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Title
Home - Millennium Cell - The Hydrogen Battery Technology Company
Description
Millennium Cell (Nasdaq:MCEL) develops hydrogen battery technology through a patented chemical process that safely stores and delivers hydrogen energy to power portable devices. The borohydride-based technology can be scaled to fit any application requiring high energy density for a long run time in a compact space. Since its inception in 1998, Millennium cell has been awarded more than 25 patents and has 40 pending patents worldwide. Our primary business model is to license our intellectual property to enable successful new products. When market leadership is required, we will develop and sell our own products as well.
Currently, portable electronic devices used in the military, medical, industrial and consumer markets all require a better battery. To meet this challenge, Millennium Cell is developing hydrogen battery technology in partnership with corporate and government entities. Based in Eatontown, New Jersey, Millennium Cell employs 40 people, primarily in technology development.
As with many new technologies, the military has been an early adopter and will be the first market we enter. This offers the opportunity to further develop our technology while solving unique power needs for the military. It also serves as a springboard to subsequently enter the medical and industrial markets while keeping our long-term focus on the high-volume consumer market.
Additional Information
Related Domains
- Batteries
- Battery
- Battery Technology
- Business
- Cell
- Extended Runtime
- Home
- Hydrogen
- Hydrogen Batteries
- Hydrogen Battery
- Hydrogen Cell
- Hydrogen Company
- Hydrogen Generator
- Hydrogen On Demand
- Longer Lasting Battery
- Major Companies
- Mcel
- Millenium Cell
- Millenium Fuel Cell
- Millennium Cell
- Millennium Cell Inc
- Millennium Fuel Cell
- Portable Fuel Cells
- Portable Power
- Publicly Traded
- Sodium Borohydride
- Soldier Power
- Technology Company
- Inc