- About Us
- Nano-Social Network
- Nano Consulting
- My Account
Companies to develop a hydrogen sensor for automotive fuel cell applications.
Austin, Texas-based Nano-Proprietary, Inc. (OTC BB: NNPP), through its subsidiary, Applied Nanotech, Inc. (ANI), today announced that it has entered into a research and development agreement with KRI, Inc. (KRI) to develop a hydrogen sensor for automotive fuel cell applications. KRI, Inc. is the research and development subsidiary of Osaka Gas Co. Ltd., the second largest gas utility company in Japan.
This subcontract is the result of a joint proposal submitted by KRI and ANI to NEDO, the New Energy Industrial Technology Development Organization established by the Japanese Government in 1980. NEDO launched a new project for international joint research to promote advanced and innovative R&D in the hydrogen energy field and awarded eleven grants with eleven different themes. The proposal by KRI and ANI was one of the grants awarded. The joint project is expected to take about one year and ANI will receive an amount similar to an SBIR Phase I grant during that period for its portion of the research.
“We are pleased to participate in this project,” said Dr. Zvi Yaniv, Chief Executive Officer of Applied Nanotech, Inc. “Our selection for this project speaks volumes about our technology.”
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties concerning Nano-Proprietary’s business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in Nano-Proprietary’s annual report on Form 10-KSB for the fiscal year ended December 31, 2003, and in reports subsequently filed by Nano-Proprietary with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from Nano-Proprietary’s web site listed below. Nano-Proprietary hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.
KRI, Inc. is a research and development company owned by OG Capital, a 100% owned subsidiary of Osaka Gas Co., Ltd., the second largest gas utility company in Japan.
About Nano-Proprietary, Inc.
Nano-Proprietary, Inc. is a holding company consisting of two wholly-owned operating subsidiaries. Applied Nanotech Inc. is a premier research and commercialization organization dedicated to developing applications for nanotechnology with an extremely strong position in the field of electron emission applications from carbon film/nanotubes. Electronic Billboard Technology, Inc. (EBT) possesses technology related to electronic digitized sign technology. Nano-Proprietary’s website is www.nano-proprietary.com.
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
|Related News Press|
Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017
Arrowhead Provides Response to New Minority Shareholder Announcement January 7th, 2017
Argon is not the 'dope' for metallic hydrogen March 24th, 2017
Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017