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SatCon Wins Army Tactical Vehicle Auxiliary Power Unit (APU) Contract

Posted on: Tuesday, 24 January 2006, 09:00 CST

SatCon Technology Corporation(R) (Nasdaq NM: SATC), a developer and manufacturer of power electronics and motors for the alternative energy markets, today announced that it has been awarded a Phase I SBIR contract with the U. S. Army to develop an Auxiliary Power Unit (APU) for military tactical vehicles.

As the US Armed Forces transition to "more electric" technology for mobile mission systems, the existing fleet of tactical and support vehicles are increasingly limited by the available on-board vehicle power (OBVP). The SatCon APU can be configured as a standalone unit or geared to the main engine, employing either liquid or air-cooling. The APU combines a high speed permanent magnet (PM) generator with a novel power circuit and controller design that provides 270VDC, 28VDC, and 120VAC power ports. This unique topology affords compact packaging for more practical implementation as a flexible OBVP solution. The baseline configuration is targeted as a 4kW APU for the Abrams tank. The same technology is applicable to generator sets providing a competitive advantage over existing solutions for Tactical Quiet Generator (TQG) sets in the Mobile Electric Power (MEP) and Advanced Medium Mobile Power Sources (AMMPS) programs. As a dual-use opportunity, this technology is also applicable to providing auxiliary power outlets on hybrid electric commercial and passenger cars and trucks.

SatCon's President & Chief Operating Officer, Millard Firebaugh stated, "Commercial APUs and gen-sets are bulky and impractical for on-board power. Through the use of high speed PM machinery and SatCon's power electronics and controls intellectual property, we are able to offer a solution that provides flexibility, portability, and affordability. This is yet another example of SatCon's continued drive into the electric power systems and vehicle market."

About SatCon Technology Corporation

SatCon Technology Corporation is a developer and manufacturer of electronics and motors for the Alternative Energy, Hybrid-Electric Vehicle, Grid Support, High Reliability Electronics and Advanced Power Technology markets. For further information, please visit the SatCon website at www.satcon.com.

Statements made in this document that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "believes,""expects,""plans,""anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the Company's expectation. Additional information concerning risk factors is contained from time to time in the Company's SEC filings. The Company expressly disclaims any obligation to update the information contained in this release.

Source: Business Wire

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