NASA Awards Electrovaya Another Contract to Supply Rechargeable Lithium Ion Battery System for Use in the International Space Station.TORONTO -- Electrovaya Inc. (TSX:EFL EFL - English as a Foreign Language EFL - Eastern Federal Lands EFL - Edited for Length EFL - Effective Focal Length EFL - Emergency Flare Launcher EFL - Emitter-Follower Logic EFL - English Football League EFL - Entry Flight Level EFL - Environments for Living EFL - European Football League (rugby) EFL - External Financing Limit (UK)) today announced that it has received a new contract from NASA-JSC to provide a re-chargeable flight battery and charger system. This system will replace the non-rechargeable lithium thionyl chloride battery now used in the Internal Wireless Instrumentation System (IWIS) which monitors the structural and thermal dynamics within the International Space Station (ISS) habitable habitable adj. referring to a residence that is safe and can be occupied in reasonable comfort. Although standards vary by region, the premises should be closed in against the weather, provide running water, access to decent toilets and bathing facilities, heating, and electricity. Particularly in multi-dwelling buildings freedom from noxious smells, noise and garbage are included in the standard. modules. As part of this project of up to six months duration, Electrovaya will design, develop and produce an integrated flight charger and battery based on its rechargeable lithium ion technology for an amount of US$294,000. "By awarding Electrovaya the work on the power supply for the IWIS program, NASA has demonstrated its confidence in Electrovaya's technology and our ability to meet its needs," said Dr. James Jacobs, Chief Technology Officer. "The aim of the IWIS battery program is to reduce battery maintenance operations and the associated recurring costs. Our technology is positioned to meet this need," concluded Dr. Jacobs. Electrovaya's goal is to become the leading provider of tablet PC's, portable power for the notebook computer, aerospace and wireless sectors, and to apply its technology to a broad spectrum of alternative energy applications including UPS, stand-by power and zero-emission vehicles. It develops, manufactures and sells high value products globally using award winning patented proprietary lithium ion SuperPolymer(R) rechargeable battery technology, which delivers the highest energy density of any battery technology on the market today. Electrovaya has designed, developed and markets the Scribbler(TM) Tablet PC which offers longer run time than any other Tablet PC currently available. The Company's shares trade on the Toronto Stock Exchange under the symbol EFL. For more information about the Company and its products, please visit www.electrovaya.com Electrovaya Inc. (TSX:EFL) |
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