AROUND THE INDUSTRY
Electro Energy Inc. of Danbury, Connecticut, will receive $1.5 million in funding from the 2006 budget of the U.S. Department of Energy for the continued development of its bipolar wafer-cell
The funding was included in the FY06 Energy and Water Development bill and will bring DOE's total investment in the NiMH battery program to about $6.5 million.
"In the past few months, we have announced several U.S. Navy, Air Force and other government contracts to develop lithium and thermal batteries using our Mobile Energy Products (MEP) facilities in Colorado Springs as well as an order to produce nickel-cadmium batteries for Apache helicopters," said Martin G. Klein, chairman and CEO of Electro Energy.