In July 2008, Millennium Cell Inc filed for bankruptcy and liquidated its assets. Millennium Cell Inc. (Millennium Cell) is engaged in the development of hydrogen fuel cartridge technology and designs, as well as hydrogen batteries comprising of a fuel cell and the Companys hydrogen storage technology for use in portable electronic devices for the military, industrial, medical and consumer electronics markets. The Companys hydrogen cartridges provided a way to store and deliver hydrogen energy in a battery sized package. In one architecture of its system, with the energy stored in a sodium borohydride fuel blend, which, when exposed to a catalyst releases hydrogen (stored energy) instantly. The fuel blends used in the Companys hydrogen battery technology included a combination of water, sodium borohydride and other chemicals. Other methods of hydrogen generation using sodium borohydride and other chemical hydrides were under development using different catalysts and/or fuel blends. The hydrogen produced by the Companys hydrogen cartridges is converted into electricity by a fuel cell. A fuel cell transforms hydrogen and oxygen directly into electrical power and produces power as long as the hydrogen and oxygen are supplied to it. Millennium Cell co-developed hydrogen fuel cell systems that were comprised of a combination of its partners fuel cells and disposable hydrogen cartridges based on its technology. The fuel cells in some cases would be integrated into the electronics of the device and in other cases external to the device, depending on the application requirements. Hydrogen was supplied to the fuel cell by its safe, easy-to-use disposable cartridges which in many devices fitted into the existing battery bay.
