Aqua Power Systems Inc.Company Review & Valuation
About Aqua Power Systems Inc.
Aqua Power Systems Inc., through its subsidiaries, develops, manufactures, and commercializes magnesium air fuel cells for generating off-grid electricity. It offers batteries; lighting products, such as flashlights, lanterns, and specialty lighting products, as well as magnesium power bars for its … Show more lighting products; first generation portable power plant; handheld, small, medium, large, and X-large power supply equipment; and power supply equipment exchange power bars. The company provides its products using realistic magnesium air fuel system technology, which causes electricity to be generated from the chemical reaction of the combination of magnesium and oxygen, as well as a saltwater electrolyte. It also develops solar energy collection farms on commercial and/or industrial buildings located on distressed, blighted, and/or underutilized commercial land in North Carolina and other southern states of the United States. The company leases space on the roofs or warehouses, installs photovoltaic systems, and sells the energy to energy utility companies. It primarily serves emergency preparedness and disaster relief, outdoor recreation, industry, military, marine, and automotive markets. The company was formerly known as NC Solar, Inc. and changed its name to Aqua Power Systems Inc. in July 2014. Aqua Power Systems Inc. was founded in 2010 and is based in Tokyo, Japan. Show less