Executive Summary
AFC Energy plc (LON:AFC) is engaged in the design and development of alkaline fuel cells and improving the processes and reducing the costs and number of components required for their manufacture. The Company is based at premises in Dunsfold, Surrey, UK, and the Company's principal objective is to position itself to develop and produce an alkaline fuel cell system at a significantly lower cost than any other fuel cell system and at a commercially acceptable price point. AFC Energy has designed a simpler, significantly lower cost alkaline fuel cell system with a new concept in balance of plant design, eliminating the 'stack' and including an integrated electrode ensemble, that substantially reduces the number of components. The Directors believe that this will enable rapid construction, easy routine maintenance, including individual electrode replacement, and much reduced balance of plant. Precious metals have been almost eliminated and all materials are expected to have at least a 50 year security and multiple source of supply. AFC Energy's initial path to market has been focussed on those industries producing hydrogen as a waste or excess by-product. The Directors believe that the amounts of available waste hydrogen in the global chlor-alkali industry could support approximately 3,000 MW hours per annum of generating capacity.
Company History
Current Events
Business Model
Products/Services
Segments/Customers
Production/Operations
Distribution/Routes to Market
Market & Competition
Market Share
Main Competitors
Competitive Strengths and Weaknesses
Management
Financials
Profit & Loss
Balance sheet
Cashflow
Valuation
Comparable Companies
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
