Medis Technologies describes its Power Pack progress at Piper Jaffray

ByRod Adams

Disclosure: I own stock in Medis Technologies. I occasionally adjust my holdings as the price increases and decreases. I promise not to trade in this stock for at least 2 weeks after posting this comment.

One of my biggest frustrations as a frequent traveler and admitted geek is the search for accessible power for my portable devices. For various reasons, when I travel I often have two laptop bags full of gear that works for between 2 and 5 hours without recharging. After that, the gear changes from useful tools and toys to dead bricks that need toting until I can find a plug.

I cannot tell you how many times I have had to park myself on an uncomfortable and rather dirty airport floor in order to sit close enough to the column mounted electrical plugs seemingly placed only for the convenience of the cleaning crew and their vacuum cleaners. I was once a hero because I happened to have a three plug outlet in my bag on a trip with a significant flight delay. Two additional people were able to get their power fix at a time – that plug ended up helping at least a half a dozen people ease their traveling frustration while we were waiting for the plane to finally depart.

Okay – that was a rather long introduction in explanation of why I am so excited about Medis Technologies and their 24-7 Power Pack product. I cannot wait until they are available on the market – currently scheduled for the second half of 2007.

The Power Pack is a disposable fuel cell that uses some unique technology to allow it to store 3-10 times as much energy per unit mass as lithium ion batteries. A single power pack weighing less than 180 grams can provide enough energy to allow up to 80 hours of listening on a hard drive based iPod or 30 hours of talk time on a cell phone. Through the use of a power management system and a collection of inexpensive tips, the Power Pack can charge at least 30 different devices with more options to come.

The company has plans to develop larger systems that will charge laptops and may even develop a stand-by fuel cell for home use.

If you want to learn more about the company, visit www.medistechnologies.com. If you want to learn more specifics about the 24-7 Power Pack, you can see a presentation that was provided to a group of investment professionals at Piper Jaffray’s second annual conference discussing alternative energy opportunities. Here is a link to that presentation:

http://www.medistechnologies.com/news.php?op=a&id=58

This product definitely fills a personal need and I am rather proud that I have helped its development in a small way by continuing to purchase the stock as it has climbed and fallen over the past 4-5 years. There have been a lot of naysayers and short sellers, but the technology makes sense to me and the organization that is doing the development seems to have all of the right attributes to make the vision a reality.

Please remember my disclaimer – I have a bias that makes me really want this company and its product to succeed in a big way.

Additional information: In case you happen to be fascinated by machinery, check out this video of the Medis Power Pack production line that is in its final stages of testing before being disassembled and sent to its permanent location in Ireland. http://www.feehan.com/medis07/prodline.html

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

Similar Posts

  • NS Savannah – Engineering Management and Oversight RFP

    ByRod Adams

    On May 12, 2006, the Maritime Administration issued a Request for Proposals for an Engineering, Management and Oversight services contract for the radiological decommissioning of the NS Savannah. I highly recommend a visit to the RFP site for the most up to date information on one of the most historically significant ships of the 20th…

  • Nuclear Energy Deserves to be On Everyone's List of Clean Energy Alternatives

    ByRod Adams

    Nuclear energy has a fifty year history of safe and reliable operation. Atomic fission, the only new power source developed during the 20th century, produces the energy equivalent of 12 million barrels of oil per day from approximately 440 commercial nuclear power plants. That energy equivalence figure does not include the energy produced on board…

  • Thought provoking article from Mother Jones – Put a tyrant in your tank

    ByRod Adams

    One of my dad’s hobbies when I was growing up was collecting glasses given away by service stations in the days before they became just gas stations that provided little service at all. One of his favorite examples of this art form was a glass with a picture of the Exxon tiger with the slogan…

  • Critical thinking about the use of plutonium in power production

    ByRod Adams

    While reading through recent posts over on Nuclear Is Our Future, my thoughts were stimulated by Stewart Peterson’s June 5 Anti-Nuclear Quote of the Day. In that post, Stewart quoted from the Ploughshares Fund web site and talked about how confused he got by their idea that using plutonium for fuel is so dangerous that…