Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > QuantumSphere Achieves Performance and Validation Milestone

Abstract:
Industry Milestone to Deeply Impact OEM and Consumer Marketplace While Reshaping the Platinum Group Metal Catalyst Landscape

QuantumSphere, Inc. Achieves Performance and Validation Milestone With Proprietary High-Quality Nano-Nickel/Cobalt Alloy For Replacement Solution in Multi-Billion Dollar Platinum Electrode Market

QuantumSphere, Inc

Costa Mesa, CA | August 29, 2005

QuantumSphere, Inc., the leading manufacturer of metallic nanopowders for applications in aerospace, defense, energy and other markets demanding advanced material applications, announced (“QSI- nano™ Ni/Co alloy”) as a clear replacement solution for the platinum electrode market. QuantumSphere is the only supplier of the world’s highest quality metallic nanomaterials including QSI- nano™ Ni/Co and other proprietary alloys. Independent validation, provided by DoppStein Enterprises, Inc. (DSE) regarding this development, poses a serious issue for platinum suppliers in the platinum group metal catalyst market, as QSI- nano™ Ni/Co alloy will alleviate dependency on platinum as the main catalytic material in a variety of battery and fuel cell applications-- while presenting tremendous business and cost savings advantages for companies.

A shift from finely divided platinum to QSI- nano™ Ni/Co alloy results in a reduction in the cost of fuel cell and battery catalysts by approximately 50%, while achieving up to 90% of pure platinum performance, based on current prices. Conversely, a 90% cost savings will result in a remarkable 73% performance relative to pure platinum. To view independent scientific data from DSE that supports and validates QuantumSphere’s achievement in the catalyst marketplace, visit this link and click on “DSE nano-Nickel/Cobalt Validation Data.”

“By adopting our product, QuantumSphere enables companies to provide new product offerings in the marketplace and increase their revenue,” said Kevin Maloney, CEO, QuantumSphere, Inc. “For example, we have spoken with many firms that are frustrated by the fact that products using small fuel cells or batteries face a problem-- up to 40% of the total product cost is derived from the expense of the catalyst. By using our QSI- nano™ Ni/Co alloy product, QuantumSphere can reduce the total device cost significantly. This opens up an exciting range of new business opportunities for companies that want to offer new products to customers but were previously hindered by the cost that platinum imposed on the OEM and final product price. Additionally, the method of making these materials is highly scalable and fully automated. QSI- nano™ Ni/Co alloy will liberate companies from their dependence on platinum, lower the cost of production and increase profit margins, enabling firms to offer new products at a price point that will be accepted in the market,” Maloney added.

DoppStein Enterprises, Inc., conducted experiments and provided independent scientific data to validate QuantumSphere’s achievement. “After months of working to evaluate and validate QuantumSphere’s product and manufacturing capabilities, I can finally state with full confidence that oxygen reduction catalysis on cathode electrodes using QuantumSphere’s nano-sized nickel/cobalt alloy material has been unambiguously demonstrated,” said Robert Dopp, President, DSE. “This catalyst can be used in a variety of practical batteries and fuel cells, including Li-ion, Zn/air, PEMFC and DMFC. One fundamental issue of fuel cells is the reliance on platinum as catalyst. For a cost comparison, finely divided platinum (currently $75.00/gram in bulk) costs approximately 5 times as much as QuantumSphere’s nano-Ni/Co alloy catalyst (currently $15.00/gram). This translates into a large reduction in total device cost. Implementation of this new technology incorporating QSI-nano™ Ni/Co alloy in the alternative energy sector has the potential to dramatically accelerate commercialization of these micro devices,” Dopp added.

Confirmation of catalysis was accomplished through a series of experiments where nanocatalysts were used alone and in conjunction with varying amounts of platinum. “Not only are QuantumSphere’s catalysts active alone, they also enhance the activity of platinum when combined with various QSI-Nano™ materials. Compared with a pure platinum catalyzed cathode, QuantumSphere’s metallic nanoparticles show up to 90% of the catalytic activity,” Dopp commented. “The activity was demonstrated using electrochemical techniques and impedance spectroscopy. This was the first clear verification and will be followed by a series of optimization experiments that are targeted at meeting or exceeding the activity of high surface area platinum catalyzed cathodes. The impact of these findings is enormous, as it reveals that nanocatalysts prepared by QuantumSphere’s proprietary methods have the potential to partially or fully replace platinum (a $10-$12 billion market, annually), one of the most expensive and scarce electrode components,” Dopp concluded. White papers will be released in Q1, 2006.

####

About QuantumSphere, Inc.:
QuantumSphere is the leading manufacturer of metallic nanopowders for a broad range of applications in industries such as aerospace, defense, energy, biomedical, and other markets demanding advanced material applications. QuantumSphere's exclusive manufacturing process provides: consistent, narrow particle size distribution; low level of agglomeration and impurities; custom-tailored oxide shell thickness; and the highest purity metallic nanopowders on the market that are easier to transport and handle. The company accomplishes this without compromising its commitment to the environment and the community. No other company offers these performance advantages.

QuantumSphere is the only supplier of the world’s highest quality magnetic, conductive and catalytic metallic nanopowders, including QSI-nano™ nickel (n-Ni), QSI-nano™ silver, QSI-nano™ copper, QSI- nano™ Ni/Co and other proprietary alloys. These materials will replace platinum as the main catalyst in fuel cells and other electrode assemblies and provide a renewable source of power to supply the world’s energy needs.

The company is leveraging its leading market position in metallic powders to manufacture and ship product for applications in fuel cells, magnetic medical products, bio-sensors, filtration devices and other applications including additives for plastics and electromagnetic frequency shielding.

For more information, please visit www.qsinano.com

About DSE:
Robert Dopp is a consultant to the fuel cell, battery and related industries. During his three decades of battery R&D, resulting in 36 related patents bearing his name, he has designed several production air cathode machines, making the highest rate air cathode in the world. He has helped to develop a consumer battery with over four times the energy density of Alkaline cylindrical cells, and many tens of times higher energy than many rechargeable batteries.

Contact:
Joe Romano
Partner, HighGround, Inc.
781-279-1320 x 208
jromano@highgroundinc.com

Copyright © QuantumSphere, Inc.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Possible Futures

Watching nanomaterials form in 4D: Novel technology allows researchers to see dynamic reactions as they happen at the nanoscale April 26th, 2018

The dispute about the origins of terahertz photoresponse in graphene results in a draw April 26th, 2018

Graphene origami as a mechanically tunable plasmonic structure for infrared detection April 25th, 2018

Nuclear radiation detecting device could lead to new homeland security tool: New device can detect gamma rays and identify radioactive isotopes April 25th, 2018

Materials/Metamaterials

The first PE blown films with nanotubes hit the Chinese market April 26th, 2018

Getting electrons to move in a semiconductor: Gallium oxide shows high electron mobility, making it promising for better and cheaper devices April 24th, 2018

Organic solar cells reach record efficiency, benchmark for commercialization April 23rd, 2018

Salt boosts creation of 2-D materials: Rice University scientists show how salt lowers reaction temperatures to make novel materials April 18th, 2018

Announcements

The first PE blown films with nanotubes hit the Chinese market April 26th, 2018

Arbe Robotics Selects GLOBALFOUNDRIES for its High-Resolution Imaging Radar to Enable Safety for Autonomous Cars: Arbe Robotics’ proprietary chipset leverages GF’s 22FDX® technology to deliver industry’s first real-time 4D imaging radar for level 4 and 5 autonomous driving April 26th, 2018

Watching nanomaterials form in 4D: Novel technology allows researchers to see dynamic reactions as they happen at the nanoscale April 26th, 2018

The dispute about the origins of terahertz photoresponse in graphene results in a draw April 26th, 2018

Energy

Organic solar cells reach record efficiency, benchmark for commercialization April 23rd, 2018

Psst! A whispering gallery for light boosts solar cells April 14th, 2018

High efficiency solar power conversion allowed by a novel composite material: A composite thin film developed at INRS improves significantly solar cells' power conversion efficiency April 10th, 2018

Light 'relaxes' crystal to boost solar cell efficiency: Rice, Los Alamos discovery advances case for perovskite-based solar cells April 6th, 2018

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project