It’s been a mighty rough 2010 for Quantum Fuel Systems (QTWW), falling from a high of 1.50 last September to around 50 cents yesterday. Today, it finally got some good news and the stock surged 16% with good volume. It’s still trading well below a buck, but perhaps the bottom is near. It announced this morning that it’s been awarded a contract from Lockheed Martin (LMT) to supply hydrogen metering systems for use in Lockheed’s … Read the rest
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Itron (ITRI) & Lockheed Martin (LMT) In Smart Grid Collaboration
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Two heavy hitters are collaborating, bringing their smart grid technologies together to reduce the cost and complexity for utilities to deploy smart meters. Itron (ITRI) and Lockheed Martin (LMT) announced today that they will integrate Lockheed’s SEEload Demand Response Solution with Itron’s smart grid platform bringing together Itron’s smart grid expertise with Lockheed’s security, command and control and integration expertise.
Itron VP Philip Mezey commented: “Fostering the … Read the rest
Ocean Power Technologies (OPTT) Expands Lockheed (LMT) Relationship, Shares Soaring 50%
Back in January, we posted about the news of Lockheed (LMT) and Ocean Power (OPTT) signing a letter of intent to develop utility scale wave energy systems together. That relationship moved to the next step this morning and shares of Ocean Power (OPTT) are soaring on the news, up over 50% just a few minutes ago. It appears OPTT is no longer a green stock cellar dweller!
This morning the two companies made it … Read the rest
Ocean Power Technologies (OPTT) & Lockheed Martin Announce Wave Energy Collaboration
A letter of intent has been signed this morning between Lockheed Martin (LMT) and wave energy startup Ocean Power Technologies (OPTT) to collaborate in the development of utility scale wave energy in North America. OPTT would provide site development and its PowerBuoy technology while Lockheed Martin would provide construction, systems integration, operation and maintenance services. The two companies have worked together before on maritime surveillance for the Dept of Homeland Security but this marks the … Read the rest