SymPowerco intends to complete and implement its development plans with its project partners, Hybrid Energy Technologies, Inc. and Carleton University in Ontario, Canada. Development activities under this project are expected to start in late summer or early fall of 2009.
Stated SymPowerco President and CEO, John Davenport, "We at SymPowerco are very pleased that our grant application has been approved. Like all such applications, our application was subject to rigorous academic and industrial peer reviews before final acceptance. We have successfully completed that process and we can now move forward with our plans. We believe that our Flowing Electrolyte Direct Methanol Fuel Cell will be a strong candidate for a wide variety of Hybrid Power System and Fuel Cell markets."
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