HydraLight International - Capital Raise

Categories Securities, Unissued Securities
Sale Type Asking Price
Price Guide AUD $5M Capital Raise
Status: Open

Summary:

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Hydra Light™ International Ltd. (“HLI”) has developed technology to harness the electrons liberated from a magnesium anode immersed in a saline solution into useable DC power. The Hydra Cell™ generates its own power when activated, as opposed to a traditional battery which stores and releases power.

The two versions of the fuel cell generate 4.5 watts (generally used in the lighting range of products) and 20 watts (generally used in the power range of products). Further variations of the fuel cell are in development.

HLI has developed a number of products for commercializing its technology. The continued innovation of the Hydra Cell™ and associated products is a key objective to maximize growth and value.


 

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