Neah Power to Offer Customers Licenses to Manufacture Fuel Cells
Neah Power Systems Inc. announced that it has added a strategic component to its business model by offering licenses to potential customers to manufacture Neah’s patented PowerChip™ technology. Traditionally, Neah Power has focused on an outsourced manufacturing business model. The shift to emphasize a licensing strategy is intended to further leverage existing third-party manufacturing capacity in the semiconductor industry.
Dr. Chris D’Couto, CEO Neah Power Systems, said, "The ability to use existing, low cost, third-party factories to manufacture our PowerChip™ technology is a key differentiator between our fuel cells and incumbent Proton Exchange Membrane (PEM) products. Our licensing strategy is a powerful competitive tool particularly for customers who have access to their own computer chip manufacturing capacity. Because our products can be manufactured with existing equipment used in the semiconductor industry, licensing allows potential customers to leverage current manufacturing facilities without significant capital outlays for new equipment. We believe this manufacturing capacity, along with the longer fuel cell life, higher power density (power per unit area) and anaerobic (non-air) functionality of our PowerChip technology provides us with competitive advantages over PEM-based fuel cells."
