VIASPACE Inc. (VSPC.OB), share price rose 4.48% today on increasing volume for the third straight trading day. VIASPACE is a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, recently announced that it continues to increase its sales base, expanding into the University market with an order from the University of Connecticut.
This can be viewed as bullish news for the company. The University of Connecticut is among some 400 to 500 universities in the United States and other countries actively engaged in fuel cell research and development, many through grants from federal, state and local governments, or in joint projects funded by major corporations. These numbers show how broad the range in the University sector is available for VIAZPACE to tap into.
The performance of hydrogen fuel cells using a Polymer Electrolyte Membrane (PEM) depends on the moisture level of the membrane. The membrane only conducts protons when it is hydrated or moist. The moisture is provided by water vapor in the incoming air or hydrogen stream. The VIASENSOR HS-1000 humidity instrument will provide real-time measurements of the amount of water vapor in these gas streams.
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