ASEMBLON, Inc.

Location:Washington, US
Speaker:Barton F. Norton
Title:Director of Marketing and Sales
Primary Industry:Alternative energy; hydrogen storage
Executive Summary:Transportation fuels of the future must be available, affordable and have minimal impact on the environment; therefore, hydrogen is the only future candidate. While the production cost of hydrogen is low, it is expensive to store and transport hydrogen in cryogenic liquid or highly compressed gas. Transporting hydrogen in these forms requires expensive new infrastructure: tanks, pumps and delivery vehicles. Low-cost pipeline delivery is not possible. Asemblon has developed a recyclable, organic molecule that presents an elegant solution to these problems. It is liquid at standard temperatures and pressures, meaning it can be transported using current infrastructure: tankers, rail cars, pipelines and delivery trucks. Asemblon can deliver a kilogram of hydrogen (1 gallon of gasoline equivalent) to a fueling station at a price lower than today\'s gasoline pump prices. The current carrier molecule can meet DOE 2010 guidelines for volumetric and gravimetric efficiency and refueling time. Future candidate molecules that can meet the 2015 DOE guidelines have been identified. The molecular technology is available today for stationary applications, such as hydrogen liquid storage batteries for wind farms, making wind power dispatchable. Asemblon is a technology company seeking partners and licensees to develop and deploy its hydrogen storage solution.
Venture is:C-Round

HIGHLIGHTS

Merck
Corporate Symposium

Harvard OTD
Partner Sponsor

2008 Corporate Presentations

Air Products
Boeing
BP
Cabot
Honda
Kodak
Medtronic
Merck
  • BASF
  • Genzyme
  • Lockheed Martin
  • Sanyo

Event Sponsors

Univalor
AzTE
Jackson Walker

Collocated Events

June 1-5, 2008
Nanotech 2008
Clean Technology 2008
BioNano 2008

Press Sponsor

Business Wire

Commercialization Partner

BusinessWeek

Media Sponsors

(joint with Nanotech 2008) Nature
Science
Red Herring

Supporting Organizations

Boston University
Midwest Research University Network
piribo

 

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