Viaspace Inc. is a clean energy company focused on providing products and technology that reduce dependence on polluting fossil fuels. Through its alternative energy subsidiary, Direct Methanol Fuel Cell Corporation, the company designs and manufactures disposable methanol fuel cartridges that supply power for portable electronic devices such as mobile phones.
Direct Methanol Fuel Cell has partnered with Samsung and other major companies around the world engaged in methanol fuel cell development and applications. To support the ongoing needs of customers – including commercial introduction of liquid fuel cells as an economic and environmentally friendly alternative to traditional batteries – the company is forming a worldwide supply infrastructure of cartridge manufacturing, methanol filling and distribution.
Through its patent portfolio, Direct Methanol offers patent protection for electronics OEMs and manufacturers of direct methanol and other liquid hydrocarbon fuel cells. The company will join with these manufacturers globally to bring their fuel cell products to market within cost-effective parameters. Direct Methanol will develop custom-designed cartridges for partners’ varying applications while ensuring the finished products meet technical and safety requirements.
With state of the art proprietary products, a global network of manufacturing partners, and a comprehensive suite of fundamental fuel cell patents, Direct Methanol Fuel Cell is fully prepared to commercialize this exciting new technology. According to Frost & Sullivan, the market for commercial fuel cells for portable electronic devices is expected to reach more than $600 million by 2013. In addition, since the items are a disposable consumer item, they will represent a significant ongoing recurring revenue stream for the company.
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