During the 2003 STAIF Conference, the author proposed a theory based upon gravitational anomalies, that would use a universal gravitation model with a radial force term coupled with angular momentum. This extended the previous work of Murad and Baker, Dyatlov who explains angular momentum effects as consequences of a ‘spin’ field, and also of Jefimenko. Angular momentum may explain various spin asymmetries allowing the transfer of gravitational radiation directly into angular momentum observed in some anomalous gyroscope experiments; planets orbiting around the sun; moons orbiting larger planetary bodies; and planetary rotation direction. Moreover, a decrease in rotation of a rapidly spinning neutron star may be due to generating gravitational waves as the star loses energy and angular momentum in a tangential direction by changes within its gravitational field. Similarly a coalescing binary black hole “loses” up to 12&percent; of its total angular momentum. A High‐Frequency Gravitational Wave (HFGW) experiment using a mini‐synchrotron could test this proposed theory. Results suggest Jefimenko’s cogravity field may represent the elusive ‘spin’ or ‘torsion’ field. The model also indicates gravity strength may increase with the speed of a moving body or spacecraft. Finally, if true, these new effects can have a revolutionary impact upon theoretical physics and Astronautics. © 2004 American Institute of Physics