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Hydrogen Future Industries expects new patents to bring down cost of production

Hydrogen Future Industries expects new patents to bring down cost of production

Hydrogen Future Industries PLC (AQSE:HFI)'s executive director David Ormerod speaks to Thomas Warner about how the acquisition of new patents will drive the development of its wind-based hydrogen production system.

HFI is currently testing a prototype wind-based hydrogen production system in Montana and says two of the patents are key to making them more efficient.

Ormerod believes that the new patents also offer the potential for early cash flow generation from licensing and potential wider commercial applications in the wind energy generation sector.

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