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

University of Akron researchers find thin layers of water can become ice-like at room temperature: Results could lead to an assortment of anti-friction solutions August 30th, 2016

Nanocatalysis for organic chemistry: This research article by Dr. Qien Xu et al. is published in Current Organic Chemistry, Volume 20, Issue 19, 2016 August 30th, 2016

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Meteorite impact on a nano scale August 29th, 2016

Military

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Nanoparticles that speed blood clotting may someday save lives August 23rd, 2016

Curbing the life-long effects of traumatic brain injury August 19th, 2016

Lab team spins ginger into nanoparticles to heal inflammatory bowel disease August 19th, 2016

Aerospace/Space

Meteorite impact on a nano scale August 29th, 2016

University of Puerto Rico and NASA back in the news – XEI reports August 23rd, 2016

To Infinity and Beyond with Nanosatellites August 10th, 2016

Carbon nanotube 'stitches' make stronger, lighter composites: Method to reinforce these materials could help make airplane frames lighter, more damage-resistant August 4th, 2016

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

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Stretchy supercapacitors power wearable electronics August 25th, 2016

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Lehigh engineer discovers a high-speed nano-avalanche: New findings published in the Journal of Electrochemical Society about the process involving transformations in glass that occur under intense electrical and thermal conditions could lead the way to more energy-efficient glas August 24th, 2016

New-Contracts/Sales/Customers

Thomas Swan and NGI announce unique partnership July 28th, 2016

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

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