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Neah Power Systems, Inc. (NPWZ)
Neah Power Systems, Inc. (NPWZ) is focused on the development of innovative, long-lasting, efficient and safe power solutions for military, transportation and portable electronics applications. The company applies its portfolio of patented technologies to maintain a competitive position in the fast-growing market for fuel cells and power generation devices.
At the core of Neah Power Systems' fuel cell business is three product lines, each in various degrees of progression and potential commercial partnerships: the patented and award winning, silicon-based Powerchip® technology; BuzzBar™ and BuzzCell™ micro fuel cells, which use patent pending low cost, differentiated technology; and Formira™, a reformer platform for direct on-site generation of hydrogen gas. Neah Power Systems' partnership agreement with Tectonica of Australia will allow for cross marketing of Tectonica's BANTAM® System and Neah Power Systems' Formira™ HOD technology in a wide range of geographic areas. These teaming agreements helps increase the market sector and geographical reach of the Company without incurring the associated expenses of expanding into those areas.
Neah Power Systems has 14 patents and eight patents pending. Prospective applications of these technologies include notebook, PCs, military radios, drones, and other computer, entertainment and communications products. The company's ideas and products received several industry awards, including: 2012 ZINO Green finalist, 2010 WTIA finalist, and 2010 Best of What's New™ Popular Science, Office of Naval Research Award, Red Herring Top 100 Innovators Winner, NIST Award and more.
At the helm of progressive market achievements and innovations is a management team and board of directors decorated with decades of relative expertise and knowledge. This team of individuals delivers a wealth of experience and hands-on development, which are complementary to Neah Power Systems' impressive intellectual property portfolio and fuel the company's increasing momentum in the competitive energy, fuel cell and technology sector.
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