UQM Technologies Receives Order for Additional Electric Power Generators From DRS Technologies for U.S. Army Hybrid Electric HMMWVs
Posted on: Wednesday, 21 September 2005, 09:00 CDT
FREDERICK, Colo., Sept. 21 /PRNewswire-FirstCall/ -- UQM Technologies, Inc. , a developer of alternative energy technologies, announced today that it has received an order for additional UQM(R) permanent magnet generators from DRS Technologies, Inc. for use in technology demonstration hybrid electric High Mobility Multipurpose Wheeled Vehicles (HMMWVs). A single 100 kW UQM(R) generator is spun by the vehicle's diesel engine and provides electric power to both propel the hybrid electric HMMWV as well as to meet on-board and stationary electric power requirements.
The hybrid electric HMMWVs are being developed by DRS Technologies and incorporate DRS's energy management electronic systems. In addition to the 100 kW UQM(R) generator, the hybrid electric HMMWVs incorporate two 100 kW UQM(R) propulsion motors, one per axle. Each UQM(R) motor or generator is controlled by a UQM(R) electronic inverter, which manages the operating characteristics of the motor or generator. These vehicles feature electric power generation capability sufficient to power on-board electrically-based weapons, as well as to operate field hospitals, telecommunications centers, auxiliary radar equipment and the like. They have demonstrated fuel efficiency improvements in excess of 30 percent, depending on the vehicle driving cycle.
William G. Rankin, UQM Technologies' President and Chief Executive Officer, said, "This order for additional hybrid electric HMMWV hardware is representative of a continuing interest in the development and evaluation of hybrid electric military vehicles powered by UQM(R) propulsion systems. The military is recognizing the benefits of hybrid electric propulsion, including improved vehicle performance, stealth operation, reduced fuel consumption and the availability of significant on-board electric power. Continuing advancements in our technology and orders, such as that announced today, move us closer to what we expect will be a growing demand from various military organizations for vehicles powered by UQM(R) propulsion systems."
UQM Technologies, Inc. is a developer and manufacturer of power dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, medical, military and industrial markets. A major emphasis of the Company is developing products for the alternative energy technologies sector, including propulsion systems for electric, hybrid electric and fuel cell electric vehicles, 42-volt under-the-hood power accessories and other vehicle auxiliaries and distributed power generation applications. The Company's headquarters, engineering and product development center, and motor manufacturing operation are located in Frederick, Colorado. For more information on the Company, please visit its worldwide website at http://www.uqm.com/.
This press release contains statements that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements appear in a number of places in this press release and include statements regarding our plans, beliefs or current expectations, including those plans, beliefs and expectations of our officers and directors with respect to, among other things the development of markets for our products. Important Risk Factors that could cause actual results to differ from those contained in the forward-looking statements are contained in our Form 10-Q filed August 3, 2005, which is available through our website at http://www.uqm.com/ or at http://www.sec.gov/.
UQM Technologies, Inc.
CONTACT: John Baldiserra of BPC Financial Marketing, +1-800-368-1217,for UQM Technologies, Inc.; or Donald A. French of UQM Technologies, Inc.,+1-303-278-2002
Web site: http://www.uqm.com/
Source: PRNewswire-FirstCall
Related Articles
- Quantum Ships Diesel Hybrid Vehicles to the U.S. Army
- Remy International, Inc. Launches HVH250 Creating Standardized Electric Motor for Hybrid and Electric Vehicles
- Google Begins Work On Plug-In Hybrid Vehicle Charging Software
- Valeo and Michelin Announce Their Collaboration for the Development of Systems for Electric and Rechargeable Hybrid Vehicles
- Ford Announces Suppliers For New Plug-In Hybrid Vehicles
- Off-Peak Electricity Could Power Hybrids
- American Electric Technologies Powers Leading Indian Drilling Contractor
- Driving Green in China Towards a New Generation of Electric and Hybrid Vehicles
- American Electric Technologies Wins $1 Million Contract With Ventech Engineers
- Volvo Invests in Conductor Technology for Hybrid Vehicles
 |
 |
User Comments (0)
RSS Feeds