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First, the question of negative voltage. The short answer is that When Don Bently
worked on making solid-state versions of the eddy-current measurement system (it
was actually originally designed in the 1930s by GE engineers using vacuum tubes),
he had a choice between using N-P-N transistors or P-N-P transistors. At the time,
transistors were quite expensive, so he chose the least expensive of the two: P-N-P
(apparently, PNP transistors they were less expensive to manufacture 50 years ago
than their NPN counterparts).
Because the circuits used PNP transistors, a negative bias voltage was required
rather than a positive bias voltage. Don chose -18V. This was later changed to -24V
to allow more linear range from the transducer.
At that time, the industrial instrumentation community had not yet standardized on
+24 vdc, and by the time they did, there were so many Bently Nevada eddy current
vibration sensors installed that changing to +24V rather than -24V was not greeting
with enthusiasm by users. Hence, it has remained -24V to this day.
This was not a deliberate effort to “be different” or “non-conformist” on the part of
Bently Nevada. It was quite literally based on which components were the least
expensive when the technology was originally introduced 50-plus years ago.