Jan. 18, 2005 — Nanosys Inc. today announced it entered into a collaborative agreement with Sharp Corp. of Osaka, Japan, to develop nanotechnology-enabled fuel cells incorporating Nanosys’ nanostructure technology.
Under the terms of the agreement, the two will collaborate to develop high performance fuel cells for use in portable consumer electronics such as laptop computers, cell phones and cameras. Financial details of the agreement were not disclosed.
Proponents of fuel cells for consumer electronics say the inherent higher energy density of small fuel cells in comparison to batteries has the potential to lead to longer operational time.
Nanosys is a Palo Alto, Calif.-based company that develops nanotechnology-based products using high performance inorganic nanostructures. Sharp Corp. is a worldwide developer of consumer electronics, information products, electronic components and other products.