Every Once in a While Something Really Great Comes Along. You either join it and make a great income or you pass it by and miss out.

Alumifuel is that Opportunity. Consider:

The World's Largest Helium Deposits are located in TX and they are depleting fast, and may run out within the next 10 years. NASA and the Department of Defense are the largest users of Helium gas. Hydrogen is replacing Helium in Balloons because it is more economical.

Recent Press Releases & 8K filings detail the recent sales x 3 of the companies flagship product the PBIS-1000 and the mass production of the necessary fuel cartridges.

The company has signed, Manufacturing, Production, Packaging and Sales agreements with three Industry leaders. Apex piping systems, ActionPak, Inc and Kaymont Consolidated Industries.

Alumifuels was recently featured in the Philadelphia Business Journal (See article below).

The company was featured on the Lehrer PBS NewsHour Nationwide Telecast.

This is Not a daytrader stock, rather it is more suited for long Term investors seeking a ground floor opportunity in a soon to be highly profitable technology.
Please do your own Due Diligence, It's your Money.

For Fun & Informative Chat Click Here- AFPW. IH message board

Alumifuels Awarded Navy Contract!.

AlumiFuel Power, Inc. Technology Selected for Navy R&D Contract Award as Power Source for Unmanned Undersea Vehicles

 May 12, 2010 (BUSINESS WIRE) -- Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (the "Company"), announced today that its hydrogen generation technology has been selected for award of a U.S. Navy R&D contract as a novel new hydrogen source for powering future Unmanned Undersea Vehicles (UUVs).
API is part of a team headed by Ingenium Technologies, Inc. ("Ingenium") that was selected for a Phase I award under the Small Business Technology Transfer (STTR) program. The proposal submitted by Ingenium, a Rockford, Illinois-based defense systems integrator, was in response to an STTR solicitation issued by the U.S. Department of the Navy. In this solicitation, the Navy is seeking a novel hydrogen source to power air independent fuel cells for future UUV missions, which is one of API's primary target applications. The Phase I research will focus on developing a refuelable hydrogen generating system using solid fuel cartridges (similar to those developed and used by API for other applications) and to demonstrate the continuous delivery of fuel-cell grade hydrogen for eight hours.
The solicitation described the Navy's requirement as follows: "Underwater vehicles will serve as key elements in the integrated operations of future surface ships and submarines, providing a range of support functions including autonomous surveillance, mine counter measures, and Special Forces transport. However, current power sources for these vehicles (rechargeable silver-zinc batteries or high-energy primary batteries) do not meet the energy requirements for future missions, or they impose a tremendous logistics burden on the host vessel. Fuel cells offer a viable option for meeting mission energy requirements, and at the same time, they can reduce the host vessel logistics burden if the fuel and oxidizer can be stored in a high energy density format."

As the prime contractor, Ingenium will develop the overall system design, with API's hydrogen generation technology as the key fuel source component of the proposed design. In addition to subcontracting power source tasks to API, Ingenium will use Drexel University as its research institution partner. Drexel was included in the proposal because of the relevant AlumiFuel powder research that API conducts at the Drexel Nanotechnology Institute, and the world-class microscopy equipment, facilities and technical personnel at the Institute will add significant contributions to the development effort.

Phase I awards typically are $70,000 for seven months, with a 3-month $30,000 option. The intended project and funding start date is July 1, 2010. Following the successful completion of Phase I R&D, the Ingenium-led STTR team will apply for Phase II funding, which normally entails an award of up to $750,000 and moves the project closer to commercialization. Awards of up to $5 million are typical for Phase III funding, which would result in integration of the technology into different host platforms for subsequent procurement by the Navy.
API has been involved with selected defense contractors in the design of novel energy generators to power U.S. Department of Defense (DoD) and commercial UUVs and submersibles for over two years (see API news releases of March 16, 2010 and March 2, 2010). This design work has involved the generation of superheated steam as well as hydrogen.

The API UUV hydrogen generator is based on the same powerful chemical reaction currently used in the PBIS-1000 hydrogen generator used to fill weather balloons (see API news release of April 6, 2010). In this UUV application, however, the hydrogen would be used to power a fuel cell. API's hydrogen generator has already demonstrated the start and stop capabilities of the system, similar to the steam generator.

API's President & CEO, Mr. David Cade, stated, "We are very excited to participate in the development of a UUV power system for the Navy that uses our hydrogen generation technology, which we see as the first step towards development and commercialization of our multiple power source approach for UUVs. This award has given us a wonderful opportunity to take the first step in fielding a novel power source that will offer substantial benefits compared to existing technologies. We are confident that through the combined efforts of the Ingenium team, we will be able to successfully develop and deliver such a power source, which would enhance the Navy's war fighting capabilities."

About Ingenium Technologies, Inc.
Ingenium (www.ingeniumtech.com), located in Rockford, Illinois, provides world-class, cost-effective product development services and operations consulting services to a diverse client base. Ingenium's engineering staff of over 150 full-time seasoned professionals comes from a vast array of technical disciplines, with broad experience. Ingenium provides turnkey solutions for complex systems, from concept development to design, analysis, prototyping, and certification for both DoD and commercial customers. Ingenium's clients range in size from small businesses to Fortune 500 companies. Ingenium's customers' needs vary from firms that cannot maintain full-time senior engineering resources to businesses that are experiencing peak periods of activity and need to supplement their technical staffs.

Informative Video with Alumifuels CEO.

Here is an article published in the Philadelphia Business Journal Dated: 04-16-2010. Pay particular attention to this quote from the CEO → "Cade said AlumiFuel Power Corp. has formed another subsidiary, AlumiFuel Power International, which will enable it to be traded on the German Bourse and raise money from European investors"
“The Europeans have a more aggressive outlook toward alternative energy,” he said. This could trigger the phenomenon known Arbitrage. Basically if two or more security's are sold on different exchanges and one rises the other will also rise to create equilibrium between the two.

More Information on Arbitrage and why it can make an Investor a lot of money  →
http://en.wikipedia.org/wiki/Arbitrage

Complete article below.

AlumiFuel delivers first of its hydrogen-making reactors

A company that has developed a proprietary method for making hydrogen from aluminum and water has delivered the first production models of a machine that generates the gas for use in weather balloons.

AlumiFuel Power Inc. recently delivered three of its PBIS-1000 Portable Balloon Inflation Systems to Kaymont Consolidated Industries Inc., a Huntington Station, N.Y., weather-balloon supplier.
AlumiFuel, which is in the University City Science Center, expects Kaymont to buy more this quarter.
AlumiFuel is developing other applications for its technology, which produces super-heated steam as well as hydrogen. Those include flameless heaters for prepackaged meals, such as the ones troops eat, and propulsion systems for the Navy’s unmanned underwater vessels, or UUVs.

The technology won’t be able to produce hydrogen in large enough quantities for hydrogen-powered cars, should those become available, CEO David Cade said.
Methods for producing hydrogen from aluminum and water have been around for years, but AlumiFuel has developed proprietary additives that enable it to control the reaction, Cade said.
That, he said, enables it to develop applications tailored to specific tasks, such as generating lift gas for balloons that often are launched from remote areas.
“Nobody else in the world has developed a product like you will see here,” he said of the PBIS-1000.
Cade has a long history in the alternative-energy field. In the late 1990s and early 2000s, he was president and then CEO of Lithium Technology Corp., a Plymouth Meeting-based maker of lithium fuel cells. After that, he was president of the Americas for ABSL Power Solutions Ltd., an English maker of lithium-ion power systems.
AlumiFuel Power Inc. is a subsidiary of a publicly traded company based in Centennial, Colo., that it joined in a reverse merger last year. The publicly traded company used to be called Inhibiton Therapeutics Inc. but changed its name to AlumiFuel Power Corp. after the reverse merger.
Cade said AlumiFuel Power Corp. has formed another subsidiary, AlumiFuel Power International, which will enable it to be traded on the German Bourse and raise money from European investors.
“The Europeans have a more aggressive outlook toward alternative energy,” he said.
AlumiFuel’s growth plans also involve partnerships. Kaymont is its partner for lift-gas applications of its technology and Cade said it’s working with several defense contractors on applications for UUV propulsion systems.
AlumiFuel has two manufacturing partners for its portable balloon inflation systems: Apex Piping Systems Inc. of Newark, Del., which makes the machines; and ActionPak Inc. of Bristol, maker of the cartridges of powdered aluminum and AlumiFuel additives that, when mixed with water, enable the machines to produce hydrogen.
Additionally, AlumiFuel has Drexel University as a research partner. The company is a member of Drexel’s Materials and Nanotechnology Consortium and uses Drexel’s electron microscopes to analyze its material both before and after it reacts with water. It also is using a technology that Drexel is developing called in-situ microscopy that enables it to see its material through an electron microscope as it reacts with water.
“No one has done this for any sort of reaction,” said Sean McIntosh, AlumiFuel’s director of engineering.

The first market AlumiFuel is going after, lift gas, used to be dominated by helium, but a helium shortage has put hydrogen back on the map in the market, which AlumiFuel estimates at $70 million annually and growing.
AlumiFuel’s machine is transportable to remote locations. Users only have to supply it with cartridges, which look like 32-ounce cans, and any type of water available. Other hydrogen systems require users to transport large canisters of the gas to and from their launch sites.
The next application AlumiFuel is closest to having ready is its heaters. It has presented its product concept and test results to the Defense Department, and is working to become qualified as a subcontractor to the three companies that supply prepackaged meals to troops.

Read more: AlumiFuel delivers first of its hydrogen-making reactors - Philadelphia Business Journal:

AlumiFuel Power, Inc. Announces Further Unmanned Underwater Vehicle Fuel Technology Advancements.

Early production stage hydrogen generation company AlumiFuel Power, Inc. (“API”), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW). Announced today that it has begun design work on a hydrogen generator to power a fuel cell for Navy Unmanned Underwater Vehicle (UUV) and submersibles applications. This design work is being done in parallel to the prototype superheated steam generator for naval underwater applications which API is already working on in conjunction with selected defense contractors (see API news release of March 2, 2010).
The hydrogen generator is based on the same powerful chemical reaction currently used in the PBIS-1000 hydrogen generator (see API news release of February 9, 2010). In this application, however, the hydrogen is used to power a fuel cell instead of filling a weather balloon. The prototype steam generator will be sized very similar to the superheated steam generator, and will be used to power a 100W fuel cell for several days. It will also demonstrate the start and stop capabilities of the system, similar to the steam generator. The calculated system energy density of a hydrogen powered fuel cell system has the potential to be equivalent to or even greater than that of superheated steam-driven turbines. This improved energy density is a result of much higher efficiency fuel cells, some achieving efficiencies in excess of 50%.

API’s plan is to ultimately integrate these two generators as a hybrid power source on board an underwater platform to further advance AlumiFuel’s already high energy density – five times that of lithium batteries, which equates to significant increases in range and operating time for critical Navy missions. Each type of generator would be activated at different times, depending on the mission requirements and profile.

API’s Director of Engineering, Mr. Sean McIntosh, said, “The development of a hydrogen generator to run a fuel cell for UUV applications fits very nicely with our work on the superheated steam generators for underwater propulsion. In one case the power source comes from superheated steam and generates hydrogen as a byproduct, and in the other case, it is the exact opposite. The outcome is two very similar looking reactors, which actually doubles the return on our engineering development effort. And it should not be forgotten that both the hydrogen and the superheated steam represent a clean, safe fuel source.”

AlumiFuel Power, Inc. Highlights Size of Addressable Markets

Early production stage hydrogen generation company AlumiFuel Power, Inc. (“API”), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW)  provided additional information today on the size of the target markets for its on-site, on-demand hydrogen and superheated steam generation technology and products.
The global hydrogen market is about $2.5 billion and growing at a rate of 16% per year. The U.S. share is $1.6 billion, while Europe is at $740 million. This market includes hydrogen generation, storage, distribution and dispensing devices. However, it is important to note that these numbers do not reflect market applications presently using older technologies which could be replaced by hydrogen-based systems and products. Included in this category are the following markets which are being aggressively pursued by API:

• $8 billion market for back-up and auxiliary power consisting of fossil-fuel generators and batteries -- which are ripe for being supplanted by portable and stationary fuel cells powered by hydrogen.
• $150 million market for weather balloons, about $75 million of which is spent on the actual lift gas, now transitioning from scarce helium to abundant and lighter hydrogen.
• $75 million market for Flameless Ration Heaters (FRHs) for military and commercial Meals-Ready-to-Eat (MRE) applications which today use magnesium-based powders that are inferior to aluminum-based powders in terms of performance and cost. Moreover, this number does not include a large emerging European military market for FRHs.

In a similar category, there is a large ($3 billion) and rapidly growing maritime market for Unmanned Underwater Vehicles (UUVs) and submersibles, which presently are being served by battery technologies and products. The use of API’s superheated steam to drive turbines for underwater propulsion increases the operating time and distance over batteries by a factor of 4-5, very significant in terms of mission-critical performance. API is collaborating with several major defense industry players in developing and fielding this technology for naval and commercial customers.
API’s other target hydrogen markets include the following:

• $50 million market for K-Cylinder replacement. This entails lining up industrial gas distributors who will have customers that would prefer API’s PBIS-1000 portable hydrogen generator (see API news release of February 9, 2010) to bulky and pressurized K-Cylinders for field applications, particularly in remote and inaccessible locations. 

• $200 million market for international licensing. This entails licensing API’s intellectual property (patents and proprietary know-how) to partners in Europe and Asia for applications in those geographic regions.
• $125 million market in special defense applications. API is working with several companies in addressing new mission-critical applications which are made possible by the use of API’s unique technology as a breakthrough.

API’s President and Chief Executive Officer, Mr. David Cade, said, “We are very fortunate to have so many possible market applications for our technology and products, and the industry partners to help us penetrate these markets. However, we can’t do everything at once, so it is important for us to stay focused on those applications which have the highest likelihood of success and can have the biggest impact on shareholder value -- and we intend to continue doing just that.”

AlumiFuel Power, Inc. Announces Update of Its Unmanned Underwater Vehicle Initiatives

Early production stage hydrogen generation company AlumiFuel Power, Inc. (“API”), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW ), announced today that it has made major advances in applying its technology to U.S. Navy Unmanned Underwater Vehicle (UUV) applications, and in positioning API for specific UUV program opportunities.

API has begun advanced design work on a prototype steam generator for Navy UUV applications (see API news release of January 4, 2010). The steam generator is based on the same powerful chemical reaction currently used in the PBIS-1000 portable hydrogen generator (see API news release of February 9, 2010). In this application, however, the exothermic reaction between water and aluminum is used to superheat steam to drive a turbine providing underwater propulsion. The prototype steam generator/turbine system will be sized to generate a constant 100W for several days, and start and stop capabilities will be built into the system. The calculated system energy density of the steam generator/turbine, after taking into account the efficiency of each component, is 5-10 times greater than the lithium-ion batteries currently being used for Navy UUV and submersibles applications.
API is also exploring the use of the superheated steam/hydrogen to run thermoelectric converters/generators, and the use of the generated hydrogen to power a fuel cell during operational periods where the vehicle would have access to air.
Based on recent visits and demonstrations, API believes there is a growing recognition on the part of the Navy and several major defense prime contractors that API’s technology may be a viable replacement for (or adjunct to) batteries to power underwater vehicles. As a result, API and potential partners are exploring an increasing number of specific R&D program opportunities for 2010 and 2011 that would fund further development of this advanced fuel source technology, which would ultimately lead to procurement involving multiple Navy platforms.
API’s director of engineering, Sean McIntosh, said, “This technology is more than an incremental increase in energy density – it is a giant leap forward. With this technology, UUVs will have an enormous increase in operational range, allowing them to complete missions that are currently impossible with today’s battery solutions.”