Quantum Fuel Systems (QTWW) announced today they are developing and shipping six Clandestine Extended Range Vehicle (CERV) for the US Army designed for quick special ops missions. The vehicle uses Quantum’s Q-Force diesel hybrid electric powertrain system along with a weapons ring for greater fire power. Along with greater fuel efficiency, the vehicle will be able to maintain speeds of 80mph and ascend 60% grades. Is the bat mobile far off?
Alan Niedzwiecki, CEO of … Read the rest
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
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