Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

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

UT Dallas engineers twist nanofibers to create structures tougher than bulletproof vests March 27th, 2015

Novel nanoparticle therapy promotes wound healing March 27th, 2015

Designer's toolkit for dynamic DNA nanomachines: Arm-waving nanorobot signals new flexibility in DNA origami March 27th, 2015

Using magnetic fields to understand high-temperature superconductivity: Los Alamos explores experimental path to potential 'next theory of superconductivity' March 27th, 2015

Military

UT Dallas engineers twist nanofibers to create structures tougher than bulletproof vests March 27th, 2015

Novel nanoparticle therapy promotes wound healing March 27th, 2015

Thousands of atoms entangled with a single photon: Result could make atomic clocks more accurate March 26th, 2015

Carbon nanotube fibers make superior links to brain: Rice University invention provides two-way communication with neurons March 25th, 2015

Aerospace/Space

Iranian Researchers Present Model to Determine Dynamic Behavior of Nanostructures March 24th, 2015

Engineers create chameleon-like artificial 'skin' that shifts color on demand March 12th, 2015

Anousheh Ansari Wins the National Space Society's Space Pioneer Award for "Service to the Space Community" March 5th, 2015

Launch of the Alliance for Space Development March 1st, 2015

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

Chemists make new silicon-based nanomaterials March 27th, 2015

New processing technology converts packing peanuts to battery components March 22nd, 2015

NC State researchers create 'nanofiber gusher': Report method of fabricating larger amounts of nanofibers in liquid March 19th, 2015

Drexel Univ. materials research could unlock potential of lithium-sulfur batteries March 17th, 2015

New-Contracts/Sales/Customers

Industrial Nanotech, Inc. Announces Next Large Order from the Oil and Gas Industry March 26th, 2015

United Nanotech Innovations Lists Materials for Trade on INSCX™ Exchange and Appoints Fullerex as Merchant February 17th, 2015

Virginia Tech Purchases Two Bruker Fluorescence Microscope Solutions: High-Speed Instruments Combine to Cover Wide Optical Resolution Range February 10th, 2015

Nano Labs Announces the Opportunity to Submit the POLEC Liquid Cement Product for Test Trials to Be Used in the Construction of the New International Airport of Mexico City (NAICM) February 2nd, 2015

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 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE