DANBURY, Conn., 14 July 2005. Electro Energy Inc., a developer and manufacturer of advanced batteries, has been awarded a $1.1 million U.S. Air Force contract supplement to continue development of manufacturing processes for a bipolar Nickel-Metal Hydride (NiMH) aircraft battery.
The main objectives of this additional 12-month technical effort are to further the development of equipment and processes for the scale-up to production rates of the bipolar Ni-MH technology for aircraft battery designs.
Further objectives include improving performance and reducing the cost of the environmentally friendly Ni-MH batteries to be competitive with existing Ni-Cd and Pb-Acid battery costs. The technology could also have applications in the commercial sector for reserve electrical power in automotive, aircraft and emergency applications and hybrid vehicles.
"We are very pleased with the continued Air Force support of our innovative battery technology," said Michael Reed, President and COO. "This project, while supporting the transition of our battery into production for specialty military and commercial applications, also complements the company's recently announced plans to acquire expanded manufacturing capabilities in the Gainesville, Fla. area."
Electro Energy Inc., headquartered in Danbury, Conn., 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. Electro Energy Inc. is also developing high-power lithium rechargeable batteries utilizing the company's proprietary design. For more information, see www.electroenergyinc.com.
