Altair, setzt zum Sprung an! + 42,31%
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ALTAIR NANOTECHNOLOGIES - Nasdaq SmallCap Market: ALTI |
Last | Change (%) | After Hours Chg (%)** | Trade Time | Bid | Ask |
N/A | N/A | N/A | 12:40 | 2.37 (13) | 2.40 (15) |
Exchange Quote
Last | Change (%) | Trade Time | Bid (size) | Ask (size) |
3.33 | 0.99 (42.31) | 14:51 | 3.33 (5) | 3.34 (23) |
Latest Ticks | Prev Close | Open | Low | High |
==== | 2.34 | 2.40 | 2.34 | 3.50 |
Day Volume | Avg Day Vol | VWAP | 52 Wk Low | 52 Wk High |
11,638,101 | 817,700 | 3.0448 | 1.93 | 6.52 |
# of Trades | Last Size | Avg Trade Size | P/E Ratio | Market Cap (mil) |
17,273 | 200 | 674 | 0 | 196 |
RENO, NV, Jan 17, 2006 (MARKET WIRE via COMTEX) -- Altair Nanotechnologies Inc. (NASDAQ: ALTI) today announced that its battery research and development team successfully completed a testing program for lithium ion battery cells containing Altairnano's nano-structured lithium titanate electrode materials.
"The test results demonstrated that the performance of these lithium ion battery cells exceed the system-level power requirements set forth by the U.S. Council for Automotive Research FreedomCAR Energy Storage System Performance Goals for hybrid electric vehicle (HEVs), as well as those requirements published by major U.S. automakers," said Evan House, Ph.D., Program Director, Altairnano's Advanced Materials & Power Systems business unit. These power requirements can be viewed at: www.uscar.org/consortia&teams/consortiahomepages/con-usabc.htm
The battery cells using Altairnano's nano-structured lithium titanate electrode materials in battery cell tests developed for HEV applications demonstrate a useable state-of-charge range twice that of conventional nickel metal hydride (NiMH) batteries presently used in hybrid electric vehicles. Nano-structured lithium titanate electrode materials offer a near-term promise of lithium ion batteries that exhibit rapid charge and discharge, longer cycle life and more inherently safe performance than either currently available nickel metal hydride or lithium ion batteries. These results support the feasibility of a power lithium ion battery pack half the size of those currently being tested for HEV applications.
"We believe this phase of our testing program provides enough data to demonstrate that lithium-ion batteries utilizing our nano-structured battery electrode materials can have both the energy and power densities that exceed those of the nickel metal hydride (NiMH) batteries currently being used in HEVs," commented Altairnano President and CEO Alan J. Gotcher, Ph.D. "In our meetings with members of the automotive industry in the U.S. and abroad, we have been told that power-based lithium-ion batteries with the ability to discharge and charge rapidly, combined with greater cycle life and abuse tolerance, are desirable for the future of hybrid vehicles.
"This assessment," continued Dr. Gotcher, "was validated in the October 24, 2005, issue of Automotive News, when Japan's largest maker of nickel metal hydride batteries, used by Ford Motor Company and other carmakers of hybrid vehicles, stated that the future belongs to lithium-ion batteries. This sentiment was echoed in the article by Sanyo Electric Company, Toyota Motor Corporation, General Motors and Ford Motor Company executives."
The power of Altair's cell was first demonstrated and published in the September 2004 edition of the advanced energy industry standard, Journal of Power Sources. In that paper, authored by Dr. Du Pasquier and colleagues of the Rutgers University Energy Storage Group, battery cells using Altairnano's nano-structured battery electrodes demonstrated a three-minute full recharge and more than 9,000 cycles of sequential three-minute, 100 percent, recharges and discharges, validating the superior cycle life characteristics of Altairnano's nano-materials, when compared to traditional lithium ion batteries with a cycle life of 300 to 500 recharges and discharges.
The battery testing programs for applications targeting HEVs and electric vehicles are underway at a specially equipped facility located in the company's corporate headquarters in Reno, NV. Located in Anderson, Indiana, Altairnano's battery product application labs, with rapid prototyping and battery testing capabilities, is expected to be fully equipped and operational and to have its first battery cells manufactured by the end of January.
ABOUT ALTAIR NANOTECHNOLOGIES INC.
Altairnano is a leading supplier and innovator of advanced ceramic nanomaterial technology. Based in Reno, Nevada, Altairnano has assembled a unique team of materials scientists who, coupled in collaborative ventures with industry partners and leading academic centers, have pioneered an array of intellectual property and products.
Altairnano's robust proprietary technology platforms produce a variety of crystalline and non-crystalline nanomaterials of unique structure, performance, quality and cost. The company has scalable manufacturing capability to meet emerging nanomaterials demands. Altairnano's two divisions, Life Sciences and Performance Materials, are focused on applications where the company's nanotechnology may enable new high growth markets. The Life Sciences Division is pursuing market applications in pharmaceuticals, drug delivery, dental materials and other medical markets. The Performance Materials Division is focused on market applications in advanced materials for paints and coatings; air and water treatment, environmental sensing, and alternative energy -- including new lithium ion battery electrode materials. For additional information on Altairnano and its nanomaterials, visit www.altairnano.com.
Forward-Looking Statements
This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. These risks and uncertainties include, without limitation, the risks that, in subsequent laboratory testing or when used in prototype or production model HEVs, Altairnano's nano titanate spinel electrode materials will not exhibit anticipated characteristics; that, as Altairnano is developing its materials, competitors will develop materials that are comparable or superior for use in the HEV market; that the HEV market will contract or not expand as expected; or that, for reasons related to market timing, strategy, technology or other factors, manufacturers of HEVs will select batteries using other materials or other technologies for energy-efficient vehicles in the future. Altairnano's nano titanate spinel electrode materials are in the development stage and Altairnano can provide no assurance that development will proceed as projected or that its material will receive broad market acceptance. In addition, other risks are identified in the company's most recent Annual Report on Form 10-K, as filed with the SEC. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events.
For Additional Information:
Investor and Financial Relations:
Marty Tullio or Mark D. Tullio
McCloud Communications, LLC
949.553.9748
Contact via http://www.marketwire.com/mw/emailprcntct?id=39F138116E330CD1
Contact via http://www.marketwire.com/mw/emailprcntct?id=5390B3FE637BBA13
Company Contact:
Robert Pedraza
VP Strategy & Business Development
775.856.2500
Contact via http://www.marketwire.com/mw/emailprcntct?id=142DDB620FD28625
SOURCE: Altair Nanotechnologies Inc.
Copyright 2006 Market Wire, All rights reserved.
SUBJECT CODE: Automotive:Cars
Automotive:Parts and Accessories
Chemicals:Specialty Chemicals
Electronics and Semiconductors:Electronic Components
Electronics and Semiconductors:Micro-electronics and Nanotechnology
Environment:Hazardous Materials Management
Manufacturing and Production:Machinery and Tools
ALTI - Altair Nanotechnologies Inc (NASDAQ SC) | 3:05 PM ET, 1/17/2006 |
grace, du bist doch so schlau, was machst du nun?
" alti wkaufen du dämlicher eunuch "
diese Boardmail bekam ich
mir beleidigende Boardmails senden, mich auber auf ignore setzen , gg
armer Wicht!!
muß interessant sein, immer alleine zu posten, grace!!gg
Kannst nichtmal nen Filter setzen
Auf ein neunes.
xpfuture
Hatte die auch auf der Watch,
aber dieser Kurssprung kam plötzlich mit der News.
Charttechnisch war es vorher schon ein Einstieg, jedoch diesen Kursprung konnte niemand voraussehen!!
Hatte die auch auf der Watch,
aber dieser Kurssprung kam plötzlich mit der News.
Charttechnisch war es vorher schon ein Einstieg. doch diesen Kursprung, konnte niemand vorhersagen.
Altair Competes Battery Cells Testing Program
Jan 18, 2006 (financialwire.net via COMTEX) -- January 18, 2006 (FinancialWire) Altair Nanotechnologies Inc. (NASDAQ: ALTI), whose rivals include Kronos Worldwide Inc. (NYSE: KRO), says that its battery research and development team has completed a testing program for lithium ion battery cells containing Altairnano's nano-structured lithium titanate electrode materials.
"The test results demonstrated that the performance of these lithium ion battery cells exceed the system-level power requirements set forth by the U.S. Council for Automotive Research FreedomCAR Energy Storage System Performance Goals for hybrid electric vehicle, as well as those requirements published by major U.S. automakers," said Evan House, Ph.D., program director, Altairnano's Advanced Materials & Power Systems business unit.
The battery cells using Altairnano's nano-structured lithium titanate electrode materials in battery cell tests developed for HEV applications demonstrate a useable state-of-charge range twice that of conventional nickel metal hydride batteries presently used in hybrid electric vehicles. Nano-structured lithium titanate electrode materials reportedly offer a near-term promise of lithium ion batteries that exhibit rapid charge and discharge, longer cycle life and more inherently safe performance than either currently available nickel metal hydride or lithium ion batteries.
"We believe this phase of our testing program provides enough data to demonstrate that lithium-ion batteries utilizing our nano-structured battery electrode materials can have both the energy and power densities that exceed those of the nickel metal hydride (NiMH) batteries currently being used in HEVs," commented Alan J. Gotcher, Ph.D., Altairnano president and CEO.
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Kurzfristig könten 5 $ drin sein danach gibt es wieder eine Konsolidierung s. Jahreschart.
bin heute rein zu 2,95
Es gab heute ein gap, das morgen schon geschlosen werden sein dürfte!
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ALTAIR NANOTECHNOLOGIES (NASDAQ: ALTI) hat Ende Dezember mitgeteilt, daß das Unternehmen mit WESTERN OIL SANDS die erste Stufe der Zusammenarbeit abgeschlossen hat und nun die gemeinsame Zusammenarbeit für zwölf Monate verlängert.
Die sog. Phase IB soll bis Ende Januar 2007 abgeschlossen sein.
Beide Unternehmen arbeiten seit Januar 2004 zusammen. ALTAIR hat auch erfolgreich ein Testprogramm mit einer Lithiumionen-Batterie abgeschlossen, in der das Elektrodenmaterial von ALTAIR eingesetzt wurde. Die Batterie erfüllt die gesetzlichen US-Anforderungen für Hybridelektrofahrzeuge (HEV).
Seit Anfang Februar produziert ALTAIR in Anderson, US-Bundesstaat Indiana, und hat in diesem Zusammenhang mitgeteilt, daß man zur Wiederaufladung der Zellen zu 90% der bei Raumtemperatur erreichten Kapazität auch bei minus 30° Celsius in der Lage ist.
Ausführlich und weitere Meldungen im Nanotech-Alert oder einzeln bestellen: shop.ivcon.net Download-Bestellformular (PDF)
Zeit: 09.02.2006.
Quelle: Altair Nanotechnologies: www.altairnano.com
http://www.heise.de/tr/artikel/71515
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31.03.06
Verkehr | Auto<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Elektroautos: Große Reichweite, hohe Leistung
Von Kevin Bullis
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Druck | Leserbrief | Weitermailen | Heft bestellen | Forum
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<!-- KONTEXT-MENUE -->Die Lithium-Ionen-Batterietechnik, kurz LiIon, hat in den letzten paar Jahren eine rasante Entwicklung durchgemacht. Experten wie Tüftler hoffen seit längerem, dass solche Akkus künftig in Serie in Elektrofahrzeuge eingebaut werden, um ihre Marktannahme zu steigern. Altair Nanotechnologies aus Reno, Nevada, ist laut eigenen Angaben nun so weit: Bis Ende des Jahres will man erste LiIon-Autos in Prototyp-Form auf die Straße bringen.
Die US-Firma hat LiIon-Akkus geschaffen, deren neues Elektrodenmaterial höhere Spitzenenergiewerte, längere Haltbarkeiten und größere Energiespeicherkapazitäten bietet – inklusive schnellerer Ladezeiten. Das Ziel: Mit der neuen Batterie sollen Elektrofahrzeuge möglich werden, die ähnlich reichweitenstark arbeiten wie gewöhnliche Benzinautos. "Für den Fahrer fühlt sich das dann ganz ähnlich an, nur dass die Fahrzeuge leiser und umweltfreundlicher sind", meint Altair Nano-Chef Alan Gotcher.
Altair Nano will die neuen Batterien in einen Elektrofahrzeug-Prototyp stecken, den man zusammen mit der kanadischen Firma Boshart Engineering plant. Die neuen Batterien verwenden laut Gotcher eine sichere, stabile Struktur, die ihre Lebensdauer dadurch erhöht, dass sich ihre Elektroden nicht ständig ausdehnen und zusammenziehen, wenn sich die spannungserzeugenden Ionen hinein- und hinausbewegen. Genau dies führt derzeit zum mehr oder minder frühen Ableben konventioneller LiIon-Akkus.
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Zudem kann der Altair-Nano-Akku mit großen Energiespitzen umgehen, die sowohl beim schnellen Laden als auch bei schneller Beschleunigung vorkommen. Gotcher erwartet zukünftig außerdem Fahrzeuge, deren Batterien sich ähnlich schnell laden lassen, wie normalerweise eine Tankbefüllung samt kurzem Snack dauert – sechs bis acht Minuten.
Die verbesserte Effizienz und eine Reichweite von 200 bis 250 Meilen sollen die neuen Elektrofahrzeuge wesentlich attraktiver für den Konsumenten machen. Heutige Elektroautos wie etwa der EV-1 von General Motors, den man sechs bis acht Stunden laden und dann nur 75 bis 130 Meilen fahren konnte, wirken dagegen plump.
Die größere Reichweite der neuen LiIon-Akkus ergibt sich aus der Möglichkeit, sie bei konstanter Volt-Zahl tiefer zu entladen. Die Kapazität liegt bei der von heutigen Nickel-Metallhydrid-Batterien. Gotcher glaubt, dass sich die neuen Batteriematerialien zu den gleichen Kosten herstellen lassen, wie bisherige LiIon-Akkus – trotz einer Lebenszeit, die zwei- bis dreimal so hoch ist. Allerdings sei es noch zu früh, darüber zu spekulieren, wie viel ein so ausgestattetes Elektroauto kosten würde.
Ron Freund, Chairman der US-Elektroautovereinigung Electric Auto Association, hält die Leistungswerte für viel versprechend: "Das klingt alles toll. Die Technik muss sich aber erst in einem Fahrzeug beweisen. Deshalb ist es richtig, dass da nun ein Prototyp entsteht." Freund hofft, dass die Firma nach dem ersten Prototyp aber nicht aufhört – schließlich reiche ein Fahrzeug nicht aus, um konstante Daten zu erhalten. Die echte Frage sei, ob ein solches Fahrzeug auch in Serie sein Versprechen halte.
In der Vergangenheit wurden Elektroautos von Blei- und Nickel-Metallhydrid-Akkus angetrieben; Fahrzeuge wie GMs EV-1 oder Toyotas RAV4-EV verkauften sich allerdings so schlecht, dass sie von den Herstellern inzwischen vom Markt genommen wurden. Heutige Kunden sind daher auf Kurzstrecken-Elektrofahrzeuge angewiesen, die nicht auf Schnellstraßen und Autobahnen fahren dürften. Ansonsten gibt es noch in geringen Stückzahlen hergestellte Vollgeschwindigkeitsmodelle wie etwa den "Tango", den der Schauspieler George Clooney fährt – neben teuren Elektrosportwagen. Daneben bauen Bastler auch Hybrid-Fahrzeuge zu vollelektrischen Autos um.
Die neuesten Elektrofahrzeuge nutzen aus dem gleichen Grund LiIon-Batterien, aus dem sie auch in neueren Laptops eingesetzt werden – sie speichern Energie in einem kleinen, leichten Paket. Allerdings hat sich die LiIon-Verwendung in Fahrzeugen bei weitem noch nicht durchgesetzt. Erstens sind die Kosten noch zu hoch, so zahlt man für das Elektrosportfahrzeug "Venturi Fetish" satte 500.000 Dollar. Zweitens ist der Umgang mit der Technik nicht einfach – die Akkus können bei Fehlbedienungen überhitzen, fangen an zu brennen oder explodieren gar, wenn es zu Produktionsfehlern kommt (so zum Beispiel im vergangenen Jahr in einzelnen Apple-PowerBook-Rechnern). Ein weiteres Problem der aktuellen LiIon-Generation: Die Batterien halten zu kurz und verlieren recht schnell ihre Kapazität, wie viele Laptop-Besitzer aus eigener Erfahrung wissen.
Die neuen Batteriezusammensetzungen sollen das nun ändern. Verbesserte Inhaltsstoffe erlauben bereits die Verwendung von LiIon-Batterien in Elektrowerkzeugen, die Erschütterungen aushalten müssen. Neue Materialien verlängern die Lebensdauer, reduzieren Kosten und verbessern die Leistung.
Einer der Gründe für diesen Technologiesprung liegt in der Nanotechnologie. LiIon-Batterien produzieren Strom, in dem Ionen zwischen den Elektroden hin und her wandern. Mit Hilfe von Nanopartikeln an den Elektroden vergrößert sich deren Fläche, was den Ionen-Fluss beschleunigt. Dadurch ergeben sich höhere Energiespitzenwerte und schnellere Ladeprozesse.
Altair Nano will seinen Prototyp nicht nur auf Leistung und Sicherheit testen, sondern die Batterien auch vom US- Energieministerium nach Standardverfahren testen lassen, wozu auch die Lebensdauer gehört.
Sollten sich die neuen Akkus tatsächlich bewähren, hängt ihre schnelle Verwendung in Fahrzeugen jedoch auch von der Installation von Energieladestationen an Tankstellen ab – eine ganz normale Steckdose reicht da nicht. Solche Stationen könnten von günstigem Nachtstrom profitieren und ihn dann schnell abgeben, wenn ein Fahrer Saft braucht, wie Altair-Nano-Mann Gotcher meint.
Altair Nano ist bei weitem nicht die einzige Firma, die neuartige LiIon-Akkus verspricht: "Es gibt Dutzende Hersteller fortschrittlicher Batterietechnik", meint Dave Goldstein, Präsident der Electric Vehicle Association für die Region Washington. Goldstein berät Firmen im Elektrofahrzeug- und Batterie-Bereich: "LiIon-Batterien sind in letzter Zeit stark vorangekommen. Es muss aber noch einiges an Arbeit in die Technik gesteckt werden, bis die Standards der Autohersteller erreicht sind." Diese forderten unter anderem, das die Batterien mindestens zehn Jahre halten: "Die neueren Batterien machen uns hier bereits Hoffnung."
Übersetzung: Ben Schwan.
habe den Link mal hier reinkopiert. die Werbung ließ sich leider nicht ausblenden.
<!-- NAVIGATIONSLEISTE -->Altair ist m.E. eine der Perlen im Nano Bereich. Auch eher langfristig (2-5 Jahre).
Zum Zocken gibt es andere Werte (z.B. GMTH).
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Ob altair, die 5 $ marke schafft?
Erstmal Widerstand bei 4,50
Bin erst seit kurzem investiert und habe folgende Mail gefunden.
Hoffe natürlich auf steigende Kurse und den absoluten Durchbruch dieser Technologie, da auch in USA das Thema Umwelt und Energie-Sparen an Bedeutung gewinnen sollte.
ALTAIR NANOTECHNOLOGIES
Phoenix Motorcars to Exhibit All-Electric SUT at Faster Freight - Cleaner Air Conference and Expo
2/1/2007
ONTARIO, CA, Feb 01, 2007 (MARKET WIRE via COMTEX News Network) --
Phoenix Motorcars, a manufacturer of battery-electric, freeway-speed fleet vehicles, will showcase a new zero-emission, all-electric, sport utility truck (SUT) during the Faster Freight - Cleaner Air Conference and Expo at the Long Beach Convention Center scheduled for Feb. 26-28, 2007.
The green SUT is an economical and energy-efficient solution to improve operations and will be on display at booth 313 in the exhibit hall. Conference attendees will also have the opportunity to test-drive the innovative SUT at the "Ride and Drive" activity scheduled on Wed., Feb. 28 from 1:00 p.m. to 4:00 p.m. located at the main entrance of the Long Beach Convention Center.
Phoenix Motorcars is an early leader in the mass production of full-function, green electric trucks and SUVs for commercial fleet use. To eliminate noise and toxic vehicle emissions that contribute to air pollution, the Phoenix Motorcars SUT is powered by the revolutionary Altairnano NanoSafe(TM) (NASDAQ: ALTI) battery pack, a non-toxic, all-battery solution.
The Phoenix Motorcars SUT can cruise on the freeway at up to 95 m.p.h. while carrying five passengers and a full payload. The SUT exceeds all specifications for a Type III ZEV, having a driving range of 130 miles; it can be recharged in less than 10 minutes, and the battery pack has a life of 12 years or more.
Phoenix Motorcars targets operators of fleet vehicles, such as public utilities, public transportation providers and delivery services. This market presents a significant opportunity as there are more than 200,000 fleet vehicles in the state of California alone, with an increasing number of fleet operators now seeking freeway-capable, zero-emission, all-electric vehicles. A limited number of vehicles will be available to consumers in 2007 with an expanded consumer launch scheduled for 2008. Phoenix Motorcars will introduce an SUV model in late 2007.
For more information about Phoenix Motorcars, visit www.phoenixmotorcars.com. For information about the Faster Freight - Clean Air Conference and Expo, visit www.ffca2007.com.
Und so habe ich mich vor einer Woche gut mit Aktien von Altair eingedeckt.
ALTAIR NANOTECHNOLOGIES
UQM Technologies and Altair Nanotechnologies Form Strategic Alliance
2/6/2007
Companies to Develop Products for Advanced Transportation and
Other High Potential Markets
FREDERICK, Colo. & RENO, Nev., Feb 06, 2007 (BUSINESS WIRE) --
UQM TECHNOLOGIES, INC. (AMEX: UQM) AND ALTAIR NANOTECHNOLOGIES, INC. (NASDAQ: ALTI) jointly announced today that they have formed a strategic alliance to collaboratively pursue opportunities for their complementary proprietary technologies in advanced transportation and other high potential markets. The alliance pairs UQM's electric motor, power generator and power electronic products that are small, lightweight, highly efficient, and offer high torque and high speed in a single package, with Altairnano's NanoSafe(TM) battery packs that are safe, possess rapid charge and discharge rates, have exceptional performance at high and low temperature extremes and exhibit long cycle life.
The transportation market is expected to experience rapid technological change resulting in further electrification of vehicles. As a result, a wide array of possible product opportunities are expected to develop in electric transportation and other related markets, including products for electric propulsion, power generation, power management and conversion and on-board energy storage. By collaborating on product development opportunities, both companies can potentially accelerate the commercialization of their proprietary technologies as well as develop optimized solutions that require motive power, on-board energy storage and power generation.
"UQM has a reputation for developing an array of innovative and high performance products for advanced transportation applications," said Alan J. Gotcher Ph.D., Altairnano's President and Chief Executive Officer. "This strategic alliance will allow us to offer comprehensive, integrated products and electric power solutions to a wide range of customers and markets."
"We are excited to be able to collaborate with Altairnano on product opportunities in the markets we are pursuing," said William G. Rankin, President and Chief Executive Officer of UQM Technologies, Inc. "We believe the performance attributes of Altairnano's NanoSafe(TM) battery packs can potentially add significant value to vehicles under development for our current and future customers."
UQM and Altairnano are currently collaborating on the development and commercial launch of an all-electric sport utility truck (SUT) for Phoenix Motorcars, Inc., which is being integrated and tested by Boshart Engineering. The Phoenix all-electric SUT is powered by a 100 kW UQM(R) electric propulsion system which produces over 400 ft-lbs of torque, accelerates the vehicle from 0 to 60 miles per hour in less than 10 seconds, has a top speed of 100 miles per hour and operates at peak system efficiencies of over 94%. The vehicle's 35kWh NanoSafe(TM) battery pack can be recharged in less than 10 minutes with an appropriate rapid charging station and in a typical fleet duty cycle the vehicle can travel up to 135 miles between charges. The SUT is expected to qualify as a Type III ZEV in California.
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, plug-in hybrid electric and fuel cell electric vehicles, 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 www.uqm.com.
Altairnano is an innovator and supplier of advanced novel, ceramic nanomaterials. A seasoned management team complements Altairnano's leading edge scientists with substantial experience in commercializing innovative, disruptive technologies. The company has developed nanomaterials for the alternative energy, life sciences and performance materials markets based on its proprietary manufacturing process. This process also provides the foundation for its innovative AHP pigment process. For more information visit: www.altairnano.com
Netter Bericht für alle die an dieses Investment glauben.
3/5/2007
Energy Giant Invests Three Million Dollars in Altair Stock
RENO, Nev., Mar 05, 2007 (BUSINESS WIRE) --
Altair Nanotechnologies Inc. (Nasdaq: ALTI), a leading manufacturer of safe, high-performance battery pack systems used in electric and hybrid-electric automobiles and stationary power systems, announced today that global power leader AES Corporation (NYSE: AES) has made a $3 million strategic investment in Altair.
AES privately purchased 895,523 treasury shares of Altair common stock at $3.35 per share, the NASDAQ closing price of Altair shares on the day prior to closing. Altair agreed to register the resale of such shares. The purchased shares represent approximately 1.5% of Altair's outstanding common shares. Cowen and Company acted as the financial advisor to Altair for the transaction.
AES is one of the world's largest global power companies, with 2005 revenues of $11 billion. With operations in 26 countries on five continents, AES's generation and distribution facilities have the capacity to serve 100 million people worldwide.
"Advanced battery technologies have the potential to transform both the electricity and transportation sectors," said Robert Hemphill, Executive Vice President of AES. "The batteries that Altairnano is beginning to ship, with their high power density and extended cycle life, offer great promise for powerful, fast charging electric vehicles and other applications."
"AES is a leader in the global power sector with a long history of innovative project development. Altairnano and AES have a common focus on the alternative energy market and we are proud to have them as a major investor," said Altair President and Chief Executive Officer, Alan J. Gotcher, Ph.D.