Power Air hat ein Generator Entwickelt der mit Zinc/Luft betrieben wird.
Diese Firma steht noch ganz am Anfang. Sind grade dabei mit der
Vermarktung/Produkteinführung zu beginnen.
Finde ich eigentlich ne ganz interessante Idee. Könnte ganz gut von den
hohen Ölpreisen und der Alternativen Energien Welle profitieren.
Kommt bei mir auf die Watch. Mal sehen wie die sich in den nächsten Wochen/Monaten
entwickeln. Ich denke Potenzial ist da!
Was denkt Ihr?
Power Air Corporation (“PAC”) is an alternative energy company,
which holds exclusive worldwide licensing rights for the Zinc
Air Fuel Cell (“ZAFC”). PAC intends to be the first commercially
viable fuel cell company, powering low cost, silent, zero emission
fuel cell based products developed with OEM partners for
portable, stationary, light mobility and transportation markets.
PAC will initially target the Back-up and Emergency Generator
market with both portable units.
The ZAFC was developed at the world-renowned Lawrence
Livermore National Laboratory (“LLNL”) in California. By solving
longstanding issues related to power consistency and by making
their units re-fuelable, the scientists at LLNL developed a power
generation and storage technology that dramatically changes the
competitive landscape for fuel cells.
Investment Highlights
• World-wide market, global interest for portable, stationary, light • Significant competitive advantages over batteries and internal • Substantial cost advantages over conventional PEM fuel cells, • Business Model leverages existing OEM sales channels. • Potential applications include portable power packs, emergency • Forecast annual fuel cell market growth rates of >50%. History The ZAFC was created by LLNL, using internal support and • LLNL first demonstrated “proof of concept” with a 6 Volt 300 Watt • The ZAFC was independently tested under USABC test • A scaled up PAC Portable 12 Volt 1kW unit was successfully • The ZAFC was independently valued in excess of US $20 million In October 2005, PADL and PAT completed a merger and reversed • Lower cost components than conventional PEM fuel cells, • PAC’s fuel is not compressed and is readily available; thereby • The low cost Portable Emergency Generator (“PEG”) is suitable • PEG’s can be quickly refueled by an exchange of electrolyte • PAC’s fuel solution allows for continuous operation with the • PEG’s are environmentally friendly with no hazardous emissions. PAC Technology – Inside the ZAFC The ZAFC is a metal oxide fuel cell using relatively simple physical Competitive Advantages Conventional PEM fuel cells are costly to produce and operate, and By engaging OEM and Zinc partners, PAC will be free to focus on PAC Business Model PAC will focus resources on First to Market applications offering its Partnering with OEM’s and Zinc producers will reduce the time to • The OEM’s market intelligence, specifications requirements, • The OEM’s customer base for field trials and feedback; • The OEM’s design, certification, and regulatory expertise; • The OEM’s marketing, sales, distribution, installation, and Markets Power Air Corporation’s management team has identified numerous Traditional Generator Market Sizing The Generator Market opportunity is immense. According to ABI < 600 W - 0.6% A fully-fueled PEG will run continuously at fully rated power. • Replacing the PAC Power Cartridge (“PPC”) on top of the unit • In the case of larger units - replacing one or more of the The end-user will determine how much PEG operating time (or Total The Fuel Supplier will accumulate the returned PPC’s and tanks Target market applications for the PEG are estimated to have an • Manufacture high-quality, safe CSA, UL, and/or CE approved • Reduce cost of goods sold through redesign, parts substitutions PAC expects its first product announcement to occur in Q4/2006. New Generator Market – Indoor Sites PAC’s internal research indicates there are over 42 Million potential PAC Primary Application – Emergency Generators PAC intends to exploit the shortcomings of the current Management’s focus in 2006 will be on prototype and product • Sign collaboration agreement with OEM and/or Zinc partner; • Build, demonstrate and test PEG prototype; • Completion of Air Cathode design & cost-reduction; • Establish manufacturing capability; • Announce PEG availability and pricing with OEM. • Increase unit sales and revenues in the target market • Sign Agreements with additional OEMs to enter new territories Headquarters: Trading Data Share Structure Directors & Corporate Officers General Inquiries: Sales / OEM Partners: Investor Inquiries: http://www.poweraircorp.com/docs/pac_summary_011-26-06.pdf News: Power Air hosted several potential partners at its Livermore, California head office to demonstrate the product capabilities and the commercial opportunity of its exclusive Zinc Air Fuel Cell (ZAFC) technology. "One of our critical milestones for 2006 is to collaborate with an OEM Partner to develop and commercialize our first end-user product," states Mr. Steve Williams, President and CEO of Power Air. "By partnering with OEM's, Power Air will leverage existing product development, manufacturing, distribution, service and support infrastructures. This will allow Power Air to focus on cost reduction and improvement of the core ZAFC technology." Power Air demonstrated its ability to provide clean, quiet, extended run power in an indoor environment from a non-flammable, non-explosive, and recyclable fuel supply. While OEM partners are an initial focus, Power Air is also undertaking early discussions with zinc producers. "Securing a simple fuel supply and recycling process with major zinc providers is important to ensure the fuel distribution infrastructure is in place for end-users," adds Remy Kozak, VP Corporate Development. 4/3/2006 11:04:39 AM ET News Release Index LIVERMORE, Calif., April 3 /PRNewswire-FirstCall/ -- Power Air Corporation today announced the signing of a Memorandum of Understanding ("MOU") with Mid States Tool and Machine Inc. of Decatur, Indiana. Under the terms of the MOU, Power Air Corp. ("PAC") and Mid States Tool and Machine Inc. ("Mid States") will work jointly to identify cost-reduction opportunities and tooling requirements for the manufacture of PAC's exclusive patented Zinc Air Fuel Cell ("ZAFC"). "One of our critical milestones for 2006 is to establish a cost-effective manufacturing capability for our Zinc Air Fuel Cell," states Mr. Steve Williams, President and CEO of Power Air. "As a supplier to the US automotive industry, Mid States brings extensive prototyping, tooling, cost-reduction, and manufacturing expertise to PAC's commercialization efforts and enhances our ability to provide low cost power sources for use in OEM end-user products." "Partnering with Power Air on delivery of their commercialization strategy will allow Mid States to further diversify its client base and participate in what looks to be a huge market opportunity," states Dennis Scheumann, President of Mid States. "The unique characteristics of the ZAFC technology, such as its low operating temperature, allows us to apply our high volume tooling and plastics expertise to reduce the per unit cost." About Mid States Tool and Machine Inc. Mid States Tool and Machine Inc. was founded in 1977 around a competence in trimless/flashless rubber molds. They have grown their capabilities to include multiple areas of expertise and now offer many capabilities -- from part design through manufacturing -- to their customer base. Mid States assumes complete design and performance responsibility and builds to tooling specifications using client drawings. Mid States utilizes leading 2D & 3D CAD/CAM design technologies for the development of design data and toolpath generation. (http://www.midstatestool.com) About Power Air Corporation Power Air Corporation, with head office in Livermore, California, is engaged in the business of developing, manufacturing and marketing fuel cell based commercial products. Power Air has the exclusive worldwide license to zinc-air fuel cell technology that has been developed at the Department of Energy's Lawrence Livermore National Laboratory, in Livermore, California, for all fields of use (portable, stationary, light mobility and transportation applications) and commercialization. 3/14/2006 4:58:52 PM ET News Release Index "Vancouver is an International center of excellence for fuel cell development. It is widely considered to have the World's most advanced cluster of companies and organizations focused on fuel cell technologies," states Mr. Steve Williams, President and CEO of Power Air. "Our presence here allows us to interact with other leading companies and leverage both NRC resources and the vast pool of local talent to reduce our cost and time to market." NRC-IFCI is a federal research and development lab, which provides research and innovation support in areas critical to the growth of Canada's hydrogen and fuel cell industry. Among its services, the Institute operates an Industry Partnership Facility (IPF), which provides access to NRC-IFCI's leading edge R&D equipment and facilities to companies in this sector. NRC-IFCI also conducts collaborative research with industry partners where there are common technical objectives or where the unique expertise of the Institute provides an effective match for industrial requirements. -------------------------------------------------- Power Air Becomes Member of US Fuel Cell Council "Our membership at the US Fuel Cell Council gives Power Air the opportunity to participate in the development of policies and directions for the fuel cell industry," states Mr. Steve Williams, President and CEO of Power Air. "Power Air joins an elite group of fuel cell producers, major fuel cell suppliers, automakers, universities, fuel cell customers, fuel and energy suppliers, government agencies, and trade associations, who are all dedicated to commercialization of fuel cells in the United States." "The US Fuel Cell Council is very pleased to have Power Air Corporation join our membership", says John Goodman, President of the USFCC. "We welcome the new perspective that Power Air will bring to the USFCC based on their unique technology." Bob Rose, USFCC Executive Director, adds, "President Bush has set a national goal of replacing more than 75% of US oil imports by 2025. America is on the verge of breakthroughs in advanced energy technologies. Fuel cells can be powered using a number of alternative fuel sources. Zinc is abundant worldwide and has many properties which make it an attractive fuel solution". The USFCC is an industry association dedicated to fostering the commercialization of fuel cells in the United States. USFCC members include the world's leading fuel cell developers, manufacturers, suppliers and customers. The US Fuel Cell Council provides its members with an opportunity to help shape the programs, policies and practices needed to successfully commercialize fuel cell energy technology. Power Air Corporation today makes the following announcement: “Power Air intends to develop the World’s first cost-effective, re-fuelable back-up generator that can operate indoors, safely, silently, efficiently, and emissions-free, with extended run capability” says Don Ceci, VP Sales & Marketing for Power Air. “Replacing traditional outdoor generator sales represents a significant revenue opportunity, and our “Greenfield” opportunity for indoor generators is estimated at several hundred million potential indoor sites worldwide.” Power outages are becoming more and more frequent and widespread. Apartment and home occupants are regularly inconvenienced and in fact put into dangerous situations due to power outages caused by storms and technical failures. Residents and businesses are forced to cope with no lights, no heat, no information, spoiled food, and no working appliances or equipment for hours, days or even weeks at a time. Back-up generators are the current solution, but these generators cannot be used indoors, because they are noisy, dangerous, polluting, heavy and messy. No extended run back-up solution is offered for apartments and small businesses unless the whole building is backed up with a large diesel or natural gas generator. First to Market Application – Indoor and Outdoor Generators: The Company will initially focus resources on developing Generator products, for indoor and outdoor siting, offering its exclusive technology to OEM partners serving those markets. “Products powered by our Zinc Air Fuel Cell can be the first clean air alternative to be cost competitive with existing fossil fuel powered generators,“ adds Steve Williams, Power Air’s President. “The lifetime and durability demands for these First to Market applications are more achievable in the short term than those of transportation and co-generation which require much longer life time and established fuel infrastructures.” The first Power Air ZAFC-based product will be provided to OEM partners for integration into a Portable Emergency Generator (“PEG”) designed for back-up, emergency, or stand-alone use. Power Air intends to address the “sweet spot” (over 70%) of the traditional generator market – with units ranging from 600 Watts to 6.6 kW. These units can also meet the back-up power needs of a large portion of the initial demand for indoor generators. Power Air Announces Director of Engineering LIVERMORE, Calif., Jan. 24 /PRNewswire-FirstCall/ -- Power Air Corporation announced today the appointment of Andrew Turnbull as Director of Engineering. The Company has assembled a senior management team of industry veterans to undertake the commercialization of technology licensed from Lawrence Livermore National Laboratories ("LLNL"), and Mr. Turnbull joins this team to lead the OEM Product Development Program. "Power Air intends to take our patented fuel cell technology out of the Lab and develop products competitive with generators and batteries," states Power Air CEO, Steve Williams. "The addition of Andrew Turnbull is an important step in our commercialization efforts." Andrew Turnbull joins Power Air from Xantrex Power, a public power electronics company listed on Toronto, where he was Program Manager responsible for leading multi-functional teams from product development to product launch. Previous to Xantrex, Mr. Turnbull worked for seven years at Ballard Power Systems as Program Manager for Power Generation products. Mr. Turnbull headed a team that developed fuel cell products, including back-up power products, targeting the power generation industry. He has 18 years of engineering and product development experience in various industries including power electronics, fuel cell, oil and gas, and power generation. Mr. Turnbull holds a Bachelor of Applied Science in Electrical Engineering from Queen's University. "I see tremendous possibilities for products based on Power Air's zinc air fuel cell technologies that could reach broad markets and finally deliver on the promise of fuel cells," said Mr. Turnbull. Adds Power Air Vice President, Sales and Marketing, Don Ceci, formerly of Ballard Power Systems, "Mr. Turnbull has the fuel cell industry experience required to develop and implement our Program Plan. He has led cross- functional teams integrating R&D, engineering, manufacturing, quality, supply chain, customer engineering, and service. Andrew is a critical addition to our commercialization team." On September 30, 2005, Power Air, through its acquisition of Power Air Tech, Inc., acquired exclusive fuel cell technology from Lawrence Livermore National Laboratories (“LLNL”) that will allow it to generate safe, quiet, reliable, zero emission energy for portable, stationary and transportation applications. Since that time the Company has assembled a senior management team of industry veterans to undertake the commercialization of the LLNL technology. “Power Air intends to be the first profitable player in the sector”, states Power Air CEO, Steve Williams. “Our technology will provide reliable power in a time of increased security risks, extreme weather conditions, and aging energy infrastructure.” Unlike hydrogen fuel cells and internal combustion engines, Power Air’s technology is fueled with zinc, which is safe (non-flammable and non-explosive), inexpensive and easy to transport and store. Exclusive licenses to related LLNL patents for all fields of use give Power Air several advantages over other companies trying to commercialize similar technology. Adds Power Air Vice President, Sales and Marketing, Don Ceci, formerly of Ballard Power Systems (NASDAQ: BLDP), “Power Air’s unique technology and potentially low manufacturing cost will allow us to compete with the incumbent generator and battery products, not simply with other fuel cell companies”.
mobility and transportation applications.
combustion engines (“ICE”).
with no requirement to use precious metals such as platinum or
ultra pure hydrogen as fuel.
generators, back-up power for telecom and utility sites, UPS for
buildings, data centers, and server rooms, APU’s for RV’s, trucks
and boats, replacement of batteries in forklifts, airport ground
support, scooters, mopeds, golf carts, and other low power, lightduty
vehicles.
additional support from the International Lead Zinc Research
Organization and the U.S. Department of Energy (“DOE”). To date,
over US $8 Million has been invested in the technology. From 1992
to 1997, LLNL and the DOE spent over US $1 million on the original
research concept and development of the ZAFC. More recently
PAC’s largest shareholders – Power Air Dynamics Ltd. (“PADL”) and
Power Air Tech, Inc. (“PAT”) – invested a further US $5 million to
bring the ZAFC to the prototype level.
unit on a Santa Barbara Bus in 1995.
protocols by the Argonne National Laboratory;
demonstrated in Beijing, China in 2001.
in 2004;
the company into a publicly traded entity, raising over US $2 million
in new funding to begin commercializing the technology.
including cathode catalysts, and anode current collector.
reducing distribution, storage and siting issues associated with
hydrogen.
for indoor use. It is a zero-emission, durable, light-weight fuel
cell that operates silently and effectively.
and/or addition of zinc vs. the much slower electric recharge
required by batteries.
possibility of refueling under load; the fuel reaction product,
electrolyte saturated with zinc oxide or zincate, can be recycled
for production of new fuel and fresh electrolyte.
chemistry (see figure 1). It uses a combination of atmospheric
oxygen and zinc pellets in a liquid alkaline electrolyte to generate
electricity with by products of zinc oxide and potassium zincates. In
operation, the fuel cell consumes all of the zinc; and is operationally
quiet, providing instantaneous stable electrical energy with zero
greenhouse gas emissions.
The ZAFC single unit (see figure 2) consists of an overlying hopper
connected by conduits to an electrochemical cell. Electrolyte is
flowed upwards through the patented cell design to remove waste
heat and reaction products. The hoppers may be refueled by
flowing slurry of zinc particles and electrolyte in channels above the
cells.
the fuel (hydrogen – an explosive, flammable, compressed gas) is
difficult to distribute, store and site.
PAC’s technology has advantages over batteries and internal
combustion engines not offered by conventional fuel cells:
• The Zinc producer’s materials and recycling expertise and
existing facilities;
cost reduction and quality of it’s core technology offering.
exclusive technology to OEM’s serving those markets. The lifetime
and durability requirements for these First to Market applications are
less demanding than those requiring long life time and established
fuel infrastructures.
PAC will support the OEM systems integration/ testing/ product
development/ codes & standards activities and participate with
OEMs in end-user field trials.
PAC will establish low-cost, high volume fuel cell production
capabilities that minimize capital outlay, fast-track products to
market and support the OEM’s in the Distribution and Service of the
end-user products.
commercialize PAC’s technology by leveraging:
systems integration, and product development expertise;
service capabilities;
ZAFC opportunities for portable, stationary, light mobility, and
transportation uses. The management team believes the ZAFC can
be the lowest cost fuel cell available. PAC power units are silent,
emissions free, and low in thermal signature – critical properties for
many civilian and military applications.
PAC has identified and investigated the requirements for the
major portable, stationary and transport applications of the ZAFC
technology. After matching the ZAFC’s advantages with these
requirements and considering the size and time-to-market factors,
PAC is focusing initial resources on delivery of one initial module
to market. This module will be targeted to OEMs delivering power
solutions to the portable back-up and emergency power segment.
Research, world unit sales over a 7 year period (i.e. 2006 to 2012),
total units are forecast at over 11.6 Million units for revenues of
almost $28 Billion US. For portable units, the percentage break-out
by kW size is as follows (source: Frost and Sullivan):
600 W to 1.8 kW - 3.2%
1.8 kW to 3.6 kW - 19.1%
3.6 kW to 6.6 kW - 50.4%
6.6 kW to 9.6 kW - 11.2%
9.6 kW to 15 kW - 15.5%
The PAC Portable (shown as a prototype in figure 6 and
conceptually in figure 7) can be suitable for use both indoors (since
it has no emissions) and outdoors, with appropriate packaging.
PAC intends to address the “sweet spot” (over 70%) of the
traditional Generator Market with PEG configurations from
several hundred watts to under 7 kW. Final product kW size and
specifications will be determined in collaboration with one or more
OEM partners.
Following the initial run, the unit can be “re-fueled” by:
and releasing the fuel (Zinc) into the hopper;
electrolyte tanks in the unit
Energy) is required, and will store an appropriate amount of fuel
(and electrolyte). Empty PPC’s and used electrolyte tanks will be
deposited at the Fuel Supplier for credit towards new fuel supply.
for return to a central recycling centre which will recycle the ZnO
by-product (via electrolysis) back into pure Zinc and Electrolyte – at
costs far lower than normal Zinc production (recycling patents also
held by PAC).
introductory commercialization requirement of ~$1000 per kW and
mass market requirement of <$500 per kW. PAC’s target of <$200
per kW for it is core stack technology is substantially lower than
conventional fuel cells and market requirements.
products;
& volume.
Substantial unit sales are expected to begin in 2007 and grow
significantly from 2008 to 2010.
widespread. Apartment and home occupants and business workers
are regularly inconvenienced and in fact put into dangerous
situations due to power outages caused by storms and technical
failures. They are forced to cope with no lights, no heat, no
information, spoiled food, and no working appliances or equipment
for hours, days or even weeks at a time. Back-up generators are
the current solution, but these generators cannot be used indoors,
are noisy and polluting, heavy and messy. No back-up solution
is offered for apartment and high-rise buildings unless the whole
building is backed up with a large diesel or natural gas generator.
sites in North America, and over 500 Million World Wide, for indoor
generators that cannot be addressed using current technology.
As opposed to the traditional generator market (with an installed
base of 13.8 Million), the indoor generator market is a “Greenfield”
opportunity. PAC has determined that the greatest demand in this
segment will be for generators less than 7 kW.
PAC’s patented technology allows a fully charged reserve power
source to sit for lengthy periods unused, and be ready when
needed. The end-user pre-determines the extended run capability
by simply having enough re-cyclable zinc fuel and electrolyte on
hand for the back-up time desired.
generator solution by introducing, with one or more OEMs,
the World’s first re-fuelable portable emergency generator that
can operate indoors, silently, safely and emissions-free.
initial ZAFC-powered PEG will be an emergency and back-up fuel
cell generator unit that can be manually moved to wherever itis
needed, plugging in appliances or equipment as desired.
Forecasts & Objectives
development, implementation of OEM Customer field trials,
establishing manufacturing capability, and obtaining Standards/
Regulatory approvals. Critical milestones include:
Management’s focus in 2007 will be to:
and explore new end-user applications;
Corporate Information
Toll Free: +1 866-851-8777
Exchange: OTCBB Fully Diluted: 46.0 Million
Dean Haley, COO & Chairman Paul D. Brock, Director
Don Prest, CFO Stephen Harrison, Director
Toll Free: +1 866-734-7026
Chart
4/18/2006 11:02:32 AM ET News Release Index
Power Air Commences Demonstrations to Potential Partners
LIVERMORE, Calif., April 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Power Air Corporation (OTC Bulletin Board: PWAC) today announced that it has commenced its demonstration program to potential OEM and fuel partners.
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Power Air Signs Memorandum of Understanding for Tooling & Manufacturing in Midwest
Power Air Signs Memorandum of Understanding for Tooling & Manufacturing in Midwest
Ticker Symbol: U:PWAC
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Canadian Subsidiary Opened at NRC Institute for Fuel Cell Innovation
VANCOUVER, Canada, March 14 /PRNewswire-FirstCall/ -- Power Air Corporation (OTC Bulletin Board: PWAC) today announced the establishment of Power Air (Canada) Corporation at the National Research Council of Canada Institute for Fuel Cell Innovation (NRC-IFCI) facilities.
2/27/2006 12:38:56 PM ET
LIVERMORE, Calif., Feb. 27 /PRNewswire-FirstCall/ -- Power Air Corporation today announced it has joined the US Fuel Cell Council ("USFCC").
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2/13/2006 3:18 PM ET News Release Index
Power Air Targets Multi-Billion Dollar Backup Generator Market; Zinc Air Fuel Cell Technology Could Displace Fossil Fuel Based Generators
Power Air Targets Multi-Billion Dollar Backup Generator Market;
Zinc Air Fuel Cell Technology Could Displace
Fossil Fuel Based Generators
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1/24/2006 3:52:38 PM ET News Release Index
Ticker Symbol: PWAC
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1/18/2006 4:22:07 PM ET News Release Index
POWER AIR CORPORATION (FORMERLY FORTUNE PARTNERS, INC.) ANNOUNCES NEW NAME AND SYMBOL
Livermore, CA - January 18, 2006 – Power Air Corporation, OTCBB: PWAC, formerly Fortune Partners Inc, OTCCBB: FTPI, announced today its new name, chosen to emphasize its entry into the Alternative Energy sector. The Company’s change in name was effected with the Nevada Secretary of State on December 22, 2005 with the change in the Company’s trading symbol.