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Battery Firm Gets DOE Funding
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
nickel metal-hydride battery energy storage program.
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.
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