Tuesday, January 22, 2008
A New Deal for EEStor
A delayed battery technology may indeed be on the way.
By Tyler Hamilton

Earlier this month, a stealthy startup that says its ultracapacitor-based energy storage system could make conventional batteries obsolete took a small step toward proving its many skeptics wrong.

The company, EEStor, based in Cedar Park, TX, has made bold claims about its technology but has so far failed to deliver a working commercial product. However, an agreement announced this month with Lockheed Martin, based in Bethesda, MD, suggests that the company could be making progress--at least enough to convince a major defense contractor that the technology has merit. The agreement gives Lockheed an exclusive international license to use EEStor's power system for military and homeland-security applications--everything from advanced remote sensors and missile systems to mobile power packs and electric vehicles. The technology, Lockheed said in a statement, "could lead to energy independence for the Warfighter."

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www.technologyreview.com/print...e.aspx
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