Manhattan Scientifics Inc. (Los Alamos, NM) announced that it has licensed its mid-range (NovArs) fuel cell technology to a Singapore company with manufacturing in China. The contract gives the licensee non-exclusive rights to produce and sell fuel cell engines based on the NovArs technology owned by Manhattan Scientifics. The agreement involves an upfront payment, royalty […]
Sheng Ye Electrical Co. Ltd. (China) launched the CBB3X Series of snubber and high-current capacitors that are targeted for use in chargers,...
HyRadix Inc. (Des Plaines, IL) announced the unveiling of the first fuel cell in Texas using propane as the fuel. The fuel cell system is providing power to the Texas Department of Transportation's TransGuide Facility in San Antonio. The system combines HyRadix's Agilon™ propane reformer with a proton-exchange membrane fuel cell supplied by Plug Power […]
The Society of Manufacturing Engineers (SME) announced the launching of a new event, the Alternative and Advanced Energy Technologies: Manufacturing Challenges and Opportunities, which will be taking place October 12-13, 2004, at the Hyatt Regency Dearborn in Dearborn, MI. The conference will demystify fuel cell technologies by featuring interactive displays and exhibits of automotive, portable […]
Tyco International Ltd. (West Windsor, NJ) reported that quarterly net income rose 23 percent, beating the company's own forecast. The conglomerate, which previously said it planned to exit more than 50 small businesses, is in talks on about 20 potential deals to unload assets. Tyco, whose former chairman and former finance chief have been on […]
Millennium Cell Inc. (Eatontown, NJ), a technology development company that has created a proprietary process to safely store, generate and deliver pure hydrogen, announced that it has been awarded two patents by the US Patent and Trademark Office. US Patent number 6,670,444 describes an economic approach for producing sodium borohydride, and US Patent number 6,683,025 […]
Kettering University (Flint, MI) announced that it will construct the Center for Fuel Cell Systems and Powertrain Integration on its campus thanks to a $1.8 million grant from the Economic Development Administration (EDA) of the US Department of Commerce. The EDA grant is the keystone of a funding package that totals $3 million and allows […]
Westport Innovations Inc. (Vancouver, BC) announced that it has joined Fuel Cells Canada in an effort to advance the development and use of hydrogen among transportation and industrial users. The goal is to accelerate the development of Canada's hydrogen and fuel cell industry to help develop a fueling infrastructure that will provide real-world experience with […]
Ener1 Inc. (Fort Lauderdale, FL), a developer of lithium batteries and fuel cells, named Hiroaki Murase, a project manager with ITOCHU Corp., as Vice President of Business Development. Murase has played key roles in expanding the relationship between Ener1 and ITOCHU in the areas of marketing, technology development and production. Murase will direct Ener1's worldwide […]
Ener1 Inc. (Fort Lauderdale, FL), a developer of lithium batteries and fuel cells, announced the completion of a private placement of $20 million in principal of its 5-percent senior secured convertible debentures. The debentures are convertible into common stock of Ener1 at $1.25 per share. Ener1 also has the right to automatically convert the debentures […]
Medis Technologies Ltd. (New York) reported that it has filed three new patents with the US Patent Office. The first patent is for a system of independent orientation, describing a proprietary system that enables its fuel cell products to operate in any orientation – up, down or sideways. The second patent covers further improvements in […]
Hydrogenics Corp. (Toronto, Canada), a designer and manufacturer of fuel cell technology, announced plans to sell 11 million shares for $84 million. The shares will be priced at US$5.75 each, or CDN$7.63, and provide net proceeds of US$60 million to the company, excluding the underwriters' over-allotment option. The underwriters have an option to buy up […]
The Bush administration wants a 43-percent increase in federal funds to develop cars that run on hydrogen fuel and the service stations to support them. The additional $69 million would bring the program's total funding to $228 million for the 2005 spending year, which begins October 1, under the White House's recently released proposed government […]
Tyco Electronics Power Systems Inc. (Dallas, TX) and SynQor Inc. (Boxborough, MA) have formed the Distributed-Power Open Standards Alliance (DOSA) to ensure...
Airtricity (Dublin, Republic of Ireland) has chosen an ION® enterprise energy management system from Power Measurement Ltd. (Victoria, BC, Canada) to monitor electricity production at its Corneen wind park in Ireland. Located on the Slieve Rushen Mountain in County Cavan, the site's two 1.5 MW wind turbines produce 3 MW of clean electricity for the […]