SatCon Receives Battery Power Converter Order

October 06, 2002 by Jeff Shepard

SatCon Technology Corp. (Cambridge, MA) announced that it has been awarded a contract from DaimlerChrysler Corp. (Auburn Hills, MI) for a second battery power converter for use in its fuel cell hybrid-electric vehicle demonstrator fleet. The system is designed to provide power conversion between the battery and the fuel cell.

SatCon President and CEO David Eisenhaure commented, "This order is important in that it recognizes the successful performance of our initial converter during recent demonstrations and highlights the capability of SatCon Applied Technology to support the next-generation automotive market. We are pleased that we have successfully delivered products to DaimlerChrysler that meet their needs in this initiative and we continue to believe that alternative fuel vehicles will represent the future of the automobile."