Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

AlumiFuel Power Corp. (AFPW) Moves to Expand Intellectual Property Portfolio to Include New Hydrogen Storage and Generation Technologies

Today, AlumiFuel Power Corp. wholly-owned subsidiary, AlumiFuel Power, Inc. reported an initiative to evolve beyond its existing IP platform in custom nano-formulated dry-hydrogen fuels (uniquely cartridge packed) with proprietary reactants, into other aluminum and non-aluminum hydrogen storage/generation technologies.

Already in a leading position as the first company to successfully commercialize the novel aluminum/water/additive exothermic chemical reaction technology, AFPW also has the manufacturing competencies to deliver a complete systems model, as evinced by the PBIS-1000 generator. Designed for ruggedized functionality in military-suitable applications, the PBIS-1000 CAD drawings were done at AFPW in Philadelphia, Pennsylvania and fabrication is all handled by domestic US automated manufacturers using the highest quality materials.

Branching out beyond its own continuous in-house R&D efforts into strategic relationships via these reported, ongoing discussions with certain academic institutions, which already have DOE-funded IP and are looking for an industry platform to accelerate/commercialize the technology, may offer AFPW investors more bang for their buck.

Director of Engineering at AlumiFuel, Sean McIntosh, emphasized the DOE market, as well as the many other new markets/funding opportunities this evolution would bring and assured investors that the massive ancillary hydrogen markets could even begin delivering hammer blows to the energy market. With PEM (proton exchange membrane) fuel-cell architectures rapidly supplanting battery/gasoline power technologies, especially in the DOE space, the potential market capitalization for the new IP initiatives is impressive.

And so will the new IP initiatives which focus on enhanced additives, solid and gelled aluminum, as well as chemical hydrides. This move will allow AFPW to achieve market penetration beyond the scope of its aluminum powder alone, into ancillary markets like power sources for forklifts and ground support vehicles for air operations, a key category already identified by DOE as ideal for such hydrogen applications.

The Company’s existing powder aluminum technology was designed and is ideal for rapid reaction rate and extremely high energy density applications using novel delivery methods, with UUVs (unmanned undersea vehicles or subdrones) or weather balloons being initial design targets. Advancements in solid aluminum technologies have allowed even greater increases in energy density, making it possible to substantially reduce the weight of the fuel load by practically doubling the volumetric storage density.

New leading targets by DOE focus on achieving solid-state functionality at maximum efficiency and cost. The new IP initiatives will drive hard at these targets with designs like an aluminum powder embedded in a carrier gel, allowing for the fuel source to easily be pumped into/out of a reactor chamber. Additionally, metal hydrides are being examined, along with other non-aluminum applications for DOE applications and other targets within the automotive sector. The use of metal hydrides as a hydrogen sponge allows for low pressure tanks to be used to store large amounts of hydrogen safely, a very attractive model for pre-automotive vehicular and other markets.

DOE-commissioned market survey data shows relevant segments like emergency response and back-up power ($6.4B), forklifts ($5.2B by 2013) and airport ground handling vehicles ($2.6B) as huge, potentially addressable areas for the technology as well.

For more information on this new initiative, existing technologies, or on the Company itself, place visit the AlumiFuel Power Corp. website at AlumiFuelPowerInc.com

Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net