AlumiFuel Power Corporation, through its subsidiaries, operates as an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. The company’s subsidiaries include AlumiFuel Power Technologies, Inc. and AlumiFuel Power International, Inc. Its technology is suited for multiple niche applications requiring on-site, on-demand fuel sources, serving national security and commercial customers. Hydrogen generated by the company’s products could fill inflatable devices, such as weather balloons, feed fuel cells for portable and back-up power, and could replace hard-to-handle and high pressure K-Cylinders. The company’s hydrogen/heat output is also being designed and developed to drive turbine-based underwater propulsion systems and auxiliary power systems, and as the fuel for flameless ration heaters. Products The company's commercially available product is the PBIS-1000 portable balloon inflation device. It also produced a next generation PBIS-1000 unit. The PBIS-1000 unit could produce 1,000 liters of hydrogen in 20 minutes at ambient temperature and atmospheric pressure using two 32 oz AlumiFuel cartridges. The company has a contract with the United States Air Force Special Operations Command to deliver a PBIS-2000 Portable Balloon Inflation System. The PBIS-2000 expands the capability of the company’s family of hydrogen generators, which includes the PBIS-1000 (for 100g balloons) and the PBIS-lite (designed for 30g pieball balloons). The PBIS-2000 generates hydrogen to inflate a 200g weather balloon within 20 minutes using approximately 6 AlumiFuel Cartridges contained in a single reactor vessel. The PBIS series of man-portable reactor and launching units use the company’s proprietary AlumiFuel technology to produce hydrogen through the chemical reaction of powdered aluminum, water, and proprietary additives. The customer base for the PBIS units includes various governmental users both civil and military. Other products include hydrogen/steam generators, including turbine-based underwater propulsion systems, drop-in recyclable cartridges, and flameless heater packs. The company partnered with Ingenium Technologies and has a U.S. Navy R&D contract for developing a new hydrogen fuel delivery system to power future fuel cell driven unmanned underwater vehicles with Ingenium Technologies as the prime contractor. The hydrogen generator is based on the same chemical reaction used in the PBIS hydrogen generators. Research and Development The company had expensed $593 on direct research and development costs during the year ended December 31, 2012.
alumifuel power corp (AFPW:OTC US)
7315 East Peakview Avenue
Englewood, CO 80111
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