Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Electro Energy Inc. Selected by Lockheed Martin to Develop Advanced Technology Battery for High Altitude Airship Program

Abstract:
Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, today announced a new contract award from Lockheed Martin (NYSE: LMT) for technology development of Very High Specific Energy Battery Cells for use in the company's High Altitude Airship (HAA™) program.

Electro Energy Inc. Selected by Lockheed Martin to Develop Advanced Technology Battery for High Altitude Airship Program

DANBURY, CT | Posted on June 18th, 2007

Lockheed Martin's Defense and Surveillance Systems business, based in Akron, OH, contracted Electro Energy to develop an advanced, light-weight, rechargeable lithium ion battery to help power the HAA™, an unmanned, lighter-than-air vehicle that will operate in a geostationary position to provide an array of communication and navigation services for both civilian and military purposes. Lockheed Martin is the prime contractor for the HAA™.

The contract, for which Electro Energy is collaborating with Rutgers University's Energy Storage Research Group (ESRG), will incorporate advanced materials into EEEI's proprietary bipolar wafer cell technology with the objective to achieve improved battery "specific energy" -- or energy per unit mass. The goal is to achieve significantly higher specific energy than current state-of-the-art batteries in support of this next-generation airship.

"Lockheed Martin is continually assessing potential energy storage technologies," said Stavros Androulakakis, Lockheed Martin's HAA™ program and technical manager. "Very high specific energy rechargeable storage technology is a key to enabling stratospheric airships like HAA™ to stay aloft for many months at a time. Electro Energy's advanced rechargeable lithium-ion battery is an example of what is possible with recent developments in the practical application of nanotechnology."

The EEEI proprietary bipolar wafer cell lithium ion design provides high energy capability with reduced volume and weight. The benefit of the bipolar wafer cell design compared with conventional batteries is lower cost, increased energy density, longer life and improved reliability. In addition, the unique bipolar wafer cell design allows the battery to be configured in multiple geometries to fit into small areas and conform to other specialized design requirements.

####

About Electro Energy Inc.
Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high-power lithium rechargeable batteries utilizing the Company's proprietary bi-polar design. EEEI has recently acquired significant manufacturing assets near Gainesville, Fla. to accelerate commercialization of its battery technology. For further information, please visit http://www.electroenergyinc.com/ .

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Electro Energy Inc.'s Securities and Exchange Commission filings available at http://www.sec.gov.

For more information, please click here

Contacts:
Michael Wachs
CEOcast, Inc. for Electro Energy
212-712-4300
or
Michael Reed
203-797-2699

Copyright © Market Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Announcements

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

Ageing can drive progress: Population ageing is likely to boost medicine, nanotechnology and robotics, but increase political risks July 27th, 2016

WSU researchers 'watch' crystal structure change in real time: Breakthrough made possible by new Argonne facility July 27th, 2016

Enhancing molecular imaging with light: New technology platform increases spectroscopic resolution by 4 fold July 27th, 2016

Military

Ultrasensitive sensor using N-doped graphene July 26th, 2016

Ultra-flat circuits will have unique properties: Rice University lab studies 2-D hybrids to see how they differ from common electronics July 25th, 2016

Borrowing from pastry chefs, engineers create nanolayered composites: Method to stack hundreds of nanoscale layers could open new vistas in materials science July 25th, 2016

Integration of novel materials with silicon chips makes new 'smart' devices possible July 25th, 2016

Aerospace/Space

Scientists move 1 step closer to creating an invisibility cloak July 15th, 2016

Bouncing droplets remove contaminants like pogo jumpers: Researchers at Duke University and the University of British Columbia are exploring whether surfaces can shed dirt without being subjected to fragile coatings July 7th, 2016

Russian physicists create a high-precision 'quantum ruler': Physicists have devised a method for creating a special quantum entangled state June 25th, 2016

Novel capping strategy improves stability of perovskite nanocrystals: Study addresses instability issues with organometal-halide perovskites, a promising class of materials for solar cells, LEDs, and other applications June 13th, 2016

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

New nontoxic process promises larger ultrathin sheets of 2-D nanomaterials July 27th, 2016

New lithium-oxygen battery greatly improves energy efficiency, longevity: New chemistry could overcome key drawbacks of lithium-air batteries July 26th, 2016

An accelerated pipeline to open materials research: ORNL workflow system unites imaging, algorithms, and HPC to advance materials discovery and design July 24th, 2016

Synthesized microporous 3-D graphene-like carbons: IBS research team create carbon synthesis using zeolites as a template July 1st, 2016

New-Contracts/Sales/Customers

Oxford Instruments and Dresden High Magnetic Field Laboratory collaborate to develop HTS magnet technology components for high field superconducting magnet systems June 29th, 2016

Nanometrics Selected for Third-Generation 3D-NAND Process Control: Atlas® Systems Extend Advanced Device Manufacturing Capability June 14th, 2016

Industrial Nanotech, Inc. Signs Agreement With and Receives First Purchase Order from Major New Customer in China June 6th, 2016

Deep Space Industries and SFL selected to provide satellites for HawkEye 360’s Pathfinder mission: The privately-funded space-based global wireless signal monitoring system will be developed by Deep Space Industries and UTIAS Space Flight Laboratory May 26th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic