You don't have to go to Toronto to find players in the fuel cell arena that will also compete with Ballard. DCHT, right here in the good ol USA is also working on PEM fuel cell technology, and has a market cap of only 9 million!
SHERMAN OAKS, Calif.--(Businesswire)--May 21, 1998--DCH Technology, Inc. (DCH) OTC:DCHT) is signing a Cooperative Research And Development Agreement (CRADA) with Los Alamos National Laboratory (LANL) to commercialize a patented Circular Fuel Cell Stack.
This demonstrable fuel cell uses a proton exchange membrane (PEM) to convert hydrogen gas into electricity. Fuel cells are used to provide a versatile and reliable source of electricity. DCH's fuel cell system is modular, scaleable and can deliver a peak power of 50 to 500 watts of renewable, clean power by utilizing circular fuel cell stacks.
DCH will manufacture and distribute the modular fuel cell system to the following industries: aerospace, nuclear, communications, medical, personal transportation and residential power.
Glenn Rambach , an internationally recognized fuel cell and energy system specialist, states "it is highly significant to have a leading hydrogen technology company like DCH enter the fuel cell arena, which could have a combined market size of $3 billion within the next five years."
Community Power Corporation has already committed to purchase, deploy and logistically support the fuel cell system in emerging markets in Asia and Latin America.
DCH's proven sensing and feedback control technologies are incorporated into each stack to optimize performance and reliability. Dr. Mark Daugherty, DCH Chief Scientist, formally advanced systems project engineer at LANL, stated "compared to conventional fuel cells, DCH's modular fuel cell system provides lower cost, lower weight and less maintenance. In the near future, DCH fuel cell technology will be deployed on a worldwide basis."
The industrial teammates working with DCH will be announced shortly.
LANL, an expert in fuel cell development and applied chemistry, will be performing optimization analysis, modeling and testing in support of DCH's commercialization. DCH will be demonstrating the production configuration of this Modular Fuel Cell System at the internationally attended National Hydrogen Association (NHA) Tenth Annual Meeting in
Alexandria, VA.
DCH Technology is a technology development and manufacturing firm specializing in patented
and proprietary gas sensor and safety products that are sold to industrial and government
customers worldwide. DCH's core technologies include the Robust Hydrogen Sensor, the Thick
Film Hydrogen Sensor, the Fiber Optic Sensor and the Universal Gas Sensor. The current market
for gas sensors is $1 billion and is rapidly growing. DCH technologies are currently being used
by NASA, Westinghouse, Northrop Grumman, and other large multi-national companies. For
more information, consult the DCH Technology website at dch-technology.com. |
