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fuel cell merger

Ultra Electronics acquires portable fuel cell manufacturer Adaptive Materials

By / January 5, 2011

U.K.-based Ultra Electronics Holdings has acquired Adaptive Materials, a Michigan-based solid oxide fuel cell developer for $23 million. According to an Adaptive Materials press release, the company will continue to develop and manufacture propane-powered fuel cell systems. Adaptive Materials designs and manufactures portable fuel cells in the 50-300 W range. Its solid oxide fuel cells…

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