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Chemicals Industry | Basic Materials Sector | Mr. Pedro Villagran-Garcia CEO | OTC PINK Exchange | 022201305 Cusip |
US Country | 1 Employees | - Last Dividend | 19 Nov 2014 Last Split | - IPO Date |
AlumiFuel Power Corporation positions itself as a pioneering entity within the renewable energy sector, primarily focused on the production of hydrogen gas and heat through a chemical reaction involving aluminum, water, and proprietary additives. This innovative approach allows the company to cater to a diverse array of applications, ranging from fuel cells for backup, remote, and portable power solutions to the inflation of weather balloons and the provision of environmentally friendly alternatives to traditional K-cylinders. Headquartered in Englewood, Colorado, AlumiFuel is at an early stage of production but displays a strong commitment towards expanding its product lineup to address the needs of auxiliary power system and underwater propulsion markets, alongside exploring hybrid renewable energy solutions for specialized fields such as medical cannabis cultivation and oilfield operations.
At the core of AlumiFuel's offerings is its innovative method for generating hydrogen gas and heat. This process, catalyzed by the reaction between aluminum, water, and specific additives, is versatile in its applications, powering everything from fuel cells to heating systems without the footprint of conventional fuels.
The PBIS-1000, PBIS-2000, and PBIS-lite represent AlumiFuel's line of hydrogen generators tailored specifically for inflating weather balloons and other inflatable devices. These systems provide a safer, more efficient alternative to traditional high-pressure storage cylinders, emphasizing portability and ease of use.
Leveraging the steam and hydrogen output, AlumiFuel has ventured into the realm of underwater propulsion. These turbine-based systems highlight the company’s innovative approach to renewable energy solutions, offering a sustainable and powerful option for underwater vehicles.
AlumiFuel’s commitment to leveraging its hydrogen/steam generation technology extends to the production of flameless ration heaters, catering to diverse industries including military operations. These heater packs, along with the company's auxiliary power systems, underscore its dedication to providing renewable, safe, and efficient energy solutions.
In a pursuit to diversify its portfolio and apply its technology to niche markets, AlumiFuel is focusing on developing hybrid renewable energy solutions. These initiatives are targeted at enhancing the sustainability and efficiency of operations within the medical cannabis cultivation and oilfield industries, reflecting the company's adaptable and innovative approach towards renewable energy.