In a major milestone, MTI MicroFuel Cells Inc. (MTI Micro), the developer of Mobion(TM) cord-free rechargeable portable power technology suitable for handheld electronic devices and a subsidiary of Mechanical Technology Incorporated (Nasdaq: MKTY), announced it has received United Nations (UN) Packaging Certification and is now in United States Department of Transportation (DOT) Compliance for shipment of its methanol fuel cartridges, supporting its initial product launch planned by year-end.
With this UN and DOT recognition in place, authorized shippers can now conveniently transport MTI Micro's fuel refills by ground, sea and air, both domestically and internationally.
"MTI has emerged as a leader in the development of safe and reliable methanol fuel cartridges and packaging," said John Lynn, President and CEO of the Methanol Institute, the global trade association for the methanol industry. "This is a significant achievement in the acceptance of methanol shipments, and will hasten the eventual widespread market adoption of micro fuel cell technology."
MTI MicroFuel Cells Inc., a subsidiary of Mechanical Technology Incorporated, (Nasdaq: MKTY – News), is the developer of Mobion(TM), a patented direct methanol micro fuel cell technology. The Company has a world-class team of entrepreneurial business executives, researchers and scientists; a number of system prototypes demonstrating size reductions and performance improvements; significant related intellectual property; and has received government awards and developed strategic partnerships to help accelerate commercialization.
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