A fuel cell is a device designed to produce electricity through a chemical reaction arising from the combination of a fuel with oxygen.
The company is hoping soon to manufacture a cell strong enough to power a laptop and even your house!
In 12 to 18 months, Medis plans to market a version of the fuel cell that will accept a replaceable fuel cartridge.
The company expects to announce a deal soon with a major retailer so the cell will be sold as an electronics accessory. For now, it's only being produced to be a part of an "emergency kit" to power your cell & flash light.
The full article in the NYT is available here.

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