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Power Air (OTCBB: PWAC) to Commercialize it Zinc Air Fuel Generator |
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Power Air (OTCBB: PWAC) recently signed a Memorandum of Understanding (MOU) with Autobotics
Inc regarding the recycling of zinc. Under the
terms of the agreement, the two companies will work together to manufacture and
recycle the spent fuel from the first indoor generator. Power Air then intends to market the zinc
fueled generator worldwide as a no emission backup generator for both indoor
and outdoor use.
The
fact that the generator can operate with zero emissions indoor is important to
the consumer market. Just within the
past few months, vicious winter storms have struck both the Northwest and the
Midwest, leaving residents without power for more than a week. Several fatalities were reported due to
residents keeping generators in their homes, thereby suffering from acute carbon
monoxide poisoning. If Power Air’s generator
is proven to be effective and non-harmful, then it could possibly find a market
in areas vulnerable to extended power outages.
Power
Air also comes into the market at a time when green/renewable energy is the
fashionable political issue in Washington.
While some are reluctant to concede the effects of Global Warming, it is
politically astute to support such initiatives.
If Power Air can position themselves as a viable alternative with the
company’s fuel cell technology, then Power Air could experience high levels of
growth in the near term. |
