UQM Technologies Announces Order for Propulsion Systems to Power Additional 'Spinner' Hybrid Electric Unmanned Ground Combat Veh
August 12 2004 - 9:30AM
PR Newswire (US)
UQM Technologies Announces Order for Propulsion Systems to Power
Additional 'Spinner' Hybrid Electric Unmanned Ground Combat
Vehicles Two Additional Hybrid Electric UGCV's to Be Built by
Carnegie-Mellon Led Team Under a Follow-on Contract From DARPA;
Each Unmanned Robotic Combat Vehicle With Advanced Endurance,
Obstacle Negotiation and Transportability Powered by Six UQM(R)
High Torque Wheel Mounted Propulsion Systems and a UQM(R)
PowerPhase(R) Generator FREDERICK, Colo., Aug. 12
/PRNewswire-FirstCall/ -- UQM TECHNOLOGIES, INC. (AMEX:UQM), a
developer of alternative energy technologies, announced today that
it has received a $314,000 order for UQM(R) high torque propulsion
systems and generators that will power 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 two additional
Unmanned Ground Combat Vehicles (UGCV's) will be powered by
specially developed high torque wheel mounted UQM(R) propulsion
motors that operate utilizing energy produced by a UQM(R) generator
mounted on a small diesel engine. The UGCV platform is an Advanced
Technology Demonstrator (ATD) that complements the Army's Future
Combat System (FCS) networked system environment of manned and
unmanned ground and airborne weapon systems with superior levels of
mobility and reduced logistic needs. Commenting on the award, UQM
Technologies' President and Chief Executive Officer, William G.
Rankin, said, "We are pleased to receive this additional order for
our high torque propulsion motors and PowerPhase(R) generators
which were specially developed to meet the demanding requirements
of this incredibly mobile vehicle platform. The UQM(R) propulsion
motors deliver peak torque of 380 Nm, which allows this 6.5 ton
vehicle to climb stationary obstacles 3 1/2 feet in height,
navigate 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, once again demonstrates the
durability of our propulsion systems in the most rugged and
demanding operating environments." 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. We communicate
with the motors on our vehicle network and are able to readily
change parametric settings and control schemes. The UQM(R) motors
and company support are a core reason for Spinner's excellent
mobility characteristics." 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 for the quarter ended June 30, 2004 and is available
through our website at http://www.uqm.com/ or at
http://www.sec.gov/. DATASOURCE: UQM Technologies, Inc. CONTACT:
Donald A. French, Treasurer of UQM Technologies, Inc.,
+1-303-278-2002 Web site: http://www.uqm.com/
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