The global market for lift gas is approximately
The portable launching unit uses HPI's proprietary Hydrogen Now(TM) technology to produce hydrogen through the powerful chemical reaction of powdered aluminum and water. The device requires only a simple water hand pump and an AlumiFuel(TM) cartridge to propagate the reaction and generate the lift gas. Virtually any water, including sea, fresh, tap, or brackish, can be used for this non-toxic, pH neutral reaction. This HPI innovation, which enables on-site generation of hydrogen without any external energy, is easier to use and is cheaper than current hydrogen lift gas solutions. The large K-cylinders are awkward to handle and have a costly distribution logistics chain; other on-site hydrogen lift gas generation systems use expensive electrolysis processes which consume considerable electricity and require specialty water.
'The HPI Lift Gas Generation System will reduce logistic burdens for delivering hydrogen to remote locations and provide a 100% reliable source of primary or back-up hydrogen for weather stations around the world' said
HPI (http://www.hydrogenpowerinc.com) is an alternative energy company with patented hydrogen generation technology based on a proprietary aluminum-water chemical reaction, and demonstrator prototypes using unique AlumiFuel(TM) drop-in recyclable cartridges. The company's addressable markets include portable and stationary power applications for National Security, Homeland Security and commercial customers demanding safe, pure, cost-effective hydrogen on-site and on demand, with no external power required and no toxic chemicals or by-products.
Safe Harbor for Forward-looking Statements:
This news release may contain forward-looking statements that are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied.
SOURCE Hydrogen Power, Inc.
