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Last $0.0031 USD
Change Today -0.0009 / -22.50%
Volume 522.7K
DROP On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

5510 Merrick Road

Massapequa, NY 11758

United States

Phone: 516-659-7558

Fax:

Fuse Science, Inc. focuses on the development and commercialization of proprietary delivery technology for delivering energy, nutrition, and medications to humans in the United States. The company develops and commercializes SkyPorts drone support technology and XTRAX remote monitoring system. SkyPorts Drone Support Technology The company’s primary focus is developing technology and commercializing its proprietary SkyPorts drone support technology and Energy Demand Network (EDEN). This technology enables the long distance flight required for drone-based commerce without the need for drones to return home every 15 minutes to recharge. The technology allows a drone operator to travel many miles outside of its home range allowing for a flight path of various miles limited only by the company’s EDEN network of SkyPorts. The company has designed and is developing the modular SkyPorts allowing for the recharging of electrical powered drones for long distant flight and commercial applications. The SkyPorts would be installed on commercial rooftops or be land-based, where applicable, to allow commercial establishments to distribute their wares or delivery services to offer overnight delivery. Intellectual Property: The company, through Spiral Energy Tech, Inc., has a patent pending related to technology utilized by the SkyPort units and support network (EDEN) program that allows for the function of door-to-door delivery and limitless flight time without returning to home base for recharging. The patent application was filed by Ezra Green and subsequently assigned to Spiral. Competition: The company’s competitors in the drone support space include Germany-based SkySense, Inc.’s Skysense Charging Pad. XTRAX Remote Monitoring System XTRAX is designed to measure the production of solar and other renewable energy systems and for transmission of the data via the cellular and radio frequency network and potentially via microwave transmission network or satellite separately, or in conjunction with solar system installations. The company owns the patents and trademarks relating to the XTRAX remote monitoring system from Carbon 612 Corporation. Products and Services: XTRAX is the company’s patented system for remote real-time monitoring of the energy production of solar and other renewable energy systems and for providing fault notification. The system consists of a central database server and remote energy meters. The server routinely accesses the remote meters to recover the energy reading of solar, wind, geo-thermal, tidal, and other types of non-fossil fuel energy systems. The meter installed at the alternative energy system site constantly monitors the system to provide energy metering and real-time system failure detection. XTRAX can also be used for third party verification of other production monitoring devices. The XTRAX system as a whole provides automated billing and reporting plus the ability for users to retrieve reports from a dedicated website. Intellectual Property: In 2013 the company acquired the U.S. patent for a Remote Access Energy Meter System and Method (No. 7,336,201 – issued on February 26, 2008, and expiring on January 3, 2026) from one of Carbon 612 Corporation’s creditors for the purposes of using the patented technology in the company’s own installations and operations. The company also acquired the governing trademark from Carbon 612 Corporation. The company owns the registered trademark XTRAX. History Fuse Science, Inc. was founded in 1985.

 

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