Galenfehs is revolutionizing the market with its innovative
stored energy solutions. More specifically, the company’s lithium iron
phosphate (LiFePO4) batteries are taking the industry by storm.
“The market is quickly realizing the superior performance, increased
safety, and long term costs savings of our batteries versus lead acid and
traditional lithium chemistry,” James Ketner, founder and chairman of
Galenfeha, stated in a news release.
LiFePO4 batteries offer a number of key advantages over
lead-acid and traditional lithium batteries. In addition to containing no acid,
no poisonous lead and producing no dangerous emissions during charging,
Galenfeha’s LiFePO4 batteries also offer much lower self-discharge, do not
sulfate and are environmentally-friendly.
In recent months, Galenfeha has successfully leveraged the
marketability of its product line to achieve strong growth, particularly in the
oil and gas industry. The company is rapidly expanding its distribution network
through agreements with leading oil and gas retailers across the country.
Earlier this month, Galenfeha announced an exclusive distribution agreement
with Oil and Gas Equipment, Inc. that’s expected to provide a sustainable
foothold in the oil and gas markets of the southwestern states, and the company
is also making considerable progress toward expanding its market presence
outside of the oil and gas industry.
“We believe that by next year, we will be the number one
consumer of LiFePO4 chemistry in the U.S., as we continue to see increased
market penetration with current applications, and expand our product lines
outside the oil and gas industry,” continued Ketner.
One way in which Galenfeha is putting its technology to work
outside of the oil and gas industry is in the field of zero-emission
recreational vehicles. The company has already developed and tested a battery
system designed to address the $894 million golf cart industry. This system
provides up to 40 percent more usable voltage than traditional lead-acid
chemistries while offering a 70 percent weight reduction, and these benefits
are expected to play a key role in Galenfeha’s ongoing efforts to address other
stored energy needs – including both government and military applications.
“Galenfeha is rapidly becoming one of our largest
customers,” stated Patricia Delgado, president and chief executive officer of
Headway Headquarters. “Currently, there is only one company in the U.S. that
utilizes this [LiFePO4] chemistry in a larger capacity, and Galenfeha is
closing that gap.”
For prospective shareholders, this rapid growth could
translate into an opportunity to realize sustainable returns. Look for the
company to continue expanding its distribution network through strategic
partnerships while refining its innovative technology to address viable market
needs in the months to come.
Take a closer look at the company by visiting
www.galenfeha.com
About QualityStocks
QualityStocks
is committed to connecting subscribers with companies that have huge potential
to succeed in the short and long-term future. We offer several ways for
investors to find, evaluate, and learn more about investing in these companies.
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment