Millennium Cell and The Dow Chemical Company : Joint Development Program for Portable Fuel Cell Systems

02-Mar-2005

Millennium Cell Inc. and The Dow Chemical Company announced that they have entered into a joint development program to collaborate on the development and commercialization of portable fuel cell systems for use in consumer electronics and military applications. These energy systems will be based upon Millennium Cell's patented Hydrogen on Demand® technology in conjunction with Proton Exchange Membrane (PEM) fuel cells.

The demand for light-weight, long-lasting and cost-effective portable energy systems is growing rapidly. Hydrogen-based fuel cells offer the potential for longer runtimes, greater functionality and wireless convenience in consumer electronic applications such as laptop computers and cell phones. For military applications, they provide higher energy densities at dramatically lighter weight.

Millennium Cell and Dow have signed an agreement that defines a three-year, milestone-driven program. These milestones include securing developmental funding from both the military and a lead consumer electronics customer, and the development, manufacture and delivery of a prototype for military and consumer applications. Dow will provide a combination of business and technical resources to aid in the achievement of these milestones. As milestones are achieved, Dow will increase its resource commitment, as detailed in the definitive agreements signed by both companies.

https://www.chemeurope.com/en/news/43881/millennium-cell-and-the-dow-chemical-company-joint-development-program-for-portable-fuel-cell-systems.html