Q: Do you think the 10 or so Fuel Cell companies in the US will close their doors due to MVTG's issued patent making the key BLDP PLUG FCEL fuel cells obsolete.
A1: No, they will go to MVTG to use the MRFC issued patent.. And they will pay. As Alstom has. To be competitive and profittable these fuel cell companies have to keep up with new tech. and MVTG new patents.
A2: That is correct, every fuel cell company on the planet will be at the bargaining table wanting to license the MVTG fuel cell patents, that much is obvious.
The MVTG fuel cell is a generational leap over current fuel cells.
It will be similar to what happened when Fairchild invented the integrated circuit chip and started Silicon Valley ages ago.
There was a great story on PBS about that recently.
Aired: 02/05/2013 01:23:11 Expires: 02/05/2016 Rating: NR
"Led by physicist Robert Noyce, Fairchild Semiconductor began as a start-up company whose radical innovations would help make the United States a leader in both space exploration and the personal computer revolution, changing the way the world works, plays, and communicates. Noyce's invention of the microchip ultimately re-shaped the future, launching the world into the Information Age. "
I have no doubt we are watching a similar history develop here at MVTG today.
MCTG's growth and the changes it will make in the energy industry will be legend in 20 years. It will be the kind of stuff that the Nobel prize is awarded for. I will not be surprised to see MVTG technology inventor Professor Colin Oloman on the Nobel list in 10 to 15 years for what he has created here.