Nanosys Inc. (Palo Alto, CA) announced that it has entered into a collaborative agreement with Sharp Corp. (Osaka, Japan) to develop nanotechnology-enabled fuel cells incorporating Nanosys' proprietary nanostructure technology. Under the terms of the agreement, Nanosys will collaborate with Sharp to utilize its nanostructure technology to help develop high-performance fuel cells for use in portable consumer electronics such as laptop computers, cell phones and cameras. Financial details of the agreement were not disclosed.
"Sharp's expertise and success in the development and commercialization of portable electronics and renewable energy products makes them an excellent collaborator for Nanosys," said Nanosys Chief Executive Officer Calvin Chow. "We are excited about the opportunity to apply our nanostructure technology with Sharp to address the numerous opportunities in the rapidly growing, multi-billion dollar portable power market."
