Millennium Cell, Inc. (MCELQ) Research

Millennium Cell, Inc. was an emerging enterprise focused on pioneering hydrogen-powered battery solutions. These innovative batteries were primarily intended for portable electronic devices across diverse sectors, including military, medical, industrial, and consumer markets. Each hydrogen battery system integrated both a fuel cell and advanced hydrogen storage capabilities. Their proprietary fuel mixture consisted of water, sodium borohydride, and additional chemical components. Hydrogen generated from these specialized fuel cartridges was subsequently transformed into electrical energy via a fuel cell. The company advanced its technology through collaborative efforts with corporate and governmental organizations. It also offered licensing agreements for its hydrogen cartridge technology and designs to other enterprises specializing in fuel cell system development. A significant strategic alliance was forged with The Dow Chemical Company, aimed at commercializing its hydrogen battery solutions within the military and consumer electronics spheres. Additionally, it maintained a joint development and licensing pact with Horizon Fuel Cells Plc. Established in 1998, the company was headquartered in Eatontown, New Jersey. Millennium Cell Inc. is presently undergoing liquidation.

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