Lithium Technology Corp. wins $1.1 million order for underwater application

PLYMOUTH MEETING, Pa., 29 Nov. 2007. Lithium Technology Corp. (LTC), a manufacturer in the large rechargeable lithium battery market, has received a repeat order of approximately $1.1 million for an unmanned underwater vehicle (UUV) application.

LTC developed this pressure-tolerant battery cell technology over the past two years. The cells are developed to withstand pressure underwater. Using these cells, the customer has logged nearly 1000 hours of pressure testing on LTC's final cell design without a failure.

The battery using LTC's cells is the only power source for the UUV, which is used for military applications as well as commercial applications including oil exploration, water tunnel inspection, and cinematography.