|
Direct Methanol Fuel Cells to Reshape Consumer Electronics Market
QuantumSphere (Santa Ana, CA) announced a business and scientific breakthrough that will fully impact OEM manufacturers in the consumer electronics industry and the users of a wide variety of devices requiring portable power on a global scale. The fuel cell industry and OEMs are confronted with a fundamental problem. Direct Methanol Fuel Cells (DMFCs) require an excessive amount of platinum to produce energy required to power consumer electronics and other devices that require portable power.
“For Example, DMFCs can require up to 16-times more platinum to produce the power needed to operate consumer electronics devices,” said Kevin Maloney, CEO, QuantumSphere, Inc. “It is well known that DMFCs should offer a clear replacement advantage for traditional battery technology. DMFCs have more energy density. They operate for far longer periods of time. However, given the prohibitively expensive price of platinum, it precludes the consumer electronics, and portable power markets, from fully opening up and adopting DMFCs on a wide-scale basis. Prior to our proprietary nano-cobalt (QSI-Nano™ Cobalt) product, the business case for a DMFC replacement solution, on a cost-per watt basis, just wasn’t there,” Maloney added.
Today, QSI-Nano™ Cobalt shifts the cost of DMFC catalyst materials down by at least 30%. As a result, QuantumSphere offers a disruptive product solution that can be manufactured, shipped and seamlessly integrated into current customer applications on a commercial scale. This will provide OEMs, and a wide variety of markets, with a cost-effective solution, as QuantumSphere continues to research, develop, produce and ship alternative catalyst products on a mass scale at a fraction of the cost. “QuantumSphere’s ongoing scientific and business breakthroughs will liberate companies from their dependence on platinum, lower the cost of production and increase profit margins, thereby enabling firms to offer new products at a price point that will be accepted in the market,” said Kimberly McGrath, Ph.D., Director of Fuel Cell Research, QuantumSphere, Inc.
Visit www.qsinano.com
|