Electro Energy Receives Army Funding

Electro Energy Inc. of Danbury, Connecticut, will receive $1.0 million from the 2006 budget of the U.S. Army for development and demonstration of its bipolar lithium-ion battery for communication applications. The funding was included in the fiscal year 2006 Department of Defense appropriations bill. The project will be carried out at Electro Energy’s facility in Colorado Springs, Colorado.

“The DoD funding will allow Electro Energy to continue development of applying its patented bipolar wafer-cell technology to the Li-ion chemistry for U.S. Army communications systems and other applications,” says Michael E. Reed, Electro Energy’s president and COO. “The adaptation of the EEEI bipolar wafer design to lithium batteries offers the potential advantages of better volumetric energy density, lower cost and higher power density than conventional designs.”