We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to... More
Quantum Fuel Systems Technologies Worldwide, Inc. announced that the company has received a purchase contract for high capacity, ultra-light weight composite natural gas (CNG) storage systems. These systems are being produced for Agility, a US natural gas medium and heavy duty vehicle integrator, where they will be used in Class 8 trucks.
Quantum Fuel is a fully integrated alternative fuel company that develops and produces advanced propulsion systems, energy storage technologies, and alternative fuel vehicles. Quantum’s portfolio includes technology such as hybrid electric drive systems and natural gas/hydrogen storage and metering systems. Quantum also develops components for hybrid and plug-in hybrid vehicles.
The CNG systems provided by Quantum will be light weight and high capacity, enabling a 30% reduction of the operating costs of Class 7 and 8 vehicle fleets. Reducing the weight of these vehicles enables them to carry more fuel, maximizing profits.
“We see a strong future for our CNG systems in class 8 trucks for industries like regional distribution,” said Alan P. Niedzwiecki, Quantum’s President and CEO. “Many retailers and package distribution companies are now seeing the financial advantages of converting to CNG.”
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha
community. Instablog posts are not selected, edited or screened by Seeking Alpha editors,
in contrast to contributors' articles.
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
Quantum Fuel Systems (QTWW) Receives Contract for Natural Gas Storage Systems 0 comments
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
Share this Instablog
Latest Followers
StockTalks
-
$CXM Builds Diverse Portfolio with Broad Commercialization Opportunities http://seekingalpha.com/p/163iy
about 17 hours ago
-
$PTOO Set to Change Mobile Marketing http://seekingalpha.com/p/16172
1 day ago
-
$VSTA Shares Exciting CardioSafe 3D(TM) and LiverSafe 3D(TM) Developments at ISSCR's 11th Annual Meeting http://seekingalpha.com/p/160w8
1 day ago
More »Latest Comments
Most Commented
Posts by Themes