WATT Fuel Cell Appoints Peter Gunderson as VP, Manufacturing to Lead Commercial Production of Residential Fuel Cells

Mount Pleasant, PA, July 25, 2023 — WATT Fuel Cell Corp (“WATT”) is pleased to announce the appointment of Peter Gunderson as vice president, manufacturing. In his new role, Gunderson will direct a growing team as WATT launches commercial production of its natural gas-powered Solid Oxide Fuel Cell systems. An initial order for 500 residential 1.5 kilowatt Imperium® fuel cells was recently placed by Hope Gas, Inc., a West Virginia-based utility company, whose customers can adopt them as an alternative source of household electric power, working in parallel with a sometimes unreliable electrical grid.

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WATT Fuel Cell Continues Business Momentum Growth with Generac Investment

Mount Pleasant, PA, December 7, 2022 – WATT Fuel Cell is excited to announce an investment from Generac Power Systems, a market leader in residential energy technology. The new investment closes 2022 with growing momentum toward commercial launch of fuel cell-driven power for homeowners. As a part of the transaction, a member from the Generac executive team will join the WATT board of directors.

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WATT Fuel Cell Achieves ETL Certification

MOUNT PLEASANT, Pa., June 9, 2022 /PRNewswire/ — WATT Fuel Cell Corp (“WATT”) announced their new 1500W ImperiumR Solid Oxide Fuel Cell System received ETL certification to operate on either natural gas or liquid propane gas. The system’s ETL certification complies to North American safety standards.

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WATT Fuel Cell Achieves Cell Technology Milestone – Major Efficiency Gain and Carbon Dioxide Reduction

May 19, 2022, Mt. Pleasant, PA — WATT Fuel Cell (“WATT”) announced a technological advancement that dramatically increases the efficiency of its fuel cells and reduces their already minimal CO2 emissions. WATT achieved the breakthrough efficiency gain by employing a new Catalytic Partial Oxidation (CPOX) fuel processing technology combined with its innovative Additive Manufacturing Process (AMP),

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WATT Fuel Cell Closes Financing Round Led by EQT

Toby Z. Rice, EQT’s President and Chief Executive Officer, to JoinWATT’s Board of Directors. MOUNT PLEASANT, Pa., Feb. 23, 2022 /PRNewswire/ — WATT Fuel Cell announced today that it has closed a financing round led by EQT Corporation to continue the company’s development and commercialization of its solid oxide fuel cell technology. Other participants in the round included Senvest Management LLC, Park West Asset Management LLC, and Emerald Development Managers LP. Financial terms were not disclosed.

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WATT Fuel Cell and Peoples Gas Announce Milestone in Residential Fuel Cell Program

Mount Pleasant, PA, December 22, 2020—WATT Fuel Cell (“WATT”), in partnership with Peoples Gas (“Peoples”), has reached a significant milestone on their path to the commercialization of residential fuel cell systems. Utilizing its proprietary additive manufacturing process, WATT has increased its fuel cell stack power more than 100% to over 2000W and improved system efficiency by more than 50%.

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Pittsburgh Technology Council Honors WATT Fuel Cell with a Tech 50 Award for Innovation

Mount Pleasant, PA, October 29, 2018 — WATT Fuel Cell Corporation (“WATT” or the “Company”) was awarded a Tech 50 for Innovation in Manufacturing from the Pittsburgh Technology Council at a celebration on October 25th, 2018 in downtown Pittsburgh. WATT was selected for their work developing the company’s patented fuel cell technology and proprietary Additive Manufacturing Process (“AMP”), both of which allow WATT to manufacture commercially viable hybrid fuel cell products for small-scale power applications.

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