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Posted On: 03/31/2015 10:24:16 AM
$MVTG !!!!!
Even Without the Threat of Electric Vehicles, PEM Fuel-Cells Already Have Heavy Technological Competition From Alternative Fuel-Cells
Mantra Energy (OTCQB:MVTG) is preparing to launch a fuel cell that is safer, cheaper, lighter and more compact than conventional fuel cell technologies such as those produced by BDLP and PLUG. By utilizing a mixed stream of fuel and oxidant, the MRFC eliminates the costly and failure-prone membrane and greatly simplifies the reactor design, resulting in estimated cost savings of 60 to 80%.
While fuel cell technologies have seen several billions of dollars of investment the past decade, high costs and technical challenges have prevented widespread adoption. As their fuel cell technology would be significantly lighter, safer, simpler and most importantly cheaper than existing solutions, they are positioned as the leading contender for future fuel cell vehicles should they even gain traction.
http://seekingalpha.com/article/2913576-fuel-...-long-term
Even Without the Threat of Electric Vehicles, PEM Fuel-Cells Already Have Heavy Technological Competition From Alternative Fuel-Cells
Mantra Energy (OTCQB:MVTG) is preparing to launch a fuel cell that is safer, cheaper, lighter and more compact than conventional fuel cell technologies such as those produced by BDLP and PLUG. By utilizing a mixed stream of fuel and oxidant, the MRFC eliminates the costly and failure-prone membrane and greatly simplifies the reactor design, resulting in estimated cost savings of 60 to 80%.
While fuel cell technologies have seen several billions of dollars of investment the past decade, high costs and technical challenges have prevented widespread adoption. As their fuel cell technology would be significantly lighter, safer, simpler and most importantly cheaper than existing solutions, they are positioned as the leading contender for future fuel cell vehicles should they even gain traction.
http://seekingalpha.com/article/2913576-fuel-...-long-term
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