US Department of Defense Awards Canoo battery module contract for advanced testing.
The Defense Innovation Unit awarded Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, a contract to supply battery modules for analysis and demonstration. This award supports the U.S. Department of Defense focus to incorporate scalable and adaptable capabilities in tactical environments.
Tony Aquila, Chairman & CEO at Canoo, said:
We are very proud to be selected by the Department of Defense and to contribute to our country’s global defense technology leadership.
“This award is another example of our focus and commitment to innovation. We’ve worked hard and continue to develop our patented technologies and ability to deliver flexible, on demand energy solutions that are multi-purpose capable, to serve America’s interests and its allies around the world,”
Canoo’s proprietary battery system is modular to support different vehicle configurations and engineered to provide industry leading energy density. The system is designed to be flexible and compatible with cells from leading battery providers and engineered to evolve with changes in cell size and chemistry as the industry matures, scales and reduces costs.
This contract follows Canoo’s delivery of a Light Tactical Vehicle (LTV) to the U.S. Army in November, and its selection to provide NASA with crew transportation vehicles to support the Artemis lunar landing missions.
About Canoo
Canoo’s mission is to bring EVs to Everyone. The company has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that spans the full lifecycle of the vehicle.
Distinguished by its experienced team from leading technology and automotive companies – Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space that is customizable across all owners in the vehicle lifecycle to support a wide range of vehicle applications for consumers and businesses.
Canoo has teams in California, Texas, Michigan, Oklahoma and Arkansas. For more information, please visit www.canoo.com. For Canoo press materials, including photos, please visit press.canoo.com. For investors, please visit www.investors.canoo.com.
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U.S. DEPARTMENT OF DEFENSE AWARDS CANOO BATTERY MODULE CONTRACT FOR ADVANCED TESTING, JUSTIN, Texas, February 1, 2023