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What Is Ovonic Materials Division
Doing Now?
Ovonic Materials Division is focused on maintaining
its leading nickel metal hydride (NiMH) intellectual
property (IP) position and assuring that its NiMH license
and royalty revenues continue into the distant future.
At Ovonic Materials Division, we are focused on developing
the next generations of NiMH technology to enable lower
cost, increased power and cycle life, increased low-temperature
power, and increased capacity and energy. These developments
will allow us and our licensees to capture new markets
and to withstand the competition from competing battery
technologies.
We are also continuing to conduct R&D on our proprietary
biofuel reformation technology, which offers the potential
for low-cost production of hydrogen from renewable energy
sources, such as ethanol, without the generation of
carbon dioxide which contributes to global warming.
We also intend to leverage our nickel hydroxide advanced
products and manufacturing capabilities to create materials
manufacturing businesses that can provide our licensees
with competitive technological advantages and incentives
necessary to grow the NiMH market.
Go to Ovonic Materials Division Overview page.
See Ovonic Materials Division accomplishments.
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