Latest Quantum Technologies Stories
IRVINE, Calif., Dec. 1 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc., (Nasdaq: QTWW) today announced that it has supplied hydrogen refueling technology and key hydrogen infrastructure equipment for the Shell Hydrogen public re-fueling station in New York City, located prominently at the entrance to John F. Kennedy International Airport. This station is part of a cluster of hydrogen refueling stations opened by Shell in New York, in partnership with the Port...
IRVINE, Calif., Nov. 25 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW), today announced that it and its subsidiary, Quantum Solar Energy, Inc. ("Quantum Solar"), has entered into a non-binding letter of intent with New Energy Systems, LLC ("NES"), which sets forth the terms by which NES would invest $20 million in Quantum Solar in exchange for a 34% ownership interest in Quantum Solar. Quantum Solar will use the investment proceeds to establish a...
IRVINE, Calif. and TORONTO, Nov. 25 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) ("Quantum" or the "Company") and Schneider Power Inc. (TSX VENTURE: SNE) ("Schneider Power") today announced the signing of a definitive business combination agreement under which Quantum has agreed to acquire in a stock-for-stock exchange all of the outstanding common shares of Schneider Power. The acquisition of Schneider Power will enhance Quantum's strategic...
IRVINE, Calif., Nov. 9 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that it is developing and shipping diesel hybrid vehicles to the U.S. Army's Tank Automotive Research, Development and Engineering Center (TARDEC) National Automotive Center (NAC), with funding support through the U.S. Special Operations Command (USSOCOM), and project administration through Alion. Quantum developed the Clandestine Extended Range Vehicle (CERV),...
WILMINGTON, Del., Oct. 27 /PRNewswire/ -- Fisker Automotive has selected the Wilmington Assembly plant in Wilmington Delaware to build affordable plug-in hybrid cars. (Logo: http://www.newscom.com/cgi-bin/prnh/20070905/LAW009LOGO) Fisker executives made the announcement inside the dormant facility today, joined by Vice President Joe Biden, Delaware Governor Jack Markell and other state officials. The plant will support Fisker Automotive's Project NINA, the development and build of an...
IRVINE, Calif., Oct. 22 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that it has introduced a fuel efficient, high performance diesel hybrid electric powertrain, "Q-Force," after six (6) years of development. This advanced, proprietary 4-wheel drivetrain can be configured for specialized military as well as commercial applications. The first application of Quantum Q-Force is in a JP-8 fuel compatible diesel engine-based, battery...
IRVINE, Calif., Oct. 8 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) announced today that The Nasdaq Stock Market ("Nasdaq") has accepted the Company's plan to regain compliance with Nasdaq Listing Rule 5250(c)(1), and that it has regained compliance with the minimum bid price Listing Rule 5450(a)(1), both of which were previously disclosed in a Press Release dated September 18, 2009. In a letter to the Company dated October 2, 2009, Nasdaq Staff...
IRVINE, Calif., Sept. 22 /PRNewswire/ -- Fisker Automotive and the US Department of Energy have agreed to terms for a loan of more than half a billion dollars to create affordable, fuel-efficient plug-in hybrid electric cars. (Photo: http://www.newscom.com/cgi-bin/prnh/20090922/LA79985) (Logo: http://www.newscom.com/cgi-bin/prnh/20070905/LAW009LOGO) A majority of the low-interest funds will go toward Project NINA, which will see the design, engineering and assembly of Fisker...
IRVINE, Calif., Sept. 18 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) announced today that it received a letter from The Nasdaq Stock Market ("Nasdaq") on September 14, 2009, notifying the Company that it is currently not in compliance with the Nasdaq Marketplace Rule 5250(c)(1) because it has not filed its Form 10-Q for the period ended July 31, 2009 in a timely manner. Under Nasdaq rules, the Company has 60 calendar days, or until November...
IRVINE, Calif., Sept. 8 /PRNewswire-FirstCall/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) today announced that it has completed a private placement offering of Common Stock Units with certain accredited investors at a price of $612 per Unit resulting in gross proceeds of $12.3 million. Each Common Stock Unit consisted of 1,000 shares of common stock and a five-year warrant to purchase up to 100 shares of common stock. Quantum issued a total of 20.1 million...
