ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the March 2008 issue


Israeli-Russian-German venture in hydrogen car breakthrough

C.En's 50-kg, 60-liter hydrogen fuel tank provides a range of 600 km. An Israeli-Russian-German venture, C.En, headed by Prof. Dan Eliezer, has recently completed a design and test program that aims at producing a safe and lightweight hydrogen tank for use in cars.

One of the biggest technological and economic challenges delaying the development of cars operated by hydrogen is the problem of safe and lightweight storage of hydrogen in the vehicle. C.En conducted more than 120 experiments over three years, which demonstrate that it is viable to store twice the amount of hydrogen than current solutions, providing a 600-km range with a 60-liter tank that weighs 50 kg, including the hydrogen.

C.En's hydrogen tank is undergoing another series of tests and experiments at the German Federal Institute for Materials Research and Testing (BAM), after which it will be presented to the US authorities and international carmakers. C.En has written five patents on the basis of the first set of tests.

C.En employs scientists from Israel, Germany, Russia, Japan, and South Korea. Moshe Stern leads the investors group, which includes Shlomo Nehama and Dr. Ya'acov Sheinin, as well as Korean, Japanese, and Russian investors. C.En has raised $10 million to date; the most recent financing round was held at a company value of $50 million.

Stern predicts that if the results the tests scheduled for the next six months at a European laboratory that specializes in hydrogen meet expectations, they will demonstrate that an alternative energy source exists for cars, thereby significantly reducing the world's reliance on Arab oil.



Reprinted from the Israel High-Tech & Investment Report March 2008

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