Electrovaya Receives Follow On Orders for High Voltage Battery Systems from Global Aerospace and Defense Company Following Extensive Testing
Electrovaya’s High Voltage Battery Systems demonstrated strong reliability and performance in mission critical off-road defense application over several months of extensive testing
Electrovaya Inc. (“Electrovaya” or the “Company”)(NASDAQ:ELVA) (TSX:ELVA) a leading lithium-ion battery technology and manufacturing company, is pleased to announce follow-on order for Infinity-HV battery systems, from a global aerospace and defense company.
CEO, Dr. Raj DasGupta, said:
We are excited that our first Infinity-HV battery product, which shipped nearly a year ago, met the extreme performance requirements for this off-road autonomous defense application, which represents some of the most difficult validation testing available,
“These follow-on orders are a testament to the exceptional performance of the Infinity-HV technology for mission critical applications in general.”
The Infinity-HV systems target mission critical and heavy-duty high-voltage applications including vehicles, defense and other energy storage applications seeking industry leading performance and safety.
Production of the Infinity-HV products is planned at the Company’s facility in Jamestown, New York, which will provide increased manufacturing capacity and domestic manufacturing. Recently The Export-Import Bank of the United States (EXIM) approved a $50.8 million direct loan to support Electrovaya’s gigafactory manufacturing facility in Jamestown, New York.
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Electrovaya Receives Follow On Orders for High Voltage Battery Systems from Global Aerospace and Defense Company Following Extensive Testing, source
