VIASPACE Inc (VSCP.OB) announced today that it’s subsidiary Direct Methanol Fuel Cell Corporation (DMFCC) has signed a design and certified manufacturer agreement with Tyco Electronics Corporation, a global manufacturer of electronic components and systems. The company has been working hard at establishing a global network of suppliers to manufacture and distribute fuel cartridges and other fuel cell products.
Dr. Carl Kukkonen, CEO of both VIASPACE and DMFCC stated. “DMFCC is now broadening its market focus to work on special fuel cell applications in addition to producing methanol fuel cartridges that will provide the energy source for laptop computers, mobile phones, and other portable electronic devices to be powered by direct methanol fuel cells.
Fuel cells are expected to gain a substantial market share in mobile electronics application where long operating times for electronic equipment may be required.
Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions and wireless systems, with 2006 sales of US$12.8 billion, and both companies are looking forward to working with one another.
Please let us hear your thoughts below: