Last traded: $0.021 Up: $0.0038
Percentage: 22% Volume: 4.9M Shares
Why Neah Power Systems?
$50M+ into Neah Power Systems
- Intel Corporation, Novellus Systems, Four Tier 1 VCs, US Navy, NIST/ATP
- Superior, differentiated, award winning technology (Popular Science, WTIA, MIT)
- 12 patents + pending applications, trade secrets, know-how
Neah working with leading defense, commercial and consumer companies
- PO from large defense supplier
- Commercial proposals into commercial aviation, consumer company, telecom company and others
- Buzzbar targeted at consumer oriented products
- Company has completed a fuel cell technology asset acquisition that bolsters its current product line up, and opens up new market opportunities in the renewable energy sector
Cost effective manufacturing, very suited to turn-key implementation
- Proven silicon-based process for ease of manufacturing implementation
- Uses easily available, older-generation equipment and inspection
Recent Orders
- Received a $172,000 order for multiple units of Neah Power's PowerChip(R) product from the DRDO, Government of India, with ship dates on or around Jan 10, 2014
- Company has shipped a customer paid for PowerPlay unit to a Fortune 110 Consumer Company for evaluation.
- Company is developing and intends to implement an online order portal to take orders directly from consumers by Sept 30 2013
- Ion Geophysical Corporation entered into a sales and purchase agreement whereby the Company will deliver, on a best efforts basis, Company fuel cells within five months of the date of the agreement or a mutually agreed to schedule.
- Delivery of a minimum of eighty eight units to the Customer, in each case subject to the terms and conditions of the agreement.
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