| | Business Summary | | FuelCell
Energy,
Inc.
is
a
developer
of
electrochemical
technologies
for
electric
power
generation
and
has
developed
a
proprietary
patented
fuel
cell
known
as
the
Direct
FuelCell.
A
fuel
cell
is
a
device
that
electrochemically
converts
the
chemical
energy
of
a
fossil
fuel
into
electricity
without
the
combustion
of
fuel.
The
fuel
cell
system
feeds
a
fuel,
such
as
natural
gas,
into
the
fuel
cell
where
the
fuel
and
air
undergo
an
electrochemical
reaction
to
produce
electricity.
The
Company
manufactures
carbonate
fuel
cells,
generally
on
a
contract
basis. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | FuelCell
Energy
is
a
developer
of
electrochemical
technologies
for
electric
power
generation
and
has
developed
a
proprietary
fuel
cell
which
has
advantages
in
terms
of
fuel
efficiency
and
cost
for
stationary
power
generation.
For
the
fiscal
year
ended
10/31/00,
revenues
rose
4%
to
$20.7
million.
Net
loss
totaled
$4.5
million,
up
from
$985
thousand.
Results
reflect
increased
revenues
from
field
trials,
offset
by
increased
costs
related
to
demonstration
projects. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Bernard Baker, Ph.D., 63
Chairman | -- | -- | Jerry Leitman, 57
Pres,
CEO, Director | $428K | -- | Christopher Bentley, 57
Exec.
VP, COO, Director | 277K | $186K | Hansraj Maru, Ph.D., 55
Exec.
VP, CTO, Director | 233K | -- | Joseph Mahler, 47
Sr.
VP, CFO, Treasurer, Sec. | 186K | -- | | Dollar
amounts are as of 31-Oct-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](/old?u=http%3A%2F%2Fchart.yahoo.com%2Fc%2Fbb%2Ff%2Ffcel.gif&y=1999)