Neptune Technology awards Tadiran Batteries $30m contract
Tadiran Batteries will supply advanced lithium batteries to Neptune Technology for automatic meter reading.
Globes correspondent 7 Dec 05 10:45
Tadiran Batteries Ltd has been awarded a four year $30 million contract for the supply of lithium batteries from US-based company Neptune Technology Group Inc.
Neptune Technology is a leading manufacturers of automatic meter reading (AMR) devices for water utilities, reading over 38 million meters per month.
Tadiran Batteries is a subsidiary of Saft (Doherty, Hanson and Co.). The company was acquired by Saft in 2000. Saft is a world specialist in the design and manufacture of high-tech batteries for industry.
This is not Tadiran Batteries' first order from Neptune Technology. Last year, "Globes" reported that Tadiran Batteries would supply Neptune Technology with $5 million worth of lithium batteries for water meters in 2005.
Tadiran Batteries’ PulsesPlus battery is a proven system consisting of state-of-the-art lithium thionyl chloride batteries combined with a breakthrough technology hybrid layer capacitor (HLC). Tadiran Batteries stated that this newly developed technology is capable of supplying high energy density and high operating voltage under high pulse discharge currents.
The PulsesPlusTM batteries have a very wide operating temperature range of -40°C to +85°C and a very low self discharge rate ( less than 0.5% per year).The battery can provide 10 to 20 years of operating life under extreme conditions with maximum safety .
These unique charactaristics make PulsesPlus batteries suitable for demanding applications such as water and gas meters, AMR, toll tags, medical equipment, emergency locating and tracking systems as well as military applications.
Tadiran Batteries CEO Igal Carmi said that the order further establishes Tadiran Batteries’ as a world leader in supplying lithium batteries for the AMR industry.
Published by Globes [online], Israel business news - www.globes.co.il - on Wednesday, December 07, 2005
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