No coin nor oath required. For personal study only.
IceMOS helps to put in place all of the building blocks needed to create Neah Power's product.
Neah's working micro fuel cell prototype, which was demonstrated last year [FCB, November 2007], runs as a closed-loop system without requiring air as an oxidant. The technology is used to develop long-lasting, efficient and safe power supply systems for portable electronic devices, including notebook computers, military radios and other power-hungry products. It uses a unique, patented, silicon-based design for its micro fuel cells that is claimed to achieve higher power densities than other technologies, enabling products to be made that are lighter in weight and have a compact form-factor.
Through an investment banking relationship with Jesup & Lamont, Neah Power recently announced that it has commitments for funds of more than $850 000. This funding will provide working capital for the company, and further merger and acquisition discussions it is pursuing.
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