AlumiFuel Power Corp. (AFPW.OB) Subsidiary Signs Partnership Agreement with Ingenium Technologies
AlumiFuel Power Inc. (API), subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW), is an early production stage hydrogen generation company. The company announced today that it has signed a comprehensive partnership agreement with Ingenium Technologies Inc., a turnkey systems integrator with special engineering expertise in advanced power and energy systems. The scope of the exclusive partnership agreement encompasses power generation and energy storage for unmanned undersea vehicles (UUVs) and submersibles, as well as man-portable and auxiliary power unit applications. In these applications, AlumiFuel Power's technology provides the power to drive turbines, fuel cells and/or thermoelectric converters in power plants designed, engineered,…