Also on the BLDP front, BLDP sold the rights to their legacy IP for autos to automakers because their legacy fuel cell patents have always been mostly too expensive for autos and too heavy for smaller 2 wheel vehicles. They knew it would take tens of $Millions, maybe hundreds of $Millions to test and adopt their legacy fuel cell to autos so they let automakers themselves try and take that load since they have deeper pockets.
Also BLDP has always faced the challenge that there is no hydrogen refueling infrastructure to speak of in the world. So they are almost by default restricted to applications that involve heavy vehicles (buses and forklifts) with access to private hydrogen fueling stations, or stationary energy storage devices where weight and size don't really matter.
So I expect a company like BLDP, with their existing footprint and network, could take the MVTG MRFC technology, which seems to have many superior advantages, and turn it into a cash cow for themselves in relatively short order.
Ironically, I think the most valuable MVTG technology as it relates to potential future revenue streams is the ERC technology. I think the ERC is capable of delivering the company that owns the technology revenues in the multiple $10's of millions per year, eventually exceeding $100M or more (assuming multiple fully constructed ERC plants).
I think MVTG is sitting on a potential gold mine there, but I don't think they have the financial resources to really develop and deploy it fast enough, since it does require $Millions to deploy effectively and on a timely basis.
I see BLDP as a natural fit for the MRFC technology, but I am not sure about the ERC. I think it would be best owned and deployed by a company much, much larger than BLDP.
But JMO.
Market Data 
Markets 
AI
