Electric Fuel Wins $500,000 in New Defense Contracts

May 14, 2002 by Jeff Shepard

Electric Fuel Corp. (New York) announced that its Defense and Security Systems Division has received new US Army contracts totaling just over $500,000. Electric Fuel received a follow-on contract from the US Army's Communications Electronics Command for provision of additional advanced zinc-air battery packs, and for enhancements to the company's pilot production line.

Electric Fuel President and CEO Yehuda Harats said, "Our zinc-air technology is uniquely suited to meeting the high-power, high-capacity needs of military and homeland security applications, and we expect to see continued growth in this sector."