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PRESS
RELEASE Contact: Randy Hartsock 858-522-8403 July 6, 1998, San Diego, CA |
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MAXWELL ENERGY PRODUCTS WINS $4.1 MILLION CAPACITOR CONTRACT Maxwell Energy Products has been awarded a $4.1 million contract from Los Alamos National Laboratory for the ATLAS program. The contract consists of the sale of more than 400 high voltage advanced technology capacitors for delivery over an 18 month period. "We are very pleased with the Los Alamos decision," said Gregg McKee, president of Energy Products. "We have been developing the product for a period of time and during that process we competed with other capacitor manufacturers. The award, which represents one of the largest capacitor orders ever awarded for this type of application, is a clear indicator of the technical superiority of our products." Added McKee, "As previously demonstrated, there are global commercial and governmental opportunities for Energy Products and it is our intent to leverage this win into additional opportunities." ATLAS is a pulsed power facility designed to perform high energy-density experiments in support of nuclear stockpile stewardship and basic research programs. It is designed to be an international user facility, providing experimental opportunities to researchers from Lawrence Livermore National Laboratories, Sandia National Laboratory, AWE, and various academic institutions. Maxwell Energy Products is a leader in pulsed power technologies, providing pulsed power based systems and components for a wide range of commercial applications and research and development for both commercial customers and the U.S. government. The Company's advanced technology solutions address diverse markets such as medical equipment and products, food processing and packaging. |
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