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The state on Wednesday, March 10, announced the Third Frontier had approved a total of $72.7 million in funding to provide capital to innovative startup companies and to advance medical technology. Nearly $48 million of that total went to institutions and companies in the Cleveland area.
The Dispatch, that fuel cell technologies have advanced to the point that carbon-free emissions vehicles of all sizes are truly right around the corner. He says Ohio is in a great position to play an outsized manufacturing role in this industry. Question: Are fuel cells a viable industry right now? Matter: Yes. Where mobile fuel cells have really taken off is in forklifts. Plug Power, for instance, is the industry leader right now, and they’re expanding in Ohio, which is big in distribution centers where these forklifts are used. Plug Power just raised something like $1 bi...