FuelCellsEtc – Spin-out or Sale response

There has been some question about whether FuelCellsEtc was a “Spin-out” or an “Acquisition” (see Fuel Cell Nations post).  I confess, this is largely due to my own inconsistencies in terminology. So here’s the skinny:  FuelCellsEtc licensed (exclusively) all of the technology, process, etc of the Commercial Fuel Cell Components Division (CFCC) at Lynntech.  We also brought over most of the people in the group as well as virtually all of the equipment, materials, etc.  We still operate under … [Read more...]

Lynntech Spins-off Commercial Fuel Cell Components Division as FuelCellsEtc

FuelCellsEtc has acquired Lynntech’s Commercial Fuel Cell Components (CFCC) Division.  The entire product line formerly produced under Lynntech CFCC will now be manufactured and sold wholly by FuelsCellsEtc. FuelCellsEtc was originally part of one of the oldest and most recognized fuel cell R&D firms in the US, operating as Lynntech’s Commercial Fuel Cell Components Division.  As part of Lynntech, the CFCC division had been manufacturing and selling fuel cell components commercially for … [Read more...]