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Technology Stocks : Millenium Cell (MCEL)

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From: ItsAllCyclical4/19/2006 7:30:36 PM
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Good read on one of MCEL's partners that licences their tech.

finance.messages.yahoo.com

11% of market is sold by Jadoo!! Impressive!
Who did they just license from? oh ya MCELLLLLL

By 2010 Americans will require 10 kilowatts-hours of “personal power,” compared to the 10 watt-hours averaged in 1980 (Motorola estimates). But while the power of computer chips has doubled every couple years, battery power has advanced little in that time. Now a small US company leading the way in Fuel Cell production may be providing some answers. With only 32 employees, Jadoo Power is responsible for 11% of all shipments of Fuel Cells, according to the company. That it has real live Fuel Cells on sale now is impressive in an industry which is more mouth than trousers. We bring you an exclusive interview further down.

Fuel cells generate electricity through a chemical reaction involving hydrogen - a component of water, and abundant and nonpolluting. Much of the recent publicity over fuel cells has been lavished on big ideas like hydrogen-powered vehicles or electrical generating plants. Jadoo (the name means “miracle” in Hindi) has different aspirations.

It wants to be the power source for such devices as TV cameras, satellite telephones, surveillance cameras and other products that need to be portable but have hefty power requirements.

Handbook of Fuel Cells : Fundamentals, Technology, ApplicationsTHE ULTIMATE FUEL CELL PRIMER - “Handbook of Fuel Cells : Fundamentals, Technology, Applications” - $1,656.00 from Amazon
The market for smaller fuel cell devices is getting lots of attention from technology companies but hasn’t resulted in many products yet, said Dan Benjamin, an analyst with ABI Research in Oyster Bay, N.Y.

Jadoo says its fuel cells are environmentally friendly, have less weight than normal batteries, no memory loss and a longer run time.

We spoke to Jack Peterson- VP Sales for Jadoo Power. The first thing we raised was Jadoo’s competitors: “There are probably 2700 companies working on (the fuel cell area) but only 7-10 with product and only 4-5 in any volume,” he told us, “ and none of them really have the power output we have — 100 Watts for under $1000 dollars – but there’s a lot of promises.

Jadoo, based in Folsom, CA, will stretch in the power range from 20W to 3KW. Its Fuel cell sits in a 4x6x4 inch cube, to protect the active hydrogen element. The other ingredients are a Hydrogen refill canister – a patented shape two inches in diameter and five inches tall; a patented refill station. The final requirement is access to standard sized tanks of hydrogen to be found in places like your local welding shops, and in the future in garages nationally.

“We are positioning the fuel cells to a variety of markets – the biggest markets we are planning to attack is what we call First Responder – everything from law enforcement to medical,” said Peterson. “The broadcast market was our initial launch” (news and documentary cameras have to stay running as long as possible in the field). “Next is portable office – off-grid critical data collection – notebook usage, satellite uplink – anything in the office – and the final market is hobbyists and innovators

“We look at the world of power an devices differently – its not what you use; its how you use your device. For example a first responder who has a 2-band radio walkie–talkie – the power source on the device, the battery, is perfectly fine, - the breakdown happens when that battery is drained and you need to put it into a charger and there is no plug to put the charger into.
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