Hewlett-Packard Selling Off Fuel Cell Patents
Fuel cells at HP? It was an idea the company had.
Who knew that Hewlett-Packard was into fuel cells?
Back in the earlier part of the decade, HP filed and obtained a number of patents for fuel cells, particularly proton exchange membrane fuel cells powered by hydrogen. Toshiba and other consumer electronics companies were doing the same then too.
The company, however, never pursued commercialization. But rather than just sitting on the intellectual property, it has decided to sell these patents off. The three patent lots -- which collectively contain 86 patents -- are being sold by WavePoint, and the minimum purchase price is $500,000 per lot.
Although the patents revolve around hydrogen fuel cells, the patents also relate to solid oxide fuel cells, according to Paul Cannata, director of business development at WavePoint. Bloom Energy, which came out of stealth last night on 60 Minutes, makes solid oxide fuel cells. HP's patents also potentially pertain to the design of portable fuel cells, a technology the military has examined for years as a way to provide troops in the field easier access to electricity. Fuel cells can also be viewed as energy storage devices. If there is a tank of the appropriate hydrocarbon handy, you can make electricity on demand.
The first lot consists of ...
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