Raser Technologies Signs CRADA with the US Army

October 16, 2005 by Jeff Shepard

Raser Technologies Inc. (Provo, UT), a developer of advanced electric motor and controller technology for electric motors and controllers, announced that it has signed a cooperative research and development agreement (CRADA) with the US Army's National Automotive Center(NAC) and Tank Automotive Research Development and Engineering Center (TARDEC) to explore common interests in ground vehicle applications of the components, designs, and technology associated with high-performance electro-magnetic equipment, especially in hybrid-electric vehicle uses.

As part of the CRADA, TARDEC and Raser will investigate the possibility of using an integrated starter alternator (ISA) in military vehicles, using Raser's motor technology as an ISA in the Army's Humvee vehicles, and using Raser's motor and controller technology in non-ISA applications in military vehicles. Under the agreement, the parties will share engine/vehicle design specifications for multiple vehicles, and document testing/performance parameters of the motors, controllers, and ISAs.

"We are confident that the CRADA framework will accelerate the evaluation and adoption of Raser's Symetron™ technologies in military and ultimately, consumer vehicle applications," said Raser Technologies CEO Brent Cook. "Execution of the CRADA is a significant milestone for Raser in that it establishes our long-term working relationship with the US Army, and provides for the intellectual property protection that we require."