Bloom Energy stock symbol - The Bloom Box energy fuel cell
An upcoming stock IPO has peaked the interest of many investors who have seen 60 Minutes' news report of the new technology called the Bloom Box. The Bloom energy fuel cell could be the technology of the future, as one company is hoping for. Many eager investors are now looking for the Bloom Energy stock symbol so they can get in on this hot new technology and clean energy play. The concept is to eventually replace power grids and give homes a clean, cheap energy source.Â
Formerly known as Ion America Corporation, the Bloom Energy Corp. officially incorporated in 2001. They're based out of Sunnyvale, California and create sold-oxide fuel cells capable of converting natural gas or other fuel into electricity. It's a clean energy system which also produces hydrogen in the process. A recent 60 Minutes news report called it a "power plant in a box", and they talked with one of the major minds behind the technology. The box can be held in one hand and is enough to power a European home. However most United States homes would require two boxes due to the amount of energy used. The box is made inexpensively as well as seen in the 60 Minutes report, with one of the included ingredients a baked version of beach sand, along with several other pieces of technology. Still, the technology has its skeptics despite the fact it has received backing from entrepreneurial investors and venture capitalists. The US government will likely thoroughly investigate the concept to see if it has merit and value.
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