UQM and Altair Form Alliance

UQM Technologies of Frederick, Colorado, and Altair Nanotechnologies Inc. of Reno, Nevada, have formed a strategic alliance to collaboratively pursue opportunities for their complementary technologies in advanced transportation and other high potential markets. The alliance pairs UQM's electric motor, power generator and power electronic products that are small, lightweight, highly efficient and offer high torque and high speed in a single package, with Altairnano's NanoSafe™ battery packs that are safe, possess rapid charge and discharge rates, have exceptional performance at high and low temperature extremes and exhibit long cycle life. By collaborating on product development opportunities, both companies can potentially accelerate the commercialization of their technologies as well as develop optimized solutions that require motive power, on-board energy storage and power generation.