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Hyteon’s strategic
initiative is to enter into relationships with world class
companies who share our goal for the near term commercialization
of our fuel cell systems. To achieve our goal, we seek business
relationships with companies that can share in our success.
As we continue our progress
towards development and commercialization of our products,
we envision expanding our business relationships.
Hyteon has formed a relationship
with a large Japanese utility. Under a joint development
agreement with the utility, we are developing a combined
heat and power fuel system for the Japanese residential
market.
Hyteon has also entered
into a strategic relationship with one of the largest trading
companies in Japan. We have executed a product distribution
agreement to distribute Hyteon's products in Japan. In addition
to product distribution, our strategic partner intends on
introducing Hyteon to major Japanese industrial companies
and will also act as the interface between Hyteon and Japanese
governmental bodies on all regulatory matters as the two
companies move toward initial commercialization of our product
in Japan.
Hyteon is working
with the Canadian and Quebec governments who are supporting
our development efforts and initiatives to commercialize
a combined heat and power fuel cell system.
If you believe that your
goals and activities will benefit through a business relationship
with Hyteon then please contact us at relationships@hyteon.com
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