Ultralife Batteries Receives First Major OEM Order for Polymer Rechargeable CellsFebruary 05, 2001 by Jeff Shepard
Ultralife Batteries Inc. (Newark, NY) announced that it has received its first major OEM order for its polymer rechargeable cells in a new portable wireless communications application. The initial order is valued at over $800,000, and shipments are expected to begin in February 2001 with scheduled deliveries through the end of the year. Follow-on orders of increased size are anticipated.
John Kavazanjian, Ultralife's president and CEO, commented, “This order is a major milestone and achievement supporting our polymer rechargeable growth strategy of building relationships with OEMs whose applications can most benefit from the thin, light, flexible and high-energy characteristics our polymer cells provide. It further supports Ultralife's intent to be a major supplier of high-performance polymer cells and batteries into the rapidly growing wireless markets."