Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

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

New research project supports internationalisation in nano-research: Launch of new “Baltic Sea Network” November 22nd, 2014

3rd Iran-Proposed Nano Standard Approved by International Standard Organization November 22nd, 2014

NMTI announces breakthrough solutions for HAMR nanoantenna for next-generation ultra-high density magnetic storage November 21st, 2014

Nano Sorbents Able to Remove Pollutions Caused by Oil Derivatives November 20th, 2014

Military

NRL Scientists Discover Novel Metamaterial Properties within Hexagonal Boron Nitride November 20th, 2014

Two sensors in one: Nanoparticles that enable both MRI and fluorescent imaging could monitor cancer, other diseases November 18th, 2014

Researchers create & control spin waves, lifting prospects for enhanced info processing November 17th, 2014

Penn engineers efficiently 'mix' light at the nanoscale November 17th, 2014

Aerospace/Space

Purdue 3-D printing innovation capable of making stronger, lighter metal works for auto, aerospace industries November 20th, 2014

Mathematical Model Predicts Vibrating Behavior of Conical Shell's Nanocomposite Objects November 15th, 2014

Mining entrepreneur Julian Malnic Joins Deep Space Industries’ Board: Deep Space Industries welcomes a prolific mining entrepreneur and accomplished company builder, Julian Malnic, to its Board of Directors November 14th, 2014

Drexel Engineers Improve Strength, Flexibility of Atom-Thick Films November 11th, 2014

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

OCSiAl Builds Worldwide Partnership Network November 12th, 2014

Drexel Engineers Improve Strength, Flexibility of Atom-Thick Films November 11th, 2014

A billion holes can make a battery November 10th, 2014

Super stable garnet ceramics may be ideal for high-energy lithium batteries October 21st, 2014

New-Contracts/Sales/Customers

Tesla NanoCoatings Increasing Use of SouthWest NanoTechnologies Carbon Nanotubes (CNTs) for its Infrastructure Coatings and Paints: High Quality SMW™ Specialty Multi-wall Carbon Nanotubes Incorporated into Teslan®-brand coatings used by Transportation, Oil and Gas Companies November 19th, 2014

Artificial retina could someday help restore vision November 12th, 2014

Lomiko Signs Licensing Agreement to Produce and Supply Power Converter Systems to E-Commerce Customers October 29th, 2014

Haydale Secures Exclusive Development and Supply Agreement with Tantec A/S: New reactors to be built and commissioned by Tantec A/S represent another step forward towards the commercialisation of graphene October 24th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE