High Wire Networks Inc (HWNI)

[tykundegex]

From: http://www.ballard.com/files/PDF/Investors/Presentations/BLD_Investor_Analyst_Day_Presentation.pdf

$75m in US military contracts
300 buses in China on order
Clients include Boeing, Lockheed, US Navy

For material handling, Ballard has deployed almost 10,000 stacks, representing over 100 million hours of in-the-field operations.

For telecom backup, some single stacks have run over 20,000 hours without failure during hurricanes. Again, that's not lab data, that's field data, from deployments in over 25 countries.

What has MRFC proven that can possibly compare?

Ballard has 50 testing stations that run 24x7 with diagnostic tools. They have a roll-to-roll manufacturing process in place. What does Mantra have?

Before you go pounding your chest about how good Mantra's MRFCs are, you should have something a little more concrete to base it on, than hope alone.

MRFCs are potentially capable of all the things membrane-based FCs do today, but they still lack the decades of maturity and proof of capacity and reliability of the incumbent technology.