Major Drone Manufacturer Snaps Up Intelligent Energy’s Game-Changer for Drone Range [Flight Time]

LOUGHBOROUGH, England--()--CES showstopper Intelligent Energy has signed a Letter of Intent (LOI) with a major drone manufacturer to develop hydrogen fuel cell powered drones. The deal will see the two companies work together in the first quarter of 2016 to develop technological solutions to increase drone flight time. The goal is for the deal to lead to a formal commercial arrangement for the solutions’ rollout.

Intelligent Energy was the subject of substantial international interest at CES, which is a high profile international consumer electronics show held in Las Vegas earlier this month, when it unveiled its fuel cells embedded in a range of consumer electronics devices to dramatically increase the flight time between charges. Pain points for drones, particularly for commercial use, are known to be short flight times and long periods of downtime due to battery limitations and recharging. Intelligent Energy showcased its ultra-light weight fuel cell stacks at the event, which it has developed specifically for the drone market, as well as miniaturised fuel cell stacks that can be embedded into smartphones, laptops and notebooks.

Powering a drone with a hydrogen fuel cell could enable it to fly for hours, as opposed to minutes. Although the exact improvements to flight times will not be known until the production drone is finalised, the expectation is that a fuel cell could more than double or even triple the time a drone could remain airborne. In addition, fuel cells would reduce the downtime significantly as re-fuelling takes a matter of minutes.

“Our embedded fuel cell technology was well received at CES and we have had huge levels of interest from manufacturers so we are, of course, absolutely delighted to be signing our first letter of intent on the back of the show,” said Julian Hughes, Acting Managing Director for Intelligent Energy’s Consumer Electronics Division. “Major shortcomings to drone development are range and flight time. Using fuel cells to power a drone can markedly increase the flight time. A longer flight time and, therefore, increased range means drones become much more viable for commercial use. We see the signing of this LOI as a very important step to the commercialisation of fuel cells in drones.”

About Intelligent Energy

Intelligent Energy Holdings plc is an energy technology group which develops efficient and clean hydrogen fuel cell power systems for the global automotive, consumer electronics, distributed power and generation markets – from powering zero-emission vehicles to compact energy packs for mobile devices and stationary power units for the always-on infrastructure.

Working with international companies, Intelligent Energy aims to embed its technology in mass market applications to solve the challenges of continuous power and productivity, by creating everyday energy solutions to power people’s lives. The Group’s intellectual property and expertise is based around proprietary fuel cell technologies, which are the product of over 25 years of research and development. Its patent portfolio includes more than 1,000+ patents granted and 1,000 patents pending across over 400 patent families. The Group also maintains a significant body of confidential know-how and trade secrets.

With its principal facility and headquarters in Loughborough, UK, the company also has operations in India, Japan and Singapore, a commercial office in Silicon Valley, USA and development facilities co-located at the French Alternative Energies and Atomic Energy Commission in Grenoble and at NASA in Florida, USA. Intelligent Energy Holdings plc is listed on the London Stock Exchange and has an ADR program in the USA (LSE: IEH; ADR: INGYY).

More information on Intelligent Energy is available at Twitter, YouTube and LinkedIn. Or visit http://www.intelligent-energy.com.

Contacts

US Media Contact:
Blanc & Otus for Intelligent Energy
Shasta Smith, 415-856-5123
shasta.smith@blancandotus.com

Release Summary

Intelligent Energy has signed a Letter of Intent (LOI) with a major drone manufacturer to develop hydrogen fuel cell powered drones.

Contacts

US Media Contact:
Blanc & Otus for Intelligent Energy
Shasta Smith, 415-856-5123
shasta.smith@blancandotus.com