An independent group valued the company’s fuel cell IP in the range of $800 million to $1.6 billion, but we scaled this back using conservative assumptions to a range of $46.9 million to $117.7 million. That same research group estimates that stationary fuel cell markets will grow from $1.2 billion in 2013 to $14.3 billion in 2020. Company Description The Company specializes in using proprietary fuel cell technology for the military, transportation, and portable electronics applications. It develops fuel cells, including PowerChip™ and BuzzBar™ products. Prospective applications include notebook PCs military radios, unmanned aerial vehicles as well as other computer, entertainment, and communications products. Neah Power is headquartered in Bothell, Washington
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