Arotech Corporation (ARTX) announced that its Electric Fuel Battery subsidiary has received from the US Army's Communications and Electronic Command (CECOM) a new contract to supply up to $24 million in zinc-air batteries and adaptors to the DoD over the next three years.
Ultralife Batteries Inc (ULBI) has been awarded a new production contract for its BA-5390/U battery valued at approximately $7.4 million, by the U.S. Defense Department. This contract is independent of the Next Gen II, Phase IV five-year battery contract for the BA-5390 and four other rectangular military batteries, which the company was awarded in December 2004. Deliveries under this $7.4 million contract are required to be completed by May 14.
ZAP (ZAPZ) is currently exhibiting its unique multi-function portable battery to the global marketplace at the CeBIT trade show in Hannover, Germany, March 10-16, 2005. ZAP's Portable Energy division has developed a flexible, multi-use battery for electronic products that deliver up to four times the power of typical batteries, to charge or power a variety of devices, including cell phones and laptops. ZAP is a worldwide technology leader in efficient transportation, offering gas-powered vehicles such as the Smartcar, as well as electric cars and personal transportation products.
ENER1 INC (ENEI) has established and equipped a pilot nanotechnology-based manufacturing facility to fabricate electrodes for high discharge rate, lithium-ion batteries. The company's battery subsidiary, EnerDel, Inc., in which Delphi Corporation holds a 19.5% interest, is in discussions with automotive OEMs regarding evaluation of samples for use in hybrid electric vehicles where the high discharge rate characteristic is viewed as key to performance and cost. EnerDel also plans to explore applications of this technology in other markets.
Electro Energy, Inc. Successfully Integrates Patented Bipolar Battery Technology and Lithium Ion Technology
Electro Energy Inc (EEEI) announced it has successfully integrated its patented bipolar battery design with lithium ion technology to achieve a multi-cell prototype battery with increased discharge efficiency, reduced weight and volume, more flexible design, and lower manufacturing costs. This achievement combines, for the first time, proven bipolar wafer cell design with gel polymer electrolyte-based lithium ion (Li-ion) technology. The bipolar Li-ion (BP Li-ion) cells have the same positive attributes as Electro Energy's bipolar nickel-metal hydride (BP Ni-MH) design, which typically provides up to 50% more power, 30% lower volume and 25% lower manufacturing costs than competing technologies....
Arotech Corporation (ARTX) announced today that its Battery and Power Systems Division has received a pilot order for its new 4th generation man portable Zinc Air battery packs from the US Air Force. Developed and manufactured by its Electric Fuel Battery Corporation subsidiary, Arotech's new battery pack is a 12 or 24 Volt battery with a total capacity of over 400Wh and Battery Energy Density of approximately 300Wh/kg. The new battery pack is optimized for use in vests, as man portable tactical radios are typically vest-worn in holsters. The pack is also designed for use in rucksacks. ...
Arotech Corporation (ARTX) announced that its Batteries and Power Systems Division has received a second development contract from a major US agency. Under the contract, Arotech's Electric Fuel Battery Corporation subsidiary will develop prototype zinc-air batteries for small unmanned aerial vehicles (UAVs) to achieve extended flight times. The funding is expected to cover development costs.
ZAP (ZAPZ) unveiled a hydrogen fuel cell powered pickup as well as a new lithium battery technology at the Consumer Electronics Show. ZAP is forming a new division of the Company to focus on advanced energy technologies alongside its efforts to market advanced transportation. ZAP's fuel cell technology partner, Anuvu Incorporated, converted the Nissan Frontier 4-door pick-up truck on display at CES. An innovative hybrid fuel cell system powers the vehicle on hydrogen and electricity.
ZAP (ZAPZ) is at the Consumer Electronics Show in Las Vegas to unveil its new battery system to one of the world's largest events for the electronics industry. A pioneer in electric cars, scooters, bicycles and other advanced transportation technologies, ZAP is establishing an energy division for the advanced energy technologies it has been developing for cars and packaging it for the electronics industry.
Electro Energy Inc (EEEI) announced it has received approval for listing on the NASDAQ SmallCap Market. The company's common stock is expected to begin trading on the NASDAQ SmallCap Market on December 31, 2004 under the symbol "EEEI."
Electro Energy Inc (EEEI) announced that the Fiscal Year 2005 budget for the U.S. Department of Energy, signed earlier this month by President George Bush, provides $2 million for the continued development of bipolar nickel- metal hydride batteries for energy storage applications. "The funding provided by the U.S. Congress in the 2005 DOE budget will allow us to continue the development of batteries for utility energy storage applications, including power regulation, and bulk energy storage..." stated Martin Klein, Electro Energy's CEO. "This source of funds is a significant complement to the funds we have raised in our recent...
ENER1 INC (ENEI) and Delphi Corp. (DPH), today entered into a non-binding letter of intent to create a joint venture to leverage their combined expertise in lithium batteries. Delphi and Ener1 will be negotiating definitive agreements and conducting due diligence in the coming weeks. "The combination of Ener1's vapor deposition process and its nanotechnology for production of high-rate, low-cost lithium batteries with Delphi-developed high energy capacity technology would allow the venture to have a key advantage in penetrating its target lithium battery markets," — Kevin Fitzgerald, Ener1's CEO. ENEI is up over 14% on this news...
Electro Energy and In-Q-Tel Announce Strategic Relationship and Development Agreement for Bipolar Lithium Battery...
Electro Energy Inc (EEEI) and In-Q-Tel, a private not-for-profit venture group funded by the Central Intelligence Agency, today announced the establishment of a strategic relationship, including a technology development agreement. In-Q-Tel's mission is to identify and invest in companies developing cutting-edge technologies that serve United States national security interests. This means that they like what they see with this next generation battery technology.
Arotech Corporation (ARTX) announced today that its Electric Vehicle unit has developed technology that will allow its zinc-air batteries to use commercially available zinc, eliminating the need for the special dendritic zinc used to date. Arotech's technological breakthrough for utilizing readily available zinc will boost commercialization plans for the zinc-air hybrid bus, which until now required heavy investments in zinc producing infrastructure.
Arotech Corporation (ARTX) announced today that the BA-8180 Zinc Air battery developed by Arotech's Battery and Power Systems Division - has been designated as one of the "Greatest Army Inventions" of the past year. The ten winning teams will be recognized June 23 by the U.S. Army Research, Development and Engineering Command. Arotech is primarily a defense contractor. However, they are a lead contractor for the Military looking at Alternative Energy resources.