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SATCON GETS $1.5 MILLION HYBRID ELECTRIC VEHICLE ORDERS.
Industrial Environment, July, 2002
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SatCon Technology Corporation (Nasdaq NM: SATC), a leader in critical powering solutions, Cambridge, Mass., has been awarded contracts with a total value of $1.5 million to develop novel power electronics and advanced materials technologies for hybrid electric vehicles. The first effort is to demonstrate the cost and reliability benefits of silicon carbide-based inverters for hybrid electric vehicles.
The second effort is for a continuously variable transmission that employs SatCon's patent pending magnetorheological fluid technology for use with in-wheel motors used in hybrid ...
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