Applied Nanotech Gets Grant to Develop CNT Reinforced Improved Hydrogen Fuel Tanks for Vehicles
Applied Nanotech Holdings, Inc., has announced that it has been awarded a Phase I SBIR grant, in the amount of $149,426, from the US Department of Energy to develop ultra lightweight hydrogen fuel tanks using carbon nanotube reinforcement. This grant was awarded for a 9-month program with an overall objective to significantly improve the mechanical properties of the carbon fiber/epoxy material used to construct the hydrogen fuel tanks using carbon nanotube reinforcement. The primary goal is to reduce the weight of the tanks by 20 to 30 percent. A weight reduction of this magnitude will not only significantly lower the hydrogen fuel tank costs but also increase the vehicle's fuel efficiency. The International Association of Natural Gas Vehicles reported that sales of composite pressure vessels are expected to reach $250 million by 2013, and upwards of $560 million by the end of the decade; the adoption of nanotechnology enhanced resins in high pressure hydrogen storage