SatCon Wins $1.1M Navy Contract

Monday, April 10, 2006
SatCon Technology Corporation has been awarded a Phase II SBIR 'cost-plus' contract for an integrated motor propulsor (IMP) with the Office of Naval Research (ONR). The total value of the contract is $1.1m and will be funded over the term of the project. SatCon will design, fabricate, test, and deliver a complete integrated motor propulsor (IMP) system including motor, controller, and podded propulsor. An IMP enables propulsion for marine vehicles without any mechanical shaft couplings to a power generation source. Final unit delivery and testing at a Navy facility is scheduled for early 2008. (Source: UVOnline.com)
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