ECOtality, Inc. (ETLY.OB) develops clean energy solutions for the alternative energy industry. The Company uses renewable energy technology to commercialize through acquisitions, partnerships and research and development. The company is also focused on designing and licensing Hydrality™, a cost efficient hydrogen based electric power cell system.
ECOtality, Inc. was incorporated in 1999 as Alchemy Enterprises. Their initial business was to market biodegradable products. The name change came in 2006, and shortly after, the Company worked with The National Aeronautics and Space Administrations (NASA) Jet Propulsion Labs (JPL) and the California Institute of Technology (CalTech). These collaborations lead to the development of Hydrality™. This technology can generate hydrogen on demand in a non-toxic, non-combustible, and environmentally friendly process.
The Company’s position in the clean energy sector has strengthened tremendously due to the acquisition of Fuel Cell Store. Fuel Cell Store is a web-based retailer of fuel cell products. With other key partnerships in the industry, ECOtality, Inc. is positioned to be an emerging leader in fuel cell technology.
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