InvestorsHub Logo
Followers 1
Posts 433
Boards Moderated 0
Alias Born 09/16/2009

Re: Pro-Truck 14 post# 16202

Monday, 04/12/2010 2:41:07 PM

Monday, April 12, 2010 2:41:07 PM

Post# of 51905
This is what I found on Ballard:
[/Ballard Power Systems Inc. was founded in 1979 under the name Ballard Research Inc., primarily to conduct research and development in high-energy lithium batteries.
In 1983, Ballard began developing proton exchange membrane (PEM) fuel cells, powered by hydrogen. Proof-of-concept fuel cells followed shortly thereafter and from 1992 to 1994, sub-scale and full-scale prototype systems were developed to demonstrate the technology. These systems evolved into pre-commercial prototypes and initial commercial products.
i]

It wasn't until 2001 that they introduced the worlds first commercialy available fuel cell. Appears to have taken quite a bit of time. I think with ARSC it's not really about comparing them to Ballard as ARSC is trying to improve a product that already exists and making it more cost efficient. Seems if their technology is proven to be better and is patent than maybe Ballard will end up being one of ARSC's customers.