PTX Protonex Regs

 

TIDMPTX TIDMPTXU 
 
RNS Number : 8014A 
Protonex Technology Corporation 
15 October 2009 
 

 
 
FOR IMMEDIATE RELEASE 
 
 
October 15, 2009 
 
 
 
 
SMALL UNMANNED AERIAL VEHICLE COMPLETES RECORD 23-HOUR FLIGHT 
USING PROTONEX 
FUEL CELL SYSTEM 
 
 
DATELINE: SOUTHBOROUGH, MA; Protonex Technology Corporation (LSE: AIM: PTX and 
PTXU), a leading provider of advanced fuel cell power systems, today announced 
that the Naval Research Laboratory (NRL), through a program sponsored by the 
Office of Naval Research (ONR), has documented a flight endurance record on 
their small, unmanned aerial vehicle (UAV), the Ion Tiger, utilizing a highly 
advanced fuel cell system from Protonex. The Ion Tiger UAV flew for over 23 
hours, setting an unofficial endurance record for fuel cell powered flight, 
driven by the latest generation of Protonex' UAV power system. 
 
 
The 23+ hour duration of the Ion Tiger flight far surpasses the longest previous 
small UAV flight achieved using any technology. By incorporating the Protonex 
power system, the Ion Tiger was able to demonstrate seven times the endurance 
capability of advanced batteries. The Protonex UAV system that was used in the 
Ion Tiger demonstration is a high performance, ultralight proton exchange 
membrane [PEM] fuel cell system, coupling stack technology that can achieve 
1,000 watts per kilogram with advanced balance of plant components. 
 
 
With the successful completion of this major milestone, Protonex is planning to 
continue transitioning this advanced power source into small UAV products with 
specific payloads and mission requirements for both military and commercial 
applications. The endurance capabilities proven in this program were previously 
achievable only with larger scale, more costly UAVs.  Protonex is now confident 
that new critical missions can be achieved by smaller, more cost-effective UAV 
platforms that incorporate its advanced power systems. 
 
 
"This impressive 23-hour record flight milestone represents yet another 
successful collaboration with the NRL and is a culmination of all of 
our combined efforts to date," stated Dr. Paul Osenar, Chief Technology Officer, 
Protonex. "We share the ONR's vision towards bringing quiet electric propulsion 
and long endurance to today's small UAVs and to extend the capability to 
the warfighter." 
 
 
 
 
- ENDS - 
 
 
Enquiries 
Protonex Technology CorporationTel: +1 508 490 9960 
Scott Pearson, Chief Executive Officer 
Margaret Dorsheimer, Director of Marketing 
 
 
Redleaf Communications Limited              Tel: +44 (0)20 7566 6700 
Press and Investor Relations protonex@redleafpr.com 
Samantha Robbins 
Paul Dulieu 
 
 
Piper Jaffray Ltd. Tel: +44 (0)20 3142 8700 
Nominated Adviser 
Michael Covington 
Rupert Winckler 
 
 
 
 
Notes to Editors 
 
 
About Protonex Technology Corporation 
www.protonex.com 
Protonex Technology Corporation develops and manufactures compact, lightweight 
and high- performance fuel cell systems for portable power applications in the 
100 to 1000-watt range. The Company's fuel cell systems are designed to meet the 
needs of military, commercial and consumer customers for off-grid applications 
underserved by existing technologies by providing customizable, stand-alone 
portable power solutions and systems that may be hybridized with existing power 
technologies. The Company is headquartered in Southborough, Massachusetts. 
 
 
 
 
This announcement includes statements which are, or may be deemed to be, 
"forward-looking statements". All statements other than statements of historical 
facts included in this announcement, including, without limitation, those 
regarding Protonex' financial position, business strategy, plans and objectives 
of management for future operations (including development plans and objectives 
relating to Protonex' products and services) are forward-looking statements. By 
their nature, such forward-looking statements involve known and unknown risks, 
uncertainties and other important factors that could cause the actual results, 
performance or achievements of Protonex to be materially different from future 
results, performance or achievements expressed or implied by such 
forward-looking statements. These factors include but are not limited to those 
described in the Admission Document issued in connection with the Company's 
admission to AIM. 
 
 
Forward-looking statements may and often do differ materially from actual 
results. Any forward-looking statements in this announcement speak only as at 
the date of this announcement and are subject to risks relating to future events 
and other risks, uncertainties and assumptions relation to Protonex' operations, 
results of operations, growth strategy and liquidity. 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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