UQM receives U.S. Navy evaluation contract

Advanced Battery Technology, Aug 2003

UQM Technologies of Frederick, Colorado, has received a contract from the U.S. Navy to evaluate the application of hybrid electric propulsion to small military boats. The $70,000 Phase I contract was awarded by the Office of Naval Research under the Small Business Innovation Research program and will be performed over six months.

"This contract represents our first award from the U.S. Navy for the potential application of hybrid electric technology in watercraft," said William G. Rankin, president and chief executive officer of UQM Technologies. "We believe that hybrid electric propulsion can enhance the performance and utility of watercraft demonstrating improved fuel consumption and lower emissions."

Copyright Seven Mountains Scientific, Inc. Aug 2003
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