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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, […]
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International Power Group, Ltd. (OTCPK: IPWG), an emerging waste-to-energy company, announced it raised $2.3 million from an undisclosed New York-based venture capital firm. CEO Peter Toscano said, “International Power Group views this new equity investment in our company, by a visionary fund that focuses its investments in promising technologies, as a significant vote of confidence in our business plan to provide alternative energy solutions by constructing our waste-to-energy and AddPowerTM technologies in key locations worldwide.” The company plans to provide turnkey solutions for waste disposal and electricity and potable water production. It intends to establish waste-to-energy facilities to convert commercial, hazardous, organic and toxic wastes into saleable electricity and potable water.
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URL: http://www.ens-newswire.com/ens/jan2007/2007-01-10-10.asp Website: http://www.ens-newswire.com/ens/jan2007/2007-01-10-10.asp
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