AFPW AlumiFuel Power Corporation

[mickymoose99]

AFPW AlumiFuel Power Corporation

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AlumiFuel Power, Inc. Begins Execution of Navy UUV Contract, Opening Up Entry Into Vast New Market


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AlumiFuel Power Corp.

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SymbolPriceChangeAFPW.OB0.0230+0.0070



{"s" : "afpw.ob","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""}
Press Release Source: AlumiFuel Power Corporation On Friday August 6, 2010, 4:15 pm EDT
CENTENNIAL, CO--(Marketwire - 08/06/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News) (the "Company"), announced today that it has begun execution of a U.S. Department of the Navy R&D contract for a new hydrogen source to power future Unmanned Undersea Vehicles (UUVs). API is a subcontractor to Ingenium Technologies, Inc. of Rockford, Illinois, a turnkey systems integrator with special engineering expertise in advanced power and energy systems.
The overall global UUV market is expected to reach $12 billion over the next decade, encompassing commercial, naval and other national security applications. This number includes $1.2 billion for the power systems, with $400-$500 million related to the fuel modules. API has been interacting with selected defense contractors in the design of novel energy generators (including superheated steam as well as hydrogen) to power U.S. Department of Defense (DoD) and commercial UUVs and submersibles for over two years. In fact, apart from this Navy R&D contract, API's technology for underwater applications has been incorporated into three other proposals to DoD customers by three separate major defense contractors.
API's President & CEO, Mr. David Cade, stated, "We view this Navy R&D contract as the first step towards development and commercialization of our multiple power source approach for UUVs. We and Ingenium are confident that the ultimate fielding of this API technology will represent a force multiplier for the Navy, offering substantial mission duration and range benefits over current UUV power sources which rely on battery technologies. Ingenium and API also intend to apply this same technology to other UUV customer requirements involving commercial gas, oil and pipeline applications as well as Homeland Security port inspection applications."
In this new R&D contract, the Navy is seeking a novel hydrogen source to power air independent fuel cells for future UUV missions, which is one of API's primary target applications. The Phase I research of the contract will focus on developing a refuelable hydrogen generating system using solid fuel cartridges (similar to those developed and used by API for other applications) and to demonstrate the continuous delivery of fuel-cell grade hydrogen for eight hours. As the prime contractor, Ingenium has developed the overall system design, with API's hydrogen generation technology as the key fuel source component of the proposed design.
API and Ingenium recently signed an exclusive partnership agreement in which API's technology provides the energy to drive turbines and fuel cells in power plants designed, engineered and integrated by Ingenium.
About AlumiFuel Power, Inc.
API (AlumiFuel Power, Inc.) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API's hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its 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. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit AlumiFuel Power, Inc. | The Investor Relations Group.
About AlumiFuel Power Corporation
AlumiFuel Power Corporation operates through its wholly owned subsidiary, AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources

[STOCKMAN]

Originally Posted by mickymoose99

AFPW AlumiFuel Power Corporation

--------------------------------------------------------------------------------

AlumiFuel Power, Inc. Begins Execution of Navy UUV Contract, Opening Up Entry Into Vast New Market


Companies:
AlumiFuel Power Corp.

Related Quotes


SymbolPriceChangeAFPW.OB0.0230+0.0070



{"s" : "afpw.ob","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""}
Press Release Source: AlumiFuel Power Corporation On Friday August 6, 2010, 4:15 pm EDT
CENTENNIAL, CO--(Marketwire - 08/06/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News) (the "Company"), announced today that it has begun execution of a U.S. Department of the Navy R&D contract for a new hydrogen source to power future Unmanned Undersea Vehicles (UUVs). API is a subcontractor to Ingenium Technologies, Inc. of Rockford, Illinois, a turnkey systems integrator with special engineering expertise in advanced power and energy systems.
The overall global UUV market is expected to reach $12 billion over the next decade, encompassing commercial, naval and other national security applications. This number includes $1.2 billion for the power systems, with $400-$500 million related to the fuel modules. API has been interacting with selected defense contractors in the design of novel energy generators (including superheated steam as well as hydrogen) to power U.S. Department of Defense (DoD) and commercial UUVs and submersibles for over two years. In fact, apart from this Navy R&D contract, API's technology for underwater applications has been incorporated into three other proposals to DoD customers by three separate major defense contractors.
API's President & CEO, Mr. David Cade, stated, "We view this Navy R&D contract as the first step towards development and commercialization of our multiple power source approach for UUVs. We and Ingenium are confident that the ultimate fielding of this API technology will represent a force multiplier for the Navy, offering substantial mission duration and range benefits over current UUV power sources which rely on battery technologies. Ingenium and API also intend to apply this same technology to other UUV customer requirements involving commercial gas, oil and pipeline applications as well as Homeland Security port inspection applications."
In this new R&D contract, the Navy is seeking a novel hydrogen source to power air independent fuel cells for future UUV missions, which is one of API's primary target applications. The Phase I research of the contract will focus on developing a refuelable hydrogen generating system using solid fuel cartridges (similar to those developed and used by API for other applications) and to demonstrate the continuous delivery of fuel-cell grade hydrogen for eight hours. As the prime contractor, Ingenium has developed the overall system design, with API's hydrogen generation technology as the key fuel source component of the proposed design.
API and Ingenium recently signed an exclusive partnership agreement in which API's technology provides the energy to drive turbines and fuel cells in power plants designed, engineered and integrated by Ingenium.

Good Evening all. Just wanna Have everyone take a look at AFPW. This is 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 has also recently joined a partnership with Ingenium. Alumifuel technology provides the energy to drive turbines and fuel cells in power plants designed, engineered and integrated by Ingenium. Now the fetured news is that the company has Begun Execution of Navy UUV Contract. This in my opinion is a huge turn for the company!! This is just the begining for this company. I think that we may see some big contracts coming in the near future. We may even see this technolagy used in automotive production!! Also I took a look at the charts on this one and this one has all the indications of a huge run with awesome gains. We could see this one as high as .05 In the next few days.It closed on friday +43% and is still heading north here with the stock being in bullish territory @54.85 and Mac D is well over the signal line. Showing weak resistance at .027 & .031 but We can pass through those with ease. I think were going to have a Very big day on this one. I have included a link to the chart. Thanks for reading and remember to do your own DD..

StockCharts.com

[mickymoose99]

AlumiFuel Power, Inc. Successfully Trains First Customer in Use of Its Unique Portable Balloon Inflation System; and Additional Orders Anticipated
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Companies:AlumiFuel Power Corp..Related Quotes
Symbol Price Change
AFPW.OB 0.0181 -0.0049


{"s" : "afpw.ob","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: AlumiFuel Power Corporation On Monday August 9, 2010, 4:15 pm EDT
CENTENNIAL, CO--(Marketwire - 08/09/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News), (the "Company"), announced today that its technical team has assisted an unspecified military customer in the initial field training on the Portable Balloon Inflation System (PBIS-1000).

The current weather balloon market is pegged at $150-$200 million per year, and encompasses military as well as civil government meteorological users worldwide. Based on customer reaction, API and its path-to-market partner, Kaymont Consolidated of Long Island, New York, the world's largest distributor of weather balloons, believe the PBIS-1000 can become the field standard and product of choice. After purchasing PBIS-1000 units, customers will continue to purchase replacement cartridges to launch 500-1,000 balloons each year (1,000-2,000 cartridges). This is analogous to the razor/razor blade dynamic.

API's President & CEO, Mr. David Cade, said: "We are extremely gratified that our unique PBIS-1000/AlumiFuel cartridge system has generated such widespread interest. Our partner, Kaymont, has been contacted by many other potential customers around the world desirous of procuring the system, and is in the process of arranging demonstrations. The ease of launching weather balloons with the PBIS-1000 will serve to expand the market into remote locations which cannot be served by present hydrogen generation methods."

Previously, API and Kaymont had delivered the first three PBIS-1000 portable generator production units to the customer, along with the first batch of AlumiFuel cartridges to fuel the generators, providing the lift gas. The PBIS-1000 uses two 32 oz. cartridges packed with customized AlumiFuel powder which is then infused with water to generate 1,000 liters of hydrogen in 20 minutes to launch a 5-foot weather balloon. This initial training phase was conducted at the customer's training facility, and consisted of 8 separate balloon launches (using 16 cartridges), all successful as the system and cartridges performed flawlessly.

Following the training launches, the customer requested that several additional features be incorporated into the PBIS-1000, and has earmarked funds for completing the requested modifications and for purchasing additional PBIS-1000 units as soon as the modifications can be incorporated, which is expected to be within 60 days. In addition, potential customers from another military organization, and from a meteorological service, attended the training sessions and expressed keen interest in purchasing the unit. The meteorological representative revealed that the use of the PBIS-1000 and AlumiFuel cartridges for the launching of two weather balloons daily from each of its sites would be only one-third the cost of hydrogen K-Cylinders delivered to various launching sites -- a savings of over $120,000 per site over a one year period.

About AlumiFuel Power, Inc.
API (AlumiFuel Power, Inc.) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API's hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its 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. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit AlumiFuel Power, Inc. | The Investor Relations Group.

About AlumiFuel Power Corporation
AlumiFuel Power Corporation operates through its wholly owned subsidiary, AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources.

[mickymoose99]

.AlumiFuel Power, Inc. Advances Its Fuel Customization Capabilities, Enhancing Penetraton of Large Target Markets

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Symbol Price Change
AFPW.OB 0.0152 0.0000


{"s" : "afpw.ob","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: AlumiFuel Power Corporation On Friday August 13, 2010, 7:15 am
CENTENNIAL, CO--(Marketwire - 08/13/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News) (the "Company"), announced today that it has made further breakthroughs in developing optimal fuel mixture configurations for its various target applications.

These advances greatly enhance API's ability to provide unique high energy density fuel sources for fuel cells, turbines and thermoelectric converters powering Unmanned Undersea Vehicles (UUVs) and man portable power systems, each a multi-billion dollar market. API and its portable power partner, Ingenium Technologies, Inc. of Rockford, Illinois, are presently executing a US Navy R&D contract for a novel energy source for UUVs, and are actively pursuing specific opportunities involving man portable systems for military and commercial portable power applications, replacing gasoline generators and batteries.

API's proprietary powder mixtures, which are composed of aluminum and various proprietary additives, are capable of generating hydrogen and steam at various rates, depending on the particular application. Furthermore, properties of the aluminum powder particles also affect the reaction. Given that each of API's target applications requires different output levels, fuel customization is essential for optimal performance. Using specially developed benchtop reactors to test small batches of powder configurations, API engineers are able to achieve rapid results, minimizing turnaround time. These reactors are fully instrumented and provide temperature, pressure, and volume & mass flow data -- speeding up the engineering development of complete integrated fuel module systems for UUV and man portable power products.

This internal testing is complemented by analysis conducted at Drexel University. With its industrial consortium membership in the world-class Drexel Nanotechnology Institute, API has been able to use cutting edge nanoscale analysis to assure highly efficient and accurate fuel mixture optimization. API and Drexel are conducting multiple powder experiments inside electronic microscopes that will, under the scope of the Navy R&D contract, customize fuel mixtures for the UUV power system. The resulting powder mixtures will be integrated into API's canisters for the UUV system, as well as cartridges for the man portable power generators.

API's Director of Engineering, Mr. Sean McIntosh, said: "This research has been vital for the customization of our powders for the broad spectrum of API products. In addition to ensuring that the mixtures will provide output levels that fit the customers' needs, this development leads to the maximization of energy density and affordability of API's products, giving our potential customers a significant technological and economical incentive to choose our technology over competing products."

About AlumiFuel Power, Inc.
API (AlumiFuel Power, Inc.) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API's hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its 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. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit AlumiFuel Power, Inc. | The Investor Relations Group.

[mickymoose99]

.AlumiFuel Power, Inc. Develops New Cartridge Configuration for UUV Applications, Further Enhancing Its Position in This Large and Expanding Market

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Symbol Price Change
AFPW.OB 0.0138 0.0000


{"s" : "afpw.ob","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: AlumiFuel Power Corporation On Wednesday August 18, 2010, 7:15 am EDT
CENTENNIAL, CO--(Marketwire - 08/18/10) - Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTC.BB:AFPW - News) (the "Company"), announced today that it has developed a new AlumiFuel cartridge configuration for Unmanned Undersea Vehicle (UUV) applications. This new cartridge configuration will generate a similar amount of hydrogen as the cartridges used in the PBIS-1000 Portable Balloon Inflation System (which produces 1,000 liters of hydrogen in 20 minutes), but releases the hydrogen over a much longer time period, making it ideally suited for driving a fuel cell powered UUV.

The overall global UUV market is expected to reach $12 billion over the next decade, encompassing commercial, naval and other national security applications. This number includes $1.2 billion for the power systems, with $400-$500 million related to the fuel modules. API and its portable power partner, Ingenium Technologies, Inc. of Rockford, Illinois, are exploring a growing number of opportunities involving naval and commercial power plant applications with the US Navy, major defense contractors, and deepwater services industry players. Ingenium has already submitted several UUV power proposals to the US Department of Defense using API's fuel source technology.

This new cartridge design was configured in connection with the Navy R&D contract recently awarded to Ingenium and API for a novel new fuel source for a fuel cell powered UUV. The short term objective is to provide continuous power up to 2kW for 72 hours. The new cartridge configuration uses the same type of aluminum cartridge as the PBIS-1000, but with a different external physical design, different ratios of proprietary additives, and a modified internal cartridge structure. This new cartridge configuration leads to a much slower generation of hydrogen, matching UUV long mission duration requirements.

Ingenium and API are also exploring several types of hybrid UUV power sources using API's unique and flexible technology, involving superheated steam to drive turbines for underwater propulsion as well as hydrogen powered fuel cell systems -- all of which equate to significant increases in range and operating time for critical Navy missions over present battery power sources. Each type of generator would be activated at different times, depending on the specific mission requirements and profile.

API's Chief Technology Officer, Mr. John Boyle, said: "For quite some time now we have been focused on optimizing our unique technology for UUV applications, and we are gratified that we now have concrete data and viable designs to make this a reality."

About AlumiFuel Power, Inc.
API (AlumiFuel Power, Inc.) is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. This technology is ideally suited for multiple niche applications requiring on-site, on-demand fuel sources, serving National Security and commercial customers. API's hydrogen feeds fuel cells for portable and back-up power, fills inflatable devices such as weather balloons, and can replace costly, hard-to-handle and high pressure K-Cylinders. Its 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. API has significant differentiators in performance, adaptability, safety and cost-effectiveness in its target market applications, with no external power required and no toxic chemicals or by-products. For more news and information on API, please visit AlumiFuel Power, Inc. | The Investor Relations Group.

About AlumiFuel Power Corporation
AlumiFuel Power Corporation operates through its wholly owned subsidiary, AlumiFuel Power, Inc., a Philadelphia-based early production stage alternative energy company that generates hydrogen gas and steam for multiple niche applications requiring on-site, on-demand fuel sources

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