SatCon Increases Shipments of Products Used in Alternative Energy Systems

April 18, 2007 by Jeff Shepard

SatCon Technology Corp.® announced that SatCon Electronics, a wholly owned subsidiary and a designer and manufacturer of high reliability electronic components recorded a 40% quarter over quarter increase in Q1 shipments of products used in alternative energy systems. The Electronics subsidiary utilizes high-speed surface mount manufacturing capability to build the company’s proprietary DSP based controller boards which are further integrated into larger solar and fuel cell inverters produced by SatCon’s Stationary Power Systems subsidiary.

"Having the internal capability to design and manufacture the controller electronics is a real competitive advantage in this rapidly expanding alternative energy market." said David Eisenhaure, SatCon President and CEO. "The Electronics subsidiary also designs and manufactures components and systems for space flight and satellite applications. This business is also expanding with new high reliability products introduced over the last 18 months representing $1.2 million of orders booked in Q1. It is interesting that alternative energy and aerospace applications have many similarities. High reliability, extended product life, and ultra high efficiency are critical elements in servicing both markets. With the Electronics Division’s long history in high reliability systems serving the alternative energy market is a natural extension."

Currently in development are several next generation products scheduled for release in Q2. These products will target high-end commercial, industrial, and alternative energy applications. Jack Worthen, SatCon Electronics President, noted, "After twelve months in development, we are very excited about releasing an entirely new product line for the Electronics Division. We have a number of ultra high efficiency power modules which not only have a significant market opportunity as stand alone products but will also be integrated into our next generation system controller electronics for solar and fuel cell inverters."