Before the clean energy world knew about fuel cells, United Technologies knew about them. UTC pioneered the modern fuel cell for NASA beginning with the Apollo space program in the 1960s through the end of the shuttle program last year.
But UTC’s love affair with fuel cells could be about to end. In the last several weeks UTC’s CEO and CFO have made statements indicating that the sale of its storied fuel cell unit, UTC Power, is under consideration to raise capital for its purchase of Goodrich.
For more on this story, visit: Connecticut’s fuel cell industry braces for potential change | The Connecticut Mirror.