About Us

The Pajarito Powder team brings extensive experience from both fuel cell startups and the industry as a whole, from theoretical and practical applications in research, and finally from manufacturing and business development.  Pajarito Powder is poised for success, given its world-class Technical Advisory Board, experienced Board of Managers, a Chairman & CEO with a successful fuel cell exit and a CTO & President with extensive catalyst engineering experience.

All contribute to the effort to produce advanced Engineered Catalyst Supports (ECSs) for Fuel Cell Electric Vehicles (FCEVs), as well as Precious-Metal Free (PMF) catalysts for other fuel cell applications, at a fraction of the historical cost while optimizing performance. Pajarito Powder’s  patented VariPore™  process is readily-scaled for high-volume manufacturing – the condition ultimately necessary for cost-effective, widespread fuel cell adoption.

Board of Managers

Thomas J. Stephenson

Thomas J. Stephenson

Board Chairman
Prior to co-founding Pajarito Powder in the spring of 2012, Mr. Stephenson was a co-founder of the Verge Fund in 2003, and currently serves as Managing General Partner in addition to his responsibilities with Pajarito Powder. Mr. Stephenson has worked with a number of current and past Verge portfolio companies, including Altela and Wellkeeper, and was previously on the Board of Directors of LabStart, a joint-venture entity created to assist in commercialization of technologies from Los Alamos National Laboratory, one of the sources of technology for Pajarito Powder. He previously served as a director and the lead investor for Mesofuel, a start-up company commercializing novel hydrogen reforming technologies for the fuel cell industry.
Paul Short

Paul Short

Mr. Short was a co-founder of Pajarito Powder, along with Mr. Stephenson. Mr. Short holds a BS and an MS in Electrical Engineering from New Mexico State University, and held positions with both NMSU’s Physical Science Laboratory and Honeywell as a Principal Engineer. Later he founded InnovASIC, a design services company that developed integrated circuits for other companies. Mr. Short later evolved InnovASIC from a services firm to a semiconductor producer that designs, manufactures, and sells integrated circuits, earning over $5 million in revenue during a period of industry contraction. He was also the founder of Metaphor Computing and Chief Operating Officer of Altela, a water treatment equipment manufacturer. At Altela, he led the team that designed, manufactured, installed and tested the next generation product, generating $1.6M in revenue in one year.
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