Superprotonic raises $16,200,000

Superprotonic, Inc., a developer of Solid Acid Fuel Cells, the first new fuel cell technology in 40 years, has announced the closing of the first tranche of its $16.2M second institutional financing round. Superprotonic is pioneering the use of solid acids as fuel cell electrolytes. Solid acids are solid-state materials exhibiting liquid level conductivities at intermediate temperatures (150° C to 300° C). Solid Acid Fuel Cells (SAFC) constitute a fundamental and radically different solution that overcomes the barriers to mass adoption of fuel cells.