17. Does HYDRNOL meet the DOE goals for hydrogen storage?

The United States Department of Energy has set out specific goals for industry to try to achieve for 2010 and 2015, for the gravimetric efficiency of hydrogen storage systems. For 2010, the goal was 6% hydrogen compared to the weight of the entire support system of tanks, valves and controls. The goal for 2015 is 9%, weight-by-weight.

Asemblon expects to meet the DOE’s 2010 goal of 6% and then exceed the 9% 2015 goal three years ahead of schedule. The DOE also set volumetric goals that Asemblon expects to beat prior to the deadlines.