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neah power systems inc (NPWZ) Snapshot

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03/11/14 - $0.07
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neah power systems inc (NPWZ) Details

Neah Power Systems, Inc. develops and sells renewable energy solutions using proprietary fuel cell technology for the military, transportation vehicle, and portable electronics applications. The company develops fuel cells, including PowerChip and BuzzBar products. It is also involved in developing Formira, a hydrogen gas generating reformer technology. The company provides various power solutions that include devices, such as notebook PCs and military radios, as well as other computer, entertainment, and communications products. Neah Power Systems, Inc. is headquartered in Bothell, Washington.

10 Employees
Last Reported Date: 12/23/14

neah power systems inc (NPWZ) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $225.0K
Acting Chief Financial Officer, Principal Acc...
Total Annual Compensation: $158.9K
Compensation as of Fiscal Year 2014.

neah power systems inc (NPWZ) Key Developments

Neah Power Systems, Inc. Completes Testing of PowerChip Units at Defense Research and Development Organization

Neah Power Systems, Inc. announced that it had successfully completed testing of the PowerChip units at a Defense Research and Development Organization (DRDO), Government of India facility and it had received payment of approximately $165,000 for these initial test units. This successful completion of testing is a critical milestone in completing the licensing agreement with the DRDO.

Neah Power Systems, Inc. Auditor Raises 'Going Concern' Doubt

Neah Power Systems, Inc. filed its 10-K on Dec 23, 2014 for the period ending Sep 30, 2014. In this report its auditor, Peterson Sullivan PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Neah Power Partners with Silent Falcon to Integrate Fuel Cells into Unmanned Aerial Vehicles

Neah Power Systems, Inc. will be partnering with Silent Falcon(TM) UAS Technologies to integrate the formic acid reformer (Formira(TM)) based fuel cell technology into the Silent Falcon UAV. The fuel cell could significantly increase the mission endurance by between two times to three times the current duration, as well as enable heavier payloads. Formic acid is a safe, energy dense fuel, allowing easy handling, distribution, and refueling in remote locations worldwide, unlike compressed hydrogen. The patent pending Silent Falcon is a solar/electric, all composite, modular small Unmanned Aircraft System (sUAS) designed for commercial, public safety, and military applications. With Silent Falcon's solar electric propulsion system, rugged composite structure, and three interchangeable wing configurations, it is the first sUAS capable of meeting long range and long endurance mission profiles.


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Price/Sales 4,213.9x
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TEV/Sales 3,721.5x

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