Friday, December 30, 2005

Fuel cells for mobiles get serious

Nasdaq-listed Medis Technologies said in a letter to shareholders on 28 December that its fuel-cell based Power Packs would be available for testing with mobile products in 2006 and be for sale in 2007. According to the company, its scientists have chosen “not to follow the traditional approach of fuel cells, including direct methanol fuel cells, which require the use of pumps or other moving parts.

“Instead, taking advantage of their specialisation in materials science, they developed an entirely different fuel cell technology which emphasizes the use of the materials, themselves, rather than complex support systems, to create the resulting power.”

The company says it “has developed a small, light weight, safe product, capable of charging a broad array of portable devices, multiple times (providing 20 to 30 hours of talk time for a cellphone and 60 to 80 hours of use time for certain iPods) at an attractive cost.”

Medis plans to manufacture 100,000 Power Packs in 2006, mostly for product testing. About 1,000 will go to opinion formers, including the media.

Mass production starts in 2007 – it has manufacturing capacity of up to 1.5 million units a month - and the company hopes to make $3 per unit (before sales, general and administration costs).
http://www.medistechnologies.com/

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