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May 3rd, 2005
A Tustin nanotechnology startup with a Riverside operation has landed a deal its executives hope will propel the firm to exponential growth. "This is the breakthrough we've been looking for," said Stephen Godwin, a senior advisor for Pacific Fuel Cell Corp.
The company operates a laboratory at the University Research Park in Riverside. Pacific Fuel Cell trades as PFCE on the Nasdaq exchange. Pacific Fuel Cell is developing carbon nanotube-based micro fuel cells for use in laptop computers, hand-held computers and cell phones that enable the devices to operate for longer periods of time. UC Riverside has functioned as a nonprofit research facility with Pacific Fuel Cell in creating the intellectual property.
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