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SATCON GETS $4.1 MILLION CONTRACT FOR SHIPBOARD POWER.

Publication: Industrial Environment
Publication Date: 01-MAR-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SatCon Technology Corporation (Nasdaq NM:SATC), Cambridge, Mass., a leader in power and energy management products, has been awarded a $4.1 million contract from General Atomics to continue the development of its Integrated Power System (IPS). The contract phase, when added to the initial IPS phase, which began last February, brings the total value of this program to $7.0 million. Under this phase of the contract, SatCon will deliver 100kW and 300kW modular, electrical power converter and control assemblies to be tested as part of a full-scale demonstration program for the Navy's "all-electric" ship. When combined, these...

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