Elcogen acquired stack technology IPR from VTT

On March 29, 2011, Elcogen signed an agreement with VTT Technical Research Centre of Finland for acquiring all of VTT’s IPR regarding fuel cell stack technology. In addition, Elcogen and VTT agreed to continue cooperation with the aim to develop a commercial 1 kW fuel cell stack by 2012 and a 10kW stack by 2013.

VTT has developed unique design that enables to minimise temperature gradients in the stack. Stack components are designed to be mass-manufacturable at low cost. Combining Elcogen’s high-performance intermediate temperature SOFC cells and VTT’s stack solutions, we will result in highly competitive product that will allow us to better meet the requirements of FC system manufacturers.

The aim of this transaction is to increase Elcogen’s competitive position in the expanding fuel cell market by uniting valuable knowledge of both parties.