Developing a viable technology company requires insight, discipline, and a relentless focus on developing technology, business and marketing plans. Many successful startups create a high-value company by defining a big problem with a large focused market opportunity for the development of new products. Neah Power Systems
is a company that is b......Full article >>>
would need to dramatically increase beyond the capacity of the current generation of fuel cells. Ohlsen decided to see if it were possible to develop a fuel cell based on silicon, the same substance used by the semiconductor industry to manufacturer microprocessors and other chips.
As a scientist, Ohlsen had an incredibly bold new idea, but he envisioned a fairly mundane use for his break......Full article >>>
e increase in surface area. The resulting innovation produced a technology called Porous Silicon Methanol Fuel Cells. The company filed an initial patent.
After more than 12 months of discussion, research and evaluation, the founders, aided by Rosens business experience, were convinced that their fuel cell technology had true advantages over alternative technologies, especially Lithium-io......Full article >>>
A prototype, as proof of concept, was the next milestone. This would not be a production-ready fuel cell, but a laboratory version that established the basic validity of the technologys potential.
The second round
The management team realized the need for a strong investment syndicate and used the well researched business plan, and a clear sense of the financing req......Full article >>>
ed battery development company based in Atlanta. Dorheim has experience in building and running battery businesses. He was attracted to Neah because of the compelling nature of Ohlsens technology, the business opportunity, and the fact that a Neah had established a world-class syndicate of venture firms that have the resources to fund Neah to profitability.
More than four years from whe......Full article >>>
Source:wistechnology.com By Mike Klein and Kristin V. Johnson 03/10/04Related biology technology :1
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