Hydrogen Fuel-Cell Buckeye Bullet Land Speed Racing Vehicle Invited to
11:30 AM US Eastern Timezone
The Ohio State University's national and international record-holding,
Buckeye Bullet Student Land Speed Racing Vehicle will be on display
from September 29th through October 1st, 2006 in the financial capital
of the world, New York City.
The world's fastest electric car, the Buckeye Bullet, will take center
stage in the Transportation Pavilion at Wired Magazine's NextFest
Technology Worlds Fair, where Wall Street VIPs are expected to be among
over 50,000 business, technology and financial executives to visit the
This is a rare, world-class opportunity for The Ohio State University
and all of its corporate partners to showcase the very best,
student-generated, advanced research technology results to the world.
Buckeye Bullet student team members will accompany the Buckeye Bullet
and talk about the car, their Bonneville experiences and about all of
you who have made this student project a world-class success. The
Buckeye Bullet students will also be available to meet with sponsors
and their customers, university donors, alumni and potential Ohio State
National and international press coverage is planned. The 2005
NextFest show in Chicago generated its own TV program on Discovery
Channel and over 300,000,000 media placements worldwide, many featuring
the Buckeye Bullet.
Show information: Wired NextFest
Buckeye Bullet appearance: Contact David Cooke at email@example.com
Plug Power Inc. (Plug Power), incorporated in June 1997, is a
development stage enterprise engaged in the design, development and
manufacture of on-site energy systems for energy consumers worldwide.
The Company is focused on a platform-based systems architecture, which
includes proton exchange membrane (PEM) fuel cell and fuel processing
technologies, from which multiple products are being offered or are
under development. Plug Power has one commercial product line, Gencore,
which is a back-up power product for telecommunications, broadband,
utility and industrial uninterruptible power supply (UPS) applications.
The Company is also developing additional products for continuous run
power applications, with optional combined heat and power capability
for remote small commercial and remote residential applications.
The Company's prime power systems have produced approximately 6.8
million kilowatt hours of electricity and have accumulated over 2.6
million operating hours. The GenCore product, designed for intermittent
or back-up power demands, has been deployed with 17 telecommunications
carriers and utility customers in North and South America, Europe, the
United Kingdom, Japan and South Africa. This product is the Company's
first commercial product and targets back-up power in
telecommunications, broadband, utility and industrial uninterruptible
power supply (UPS) as initial applications. It is also developing
additional products for continuous run power applications and has begun
field-testing of the next generation GenSys, the Company's continuous
run product during the year ended December 31, 2005.
Plug Power is engaged on a fuel cell technology platform and has one
commercial product line, GenCore. This is focused on providing
direct-current (DC) backup power in a power range of 1-12 kilowatts for
applications in the telecom, broadband, utility and industrial UPS
market applications. The GenCore products are fueled by hydrogen and do
not require a fuel processor. During the year ended December 31, 2003,
the Company began shipments of the GenCore 5T product, and had shipped
233 units through December 31, 2005.
Plug Power is developing GenSys into a platform that will support a
number of products, including systems fueled by liquefied petroleum gas
(LPG) for remote applications and, eventually, both grid independent
and grid-connected light commercial and residential applications fueled
by LPG or natural gas. The Company is also developing combined heat and
power (CHP) fuel cell systems for light commercial and residential
applications that provide supplemental heat as electricity is produced.
Home Energy Station (HES)
The Company has been developing technology in support of the automotive
fuel cell market under a series of agreements with Honda R&D Co Ltd. of
Japan (Honda), a subsidiary of Honda Motor Co., Ltd., under which Plug
Power had jointly developed and tested three phases of prototype fuel
cell systems that provide electricity and heat to a home or business,
while also providing hydrogen fuel for a fuel cell vehicle (the Home
Energy Station). In September 2005, Plug Power and Honda installed the
Company's third-generation Home Energy Station in Torrance, California.
Honda now utilizes the systems in both New York and California for
refueling prototype Honda FCX fuel cell vehicles in their test
programs. Across each generation of the HES, Plug Power had reduced
size and weight, as well as improved performance. The Company is
negotiating a contract with Honda funding its joint development of the
fourth generation system during 2006, as well as a separate agreement
funding joint research & development, in 2006, of technology that may
be utilized in future systems.
GenSite will be an on-site hydrogen gas generator. This product will
target certain applications now served by packaged hydrogen gas
(cylinders or tube trailers) or electrolyzers. The Company has a
prototype system in its research and product development facilities in
Apeldoorn, Holland, and another system at the Latham, New York
The GenCore platform provides the basis for the Company's development
of the GenDrive product. GenDrive is a hydrogen-fueled,
battery-replacement module for material handling equipment.