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engages co-development of Hydrogen Fuel Cell , MOU with Gumi City
Post by admin Date 17-09-25 14:23
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756f0e9cb89a55dc643718ec7f3eecb7_1506316

 

September 15, 2017, the Gumi City International Trade Cooperation Office

ARTECH has concluded a four-party agreement for the development of civilian-military liquefied hydrogen fuel cell drones

to preempt the next generation energy market .

 

Hydrogen has been regarded as the next generation energy power in the meantime, but it is demanded of high-tech storage technology. Currently, only seven countries including USA, Japan and Germany have original technology,

with active development and investment while there is no actual or domestic technology.

 

This Memorandum of Understanding shows that MetaVista Co., Ltd., owned by Dr. Paik Jong-hoon provides with

the source technology while ARTECH Co., Ltd. and ZHT Co., Ltd. participate in production process. Gumi City will take its

role as administrative support until the project is in a normal orbit.