VIASPACE Inc. (VSPC.OB) is in the business of developing technology and software products that concentrate on Homeland Security and clean energy markets. The company operates through its subsidiaries: VIASPACE Energy, VIASPACE Security, and Direct Methanol Fuel Cell Corp. VIASPACE’s technology portfolio includes microelectronics, sensors, energy/fuel cells, information and computer technology, RFID, e-finance, mobile e-commerce as well as software for defense, Homeland Security and public safety applications.
The Company’s products are based on proven technologies used for NASA and the US Department of Defense. VIASPACE also has over 100 licensed and proprietary patents from the California Institute of Technology’s Jet Propulsion Laboratory. The company is currently commercializing its innovative technologies to target applications in the $40 billion annual Homeland Security market and the multi-billion dollar global fuel cell market.
VIASPACE’s offering of advanced technologies address needs in the energy and security markets. With a management team consisting of leading scientists, engineers and business professionals, the Company has staked its claim in its targeted market. US Homeland Security is a big spender in the security market, having spent $18 billion in 2006, and the budget is expected to only increase in the future.
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