SatCon Wins Naval Propulsion Motor Technology SBIR Contract.BOSTON -- SatCon Technology Corporation[R] (Nasdaq CM: SATC SATC Sex and the City (HBO series) SATC Software Assurance Technology Center (NASA) SATC Sexual Assault Treatment Center (Broward County, Florida) ), a developer and supplier of power management and system architecture solutions for the alternative energy and distributed power markets, today announced that it has been awarded a Phase I Small Business Innovative Research (SBIR SBIR Small Business Innovation Research (program/grant) SBIR Space Based Infra-Red SBIR Speaker-Boundary Interference SBIR Site Backsurface-referenced Ideal Plane/Range (silicon wafers) ) contract with the U. S. Navy to develop insulation technology for advanced propulsion motor designs for future "all-electric" ships. New motor winding insulation techniques are necessary to balance the increasing voltage and thermal stresses associated with the drive to higher power Higher power is a term used in a 12-step program, such as Alcoholics Anonymous, to describe "a power greater than yourself." Although many participants equate their higher power with God, a belief in God or in formal religion is not mandatory; the higher power is intended as a application of pulse width modulation See PWM. (PWM (Pulse Width Modulation) A modulation technique that generates variable-width pulses to represent the amplitude of an analog input signal. Like its fixed-width pulse density modulation (PDM) cousin, the output switching transistor is on more of the time for a ) driven electric machinery, particularly with permanent magnet machinery. As a result of this research, the Company expects to develop new motor design solutions that will enable higher power density, affordable manufacturing capability, and increased reliability compared with current practices. SatCon has been a leader in technology development and solutions for the advanced electric machinery market for the past 20 years. This award underscores the Company's motor design capabilities and is expected to yield advanced motor insulation solutions for multi-megawatt propulsion scale electric machinery. The results of this research will have direct commercial applicability to SatCon's electric drive and generation systems for the alternative energy market wherever power density and efficiency of the electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). power conversion process is a key driver. This includes hybrid and electric vehicle traction drives, mobile generator sets, and aerospace electric propulsion Electric propulsion is a form of spacecraft propulsion used in outer space. This type of rocket engines utilize electric energy to obtain thrust, unlike the "normal" rocket engines that use chemical energy. and power generation systems. SatCon's President & Chief Executive Officer, David Eisenhaure, stated "SatCon continues to push the state of the art in electric power conversion technology, and this development effort is expected to deliver power density improvements across the range of our machinery products." About SatCon Technology Corporation SatCon Technology Corporation is a developer and manufacturer of electronics and generators/motors for the Renewable Energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. , Hybrid-Electric Vehicle, Grid Support, High Reliability Electronics and Advanced Power Technology markets. For further information, please visit the SatCon website at www.satcon.com. (SATC-G) Statements made in this document that are not historical facts or which apply prospectively are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "will," "intends," "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the Company's expectation. Additional information concerning risk factors is contained from time to time in the Company's SEC filings. The Company expressly disclaims any obligation to update the information contained in this release. |
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