PowerTap Hydrogen Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, announced that subsidiary Progressus Clean Technologies, formerly AES-100 Inc., has created an advisory board. According to the announcement, the board is tasked with helping the company accelerate technology development and commercialization of its market responsive hydrogen products. World-renowned hydrogen expert Pinakin Patel has been named chair of the new board; he will focus on ensuring that Progressus technology meets development and commercial milestones through deep technology and supply chain expertise. Patel has more than four decades of experience in the hydrogen and fuel cell sectors along with invaluable knowledge of Progressus technology. A 49% subsidiary of PowerTap Hydrogen, Progressus Clean Technologies is a venture-stage green technology company dedicated to the development of novel hydrogen generation and separation technologies. The company owns the exclusive rights and intellectual property related to the Advanced Electrolyzer System for the production of hydrogen from dilute syngas. “Pinakin’s network in the hydrogen and fuel cell space along with his expertise and direct experience with Progressus technology is second to none,” said Progressus president and CEO Channce Fuller in the press release. “His appointment to chair the advisory board for Progressus is a catalyzing opportunity for us to bring more and more experience to the venture.”
To view the full press release, visit https://ibn.fm/5edPH
About PowerTap Hydrogen Capital Corp.
PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (“PowerTap”), is focused on installing hydrogen production and fuel dispensing infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation blue hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. There are currently under 100 operational publicly available hydrogen stations in the United States with most of the existing stations purchasing industrial hydrogen from industrial manufacturers and shipping hydrogen to individual stations via tanker trucks. For more information about the company, please visit www.PowerTapCapital.com.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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