Altair Nanotechnologies just announced a joint agreement with Amperex Technology to help speed up the development of lithium-titanate battery cells for commercial sale. According to the agreement, both companies will provide resources from their respective areas of expertise to engineer, design and test next-generation rechargeable battery cells. The companies will try to improve the performance of lithium-titanate battery cells by increasing cell energy and power density, and the resulting products are expected to be available … Read the rest
Tag Archives: alti
Altair Nanotechnologies (ALTI) Breaking Out Of Bullish Formation
Altair Nanotechnologies (ALTI) is breaking out of a bullish wedge formation this morning and making a run at the 200 day moving average with very heavy volume on the buy side. I’m not seeing any news this morning so it may have something to do with an article over at CBS Marketwatch late Friday written by John Dvorak who is intrigued by Altair’s new lithium-titanate battery being tested by the UK’s Lightning car company and … Read the rest
Altair Nanotechnologies (ALTI) Ships 40 Lithium Ion Batteries to US Army
Altair Nanotechnologies (ALTI) is announcing this morning it has shipped 40 advanced lithium ion battery systems to the US Army as part of a testing program to improve performance reliability and safety of the M119 gun batteries. The testing is expected to continue through the summer. If the tests are successful, Altair’s batteries could be used in a wide array of other military applications.
“Altairnano’s advanced battery systems exhibit the widest operating temperature ranges and … Read the rest
Electric Vehicles Industry Analysis – Tesla Motors, Phoenix Motorcars, Th!nk Global, Aptera Motors
Floyd Associates, a privately held consulting firm is out with a research report on the future of electric cars (disclaimer: FA is involved with business development of Phoenix Motorcars) which isn’t all that detailed but provides a good primer on the technologies involved and some of the smaller players hoping to emerge as future leaders of the electric car industry (or sell their technologies to existing major auto companies). Below is an outline of the … Read the rest
Altair Nanotechnologies (ATLI) Announces Successful Market Acceptance Of Its Grid-Scale Battery
Altair Nanotechnologies announced on Friday that its new grid-scale battery storage system has been accepted for participation in the PJM Regional Transmission Organization control area, which serves approximately 51 million people. The 1 megawatt, 250 kilowatt-hour storage system was developed under a joint agreement with AES Energy Storage LLC. This marks the first time ever that a Lithium-Titanate battery has achieved commercial acceptance to "to provide grid regulation services in one of the largest … Read the rest
Third Quarter Financial Results In For Altair Nanotechnologies (ALTI)
Altair Nanotechnologies released its 3rd quarter results this morning. The company’s revenues have decreased significantly from the third quarter of last year. This year, revenues were $1.80 million. This time last year, the company reported revenues of $3.37 in the third quarter. Altair also reported an increased net loss of $9.11 million, or 11 cents per share, up from last year’s net loss of $6.13 million, or 9 cents a share.
The company’s cash … Read the rest
Altair Nanotechnologies (ALTI) To Fill $54,000 Order For Hybrid Battery Packs From DesignLine International
Altair Nanotechnologies announced today that DesignLine International has placed an order for 4 of their hybrid electric vehicle (HEV) battery packs, at a total cost of $54,000. Altair will supply Designline International with the battery cells, assemble them into working battery modules, and train Designline International’s employees to assemble future products from Altair on their own. The initial 4 battery packs will be used on city transit buses and for a modular testing program.
… Read the restAltair’s
Altair Nanotechnologies Inc (ALTI) Announces Development Of New Lithium Battery
Altair Nanotechnologies, Inc, announced that it has completed the 500th full depth cycle of a lithium titanate battery that the company developed under contract with the U.S. Navy. In testing, the battery was shown to have only lost 1% of its capacity, a stunning result that highlights the long life of the new battery technology. When testing is complete, the batteries will be used on Navy destroyers and other vessels instead of a back-up … Read the rest
Altairnano (ALTI) Reports Another Loss, But Beats Estimates; Announces Army Contract
Altair (ALTI) the lithium battery maker for electric cars reported another quarterly loss of .07/share but beat estimates by a couple pennies on revenue of 1.9 million (vs consensus of 1.65 million).
Today, the company also announced a $350,000 contract with the US Army to deliver prototype batteries for use in the Army’s M119 105mm lightweight gun digitization program. Altair’s batteries can operate in extreme conditions with rapid charging capabilities and a long life.
Delivery … Read the rest
Today’s Big Green Stock Movers: ALTI, XNL, APWR, OTTR
UP
Altair Nanotechnologies (ALTI) up 33.79% on this news
Xethanol (XNL) up 11.11%
A-Power Energy (APWR) up 8.59%
Otter Tail (OTTR) up 5.04% and broke out to new all time highs!
DOWN
Quantum Fuel Systems (QTWW) down 7.14% … Read the rest