Air Products Reveals License Deal For Hydrogen Fueling Protocol

Air Products APD revealed that it reached an agreement to provide a technology license enabling Air Liquide Advanced Technologies U.S. LLC to practice the patented Air Products technology incorporated in the Society of Automotive Engineers (SAE) J2601 hydrogen fueling protocol. According to the company, it makes such hydrogen fueling technology licenses available for use throughout the world under fair, reasonable, and non-discriminatory (FRAND) terms.

Air Products Global Business Director, Ed Kiczek, commented, "We are very proud of our accomplishments in the hydrogen fueling and infrastructure marketplace and believe this license is recognition of our capabilities. We will accommodate additional licenses for our technology as the hydrogen fueling network in the United States and around the world continues to expand."

The company said that it was in line with its commitment to the SAE, it would offer licenses to anyone seeking to use the patented technology as part of a fueling station project employing the J2601 protocol.

Air Product said it uses its patented hydrogen fueling technology in line with the J2601 protocol at its own SmartFuel stations, and also those built for other customers. SmartFuel stations worldwide provided hydrogen fueling at 700 bar (10,000 psi). The company has available several SmartFuel stations incorporating modular and expandable technology and a global patent portfolio, with additional patents pending, related to the advancements to be deployed under this protocol.

The stock traded 0.95 percent down on Thursday.