the US. A fossil-fuel Independence Day? Riiiiight.
Update 5: Jeebus, what a non-event. Even though they wield supreme control over the laws of physics, Steorn had to cancel tonight's event "due to technical difficulties." We'd laugh if it wasn't so pathetically tragic. The live stream is now rescheduled ambiguously to the 5th July. Now move along folks, there's nothing to see here.
[Thanks, Obi N. and Jonathan G.]
Read -- Kinetica museum (not announced yet)
Read -- rumored announcement
Read -- world's first "free energy" live demo (just not live yet -- hey is Orbo powering the London Eye!)