Nov. 12, 2003 — A University of California, Riverside, research team under contract with Pacific Fuel Cell Corp. has developed a fuel cell using carbon nanotube-based electrodes, according to a news release.
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Pacific Fuel Cell expects that use of multiwall nanotubes as a platinum support for proton exchange membrane (PEM) fuel cells will reduce manufacturing costs. The Tustin, Calif.-based firm plans to create joint ventures for commercialization, the release said.
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Pacific Fuel Cell, listed on OTC Bulletin Board, closed Tuesday at 23 cents, up from 10 cents Monday.