QUANTUM Awarded Contract By AeroVironment for NASA-Sponsored Program
QUANTUM Awarded Contract By AeroVironment for NASA-Sponsored Program
QUANTUM TECHNOLOGIES LOGO
Quantum Technologies, Inc. Logo. (PRNewsFoto)[TC]
IRVINE, CA USA 03/20/2001
- QUANTUM Awarded Contract to Design Advanced Hydrogen and Oxygen Storage System for Helios Project - Design Goal: To Develop a Hydrogen Storage Tank Technology for NASA Fuel Cell Aircraft - Pushes Hydrogen and Oxygen Tank Technology Beyond Current State-of-the-Art IRVINE, Calif., Aug. 21 QUANTUM Technologies WorldWide, Inc. announced today that it has been awarded a major contract by AeroVironment and NASA to design, fabricate, test and supply large advanced hydrogen and oxygen tanks for the next generation Helios fuel cell prototype aircraft. (Photo: http://www.newscom.com/cgi-bin/prnh/20010320/QUANTUMLOGO ) The Helios fuel cell aircraft is a remotely piloted flying wing prototype for NASA's Environmental Research Aircraft and Sensor Technology (ERAST) project -- demonstrating the capability to carry a payload of scientific instruments and telecommunications relay equipment for the next generation of broadband communications. The unique system to be developed by QUANTUM is a key enabling technology that will allow Helios to fly continuously for up to 6 months at altitudes up to 60,000 feet. Ultra-light-weight, low permeability, hydrogen and oxygen tanks are critical for achieving the high specific energy and for minimizing reactant gas loss required for the energy storage system. Known for its world class, ultra-lightweight, all-composite, high-capacity, storage tank technology, QUANTUM is ideally positioned to advance its liner/composite tank technology beyond the current state-of-the-art. QUANTUM will apply its considerable resources to the achievement of groundbreaking technology -- signifying a major advancement in Type IV tank technology. "QUANTUM's experience in successfully providing enabling technologies to manufacturers of fuel cell applications positioned the company for this prestigious project," said Syed Hussain, President and CEO of QUANTUM. "This major recognition by AeroVironment and NASA demonstrates their confidence in QUANTUM's advanced storage technology and provides further endorsement of QUANTUM's ability to meet the demand for the lightest tank technology that can withstand temperature extremes. The application of QUANTUM's competencies in tank technology will now be expanded to include oxygen storage -- once again marking QUANTUM as a technology and market leader." More About QUANTUM: QUANTUM Technologies WorldWide, Inc. is a wholly owned subsidiary of IMPCO Technologies Inc. . QUANTUM is focused on the development of fuel system enabling technologies for manufacturers of alternative propulsion and energy in emerging global markets. QUANTUM is a defined leader in advanced fuel storage and handling technologies -- as the first to demonstrate an all-composite hydrogen storage tank that stores hydrogen at 10,000 psi (700 Bar), and the first to achieve a performance record of 11.3% hydrogen storage by weight at 5,000 psi (350 Bar). These technology achievements dramatically increase the range of fuel cell mobile applications. In June 2001, General Motors (GM) and QUANTUM announced a partnership to collaborate on improving the range of GM's fuel cell vehicles through the development of hydrogen storage, hydrogen handling and electronic control technologies for fuel cell applications. (See the GM - QUANTUM joint press release of June 12, 2001) More about Helios: The Helios prototype is the fourth generation of all-wing aircraft designed and built by AeroVironment at its Design Development Center in Simi Valley, CA, as technology demonstrators for future solar-powered high-altitude aircraft platforms for science and commercial missions. The Helios prototype has a wingspan of 247 feet-longer than the wingspans of the Air Force C-5 military transport (222 feet) or the Boeing 747 commercial jetliner (195 feet) -- the two largest operational aircraft in the United States. The lightweight, electrically powered Helios is constructed mostly of composite materials such as carbon fiber, graphite epoxy, Kevlar, Styrofoam, and a thin, transparent plastic skin. The Helios fuel cell aircraft uses an electrolyzer to disassociate water molecules using excess electrical energy generated by the solar cells. Oxygen and hydrogen gases are accumulated in separate tanks. At night, when the solar cells stop producing electricity, the process is reversed. The oxygen and hydrogen gases are fed into a fuel cell that produces water and electricity. The electricity is used to power the Helios prototype until the next morning, when the cycle starts all over again. For more information, please contact: Alan Niedzwiecki, Executive Director, Business Development QUANTUM Technologies WorldWide, Inc. Tel: (949) 399-4552 Eileen M. Oswald, Director of Communications QUANTUM Technologies WorldWide, Inc. Tel: (949) 885-7547 Dale Rasmussen, Investor Relations IMPCO Technologies, Inc. Tel: (206) 575-1594 QUANTUM website: http://www.qtww.com Certain matters discussed in this press release contain forward-looking information that involves risks and uncertainties that could cause actual results to differ materially from current trends. These include the company's ability to design and market advanced fuel metering, fuel storage or electronic control products, the company's ability to meet OEM specifications, and other such risks as cited in the 2000 annual report on Form 10-K for IMPCO Technologies, Inc., and other documents filed with the Securities and Exchange Commission.
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