InvestorsHub Logo
Followers 110
Posts 6480
Boards Moderated 0
Alias Born 05/01/2003

Re: Transat 5 post# 14970

Wednesday, 09/07/2005 2:29:08 PM

Wednesday, September 07, 2005 2:29:08 PM

Post# of 157299
Transat,

batteries were ordered in June from Lithium Technology. The actual supplier of the propulsion system to my knowledge has not been disclosed. Kestrel is without question out of the picture.

PLYMOUTH MEETING, Pa., June 22, 2005 /PRNewswire-FirstCall via COMTEX/ -- Lithium Technology Corporation ("LTC", "The Company") (LTHU), a leading participant in the rapidly emerging large format rechargeable lithium battery market, announced today that Sanswire Networks, LLC, a wholly-owned subsidiary of GlobeTel Communications Corporation, has placed an order for two 17.3 kWh batteries to be used for testing purposes in its prototype high altitude airship (HAA) which aims to replace communication satellites. Each of the batteries is comprised of 4 modules (capitalizing on the design flexibility) to distribute the weight throughout the framework.

About Lithium Technology Corporation:

LTC produces unique large-format rechargeable batteries under the GAIA brand name and trademark. The Company supplies a variety of military, transportation and back-up power customers in the U.S. and Europe from its two operating locations in Plymouth Meeting, Pennsylvania and Nordhausen, Germany. For additional information on the Company's technology and products, please visit http://www.lithiumtech.com or http://www.gaia-akku.com.
http://www.investorshub.com/boards/read_msg.asp?message_id=6751099
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.