| Morphic´s
subsidiary, Cell Impact, has received it's first volume order to supply
serial production volumes of fuel cell plates intended for consumer electronics
from a US customer. The order represents a commercial breakthrough for
Cell Impact. The agreement is valued at SEK 60 million, over a two-year
period.
The flow plates will be produced
using Morphic's patented high impact technology and offers a superior efficiency
rate at an unbeatable price per unit. The manufacturing will initially
take place in Cell Impact’s production facility in Karlskoga, Sweden. Initial
deliveries are scheduled for January 2008.
"It's no coincidence that the order
stems from the consumer electronics industry. We have seen significant
interest from that sector. This is a small order but it’s indicative for
the fuel-cell industry. It illustrates that our offer is heading the market
and proves that we can deliver on price and performance," says Martin Valfridsson,
President for Cell Impact.
There is a sizeable market potential
within the sector. The main advantages are that fuel cells have considerably
longer operating time and can be recharged extremely quickly. Contrary
to today's batteries, the time it takes to restore maximum capacity is
negligible.
About fuel cells and flow plates
The electricity in a fuel cell is
produced by hydrogen dissolving in a controlled manner and reacting with
oxygen. This reaction produces electricity with heat and water being the
only residue. With a long life-span and next to no negative environmental
impact, fuel cells represent a real alternative to most of today's energy
converters when it comes to producing electricity for societal, industrial
and residential needs, as well as for vehicle and portable electronics.
Simply put, a fuel cell consists
of an electrolyte with two electrodes on each side. So-called 'flow plates'
reside outside the electrodes, between which the injected fuel, for example
hydrogen or methanol, react with oxygen. The plates represent a big part
of the cost and its ability to effectively navigate hydrogen gas is essential
for the fuel cell's ability to generate electricity. Morphic's patented
technology makes it possible to manufacture the plates quicker, cheaper
and of better quality than ever before. |