Tallahassee, Fla. — June 28, 2013 – Bing Energy International, the buckypaper electrode and fuel cell technology company, is pleased to announce that it is a finalist in the Florida Companies to Watch 2013 program (http://flctw.growfl.com). The Program honors second-stage companies headquartered in Florida that demonstrate high performance in the marketplace with innovative strategies and processes.
Bing Energy, worldwide exclusive licensee for the buckypaper-based electrodes developed at the Florida A&M University-Florida State University College of Engineering, develops nanotechnology composite electrodes with competitive durability and power advantages over incumbent technologies. Bing Energy’s buckypaper membrane electrode assemblies (MEA) provide high power capability, supporting cost-competitive hydrogen fuel cells for smaller, lighter fuel cell systems.
The fuel cell industry as a whole is ramping up to exploit market potential across transport and stationary sectors the next five to ten years, aiming to play a stronger role in the global energy landscape. Fuel cell manufacturers will continue to improve and optimize the technology, creating global wide deployment and commercialization.
Florida Companies to Watch, now in its third year, is presented by GrowFL, the Florida Economic Gardening Institute at the University of Central Florida, in association with Edward Lowe Foundation and with programmatic support from the Florida Department of Economic Opportunity.
For further information please contact:
R. Dean Minardi
About Bing Energy International
Bing Energy has an exclusive commercialization agreement to use Florida State University professor Dr. Jim P. Zheng’s patented breakthrough nanotechnology to create a more commercially viable fuel cell. The buckypaper nanotechnology structure incorporates a thin layer composed of carbon nanotubes (buckypaper), enhancing strength and durability while reducing the need for expensive platinum catalyst. Bing Energy’s innovation in Membrane Electrode Assemblies (MEA) will lead to fuel cells with lower cost and higher durability removing the main impediments to widespread adoption. For more information: www.bingenergyinc.com.
GrowFL provides strategies, resources and support to second-stage companies for next level growth. By supporting companies with Strategic Research and peer-to-peer CEO mentoring, GrowFL helps companies overcome obstacles to growth and leads them towards prosperity. Based on the philosophy of Economic Gardening — to grow existing businesses in a community, region or state — GrowFL is the program of the Florida Economic Gardening Institute at the University of Central Florida and is a critical component to the state’s economic development strategy and Florida’s entrepreneurial ecosystem. During the pilot program from 2009-2011, GrowFL helped more than 400 companies create 1,400 new jobs and had an annual economic impact of $510.4 million. At the beginning of 2013, that number has grown to nearly 700 companies supported by GrowFL. For more information: www.growfl.com.