LTC Wins Atlas V Battery Contract

Lithium Technology Corp. of Plymouth Meeting, Pennsylvania, has received a $171,200 purchase order from Lockheed Martin for 1070 ultra high power lithium-ion cells for the ATLAS V launch vehicle. The cells in development for Lockheed Martin each have a nominal capacity of 7.5Ah and can deliver 500A pulses. Lockheed Martin first contracted with LTC in 2004 to evaluate the company's Commercial Off-The-Shelf (COTS) cells in an initiative to upgrade the batteries for the Atlas V launch vehicle. The prototypes were extremely successful and Lockheed Martin is proceeding into a full qualification effort to certify the cells for flight on the Atlas V. The purchase order for over 1,000 ultra power cells will be delivered to Lockheed by January 2008.