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01 Oct 2008 Register / Login F F F
05 Feb 2008

$500k funding for TreadStone Technologies

TreadStone Technologies has been awarded a $500,000 grant through the Edison Innovation R&D Fund and the New Jersey Commission in Science and Technology (NKCST), it has been confirmed.

The Edison Innovation award will support the further development of TreadStone's LiteCell technology.

Meanwhile, $75,000 in funding provided by the NKCST will be used to support TreadStone's LiteCell technology as well as the company's HydroOSP application, a one-step hydrogen processing system.

"We're pleased that TreadStone's technology leadership and innovation in fuel cell and hydrogen technologies has been acknowledged and supported by the New Jersey Commission in Science and Technology," commented Gerald DeCuollo, president and chief executive officer of TreadStone Technologies.

"The grant and technology fellowship awards will further speed our LiteCell and HydroOSP technologies to the manufacturing community in energy, automotive, portable and stationary markets."

LiteCell Technology is a light-weight, low-cost metal separator plate used in fuel cell stacks.

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