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

Nano Ruffles in Brain Matter: Freiburg researchers decipher the role of nanostructures around brain cells in central nervous system function October 31st, 2014

Gold nanoparticle chains confine light to the nanoscale October 31st, 2014

'Nanomotor lithography' answers call for affordable, simpler device manufacturing October 31st, 2014

Device invented at Johns Hopkins provides up-close look at cancer on the move: Microscopic view of metastasis could give insight about how to keep cancer in check October 31st, 2014

Military

'Nanomotor lithography' answers call for affordable, simpler device manufacturing October 31st, 2014

Microrockets fueled by water neutralize chemical and biological warfare agents October 29th, 2014

Breakthrough in molecular electronics paves the way for DNA-based computer circuits in the future: DNA-based programmable circuits could be more sophisticated, cheaper and simpler to make October 27th, 2014

NanoTechnology for Defense (NT4D) October 22nd, 2014

Aerospace/Space

New evidence for an exotic, predicted superconducting state October 27th, 2014

Novel Rocket Design Flight Tested: New Rocket Propellant and Motor Design Offers High Performance and Safety October 23rd, 2014

Removal of Limitations of Composites at Superheat Temperatures October 20th, 2014

1980s aircraft helps quantum technology take flight October 20th, 2014

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

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

Graphenea opens US branch October 16th, 2014

NTU develops ultra-fast charging batteries that last 20 years October 14th, 2014

Electrically conductive plastics promising for batteries, solar cells October 10th, 2014

New-Contracts/Sales/Customers

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

Dyesol Signs Letter of Intent with Tata Steel October 13th, 2014

HZO Teams With Deutsche Telekom to Unveil the Waterproof Tolino Vision 2 eReader: The New HZO Protected eReader Ushers in a New Era of Waterproof Electronics, Providing a Seamless User Experience Without the Risk of Using Port Doors and Mechanical Seals October 10th, 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