Quantum Fuel Systems Technologies (NASDAQ:QTWW), more commonly known as Quantum, is an alternate energy company that designs and manufactures CNG storage tanks, fuel systems and other advance fuel and propulsion systems for hydrogen, electronic, hybrid and PHE vehicles. The company supplies its products to truck and automotive OEMs, aftermarket, aerospace firms and government agencies. However, Quantum gets most of its revenues by supplying CNG storage and fuel systems for trucks and passenger vehicles. The company essentially offers and cleaner and cost effective alternative to consumers who use diesel, or gasoline, powered vehicles.
The company has been operating through two primary segments; Fuel Storage & Vehicle Systems and Renewable Energy, but is now divesting from the latter.
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