30 Jun '14, 9am

Ballard signs fuel cell licensing & engineering services agreement with M-Field in Europe

Ballard signs fuel cell licensing & engineering services agreement with M-Field in Europe 30 June 2014 Ballard Power Systems signed a definitive agreement for the sub-license of intellectual property (IP) to M-Field Energy Corporation, a sustainable energy company, for material handling systems to be deployed in Europe. Ballard will also provide M-Field with engineering services support into early-2015 through Dantherm Power A/S, the company’s subsidiary in Denmark, to assist in optimizing system integration activities utilizing Ballard fuel cell stacks. The agreement has a value of approximately $1 million. H2 Logic A/S, a leading European manufacturer of hydrogen refueling stations and fuel cell systems for applications such as forklift trucks and tow tractors, has made a strategic decision to narrow its business focus to hydrogen refueling stations. Ballard has acquired...

Full article: http://www.greencarcongress.com/2014/06/20140630-ballard....

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