CMR Fuel Cells
www.cmrfuelcells.comSymbol: CMF.L
Currently trading at: 13p DOWN 1.50
CMR is a fuel cell development company. It has developed a new platform approach to the design and operation of fuel cell stacks which has the potential to offer substantial reductions in the size, weight and cost of fuel cell stacks.
While CMR's technology can be applied to various types of fuel cells, CMR has chosen to focus initially on the development of Direct Methanol Fuel Cell (DMFC) stacks for portable applications.
The Directors believe that the portable applications market sector is likely to be amongst the earliest where fuel cell applications may be adopted on a commercial scale. To exploit this opportunity, CMR says it has assembled a team with a combination of commercial, fuel cell technology and design expertise and experience. CMR is based in Cambridge.
In 2005 CMR has received a number of prestigious accolades for its technology including: winner 2005 Carbon Trust Overall Innovator of the year award; winner 2005 Carbon Trust Individual and Small Businesses award; selected by the World Economic Forum as a Technology Pioneer for 2006 and selected by Harvard Business School as one of 25 companies 'most likely to change our world by 2010'
In December 2005 the company raised £10.3 million in a private share placement and its entry onto the AIM market of the London Stock Exchange. Its market capitalisation at entry was £35.7 million.
Staff
 John Halfpenny, Chief Executive OfficerJohn Halfpenny, Chief Executive Officer of CMR Fuel Cells, is an experienced entrepreneur with a successful track record and significant experience in the consumer electronics sector. He founded and subsequently sold: Micrologic Solutions to ARM plc, Telephone Solutions Ltd, HII Ltd, and Enterprise Network Sciences Ltd. to various trade buyers. He was director of embedded software at ARM plc and CEO of Splashpower. He started his career with Texas Instruments in 1982. John has a Masters degree from Cambridge University in Engineering Science. |  Michael Priestnall, Chief Technology Officer, Co-founderMichael Priestnall, Chief Technology Officer, co-founder of CMR and previously head of Energy Consulting at the Generics Group. Michael is a senior figure in the fuel cell industry, co-founding the Grove Fuel Cell Symposium in the late 1980’s, representing the UK at the IEA on fuel cells, and heading up Cookson Group’s ceramic fuel cell materials development program in the 1990’s. Michael was a British Gas Research Fellow at Imperial College and has Masters & Bachelors degrees in Energy Engineering and Chemistry from Cranfield, Massachusetts and East Anglia Universities. |
 Michael Evans, Engineering Director and Co-founderMichael Evans, Engineering Director and co-founder of CMR, Michael is a serial innovator with more than 12 years experience in mass consumer product design and development and project management at Generics Group, Britax and PDD. He co-founded Design Equity Ltd. Michael has a B.Sc.(Hons) degree in Design for Manufacture at Loughborough University and MA in Industrial Design at DeMontford University. |  Prof. Gordon Edge, ChairmanProf. Gordon Edge, Chairman of the Board, is also Chairman of Generics Group and one of the leading business and technology figures in Britain. Gordon is a Chartered Engineer (CEng), a Member of the Institution of Electrical Engineers (MIEE), and a Fellow of the Royal Swedish Academy of Engineering Sciences (IVA). He is a member of the Advisory Board of Cambridge University, Department of Materials Science, The Cambridge University - MIT Institute and The Cambridge University Technology Transfer Group. |
Contact details
Harston
Cambridge CB2 5GG
United Kingdom
Tel: +44 1223 875 295
