Proton Power Systems, through its subsidiary Proton Motor Fuel Cell GmbH (“PM”), a company registered in Germany, has developed and produced a standard hydrogen fuel cell module, integrated with an energy storage system to create an electric fuel cell hybrid system capable of providing power for mobile, stationary and maritime applications.
Proton has identified opportunities to combined batteries with their PEM fuel cell systems, to serve markets where electric fuel cell hybrid systems offer considerable advantages over conventional combustions engines and engine technologies.
The many advantages of PM’s standard fuel cell model over current commercial alternatives include lower fuel consumption, longer periods between refuelling, shorter refuelling time, consistent levels of power delivery and zero harmful emissions.
PM’s technology development has been undertaken with the key objectives of multiple applications and volume production.
PPS was admitted to trading on AIM on October 31, 2006 with a market capitalisation of £ 25m.