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Posted: September 17, 2008

EnerDel Wins $4 Million Military Contract to Develop High-Performance Batteries

(Nanowerk News) Ener1, Inc.'s EnerDel unit has been awarded a $4 million research and development contract by the U.S. Department of Defense.
The contract is aimed at creating lightweight, high-performance battery solutions for real-time tracking of military assets in harsh climates, and creating high-energy batteries to power miniature unmanned aerial vehicles.
EnerDel said that the congressionally directed program contract will be funded by the Defense Logistics Agency and administered by The Crane Division of the Naval Surface Warfare Center. The single, unified R&D contract covers both new "severe-duty" battery technology to replace commercially available cells and high-energy batteries for mini UAVs.
Indianapolis-based EnerDel develops and manufactures lithium-ion batteries to power the next generation of hybrid and electric vehicles. The company is building proprietary innovations based on technology originally pioneered at the Argonne National Laboratory.
New York-based Ener1 develops commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications through its NanoEner subsidiary.
Ener1's major shareholders are the Ener1 Group, Inc., a privately held, global investment and advisory firm, and Itochu Corporation, a Japanese trading company and distributor of manufacturing equipment essential to Lithium-ion battery production.
Source: EnerDel (press release)
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