Fuel-Cell Firm Lilliputian Raises Cash, Keeps Mum About Commercial Launch Date
Wilmington, Mass.-based fuel-cell company Lilliputian Systems, which announced it raised $28 million this week, wants to set the record straight.
In October, The Wall Street Journal wrote that the company would be shipping its matchbook-sized fuel cells late this year. But now, the company — which is developing the cells for a range of consumer electronics, including cell phones and laptops — isn’t saying when its products will be commercially available, only that it plans to announce the timing this summer. Does that mean we can expect a delay?
Mouli Ramani, vice president for business development, tells me that’s not the case. When he spoke with the Journal, he was referring to a test-market launch with its partners, not a commercial launch that would make the fuel cells available to the general public, he says. In other words, don’t expect to be able to buy Lilliputian fuel cells at Best Buy this year.
