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Friday, October 29, 2004
Metallic Power Shuts Doors
The San Diego Union Tribune is reporting that Carlsbad-based Metallic Power has shut its doors. Metallic Power was developing zinc fuel cell technology, and had raised over $40M in venture funding from Perseus, Cinergy Ventures, CDP Capital, and others. The company had produced a prototype of its technology, but had been unable to manufacture it economically.
posted on Friday, October 29, 2004
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