EnerDel Receives Research Grant

EnerDel of Indianapolis, Indiana, has been awarded a $853,000 research grant from the Office of Naval Research (ONR) to develop a Li-ion battery system for asset tracking applications. The company will develop a battery system that will operate at -40C. The project, scheduled for completion by the end of March 2008, will be monitored, evaluated and tested by ONR and the Naval Surface Warfare Center Crane.

Also, Congress has approved additional defense department appropriations for EnerDel research grants totaling approximately $4.4 million. Projects under these grants will commence after formal detail project review and approval by the appropriate Department of Defense agencies, which is not expected before the end of the third quarter of calendar 2007.