Puget Technologies Inc (PUGE)

[Sammy_1]

Nanotechnology EV - Board members with nanotechnology backgrounds.

Fuel Cell Technology
Vehicles need increasingly more energy, both in terms on board entertainment and other practical systems as well as the growing popularity of electric vehicles.

The consistent and long term supply of this electricity has proved a challenge in the car industry. Not just in the technological issues with generating required levels of electricity whilst keeping weight down, but also in the cost of producing large fuel cells.

This is primarily due to the need for platinum as a catalyst in the production of traditional batteries. Nanotechnology offers a solution for this, either through the use of nanoparticles of platinum or other metals, there is the possibility to drastically lower the cost of battery production. This is particularly exciting for the development of affordable electric cars through lowering the cost of EV batteries.

Various nanotechnologies also have application in creating thinner membranes in batteries, allowing for lighter and longer lasting cells.