Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) has been awarded a follow-on contract by Lockheed Martin to supply hydrogen and oxygen fuel storage tanks for a regenerative power supply system to be used in a stratospheric airship application.
This award is due to the successful performance in a previous award from Lockheed Martin. Using its expertise in ultra-lightweight all-composite gaseous fuel storage, Quantum developed unique compressed gas storage systems for oxygen and hydrogen with higher system weight efficiency than has been demonstrated in the past. The storage systems have been designed and tested to withstand an extreme range of conditions from sea level to high altitude.
About Quantum
Quantum and its subsidiary, Tecstar Automotive Group, are leaders in powertrain engineering, system integration and manufacturing of packaged fuel systems and accessories for specialty vehicles and applications including fuel cells, hybrids, alternative fuels, hydrogen refueling, new body styles, mid-cycle vehicle product enhancements and high performance engines and drive trains for OEMs and consumers of aftermarket parts and accessories. Quantum also designs and manufactures hybrid and fuel cell vehicles.
Quantum has product commercialization alliances with General Motors, AM General, Sumitomo and IMPCO. Quantum’s customer base includes General Motors, Toyota, Opel, Hyundai, Suzuki, Ford, DaimlerChrysler, Sunline, Yamaha, AeroVironment, and the U.S. Army.
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