Salim Rahemtulla
President & CEO

Salim Rahemtulla has over 30 years of private and public sector experience in real estate development, asset management, banking/lending, operations and facilities management.

A former US naval officer, he has managed and lead cross-functional teams in the execution of $2B in public and private sector residential construction projects primarily across Southern California, worked as a construction lender and in loan portfolio management at two major financial institutions, consulted on real estate/affordable housing projects in Los Angeles, and has served as the mission protection/land-use compatibility program manager at a major naval installation with a large-scale military airfield and a deep-draft port.

Over the past decade, Salim has been involved in several real estate and renewable energy start-up companies, most significantly, Foton Technologies, a renewable energy company that has developed a proven clean, green gasification technology to produce electricity using opportunistic biomass feedstock and municipal solid waste and a real estate fund under the auspices of a Southern California-based investment bank.

Also, during this time, he supported the Navy and Marine Corps warfighter as a director of asset/facilities management overseeing the planning and development of mission-critical projects at a US naval installation, some of which were in support of RDT&E and mission-focused warfare center facilities projects.

Salim has an undergraduate degree from the University of Southern California (USC) in Economics with an emphasis in Social Sciences and Communication and an MBA from USC’s Marshall School of Business.

Raghu Kilambi
CFO (CEO of parent company PowerTap Hydrogen Capital Corp.)

Raghu Kilambi is an experienced investor and entrepreneur with over 25 years of global business experience in public and private investments, building businesses and creating shareholder value.

He has raised over $1 billion of equity and debt capital for private and public companies and been involved in many M&A acquisitions and exits. Raghu’s experience includes operational management, financial reporting, corporate governance corporate finance, public offerings, strategic acquisitions and investments, international business development, merchant banking and corporate restructuring in sectors including technology, telecom and mobile.

Most recently, Raghu was Vice Chairman & CFO of California-based ConversionPoint (e-Commerce software/services) which was sold in 2 M&A exits in late 2019 and early 2020 after filing a Nasdaq IPO prospectus for an Oppenheimer-led IPO in 2019.

In addition, Raghu was previously the Co-Founder, CFO and Chief Strategy Officer of a leading VC-backed first generation application hosting company that grew from startup to $140 million in annual revenues and a peak Nasdaq market capitalization of over US $2 billion.

Raghu has also been an investor in companies that were acquired by Yahoo, eBay and CGI. He graduated with Great Distinction with a Bachelor of Commerce and a Graduate Diploma in Public Accounting from McGill University, and qualified as a Canadian Chartered Accountant (inactive)

Bill O'Banion
Corporate / Business Development

O’Banion is currently the acting director of business development at PowerTap subsidiary PowerTap Hydrogen Fueling Corp, and is the founder and managing director of Indranet Partners and director of strategic development at Fidelity Capital Partners.

O'Banion brings 27 years of business and strategy development in advanced automation to Powertap, having led strategic client, product and associated supply chain development of several companies involved in capital equipment within some of the most advanced global technology markets.

O'Banion has a stellar track record of developing deep relationships with global leaders in the markets he has engaged with, generating nearly US$2 billion in revenue over the course of his career.

Pinakin Patel
Acting CTO

Mr. Patel is a world renowned hydrogen and fuel cell expert with more than 40 years of directly applicable experience. In addition to his experience, he has an extensive industry network, has contributed to more than 30 patents, and has received awards from prestigious organizations for his many contributions in the hydrogen industry spanning the US Department of Energy, the American Society of Mechanical Engineers, the National Hydrogen Association, the State of Connecticut, the Electrochemical Society, and others. Mr. Patel was also recently elected as a board of director on the California Hydrogen Business Council (CHBC), a national level organization consisting of over 140 companies engaged in every aspect of the hydrogen supply chain worldwide as well as advocating for the commercialization of low-carbon and green hydrogen technologies.

Mr. Patel has an extensive resume having raised more than $500 million in R&D funding for advanced technology, manufacturing and application development projects in USA, Canada, Japan, Europe and Asia. His experience is in-depth spanning every type of fuel cell and renewable power using a variety of sources including waste-derived biogas, solar, wind and others. Mr. Patel has also supported dozens of venture stage companies in the alternative energy space by arranging supply chain coordination, strategic alliances and funding. As the company continues to progress technology development and commercialization, Mr. Patel’s first initiative will be to fill out the remainder of the advisory board with experts to ensure a successful product launch and market penetration.