A deal between two companies could make the mass production of hydrogen-fueled vehicles more feasible. In a press release on their web site, Dynetek officials say they will make seven million Canadian dollars (nearly US $ 6 mil) worth of compressed hydrogen storage systems for Magna Steyr connected to DaimlerChrysler’s fuel cell program. Dynetek officials say the deal will ultimately lead to storage systems that allow the compressed hydrogen to be at a pressure of 700bar… and that allows for extended driving ranges… one of the knocks on hydrogen-powered cars:

“This contract is a significant step forward in direction of mass production and it underlines Dynetek’s technical leadership in storage of compressed hydrogen”, says Chris Rasche, President and CEO.

Dynetek will deliver the storage systems for testing later this year.