ECD Wins Hydrogen Tow Tractor Contract
ROCHESTER HILLS, Mich., Oct. 31 /PRNewswire-FirstCall/ -- Energy Conversion Devices, Inc. (ECD Ovonics) (Nasdaq: ENER - News) today announced that it had received a contract to develop and demonstrate a hydrogen-powered airport tow tractor and to further develop its advanced Ovonic metal hydride fuel cell technology for the US Army's Tank Automotive Research, Development and Engineering Center (TARDEC) via its National Automotive Center (NAC). The contract has a total value of approximately $1.8 million.
ECD Ovonics successfully developed and demonstrated a portable hydrogen refueling system for NAC in 2004. Now, under the new contract, ECD Ovonics will develop and demonstrate a high-efficiency, ultra-low emissions, hydrogen hybrid-electric internal combustion engine powered aircraft tow tractor that uses on-board Ovonic solid hydrogen storage systems. ECD Ovonics will also further develop its non-noble metal hydride fuel cell stack technology, which represents a fundamentally new approach to fuel cells and provides unique performance advantages, including instant start, good low-temperature performance, and intrinsic energy storage.
Many of our busiest U.S. airports do not meet air quality standards according to the Environmental Protection Agency. Aircraft tow tractors, therefore, are potential early adopters of clean hydrogen technologies. The hydrogen fuel can be produced from sustainable sources of renewable energy and offers the potential to improve our nation's energy security by reducing our dependence on imported oil, as well as almost eliminating harmful carbon emissions arising from the combustion of fossil fuels in transportation applications.
The contract will be administered by Aerospace Engineering Spectrum (AES), based in Ogden, Utah, via a subcontract to ECD Ovonics on behalf of Ovonic Hydrogen Systems and Ovonic Fuel Cell Company. AES will provide project management services through its prime contract with the Department of Defense under the Design Engineering Support Program.
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