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Costa
Mesa, CA, U.S.A. September 13, 2004
QuantumSphere, Inc., today announced it has completed
the buildout of a large-scale reactor for the production
of nanonickel (n-Ni) that will be used to produce
a renewable source of power to supply the world’s
energy needs. Some of the markets QuantumSphere will
enter include: power for automobiles; remote, portable,
and distributed power generation; residential, industrial
and commercial power systems; heavy equipment; consumer
electronics; and other government and military applications.
The use of nanonickel to manufacture hydrogen fuel
provides a source of renewable, pollution-free power
that can be made from seawater and, after used, produces
clean water as a byproduct. The news follows QuantumSphere’s
previous announcement that it opened an expanded manufacturing
facility in response to demand for the company’s nanoaluminum
(n-Al) powder for breakthrough applications in the
aerospace and defense markets.
“There is
an inordinate amount of talk in the industry about
the promise of using nanonickel to manufacture hydrogen
fuel, but there is a gaping problem in the industry.
Nobody can produce extremely high-quality nanonickel
material for advanced applications,” said Kevin Maloney,
CEO, QuantumSphere, Inc. “The geopolitical ramifications
regarding the production of nanonickel for a new source
of power are immense. Overdependence on oil from the
Middle East and other foreign sources places our national
security at risk when the United States enters or
quells conflicts in other lands to ensure America
has ready access to supply our energy needs. According
to the National Energy Foundation, U.S. trade balance
sheets show that oil imports drain $1 billion from
the U.S. economy every week. The use of new sources
of power will go a long way to help alleviate some
of these problems,” Maloney added.
“As the automotive
and heavy equipment industries begin to adopt hydrogen
fuel cells on a wider scale, companies will experience
a dire need to dramatically reduce the cost of producing
hydrogen fuel cells and increase their durability,”
said Dr. Douglas Carpenter, Chief Scientific Officer
and Director of Research and Development, QuantumSphere,
Inc. “As QuantumSphere begins to manufacture commercial
quantities of nanonickel in the first quarter of next
year, companies will use our nanonickel powder to
reduce the cost of producing hydrogen PEM fuel cells
by 75%, which are predominantly used to power cars
and trucks. Nanonickel applications will also vastly
improve the efficiencies of storing and generating
new sources of power in a wide variety of other industries
as well,” Dr. Carpenter added.
About QuantumSphere,
Inc.
QuantumSphere manufactures
leading metallic nanopowders for breakthrough propellants,
munitions and other energetic applications in the
aerospace, defense, energy and other markets demanding
advanced material applications. QuantumSphere’s exclusive
manufacturing process provides: consistent, narrow
particle size distribution; low level of agglomeration
and impurities; custom-tailored oxide shell thickness;
and the highest purity metallic nanopowders on the
market that are easier to transport and handle. The
company manufactures the highest quality of metallic
nanopowder in the industry without compromising its
commitment to the environment.
No other company offers
these performance advantages, as QuantumSphere has
a 2-year lead ahead of its competitors. The company
will leverage its leading market position in nanoaluminum
(n-Al) to introduce nanonickel (n-Ni) applications
for fuel cells, and other applications including additives
for plastics and electromagnetic frequency shielding
applications.
Fortune 100 companies
such as Dow Chemical (NYSE: DOW), Honeywell (NYSE:
HON), Philips (NYSE: PHG), Proctor & Gamble (NYSE:
PG), Rockwell (NYSE: ROK) and government institutions
such as the U.S. Army, Navy, Air Force, NASA and The
Department of Energy and Los Alamos National Laboratory
are just some of the firms that depend on technology
created by Dr. Douglas Carpenter, who serves as the
Chief Scientific Officer and Director of Research
and Development at QuantumSphere.
For more information,
visit qsinano.com or contact Joe Romano, Partner,
HighGround, Inc. at 781-279-1320 x 208 or jromano@highgroundinc.com
Source : QuantumSphere
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