UQM Technologies Receives Additional Order From Carnegie Mellon for Two UQM(R) Generators to Provide Power for the 'Spinner' Hyb
March 22 2005 - 8:30AM
PR Newswire (US)
UQM Technologies Receives Additional Order From Carnegie Mellon for
Two UQM(R) Generators to Provide Power for the 'Spinner' Hybrid
Electric Unmanned Ground Combat Vehicle Generators Will Be
Integrated With a Small Diesel Engine on Two Additional Hybrid
Electric UGCV's Being Built by Carnegie Mellon-Led Team Under a
Follow-on Contract From DARPA; the Generators Increase the
Company's Content on Each Unmanned Robotic Combat Vehicle Beyond
the Six UQM(R) High Torque Wheel Mounted Propulsion Systems
Propelling Each 'Spinner' UGCV FREDERICK, Colo., March 22
/PRNewswire-FirstCall/ -- UQM TECHNOLOGIES, INC. (AMEX:UQM), a
developer of alternative energy technologies, announced today that
it has received an order for two UQM(R) generators that will
provide generated power for two additional "Spinner" hybrid
electric unmanned ground combat vehicles being built by a team led
by the National Robotics Engineering Consortium, a unit of Carnegie
Mellon University's Robotics Institute. The UQM(R) generators will
be integrated with a small diesel engine to generate the power
required by the two additional unmanned ground combat vehicles
(UGCV's) which are propelled by high torque wheel-mounted UQM(R)
propulsion motors. The UQM(R) generators replace a small turbine
generator used in an earlier version of the UGCV, increasing the
Company's product content on each hybrid electric UGCV. The UGCV
platform is an advanced technology demonstrator that complements
the Army's Future Combat System networked system environment of
manned and unmanned ground and airborne weapon systems with
superior levels of mobility and reduced logistic needs. John Bares,
the program's Principal Investigator at Carnegie Mellon said, "We
have been thrilled with the consistent performance of the UQM(R)
motors and solid customer support offered by UQM Technologies. The
availability of diesel fuel on the battlefield drove our decision
to change to a diesel engine based power generation configuration
on the UGCV and power dense UQM(R) generators were the obvious
choice to be integrated with our small diesel engine. The
performance and durability of UQM(R) products, which have now
undergone hundreds of hours of field testing in the UGCV, have
exceeded our expectations and are a core reason for Spinner's
excellent mobility and performance characteristics." "We are
extremely pleased that Carnegie Mellon has selected our power dense
generator to provide generated power for the UGCV increasing our
product content per vehicle to seven UQM(R) high power systems. The
UQM(R) propulsion motors deliver peak torque of 380 Nm, which
allows this 8.5 ton vehicle to scale stationary obstacles 3 1/2
feet in height, traverse ditches over 5 feet wide and deliver their
rated peak torque in either a forward or reverse direction on
demand. The ability of our propulsion motors to perform when
mounted directly in the wheels of a vehicle, where they experience
extremely high loads due to shock and vibration in this rugged and
demanding operating environment, together with the small footprint
of our 75Kw generator once again demonstrates the durability and
packaging advantages of our power dense motor and generator
products", said William G. Rankin, President and Chief Executive
Officer of UQM Technologies, Inc. UQM Technologies, Inc. is a
developer and manufacturer of power dense, high efficiency electric
motors, generators and power electronic controllers for the
automotive, aerospace, medical, military and industrial markets. A
major emphasis of the Company is developing products for the
alternative energy technologies sector including propulsion systems
for electric, hybrid electric and fuel cell electric vehicles,
42-volt under-the-hood power accessories and other vehicle
auxiliaries and distributed power generation applications. The
Company's headquarters, engineering and product development center,
and motor manufacturing operation are located in Frederick,
Colorado. For more information on the Company, please visit its
worldwide website at http://www.uqm.com/. This press release
contains statements that constitute "forward-looking statements"
within the meaning of Section 27A of the Securities Act and Section
21E of the Securities Exchange Act. These statements appear in a
number of places in this press release and include statements
regarding our plans, beliefs or current expectations, including
those plans, beliefs and expectations of our officers and directors
with respect to, among other things the development of markets for
our products. Important Risk Factors that could cause actual
results to differ from those contained in the forward-looking
statements are contained in our Form 10-Q filed January 27, 2005
which is available through our website at http://www.uqm.com/ or at
http://www.sec.gov/. DATASOURCE: UQM Technologies, Inc. CONTACT:
John Baldiserra of BPC Financial Marketing, +1-800-368-1217, for
UQM Technologies, Inc.; or Donald A. French of UQM Technologies,
Inc., +1-303-278-2002 Web site: http://www.uqm.com/
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