Ballard gains H2 Logic materials handling IP, Euro deal for M-Field

摘要

Denmark-based H2 Logic has transferred all of its H2Drive PEM fuel cell activities, including its materials handling intellectual property (IP) portfolio, to Dantherm Power, the Danish subsidiary of Canadian-based Ballard Power Systems. Dantherm Power will focus on commercialising fuel cells for materials handling vehicles in Europe in collaboration with M-Field Energy Corporation – a subsidiary of M-Field Energy Ltd in Taiwan – including sub-licensing this IP to M-Field in an agreement worth approximately US$1 million.