MesoSystems Technology Spins Off MesoFuel
MesoSystems Technology Inc. (Albuquerque, NM) announced the formation of MesoFuel Inc. (Albuquerque, NM), a fuel-cell-related technology company. Former Sandia National Laboratories microsystems developer Ned Godshall, was named CEO. As part of the spin-out, several of MesoFuel's key employees were transferred from MesoSystems, where the proprietary technology was developed during the past two years.
"MesoFuel will concentrate on overcoming the last remaining critical problem that's holding back fuel cells from becoming common in the marketplace, the safe and low-cost availability of the hydrogen fuel itself," said Godshall. "The issue of hydrogen fuel delivery hasn't been adequately addressed, and we see our expertise using micro-technology for hydrogen generation as key to enabling this industry."