MyFC initiates feasibility study with leading Chinese smartphone manufacturer
Swedish fuel cell company myFC (MYFC) has initiated a feasibility study with a leading Chinese smartphone manufacturer. The aim is to analyze the technical and commercial feasibility of integrating myFC’s fuel cell technology into smartphones.
“Since we launched the world’s smallest fuel cell LAMINA in early 2017, our intention has been to pursue the integration of our fuel cell technology in smartphones. This R&D project marks the start of that initiative, which we refer to as job #3,” says Björn Westerholm, CEO of myFC.
This information is information that myFC is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14:15 CET on December 21 2017.
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MyFC, a Swedish innovation company and market leader in micro fuel cells, develops green energy solutions. Its JAQ Hybrid platform, which co-locates fuel cell and battery to charge smartphones and tablets, was launched in 2017. JAQ Hybrid is the company's third hydrogen-powered product following JAQ and PowerTrekk. It runs on the company's patented fuel consisting of salt, water and reactants. MyFC was founded in 2005 and is part of the group myFC Holding AB. MyFC Holding was listed on NASDAQ | First North in May 2014. Its head office is located in Stockholm and the company's Certified Advisor is Avanza Bank. For more information, visit www.myfcpower.com