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Electro Energy and EaglePicher Collaborate
Electro Energy, Inc., a provider of advanced
battery technologies and associated systems, awarded
a contract for the manufacture of nickel sintered
plaque for batteries to EaglePicher Technologies,
LLC. This purchase order is released under the
long-term supply agreement between Mobile Energy
Products, Inc. and EaglePicher.
Martin G. Klein, Electro Energys chairman
and CEO, said, We have remained confident
that orders under our supply agreement with EaglePicher
would rebound. Shipments under this purchase order
scheduled for Q1 2006 will exceed prior-year same-quarter
revenues generated under the long-term supply
agreement with EaglePicher by 337%.
The contract will require EEI to fabricate the
nickel sintered product using its heritage processes
and procedures. This product is used exclusively
in EaglePicher nickel-hydrogen battery cells.
EaglePicher is considered to be the largest supplier
of nickel-hydrogen cells and batteries used in
various space applications.
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