Saturday, January 19, 2008

Lockheed adds legitimacy

It looks like Lockheed Martin is adding credibility to EEStor's claims by announcing an investment in their technology. Terms were not disclosed. From the article on CNET:

EEStor is developing a ceramic battery chemistry that could provide 10 times the energy density of lead acid batteries at about a tenth of the weight and volume, according to Lockheed. A Lockheed spokesman said the company is interested in energy storage systems a soldier can carry, but also car batteries and energy systems for remote buildings.