Peoria-based Start-up Lands Military Battery Contract

The company's first-ever military contract is part of more than $280 million in federal spending bound for Illinois this year under a defense bill recently signed by President Bush.

Published: 26-Jan-2006

A Peoria company founded less than three years ago has landed a $2.5 million contract to develop its new generation of lighter, more powerful batteries for the U.S. military, officials said Tuesday.

Firefly Energy Inc. officials say the deal could ultimately put the fledgling company in line for supply contracts that amount to about $35 million a year for Army vehicle batteries alone.

"There's a big market. They're going through batteries ... in Iraq like crazy," said Mil Ovan, Firefly's senior vice president and co-founder.


Cobasys' complete plug and play NiMHax 36 Volt system includes its high power Series 1000 advanced NiMH battery modules and electronics in a small, lightweight package designed specifically for GM's application.

Batteries could soon replace standard nickel-metal hydride batteries in hybrid vehicles. PHOTO: Sandia researcher Brad Hance examines a lithium-ion battery that may someday be put in a hybrid car.

Images of different types of carbon nanotubes. Carbon nanotubes are key to MIT researchers' efforts to improve on an energy storage device called an ultracapacitor.


blog comments powered by Disqus